Aeternity (AE) is a blockchain technology which aims to improve upon the competition by being faster, more secure, highly efficient and globally scalable. Similar to Ethereum in its implementation the technology revolves around smart contracts; building and running applications on the blockchain. Aeternity introduces state channels which allows applications to run off-chain and only communicate with the public blockchain if a dispute occurs.
Aeternity has the potential to solve real problems in the cryptocurrency world. It introduces unique innovations which could change the way we utilise blockchain technology. It’s governance system gives the power of the network back to the users which has always been the original intention of blockchain technology.
Aeternity’s flexibility and usefulness provide a strong case for its future moving forward.