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Review on Aeternity by Sophie Taylor
Aside from sharding, moving smart contract execution off-chain is perhaps the…
Aside from sharding, moving smart contract execution off-chain is perhaps the biggest front in scalability for blockchain dapps. Aeternity is on the cutting edge of that movement. These are uncharted waters, however, so expect challenges as smart contract platforms like Aeternity grow. Expect Ethereum to be watching Aeternity’s progress closely, as any solution Aeternity implements, Ethereum will want to implement as well.
Pros
- The Aeon token sale launched in 2017. It is initially traded as an ERC-20 token on Ethereum while Aeternity is still in testnet. When Aeternity launches the mainnet, the ERC-20 tokens will exchange for native tokens on Aeternity. All system fees get paid with Aeon, and all smart contracts settle in Aeon. In this regard, the token functions similar to ETH. The AE token trades on Bittrex and Hitbtc. While Aeon is an ERC-20 token, you can store it in any wallet with ERC-20 support. However, this may change once the native tokens are available.
Cons
- Aepps on Aeternity will prioritize mobile-first design and user experience. Aeternity hopes to attract mobile and web app developers with easy to use javascript tools and compatibility with the React framework. Aeternity is also building an incubator foundation. The foundation will provide support for building projects on Aeternity.
