Æternity’s primary mission is to provide a blockchain protocol and an innovative contract platform that goes beyond what traditional blockchains do. It is designed to be fault-tolerant and perfect for cases with billions of transactions in DEFI and more.
Look at some of the advantages of this project:
- Smart contracts with Sophia make it easier to write correct programs by minimizing side effects and using formal verification methods.
- æternity's core protocol was re-engineered to accommodate state channels on the protocol and intelligent contract language level. Making it easier to build applications for global-scale use cases requiring vast numbers of instant and private transactions without compromising the security of a public blockchain.
- It makes blockchain technology more accessible, less prone to errors, and more human-friendly.
- It uses a higher level of abstraction and automatically minimizes error with type checking, delivering a simpler, easier, safer programming environment.
- Oracles can be programmed to request and provide data from information providers and APIs, empowering your blockchain apps with real-world data. Moreover, Having Oracles on-chain improves security, reduces cost, and eliminates the need for third-party solutions.
💰 $AE – Utility and governance token of the Ecosystem. The $AE token powers everything built on æternity. Every transaction requires a minimal amount of Æ coins as a fee.
It is powerful, scalable, and secure at virtually every level. And it's going to get even better with Hyperchains and other powerful features coming soon. Check their TG channel aeternity