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Revainrating 4 out of 5

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, greatl

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

Revainrating 4 out of 5

AE aims to take care of scalability issues, administrators, distributed data…

AE aims to take care of scalability issues, administrators, distributed data providers and off-the-shelf data storage in small channels. The initial distribution of Aeons is processed by Ethereum and will then be converted into its own blockchain. The platform's consensus mechanism is working to become a hybrid version of Proow of Work and the Proof of Stake. The introduction of this hybrids on the market raises the price of ether and reduces inflation. This is a lucrative and important factor…

Pros
  • Cuckoo Cycle mining algorithm: Aeternity provides an algorithm that helps exploit virtual coins in an efficient platform for many devices called Cuckoo Cycle, including low power devices, such as phones. Smart can also be exploited in that coin.
Cons
  • Open Source Aepps – Aeternity is focused on developing their decentralized open source applications that they call “aepps” as they hope to attract mobile and web applications developers into the platform with their mobile-first and user interfaces focused aepps. This means that with time other projects can be built on Aeternity.

Revainrating 4 out of 5

The following technological features will be available upon Mainnet launch…

The following technological features will be available upon Mainnet launch: Bitcoin-NG consensus with Cuckoo Cycle used for the Proof of Work Oracles Naming System State Channels Sophia as a smart contract language Proof of Stake will be used for delegated voting as part of æternity’s governance

Pros
  • Using the Erlang programming language: The Azternity Blockchain platform is written in a separate programming language called Erlang. Using this programming language it is easy to write applications and softwares, and it can be used to edit blockchain related errors.
Cons
  • Hybrid Proof of Work and Proof of Stake – Like many cryptocurrencies, Aeternity uses proof of work for its consensus, where miners verify the creation of new blocks but with a twist to allow for scalability purposes as it blends proof of Stake to form a hybrid where a new graph-theoretic proof of work combines with the scalable memory requirements for instant verification. This new graph-theoretic proof of work design is called “Cuckoo Cycle”. With this Cuckoo Cycle in place, Aeternity can be mined on mobile devices. The governance of the Aeternity system is controlled by proof of stake where users can vote on developmental proposals based on the amount of AE tokens they own.

Revainrating 4 out of 5

Aeternity is a decentralized applications platform. Applications on æternity…

Aeternity is a decentralized applications platform. Applications on æternity are called Aepps. The term "Dapps" is usually associated with Ethereum’s applications. Since Aeternity will support pre-compiled Solidity smart-contracts, dapps will be able to run on æternity’s blockchain platform. Nonetheless, we believe that æpps will become the preferred type of applications on æternity, since they will be based on the more reliable Sophia and Varna smart-contracts, developed specifically with…

Pros
  • Research & Academia Aeternity is continuously researching the newest technological standards and continuously expanding cooperations with international research institutions, keeping the technology safe and up to date.
Cons
  • Decentralized Oracles Machine – With this machine integrated into Aeternity’s system, data from outside sources or real-world data are brought in for use in smart contracts. This means that information from our real world like weather conditions, sport reports or events, human deaths, current prices of shares etc which are hosted on other websites or platforms outside the Aeternity system like the price of gold, the weather condition in Japan or the score of a hockey game can all be checked or accessed on Aeternity platform. Since this data would be coming from sources outside the Aeternity secure platform, the veracity and accuracy of this data from outside sources would be voted upon by users using prediction markets.

Revainrating 4 out of 5

Release 0.13.0 introduced significant improvements to smart-contracts…

Release 0.13.0 introduced significant improvements to smart-contracts functionality which allow for the execution Sophia smart-contracts. You can have a look at a Sophia smart contract implementing Dutch auction here. You can also find detailed information about the syntax and features this Sophia tutorial.

Pros
  • Aepps Aeternity will deliver essential open-source æpps with the launch of the platform. This brings use to the blockchain from day one. Read the æternity whitepaper to find out more about the applications.
Cons
  • I did not find any defects from this platform.

