aeternity

(en)lightning smart contracts on a global scale

Hello IoT, IoV, FinTech, Video Gaming, The Unbanked, Trustless Exchanges, and instant Micropayments!

We believe in relentless evolution of systems and societies. æternity will push the boundaries of innovation and make blockchain technology ready for mass adoption.

Why is æternity so innovative?

• State Channels
  Smart contracts exist only inside off chain state channels. Just in case of disagreement the smart contract code gets enforced by the æternity blockchain.
• Decentralized Oracles
  An oracle machine connects public real world data with smart contracts. Oracles are categorically more powerful than Turing-complete computational models.
• Consensus
  Consensus is achieved via a novel hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithm.
• Unique Governance
  æternity implements a form of futarchy, where miners vote and value-holders bet to make decisions together.
• Privacy
  For many business applications it's crucial to have their transactions not recorded in public. Smart contracts touch the blockchain only in case of disagreement, acting like a self-arbitrating crypto court.
• Security
  State-of-the-art cryptographic datastructures and unparalleled decentralization provide efficiency and eliminate every single-point-of-failure.
• Low cost
  Via leveraging state channels the default way to run smart contracts, æternity becomes the most efficient Turing-complete blockchain and thus enables new forms of monetization via it's low cost transactions.

Associated agencies

BitCoinSuisse

Bitcoin Suisse AG is a Swiss-based financial service provider specializing in crypto-assets.

BountyPortals

ICO promotion through automated bounty management.

ForkLog Consulting

Advisory and marketing services to businesses and individuals in digital currency and distributed te

Papers

Swiss Blockchain Engineering, Software Development & Consulting.

Vanbex

Where Blockchain and Business Begin