1 Level
11 Review
7 Karma
Review on Aeternity by Thi Le
It’s decisions are foreseeable, thereby ruling out malicious activity between…
It’s decisions are foreseeable, thereby ruling out malicious activity between parties who try to erode the state channels to
which they’ve written and previously agreed to.
The transfer of æon is the only effect channels can have on the blockchain, only those æon that have been deposited into the
state channel can be transferred. This makes all channels independent from each other, which has the immediate benefit that
any transactions related to channels can be processed in parallel, greatly improving transaction throughput.
Pros
- • Hybrid Proof-of-Work Proof-of-Stake blockchain • Consensus achieved by PoW mining • Algo: 'Cuckoo Cycle' by Tromp: GITHUB WHITEPAPER BLOG • Minable with even with smart phones achieving highest possible decentralization • Governance via PoS prediction markets • Prediction markets are proven to very good tools to destill information out of a crowd of people. Better then simple voting!
Cons
- TRANSACTION SPEED ESTIMATES • Trustless off-chain transaction speed: infinite and only limited by the speed of light as these transactions are inside state channels
