Founded in 2017, Aeternity was established as a platform for decentralised apps with a priority of avoiding network bottlenecks that plagues it’s predecessors and competitors. There are stark differences when compared to other smart contract networks such as Ethereum.
Aeternity takes the approach of keeping smart contracts off the blockchain, which avoid taking up space and slowing down the transaction times. This off-chain approach also allows for increased privacy, allowing users to keep contracts hidden off the blockchain network. It also allows for any disputes between third parties to be moved onto the blockchain, to allow for any arbitration.
The nature of Aeternity smart contracts also allows for Oracles, essentially taking external data and feeding that into the smart contract ecosystem.
Aeternity continues to lead the way, and is a strong contender for future mass adoption in the space. Sign up for a free account and Buy Aeternity today.
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