Home Coins Aeternity (AE)

Aeternity (AE)

Aeternity is an open-source decentralized computing and digital asset platform which aims to improve upon cryptocurrency governance, scalability, scripting safety and cheap access to real-world data on the blockchain.

Aeternity plans to solve the issue of network scalability by keeping transactions off the blockchain and on what they refer to as “state-channels,” until there is a discrepancy or the data needs to be enforced.

The real-world data is processed through Ethereum smart contracts and what Aeternity refers to as “smart oracles.” These oracles are meant to reduce some of the high costs and inefficiencies which Aeternity believes are complicating or even preventing the realization of many applications.

Aeternity argues that other projects which are attempting to bring real-world data into the blockchain will fail because they are building the consensus mechanism inside of the smart contract itself, which in turn jeopardizes security and sacrifices efficiency.

Aeternity looks to solve this problem by creating an improved consensus mechanism designed to process information pulled from outside the blockchain, in addition to what is inside.

[mcrypto id="55673"]

No posts to display

483FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,637FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.09
GBP
1.22
CHF
1.03
NOK
0.10
JPY
0.01
CAD
0.72
AUD
0.65
bitcoin
Bitcoin (BTC) $ 8,872.96
ethereum
Ethereum (ETH) $ 204.12
ripple
XRP (XRP) $ 0.195834
tether
Tether (USDT) $ 0.999097
bitcoin-cash
Bitcoin Cash (BCH) $ 229.55
bitcoin-cash-sv
Bitcoin SV (BSV) $ 185.04
litecoin
Litecoin (LTC) $ 42.88
eos
EOS (EOS) $ 2.53
binancecoin
Binance Coin (BNB) $ 16.33
okb
OKB (OKB) $ 5.02
tezos
Tezos (XTZ) $ 2.75
leo-token
LEO Token (LEO) $ 1.14
cardano
Cardano (ADA) $ 0.053361
monero
Monero (XMR) $ 61.92
stellar
Stellar (XLM) $ 0.065984
chainlink
ChainLink (LINK) $ 3.87
huobi-token
Huobi Token (HT) $ 3.89
tron
TRON (TRX) $ 0.014662
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 73.61
neo
NEO (NEO) $ 9.94
iota
IOTA (MIOTA) $ 0.197476
nem
NEM (XEM) $ 0.041688
zcash
Zcash (ZEC) $ 45.92
maker
Maker (MKR) $ 347.53
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 6.78
vechain
VeChain (VET) $ 0.004735
true-usd
TrueUSD (TUSD) $ 0.999506
ftx-token
FTX Token (FTT) $ 2.79
kucoin-shares
KuCoin Shares (KCS) $ 0.989694
waves
Waves (WAVES) $ 1.06
ArabicChinese (Simplified)DutchEnglishFrenchGermanItalianPortugueseRussianSpanishSwedish