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Review on Aeternity by James Talbot
The Aeternity token (AE) was launched in 2017 and was initially traded as an…
The Aeternity token (AE) was launched in 2017 and was initially traded as an ERC20 standard token. This is because it was still in testnet phase. When the token launches it will be switched to the Aeternity native tokens.
Pros
- There are some really powerful names behind Aeternity. In the pilot seat, we have Yanislav Malahov. He was one of the first people to have envisioned blockchain algorithms back in 2013. He has also being called the “Godfather of Ethereum” as it was these ideas that gave impetus to the project.
Cons
- The Aeternity project is no doubt quite an ambitious one. The project aims to solve some of the most important issues that are plaguing blockchain technology currently. Having state channel smart contracts and decentralised oracles means that numerous enterprises can enter contracts without worry of bottlenecks and privacy.