Revainrating 4 out of 5

You need to have at least 10GB of free disk space to run a node. It is also…

You need to have at least 10GB of free disk space to run a node. It is also recommended to have at least 8GB of RAM if you have the intention to use the node for mining. If your RAM is limited, you can reduce memory requirements. If you experience any issues, have a look at this or ask a question in the mining-dedicated category in the Forum.

Pros
  • Education On the technical side, Aeternity is beginning to provide workshops and tutorials, including those addressed to developers, to make the technology easily accessible. Aeternity supports both businesses and individuals who are interested in finding a fit for their use case.
Cons
  • Their team of engineers is very capable of developing a solid project.

Revainrating 5 out of 5

Alright guys, that’s my take on Aeternity, I hope you found this review helpful…

Alright guys, that’s my take on Aeternity, I hope you found this review helpful. If you liked it, give us that upvote and follow to help me produce more content.

Pros
  • Aeternity is a very unique blockchain platform that utilises State Channels and Decentralised Oracle technology. To find out what these terms mean
Cons
  • I remember watching a video with the creator of this ICO a while back and he reminded me of Vitalik (allot). Seems like a good platform. Today it cost just over 1$. Anyone has dig into this and think its worth a investment? I’m just reading the whitepaper and its very technical and detailed. Looking into the team i get impressed as well.

Revainrating 5 out of 5

æternity is a scalable blockchain platform that enables high bandwidth…

æternity is a scalable blockchain platform that enables high bandwidth transacting, purely-functional smart contracts, and decentralized oracles. 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

Pros
  • The distribution or circulation of the profit only happens after calculation or announcement of the forecast gotten from the survey values. The outcome from these survey values becomes what we refer to as the “smart contracts”. The smart contracts are program codes and digital contracts that are prerequisite for any platform transaction or have information that bothers around the transaction. This could be a very good project. A larger bandwidth would be ideal for the problems many protocols are facing in other projects. I hope that this solution works and works better on Blockchain.
Cons
  • Aeon, the currency of Aeternity is available on exchange platforms like HitBTC, EtherDelta, Mercatox and Liqui. The platform has built four technologies to make AE a highly south after coin. These technologies include Oracle, Unique Governance, Consensus and State Channels. The work of the Unique Governance is to take care of the market forecasts.

Revainrating 4 out of 5

Nodes that run trustless exchanges could also. They will also collect…

Nodes that run trustless exchanges could also. They will also collect transaction fees. Anyone should be able to start a “centralized server” and use the æternity software to create trustless financial tools.

Pros
  • Adoption Aeternity puts an emphasis on web technology and features a mobile-first approach, to bring blockchain technology to the next level of widespread adoption.
Cons
  • Cuckoo Cycle is innovative and power efficient.

Revainrating 4 out of 5

Nodes that provide liquidity to the state channels’ network. They will have…

Nodes that provide liquidity to the state channels’ network. They will have lots of channels with lots of people, so if a user establishes a channel with them, they will be able to participate in state channel contracts with many users. Using a channel contract through such a node will involve a fee in AE.

Pros
  • Incubator Foundation Aeternity has spun off a foundation to support open-source developers, entrepreneurs and young businesses who build their projects on Aeternity.
Cons
  • Erlang is a very secure and reliable language on the platform.

Revainrating 5 out of 5

Thank you so much for reading this. We’ll be taking a look at a series of…

Thank you so much for reading this. We’ll be taking a look at a series of utility coins for the next two weeks, so make sure you follow us for that. Have a great day guys and Il catch you guys again very soon!

Pros
  • Alright guys, that’s my take on Aeternity, I hope you found this review helpful. If you liked it, give us that upvote and follow to help me produce more content. Finally, as always, none of this is professional advice, so please always do your homework and make your own decisions.
Cons
  • Last of all, their entire ecosystem has a very healthy token use that should be attractive to potential token investors. I think Aeternity is a very good project guys, definitely one to keep your eye on.

