About

æternity is a blockchain platform that provides scalable, secure, and decentralized applications (æpps). The platform offers innovative functionalities and high performance compared to traditional blockchains, enabling users and the community to participate in a new era of digital interactions. Key features include hyperchains for enhanced scalability, smart contracts programmed with the Sophia language, advanced state channels technology, the Æternity Naming System (ÆNS), and a secure and efficient transaction engine. The platform is open-source and governed by miners, coin users, and developers.

History

Aeternity wants to develop a uniquely efficient data oracle blockchain platform to ameliorate some of the perceived scalability obstacles experienced by the rapidly growing smart contract developer community. Consensus mechanisms are used to verify the quality of the oracle's data with state channel integration to improve privacy and and flexibility not storing smart contract code or states on-chain to improve execution and data transfer speeds. Indeed the only data that can be settled on the Aeternity blockchain is the transfer of native tokens.