The successful mass sale of Aeternity tokens was completed in 2017 following the ICO. It raised $ 24 million. The test network was fully launched by the end of the year.

The crowdsale was divided into two stages: the first for developers, and the second for a wider audience. 82% of the collected funds went to the development of the project.

The ERC-20 token was chosen as a template, which facilitates the funding round. The cryptocurrency network was fully launched by mid-2018. AE became the main token in the system. The digital asset sparked interest among miners and investors as soon as it appeared in the crypto world.

Among the main persons of the team stand out:

Nikolay Stoyanov - a specialist with extensive experience in similar areas;
Marion Vogel - director of development for the SEO apparatus;
Yanislav Malakhov - founder;
Emmin Mahrt - promotes IT innovations;
Sergey Evdokimov is the leading person in the data center.
The development team took a bold step when creating the Aeternity cryptocurrency. Its name means "eternity", and the coin has been successfully operating on the market for more than one year. Before creating the platform, the developers analyzed all the key disadvantages of the blockchain and achieved their elimination.

Developers are constantly exchanging experiences and holding conferences, participating in communities. Proposals for updating the system are made by IT specialists, members of scientific communities, cryptographers. All token holders have the right to vote in the Aeternity network.

Aeternitys own blockchain was implemented in stages, starting from November 25, 2018 and ending on September 02, 2019. The great prospects of cryptocurrency are evidenced by listings on large cryptocurrency exchanges.

About the Aeternity project

Scalability and security are the main challenges faced by cryptocurrencies in the digital industry. To eliminate these flaws, the Aeternity crypto-coin, which operates on open source code, tried to solve it. Initially, the network worked on the basis of ERC-20 tokens, but later switched to its own blockchain.

The official website of Aeternity operates in several languages:

Russian;
Chinese;
English;
Japanese;
Spanish.
Having our own ecosystem allowed us to overcome the differences between users and blockchain technologies. The Aeternity cryptocurrency network is open to integration and free. Interaction in the system between participants takes place through the use of coins. Smart contracts are used without linking to a database, and disputable issues are resolved through consensus mechanisms.

Aeternity is not just a cryptocurrency. It is a platform for instant payments and a high-tech blockchain. The system was able to increase its efficiency through the use of smart contracts and the implementation of new tools - state channels. Another distinctive feature is the decentralized identification system, which stores all information about the accounts.

Smart contracts on the Aeternity network are executed outside the blockchain - this way increases the bandwidth. Only the results of agreements reached are recorded in blockchains. Finding consensus between network participants allows the "virtual machine with an oracle". An unlimited number of transactions can be carried out within the network. Cryptocurrency developers are still working to improve the level of security and even accept comments from ordinary users.

The following add-ons were organized within the Aeternity network:

scientific community - to improve the platform, they attract specialists who will help improve it;
incubator fund - provides support for stakeholders and entrepreneurs who will be able to promote their ideas with the help of a cryptocurrency;
conferences - admirers of a digital asset can gather communities and hold promotions;
own software databases - each user can help improve the cryptoasset;
extended connections - it is planned to legalize activities using blockchain groups.

At the heart of the Aeternity cryptocurrency is a hybrid PoS and PoW consensus, which allowed maintaining the general principles of decentralization. The security system that provides privacy to users is also the most thoughtful. The network is focused mainly on commercial projects in need of monetization.

The Aeternity platform is an alternative to the Ethereum cryptocurrency. It is capable of providing enhanced security scenarios and high transaction throughput. A set of Oracle and smart contracts solves the problem. Within the framework of the platform, a single economic system has been organized, which allows conducting atomic transactions.

At the highest level, the basic Aepps applications interact with the blockchain. The developers are trying to do everything for the platform to reach a new level. The flexible system Aeternity does not delay payments, regardless of their number and size.

Smart contracts are executed outside the blockchain system. Data is written to the block only after the transaction has been agreed by all parties - this has a positive effect on the network speed. Thanks to the unique blockchain technology, the Aeternity cryptocurrency scales easily. All financial transactions on the network are carried out using AE tokens.

Aeternity Features

Safe and efficient blockchain computing forms the basis for the virtual system Aeternity. We have chosen the mechanism of smart contracts to pay and conduct transactions.

