Review on Aeternity by Paul Sletten
https://www.aeternity.com/ I like the strategy here, but the product less so…
https://www.aeternity.com/
I like the strategy here, but the product less so. Once it actually is finished and is ready for the public, you tell me what you think. Paying to access a API channel might be a deterrent to DDoS attacks, but it might also be a deterrent from cheap jerks like me from using it. If it isn't free, it ain't for me.
Heternity, Sheternity, Aeternity, don't matter, Cavs in 7. Until the morrow, beloveds. #ComeToVarna.
Pros
- ETH shaped object. Normally, I would put a project that is not yet launched or ready for the public into the Cons side, but with so many projects rushing prematurely to market, I appreciate the concept of having something done CORRECTLY, and THEN giving it to the people. PoW mining on a cell phone. One could play games like monopoly on a state channel. Super not sure why one would do so, considering you can't flip the board and walk off if there is no board to flip.
Cons
- Using Oracles - http://www.the-blockchain.com/2017/05/05/oracle-machine-aeternitys-solution-industrys-vital-challenges/ - ( third parties not named) to provide tamper proof data is a good idea, but relying on the users ( us) to provide votes or confirmation implies there will be a large and honest population of informers. When it comes to tie-breaking off chain smart contracts with real world triggers, this could be a good idea that fails due to the inclusion of humans (us). Also not fun, a bounty on accounts with no aeternity in it. Being wallet poor in this arena will result in either multiple wallet creation by the same customers over and over or it will drive people away. What's the fun in crypto unless you can have 90 wallets with each having less than a dollar of worth in them? "There is a fee for having an open account. If the account runs out of money, anyone will be able to delete it and get a small reward.
