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Review on Aeternity by Holly Smart
Founded by Yanislav Malahov, Aeternity’s team has gone through several…
Founded by Yanislav Malahov, Aeternity’s team has gone through several iterations (& several CTOs) but now seems to have settled with Malahov remaining a constant throughout. Malahov has (toung-in-cheek) described himself as the Godfather of Ethereum having been involved in the project since the very start. He’s now focused on Aeternity. The current tech lead is Sascha Hanse, he did an AMA not too long ago that’s quite interesting.
Pros
- It can make life easier for developers, having official documentation on oracles & state channels will hopefully simplify them. In general it should be cheaper /more efficient to interact with these first class objects than if they were built at the smart contract layer
Cons
- State channels exchange smart contract code and state with each message in the channel. All messages are signed by both parties and both parties can verify that the state is correct by executing the smart contract included in the message. A set of fingerprints of all contracts that can be exchanged in the channel is included in the channel opening transaction
