Review on Aeternity by Francisco Varela
Aeternity Proyect
It's an Erlang-based scalable smart contract platform designed by programming pioneers to tackle some of the most fundamental challenges native to previous blockchains. By redesigning blockchain technology at the protocol level, the æternity developer community has enabled the core protocol to understand and integrate a comprehensive set of ready-to-use functionalities.
Pros
- FATE virtual machine, uses a higher level of abstraction and automatically minimizes errors with type checking, offering a simpler, easier and more secure programming environment.
- It was redesigned so that it can accommodate state channels at the protocol level, which facilitates the creation of applications for business use cases on a global scale.
- Miners aren't the only ones getting a vote on decisions - eternity token holders can use their AE token to indicate their vote through the government's Aepp.
- It has smart contracts, developed in a programming language called Sophia.
Cons
- Much competition in the market with greater popularity than Eternity.
