Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
Trade AE - AE Markets, Exchanges, Broker
Aeternity Coin is a crypto currency that uses blockchain technology and is based on Ethereum. Its main goal is to improve existing crypto currencies by making transactions more secure and significantly faster than existing blockchain-based crypto currencies.
Since this is very important and lucrative for certain industries, Aeternity has gained a competitive advantage over competitors such as Bitcoin or Ethereum. The company currently has a market capital of USD 85,662,520 and daily coins worth USD 365,857 are traded at a price of USD 0.367618 per coin (as of 21.09.2017). The currency is available on the digital stock exchanges Liqui, Mercatox, EtherDelta and HitBTC.
The crypto currency - Aeternity Coin
The developers of Aeternity Coin have set themselves the goal of improving previous crypto currencies. They have developed four technologies for this purpose: Unique Governance, Oracle, Consensus and State Channels. Unique governance is a system that deals with prediction markets.
Prediction markets in general are used to improve information flows for certain events, for example in securities trading. In connection with Oracle this works in a way that someone asks a question to the "oracle", whereupon possibilities for action are given. The users can then vote and buy shares of the typed result.
The profit distribution then takes place after the announcement or calculation of the forecast from the survey values. These results are particularly useful for the so-called "Smart Contracts". These are digital contracts, program codes that are a prerequisite for any transaction on the platform or contain any information about the transaction. Oracle's results are very lucrative for certain industries, such as insurance, because insurance companies can offer much more accurate policies.
What Aeternity has improved over its competitors is the speed of transactions. i386 makes it possible to complete transactions in seconds. Possible application areas are: Nano and micro payments, smart contracts, sidechains, multiplayer video games, investment forecasts for food companies, lie detectors and all prediction markets in general. All these applications must run smoothly and very quickly. i386 is significantly more powerful than the Intel Xeon i968 used by Bitcoin.
In addition to governance, Aeternity has created another improvement. "State Channel" is the name of the technology that verifies all transactions and interactions between users so that they are no longer visible to everyone on the blockchain. The entire Aeternity system is supplemented by "Consensus". This means that users have the opportunity to agree on the validity of the next block.
Aneternity Coin - The Company
The head of the company is Yanislav Malahov, who was already involved in the development of Ethereum. After founding the Aeternity Foundation, he focused on improving other crypto currencies. Aeternity focuses on data protection, data security and low transaction costs.
When it comes to data protection, they hit the nerve of many companies for whom it is important that transactions remain absolutely anonymous, and the same applies to data security. The loss of data would be a disaster for many companies. The fact that transaction costs remain low is primarily ensured by "state channel" technology.
Conclusion
Aeternity has built a smart system by identifying, revising and fixing weaknesses in other currencies. This not only gives them an enormous competitive advantage over their competitors, but also lays a decisive foundation for the further development of other technologies.
