ÆternityAE
$0.0193
0.00000022 BTC
Marketcap
$7,432,377
Volume (24h)
$696,163
Circulating Supply
385,106,898 AE
Total Supply
536,306,702 AE
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What is Æternity?
Aeternity is a platform for developing smart contracts founded by Yanislav Malahov, one of the earliest members of the Ethereum team. It differentiates from other platforms which do the same by running smart contracts on "state channels" instead of a blockchain. Smart contracts are normally signed and then executed and verified peer-to-peer. In case of conflict, Aeternity's blockchain can check them for correctness. This relieves the blockchain from congestion and, besides providing privacy for the contractors and reducing costs, it also solves most part of the scalability problem currently afflicting most major smart contract platforms.
It also introduces oracles, which links smart contracts to real-world decision-makers. In many cases, smart contracts depend upon reporting facts which cannot be obtained purely by code, so human (or IoT) oracles are designated to stake their coins in such contracts' results, e.g.., weather conditions or election results.
The platform makes use of both PoS and PoW, although PoS is used exclusively for their delegated PoS-system. Authentication consensus is reached using an ASIC-resistant PoW system called Cuckoo Cycle in which even mobile devices are able to mine efficiently. Thus, Aeternity is a PoW blockchain with a dPoS system for governance.
Latest Æternity News
- Ethereum Surges Past $2K as Whales Invest Nearly $1B in a WeekBlockInsider - 13 hours agoKey Points Ethereum whales have purchased nearly $1B of Ethereum, causing a 9% weekly gain. Ethereum’s price could potentially reach the $2,196-$3,900 range if it…
- Surge to $87,000: Bitcoin Rides the Wave of $744M Weekly ETF InflowsBlockInsider - 13 hours agoKey Points Bitcoin’s value reaches $87,000 following a $744M weekly influx into BTC ETFs in the US. Ethereum ETFs in the US continue to experience…
- Massive Ethereum Outflow as ETH Plummets Below $2K Mark AgainBlockInsider - 3 days agoKey Points Ethereum’s available supply on exchanges has dropped to its lowest since November 2015. 360,000 ETH tokens were withdrawn from crypto exchanges in the…
- Is the Bitcoin Bull Run Over? Experts DisagreeBlockInsider - 3 days agoKey Points Bitcoin’s current trading price has led to speculation of a bear market, but some analysts suggest on-chain metrics indicate otherwise. Analysts believe Bitcoin…
- Eric Trump Boards Metaplanets Advisory Team to Propel Bitcoin StrategyBlockInsider - 3 days agoKey Points Eric Trump has joined Metaplanet’s strategic board of advisors to help further Bitcoin adoption. Metaplanet continues to purchase Bitcoin and plans to become…
- BUIDL Fund’s $1.145B Ethereum Investment: A Bet on Its Bright FutureCoinEagle - 11 hours agoKey Points Ethereum’s price dropped by nearly 50% in three months, coinciding with significant outflows from ETH ETFs. Despite the price drop, BlackRock’s BUIDL fund…
- Surge in Bitcoin Whale Activity: Is a Sell-Off Looming?CoinEagle - 16 hours agoKey Points The Exchange Whale Ratio (EWR) for Bitcoin has surged past 0.6, indicating increased large-holder activity on exchanges. Despite the recent 20% correction, the…
- Peter Schiff Reveals China’s $100k Bitcoin Sell-off in January – Discover the ReasonsCoinEagle - 19 hours agoKey Points Speculation about U.S. Bitcoin adoption is rising, but Bloomberg estimates only a 30% likelihood by 2025. Reports suggest China may have secretly sold…
- The Battle for $86.8k: Can Bitcoin Break Through or Will Bears Take Control?CoinEagle - 21 hours agoKey Points Bitcoin’s 1-day structure is bearish but there’s a possibility of a price bounce toward $88k. Despite trading above $82k support level, Bitcoin’s outlook…
- Bitcoin Gains as Ethereum ETFs Lose $760M: What’s Causing the Investor Alarm?CoinEagle - 1 day agoKey Points Ethereum ETFs have recorded more than $760 million in outflows over the past month. Bitcoin ETFs have seen a surge of $785 million…