To realize its goal, the Aeternity cryptocurrency attracts several resources:

government channels - allow you to avoid disagreements between the parties when using smart contracts;
PoS and PoW resources pooling - blocks are created and transactions are verified at the same time;
using Oracle - real data is connected with smart contracts, and the blockchain serves as a bridge to connect them;
unique stakeholder management - the proposed changes to the project can be influenced by users.
The ability to use specialized smart contracts allowed the Aeternity crypto project to successfully enter the global market. The popularity of the coin began to grow since its appearance among users of different countries.

The functionality of the Aeternity cryptocurrency is significantly different from other altcoins. To increase scalability, the developers have done a great job and were able to achieve success. In blockchain technology, this development was a breakthrough. The project allowed us to leave the existing framework of money transfers and take the path of decentralized applications.

The increase in throughput was carried out on the basis of the introduction of state channels. The network has become several orders of magnitude faster, and blockchain tools are used only to perform final calculations. Smart contracts have become an important component for creating useful applications, which make the Aeternity platform attractive to the digital economy.

New opportunities for the monetization of the Aeternity cryptocurrency have opened up due to the introduction of the technology of state channels and smart contracts that work on the Turing principle. The transaction fees have been significantly reduced.

Based on the Aeternity system, you can make interesting applications for:

polygraphs;
payment systems with micropayments;
crowdfunding platforms;
video games;
platforms that determine the outcome of events.
Aeternity offers completely new ideas for using blockchain technology. It easily adapts to changing factors and opens up new ways to monetize. For information storage, this system offers new solutions - the developers have removed hard-to-read addresses and replaced them with ordinary blocks.

How is Aeternity created?

The Aeternity cryptocurrency is created through mining, like many other altcoins. For effective development, you need to choose a powerful video card or processor.

After purchasing Aeternity coins, you need to worry about their safe storage. For these purposes, special wallets are provided (universal versions of ERC-20 My Ether Wallet are also suitable).

Is Aeternity Infinite?

Aeternity cryptocurrency does not have a limit on the size of the issue, therefore it can be considered infinite. But because of this property, there is a possibility of inflation, and the indicator negatively affects the value of tokens.

In the digital economy, the Aeternity project has made serious developments thanks to the innovative approach of the developers. The platform is best suited for financial transactions and has gained popularity throughout the crypto community.

Strengths of Aeternity

Created cryptocurrency Aeternity based on the Erlang programming language, which provides stability in offline mode. His algorithm has proven to be adaptable without compromising the efficiency of the entire system.

Open and completely free login to the Aeternity system is provided by the blockchain. The network is able to withstand different loads, and data exchange takes place through decentralized applications. The model is completely safe, therefore it prevents any fraudulent transactions.

The general benefits of the Aeternity cryptocurrency are:

state channels - designed to store all the resources and data of the system, which are usually stored in the blockchain itself;
fast execution of payment transactions;
significantly improved network scalability - the blockchain is offloaded, and applications are responsible for analyzing the information;
optimal consensual mechanism - adapts to constantly changing factors;
low commission fees for all payment transactions;
decentralized oracles - necessary for the effective connection of smart contracts;
security of transactions is carried out without the use of trusted technologies;
the system is capable of handling huge amounts of data.
The Aeternity network uses an understandable DNS principle with complete decentralization. The blockchain uses a cartographic name system that has a unique, fixed size. There is no need to create accounts of a complex structure on the network - the identifier is generated by the user himself.

You can send and receive funds using the Aeternity cryptocurrency anywhere in the world. Its network guarantees complete security and offers advanced encryption. Confidentiality when making payments is maintained by SpySend technology, so no one can monitor the users money turnover.

Aeternity in TOP currencies

Digital money predictions are constantly changing. Aeternity cryptocurrency holds a stable position in the market and is in the top 100 in terms of capitalization. Received the status of an innovative cryptocurrency.

Over time, the digital economy has to meet new challenges, and the existing blockchain technology is not fully capable of doing this. The creation of a more efficient cryptocurrency Aeternity, which echoes the BTC network, has solved some problems.

To form your own cryptocurrency portfolio, you should pay attention to Aeternity. The coin belongs to quite promising assets. To buy it profitably, you need to constantly monitor the cost and capitalization indicators.

If the user is interested in the accuracy and security of data, then the Aeternity network is best suited for this. In terms of its demand, it occupies one of the leading places in the ranking of digital assets. Token holders can support new ideas from developers by studying them in the crypto community.

The Aeternity crypto project developed rapidly and quickly became a tool for mass use. Investors and other users are interested in cryptocurrency. Unlike other coins, this asset is on the front line of movement.