What problem does this service solve?

Aeternity uses a hybrid consensus protocol that aims to improve smart contract platforms and allow the use of real world data.The Aztec Protocol reduces GAS costs and increase inter-operability for Ethereum DApps.

Token Stats

Not Relevant

Company Description

Aeternity is a smart contract driven blockchain platform that aims to integrate real world data and improve the overall performance of smart contracts. Aeternity has a hybrid consensus algorithm that combines PoW for verifying transactions, and PoS for governance purposes. The platform is based on a system of state channels that allow users to interact privately with each other and record this information off-chain.

The Aztec Protocol is an efficient zero-knowledge privacy protocol designed to enable private transactions on the Ethereum blocckhain. Their zero-knowledge proofs enable private transactions that can facilitate a variety of inter-operable financial applications on Ethereum. Aztec is a ConsenSys portfolio company.

T

Ratings

Overall

(0)

(0)

How useful is this tool in creating decentralized applications?
How does this platform compare to similar development tools?
How effective is this tool in encouraging blockchain adoption?
How scalable is this platform?
How likely is it that this tool will still be used in 10 years?