Aeternity is a new platform for decentralized applications (Dapps) that propelled in testnet in 2017. It also held a fruitful token offering in 2017 for its Aeon (AE) token.
The project centres around expanding the versatility of brilliant contracts and Dapps. It achieves scaling by moving smart contracts off-chain. Rather than running on the blockchain, brilliant contracts on Aeternity keep running in private state channels between the parties associated with the contracts.
Aeternity incorporates a few different highlights that set it apart from other smart contract and Dapps platforms. Notably, it includes a decentralized oracle machine that acquires information from outside sources for use in brilliant contracts. It also utilizes prediction markets for different voting and verification purposes within the platform.
Established by a long-time crypto-aficionado and early associate of Vitalik Buterin, Yanislav Malahov, Aeternity has immediately ascended to the best 40 projects in the world by market cap.
2. Token Summary
Total Supply: 273,685,830 AE
Release Date: 2017-06-09
3. Useful Links