Review on Aeternity by Nam Bui Hoang

Name: Aeternity
Item: Aeternity
Rating: 4

September 18, 2018

Aeternity (AE) is a cryptocurreny that is based on Ethereum and makes use of…

Aeternity (AE) is a cryptocurreny that is based on Ethereum and makes use of the blockchain technology.  The aim of this coin (Aeon) is to make transaction faster and safer than the exciting cryptocurrencies. 
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Pros

AE aims to take care of the problem of scalability, governance, decentralized providers of data and store data off-chain in state channels. 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. This is a lucrative and important factor for many industries, and has helped AE gain competitive advantage over Ethereum or Bitcoin.

Cons

Currently, people fail to see innovation and true value because bad communication and marketing. Much competition surrounds this same space that AE is fighting for.