Review on Aion by Gabriel Medina
Third generation blockchain AION
The cryptocurrency that we are going to talk about attracts a lot of attention and is positioned among the most important in the world. AION is a cryptocurrency with the project of being a third-generation blockchain, a system with several levels to provide solutions to unsolved problems such as privacy, interoperability and scalability with existing blockchains. AION was born at the end of 2017, forming a system with the purpose of providing a solution to problems that damage privacy and connecting private networks in a safer and faster way through its network to provide a contribution as a blockchain bridge and provide scalability, speed and communications security. AION on your network will allow us to develop custom blockchains that will be connected to your network and the Ethereum network together. The AION network will allow us to:
The AION network is formed around the AION-1 blockchain which is capable of supporting its own blockchain projects as well as external ones. It is the axis of the incentive system for the projects that are promoted.
The AION token is used for the creation of new applications and the protection of the entire network.
In conclusion, it is a serious project with a promising future where companies and public entities could take advantage of the platform to share data, create scalable ecosystems for transaction processing and customize their own networks.
Pros
- First third-generation network that solves existing blockchain problems.
- Provides fast transaction processing and increased data capacity.
- Business-grade security.
Cons
- AION cannot be mined by computers or miners.
