| Full Currency Name | /AE |
| Currency Code | AE |
| Coin Intro | "AE is the base token of the Aeternity platform, with its full English name being Aeternity. It was issued on December 26, 2016, with a total supply of 330,252,057 AE tokens. Aeternity was founded in 2016 and is an open-source, blockchain-based distributed computing platform that is built on decentralized cryptographic P2P technology. To provide unparalleled productivity, transparent governance, and global scalability, Aeternity offers blockchain technology that is both efficient and cost-effective. Aeternity’s unique state channel design allows for off-chain verification of data and smart contracts independently, increasing transaction speed and scalability while also ensuring enhanced privacy. As the base value token of Aeternity, AE tokens can be transferred between members and used to compensate participant nodes for any amount of executed computation. All AE token holders can participate in the governance of the Aeternity blockchain through a voting process, which is weighted by the number of tokens each user holds. The Aeternity project was once viewed as Europes Ethereum and considered a hyper-premium project by many crypto enthusiasts. However, after two rounds of ICOs, the project team did not quickly issue tokens like many other projects. To make matters worse, a significant portion of the funds raised during the second round of the ICO was lost in an Ethereum wallet hack, greatly disappointing those who participated in the ICO. AE Founding Team and Background: Aeternity claims to be a next-generation blockchain network. The Aeternity team consists of cryptocurrency believers and true experts in their respective fields. The project was initiated in 2016 by Yanislav Malahov, a German computer scientist known as the Godfather of Ethereum, along with former Augur core developer Zack Hess and former Synereo core developer Jack Pettersson. It brings together numerous disruptive innovations aimed at reshaping the underlying protocols of todays smart contracts. Aeternity’s technical highlights include Turing-complete State Channels and decentralized Oracles. The current price of AE is $0.026095, with a 24-hour trading volume of $98,877.3. AE has fallen by 9.36% in the past 24 hours. It currently ranks 276th on BeeChecker with a market cap that is not currently provided. Its circulating supply is 377.21 million AE, and its total supply is 536.306 million AE." |
| Issue Date | |
| All-Time High | $5.82509091 |
| All-Time Low | $0.016396867 |
| Total Supply | 536306702 |
| Circulating Supply | 377210978.5 |
| Circulating Supply Percentage | 0.7033493653786187 |
| Market Cap | NaN |
| Fully Diluted Market Cap | $4.865615496261317e-11 |
| Mkt Cap (Float) | $ |
| Circulating Market Cap % of Global Total | |
| Listed on Exchanges | 4 |
| Official Link | https://www.aeternity.com/ |
| Whitepaper | https://blockchain.aeternity.com/%C3%A6ternity-blockchain-whitepaper.pdf |
| Blockchain Explorer | "https://etherscan.io/token/0x5ca9a71b1d01849c0a95490cc00559717fcf0d1d", "https://ethplorer.io/address/0x5ca9a71b1d01849c0a95490cc00559717fcf0d1d" |
| Telegram | "https://telegram.me/aeternity" |
| Github | https://github.com/aeternity/epoch |
| https://twitter.com/aetrnty | |
| https://www.facebook.com/aeternityproject | |
| https://www.reddit.com/r/Aeternity |
Aeternity was initiated in 2016 by German computer scientist Yanislav Malahov, known as the "Godfather of Ethereum," along with former core developers of Augur, Zack Hess, and Synereo, Jack Pettersson. It brings together numerous disruptive innovations to reshape the underlying protocols of todays smart contracts. Aeternitys key technological features are Turing-complete state channels and decentralized oracles.
Æternity is a modular blockchain network that uses state channels to achieve scalability, tailored for smart contracts that interact with real-world data through oracles. Aeternity aims to establish a comprehensive platform capable of supporting numerous apps, with identity management and proof-of-existence applications being just the first steps.
AE Oracle Processing Flow
State Channels
Æternitys smart contracts are purely functional options that exist only within state channels. Users interact on sidechains. Only when there is disagreement does the code, the smart contract, involve the blockchain. The entire model is like a digital court with self-governing authority.
AE employs state channels, which allow for many sidechains to exist outside the main chain. These sidechains, or state channels, run smart contracts and transactions, ultimately storing the results on the main chain. Each sidechain can handle dozens of transactions, and these sidechains can be infinitely extended, thus enabling off-chain transaction processing while only preserving the results on-chain. In cases of dispute, the intermediate process can also be submitted to the main chain. Since transaction results are processed off-chain, AE provides strong privacy, as there are no records of transacting parties on the chain; only the final result is stored.
Decentralized Oracles
Oracles establish the connection between real-world data and smart contracts. They are more powerful than Turing-complete computing models.
Consensus
"The aeternity blockchain achieves consensus through a creative combination of Proof of Work and Proof of Stake algorithms."
Unique Technical Governance
Aeternity envisions a future society where miners vote, and holders of value collectively make decisions.
Privacy
Many commercial applications do not require transaction records on the public ledger. Aeternitys smart contracts only involve the blockchain when consensus cannot be reached, operating like a digital court with self-discretionary powers.
Security
Top-tier data encryption structures and extreme decentralization lead to high efficiency and eliminate the possibility of failure.
Low Cost
In the aeternity blockchain, state channels are the default mode for running smart contracts, making aeternity one of the most efficient Turing-complete blockchains, and enabling low-cost tokenization forms.
Incubator Fund
Aeternity will establish a foundation to support developers, entrepreneurs, and startups building open-source projects on aeternity.
Applications
At launch, the aeternity platform will deliver significant open-source applications. This ensures people are using blockchain technology from the start. For more information about applications, please refer to our whitepaper.
Audience
Aeternity emphasizes web browser integration and mobile-first approaches, making it more accessible to a broader audience.
Meetups and Conferences
We organize meetups and conferences worldwide.
Education
On the technical side, aeternity offers developer training workshops, mentorship programs, and initiatives to bridge the gap between technology and people. Aeternity supports enterprises and individuals interested in aeternity.
Research and Academia
Aeternity continues its research into cutting-edge technology standards and expands collaborations with international academic institutions to ensure aeternitys technology remains up-to-date and secure. Some partnerships will be announced later.
Institution
The aeternity organization, located in Liechtenstein, backs the aeternity blockchain. Ongoing communication with regulatory bodies is crucial to ensure the aeternity project remains within legal frameworks.
