1 Level
7 Review
2 Karma
Review on Aeternity by Camie Spivey
The AEternity features a name system that is both decentralized and secure…
The AEternity features a name system that is both decentralized and secure, while still supporting human-friendly names. The AEternity includes a mapping from unique human-friendly strings to fixed-size byte arrays. These names can be used to point to things such as account addresses on AEternity, or hashes.
Pros
- State channels are where smart contracts exist, and if a disagreement occurs, the aeternity blockchain enforces the smart contract code. State channels are a breakthrough because a network of them makes it possible to trustlessly exchange value with anyone around the world. In this way, participants can have private interactions and businesses can keep their records off-chain instead of in the public. There are infinite instant transactions, making it possible to take advantage of use cases with high transaction volumes.
Cons
- Aeternity delivers a new blockchain technology with the goal of global scalability, transparent governance, and efficiency unlike anything we have already seen. Aeternity has several key features that help set it apart from other existing blockchain technologies, paving the way to the future.
