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Aeternity (AE)

1. Introduction

Aeternity is a next-level, brand new blockchain technology in the making, with many features that tackle current issues of blockchain systems in an elegant way.

Blockchains, first of all, Bitcoin, have shown a new way to architect value exchange on the Internet. This has been followed by a number of promising advances: Ethereum demonstrated a way to write Turing-complete smart contracts secured by a blockchain architecture; Truthcoin created tools for making oracles on blockchains, while GroupGnosis and Augur showed how to make them more efficient; Casey Detrio showed how to make markets on blockchains; Namecoin showed how to make the distributed equivalent of a domain name server; Factom showed how a blockchain that stores hashes can be used as a proof of existence for any digital data. These technologies show great promise when it comes to providing first-class financial and legal services to anyone. So far, however, they have failed to come together to a unified whole that actually fulfills the promise. Specifically, all solutions so far have been lacking in at least one of the following respects: governance, scalability, scripting safety and cheap access to real-world data. Aeternity aims to improve the state of the art in all of these respects.

2. AE Token

AE are the access tokens to the aeternity blockchain and act as a unit of account for the resources spent on æternity. AE are the energy (or “crypto-fuel”) used to power any application implemented on the platform. Every action (and even inaction) on the aeternity platform costs something, even if only fractions of cents. AE are the fuel for the new types of trustless apps that will be enabled.

3. Token distribution

  • 17%: Aeternity Anstalt and Founders
  • 82%: Contributors
  • 1%: Airdrop on Mainnet Launch

4. Useful Links

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