Description
Aeternity is a public, open-source blockchain platform designed to enhance scalability, efficiency, and cost-effectiveness in blockchain systems. It features state channels for off-chain transactions, reducing congestion and costs, and employs a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus for security and energy efficiency. With an integrated oracle machine, Aeternity allows real-world data in smart contracts, making it ideal for high-throughput applications like DeFi, voting, and supply chain management. The AE token powers smart contracts, transactions, and governance voting. Developed in Erlang, with smart contracts in the functional language Sophia, Aeternity uses Bitcoin-NG and the Cuckoo Cycle algorithms for security. Its robust development team includes notable creators of Erlang, Haskell, and Agda. Additional features include a naming system, various SDKs, and a development suite. The AE token, used for economic and governance purposes, has a circulating supply of 380,650,210.5 and is actively traded on 33 markets.
Aeternity is a public, open-source blockchain platform designed to enhance scalability, efficiency, and cost-effectiveness in blockchain systems. It features state channels for off-chain transactions, reducing congestion and costs, and employs a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus for security and energy efficiency. With an integrated oracle machine, Aeternity allows real-world data in smart contracts, making it ideal for high-throughput applications like DeFi, voting, and supply chain management. The AE token powers smart contracts, transactions, and governance voting. Developed in Erlang, with smart contracts in the functional language Sophia, Aeternity uses Bitcoin-NG and the Cuckoo Cycle algorithms for security. Its robust development team includes notable creators of Erlang, Haskell, and Agda. Additional features include a naming system, various SDKs, and a development suite. The AE token, used for economic and governance purposes, has a circulating supply of 380,650,210.5 and is actively traded on 33 markets.