Revainrating 4 out of 5

æternity tokens are used as payment for any resources one consumes on the…

æternity tokens are used as payment for any resources one consumes on the platform, as well as the basis for applications implemented on the platform. The distribution of æternity token [AE] in the genesis block will be determined by a smart contract hosted on Ethereum. æternity tokens will be managed by accounts which will have an address and balance, implemented alongside a alias (naming) system which will support human-friendly names mapped to an aeternity address.

Pros
  • XE is a decentralized X11-based cryptocurrency. The foundation of AXE network is hybrid PoW/PoSe system. First-tier nodes provide hash power to move data and secure the blockchain, while the second tier of full nodes adds extra privacy and increases network performance. The second tier of AXE network - masternodes. They sustain a certain minimum level of network performance and provide additional privacy (PoSe).I will check logs and DB more deeply and need to correct all statuses of miners on pool, before activate mining on ArcPool again. Sorry for this, but it’s better to stop mine on ArcPool temporary, than receive less rewards. I think you agree(edited)
Cons
  • when we found that our pool have errors with payouts, i stop the Stratum on Pool. In logs i see transactions with error on pool, but existing in blockchain. That means, it wasn’t error in blockchain sending and transactions were already done.

Revainrating 4 out of 5

Bitcoin uses Hashcash while Ethereum uses Ethash PoW. Aeternity will implement…

Bitcoin uses Hashcash while Ethereum uses Ethash PoW. Aeternity will implement Cuckoo Cycle, the first graph-theoretic Proof-of-Work (PoW), and the most memory bound, yet with instant verification. Cuckoo Cycles aim is make mining possible on normal hardware like laptops and mobile devices.

Pros
  • Mining in case of big currencies like Bitcoin and Ethereum are limited to big whales only, who can afford expensive ASIC mining hardware. Aeternity opens his gates of mining for everyone by decentralizing mining, you can mine Aeternity on your laptop and even on your Smartphone.
Cons
  • The consensus is achieved by proof of work, while governance mechanism runs on proof of stake model that is based on prediction markets. Proof-of-Work (PoW) is corner stone of cryptocurrencies, it allows a verifier to check with negligible effort that a miner has expended a large amount of computational effort.

Revainrating 4 out of 5

Aeternity solve this issue of privacy using state channels. Transactions on…

Aeternity solve this issue of privacy using state channels. Transactions on Ethereum takes time due to congestion on blockchain and it’s worse in case of Bitcoin. Aeternity is lightning fast thanks to the use of state channels.

Pros
  • State channels are based on the concept that only stakeholders involved in the smart contract should know the about details. Parties lock a state on the blockchain and perform transactions between themselves, off-chain. The final state is then logged on the blockchain.
Cons
  • As State Channels are mostly off-chain giving advantages like improved scalability, since most of the computation is done off-chain, and enhanced privacy since details of transactions are known to involved parties only. In Ethereum, if you know any Ethereum address, you can see the history of past transactions and details of contract using blockchain explorers like Etherscan.io.

Revainrating 4 out of 5

æternity’s blockchain leverages state channels which makes smart contracts…

æternity’s blockchain leverages state channels which makes smart contracts faster, more secure and more private. First, two users open up a state channel via depositing some AE tokens into it. They can agree to arbitrary smart contracts. This allows for transactions to be conducted as fast as information can be transmitted and processed by the parties, instead of them having to wait until the transaction has been validated—and potentially finalized— by the blockchain’s consensus mechanism…

Pros
  • æternity tokens are used as payment for any resources one consumes on the platform, as well as the basis for applications implemented on the platform.The distribution of æternity token [AE] in the genesis block will be determined by a smart contract hosted on Ethereum. æternity tokens will be managed by accounts which will have an address and balance, implemented alongside a alias (naming) system which will support human-friendly names mapped to an aeternity address. æternity is a new blockchain - designed for fast and secure smart contracts interfacing with real-world data via a decentralized oracle. Scalability is achieved by using (trustless) Turing-complete state channels, a major difference to Ethereum. This way the smart contracts also become easier to analyze and more secure. The interface to real-world data is done via an innovative oracle design, which is based on prediction markets. State channels increase scalability since all transactions become independent and can thus be processed in parallel. Additionally, this means that contracts never write to shared state, greatly simplifying their testing and verification.æternity will be powered by the æternity token - AE symbol.
Cons
  • æternity tokens will be managed by accounts which will have an address and balance, implemented alongside a alias (naming) system which will support human-friendly names mapped to an aeternity address.

