Review on Aeternity by Frank Cabrera

Name: Aeternity
Item: Aeternity
Rating: 5

September 20, 2018

æternity is a scalable blockchain platform that enables high bandwidth…

æternity is a scalable blockchain platform that enables high bandwidth transacting, purely-functional smart contracts, and decentralized oracles. The Aeons initial distribution is handled by Ethereum and will later be converted into its own blockchain. The platform’s consensus mechanism is working to become a hybrid version of Proow of Work and Proof of Stake. The introduction of this hybrid on the market increases the price of ethers and lowers its inflation
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Pros

The distribution or circulation of the profit only happens after calculation or announcement of the forecast gotten from the survey values. The outcome from these survey values becomes what we refer to as the “smart contracts”. The smart contracts are program codes and digital contracts that are prerequisite for any platform transaction or have information that bothers around the transaction. This could be a very good project. A larger bandwidth would be ideal for the problems many protocols are facing in other projects. I hope that this solution works and works better on Blockchain.

Cons

Aeon, the currency of Aeternity is available on exchange platforms like HitBTC, EtherDelta, Mercatox and Liqui. The platform has built four technologies to make AE a highly south after coin. These technologies include Oracle, Unique Governance, Consensus and State Channels. The work of the Unique Governance is to take care of the market forecasts.