ÆTERNITY
ÆTERNITY
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Type: Cryptocurrencies
Ticker: AE
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More information about ÆTERNITY

About

æternity is a new blockchain technology, designed to deliver unmatched efficiency, transparent governance and global scalability.

Why is æternity so innovative?
æternity powers Turing-complete smart contracts that allow the execution of credible transactions without third parties and intermediaries.
Consensus is achieved via a novel hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithm.
State channels make it possible to execute smart contracts off-chain. The blockchain enforces the smart contract code, only in the case of a disagreement between the contracting parties.
An oracle connects real-world data with smart contracts. æternity's oracles are truly first-class objects on the blockchain.
æternity is governed by its stakeholders, meaning that miners, token-holders and other participants with a stake in the blockchain have the ability to make decisions together on proposed changes.
Naming System enables user-friendly identities for blockchain entities, such as user accounts, oracles, contracts, etc.
The æternity ecosystem
- Incubator Foundation : æternity has spun off a foundation to support open-source developers, entrepreneurs and young businesses who build their projects on æternity.
- Adoption : æternity puts an emphasis on web technology and features a mobile-first approach, to bring blockchain technology to the next level of widespread adoption.
- Education : On the technical side, æternity is beginning to provide workshops and tutorials, including those addressed to developers, to make the technology easily accessible. æternity supports both businesses and individuals who are interested in finding a fit for their use case.
- Establishment : æternity blockchain is bootstraped by æternity establishment and incorporated in the Principality of Liechtenstein. Ongoing communication with related regulatory institutions is key in keeping blockchain technology and the æternity project in legally safe waters.
- æpps : æternity 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.
- Meetups and Conferences : We are continuously organizing meetups and conferences for the community in numerous countries around the world.
- Research & Academia : æternity is continuously researching the newest technological standards and continuously expanding cooperations with international research institutions, keeping the technology safe and up to date.
- Partnerships : æternity is bootstrapping partnerships in different sectors to bring blockchain technology into real world use.

https://www.aeternity.com
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