1 Level
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Review on Aeternity by Debbie Ferguson
A newer blockchain model we’ve seen a lot of recently is the use of side chains…
A newer blockchain model we’ve seen a lot of recently is the use of side chains. Here the Dapp is built not on the blockchain, but on top of the Blockchain, and each side chain has it’s own technology and economy and the transactions are done on the side chain so it doesn’t burden the Blockchain. Only the results of the transactions are recorded on the Blockchain, so it’s not burdensome at all, and this is a great solution for scalability.
Examples of current projects that use side chains include EOS and Loom.
Pros
- There are many Blockchain platforms out there. Ethereum, NEO, Cardano, EOS, Tron, etc… each of them has unique technological features that make them different from the others. Aeternity has 3 main unique features that make it special. If you understand these 3 features, you understand Aeternity.
Cons
- In a classical Blockchain, the Dapp (decentralised application) is built on the Blockchain, and any transactions that happen on the Dapp is done on the Blockchain using it’s computational power. This is very burdensome and slows down the whole Blockchain over time. Examples of classic Blockchains that use this are Bitcoin and Ethereum, and both of these Blockchain are running into problems with scaling. Problems with scaling means that as more Dapps are built on the Blockchain, the Blockchain is unable to keep up with the demand and the performance begins to slow down.
