æternity is a scalable blockchain platform that enables high-speed transacting, purely-functional smart contracts and decentralized oracles
What is Aeternity (AE)?
Aeternity is a unique blockchain design that combines many of the features of Bitcoin, Ethereum and Ripple. It made from scratch using the Erlang programming language; the platform gives an advanced array of smart-contract-based features such as prediction markets, digital insurance, crowdfunding capacities, and cross-atomic swaps. In Aeternity platform, we can exchange system-native æon tokens for BTC, ETH or any number of other cryptocurrencies without the need of a third-party intermediary.
Aeternity (AE): History
The concept of Aeternity was first developed by Zackary Hess, blockchain developer for Aeternity. He has an experience of working on Ethereum based projects, most notably that of Augur. Both Augur and Aeternity have enjoyed much success from their launch. The success continued even after Hess’s departure from the project in June 2017.
Aeternity is based in Liechtenstein. Funds for developing the Aeternity platform were raised through an Ethereum-based ICO in April 2017. The first round of token sales brought in roughly $5.4 million and the second close to $20 million. Then it gained a lot of users and then cited as a top 50 coin regarding market capitalization.
How Does Aeternity (AE) Work?
The Aeternity blockchain uses a hybrid Proof of Work (PoW) / Proof of Stake (PoS) model and is programmed in the language Erlang. The new Aeternity token called æons are mined in a traditional PoW fashion, and system governance is controlled by a PoS model. It is fully decentralized through a series of interconnected, individually important nodes. It ensures fast data transmission by separating distinct types of data into “state channels,” which enables them to transmit interdependent of other types of data. Aeternity uses smart contracts through its custom virtual machine environment. It employs the use of Oracles that interface with systems outside the platform to give real-world data.
How to Buy Aeternity (AE)?
First, you are required to create an Aeternity wallet to store your coins. You can choose MyEtherWallet for storing your Aeternity coins. It can store any coin on the Ethereum, including Aeternity. Then buy Ethereum by using Coinbase so that you can exchange it for Aeternity.
Aeternity (AE) Price Prediction 2018
AE can be a profitable investment option. Aeternity price equal to 2.262 USD at 2018-02-23. If you buy Aeternity for 100 dollars today, you will get a total of 44.209 AE. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-18 is 13.009 US Dollars. With a 5-year investment, the revenue is expected to be around +475.11%. Your current $100 investment may be up to $575.11 in 2022. Aeternity (AE) price today is $2.25 and have the current supply of 233,020,472 AE. The market cap value is $524,666,565, and the volume is marked as $5,392,050. Aeternity price prediction, Aeternity price forecast, Aeternity price and news, AE price forecast, AE price prediction 2018, What is the price of Aeternity 2018.