Revainrating 3 out of 5

Bitcoin-NG and Cuckoo Cycle Proof of Work To date, the Nakamoto consensus is…

Bitcoin-NG and Cuckoo Cycle Proof of Work To date, the Nakamoto consensus is the most tested way to secure the entries in a distributed ledger. However, due to its design?—?waiting for the next block to be mined?—?scalability is limited. Aeternity uses Bitcoin-NG to improve on-chain scalability. Whenever a block is mined, a leader gets elected. That leader is allowed to issue micro-blocks until the next block is mined. This improves on-chain transaction speed compared to Bitcoin to ~6000…

Pros
  • Security State-of-the-art cryptographic data structures and unparalleled decentralization provide robust efficiency and eliminate "single point of failure" (SPOF) issues.
Cons
  • Applications requiring fast processing can be created and executed on Aeternity.

Revainrating 4 out of 5

Aeternity lets you connect real-world data to smart contracts. Any real-world…

Aeternity lets you connect real-world data to smart contracts. Any real-world data can be integrated such as voting result, commodity prices (like oil and gas), weather conditions. This opens up the field for major use cases like supply chain management, insurances, gaming and so on. In case of Ethereum or Bitcoin, everything remains confined within the walls of the blockchain and there is no connection between real-world data and blockchain. Combining these three elements Aeternity breaks the…

Pros
  • At a total supply of 273,685,830 AE and 1000$/AE that would put it at a market cap of about $273,685,830,000 -- two hundred seventy-three billion, six hundred eighty-five million, eight hundred thirty thousand dollars; about 59 billion more than today's Bitcoin's market cap.
Cons
  • It can easily go into the hundreds $$$, but indeed AE can go to $1000 provided the entire crypto market cap goes up a lot, which is likely to happen and provided AE succeeds with their projects which will happen almost guaranteed.

Revainrating 4 out of 5

You know this thing called supply, right? Aeternity (233M) has already almost 2…

You know this thing called supply, right? Aeternity (233M) has already almost 2.5 times the supply of Ethereum (97M). A price of 1000$ would put it at place 1 with the current supply and that without considering the mining with the release of the mainnet. I think this is a great project and has a lot of potential but please be realistic.

Pros
  • These kind of statements are just plain dumb. If a kid doesn't know how to do math. When MC of btc is 184 570 milions and AE is 330 milions that means if in bunny land full of fairytales AE overtakes btc's MC it would have value of 1,4$*559 = 783 $ per coin. Are you crazy? Maybe in the future when fiats value falls and this project is in top 10 worldwide. Or when there will be total MC of all coins in hugr numbers.. But lets be real..
Cons
  • You know this thing called demand right? It's what drove the crypto market cap from 0 to $850B in less than a decade. It hasn't reached any kind of fundamental limit so why are you applying today's demand levels to predictions of future demand levels?

Revainrating 4 out of 5

The project is ambitious and powerful even to challenge the big ethereum…

The project is ambitious and powerful even to challenge the big ethereum dominance. Let's hope that they can bring something new !!!

Pros
  • Aternity has been using the prediction market for various purposes such as verification and voting purposes inside their own platform.
Cons
  • Some people say that they experienced a broken wallet page and although the issue is fixed now, the team should take steps not to expose these minor bugs to the outside world.

Revainrating 4 out of 5

In the midst of all the barriers, the team will make the project a success…

In the midst of all the barriers, the team will make the project a success very soon.

Pros
  • The internal embedded AE token can be considered as a good option because it can easily be used to pay for fees and to pay for the participating nodes.
Cons
  • Unlike other big players like Eth and ripple, they does not have a good and strong community team to help their progress.