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A year dev-time for such a project is not long and we try to be faster, but software is just software. The most important thing will be to build up the community. Together we can build it faster. Join our testnet and mine a few coins!
By the way, æternity (pre)tokens will be tradable immedeatly via a smart contract on Ethereum! Traders will trade.
Also looking for exchange partners, to partner up for the decentralized asset exchange smart contracts, which will make batch trading finally trustless.
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testnet will be expected。whats the detail schedule of testnet
I dont see a testnet being ready any time soon to be honest. The dev seems far from the project maybe even in another universe and as not been active the way he should on this thread. Saying that, I would like to be proven wrong here. Lets see what happens.
ANNOUNCEMENT
Testnet is on Github: https://github.com/aeternity/testnet
Genesis block quote: "Bitcoin Hits All-Time High as Currency Controls Drive Fear - Bloomberg Online, January 4, 2017"
https://github.com/aeternity/testnet/blob/879d64a6752ee71b2dff2b73aa1e87ea78694da2/src/consensus/tree/block.erl#L74
The purpose of this testnet is to get you guys involved with turing-complete state-channels. Please try to run it on a Ubuntu, or try to port it to work with other systems, like Windows. We will need the help of the community to succeed, no doubt. Everything so far is done via command line. GUI will come at a later time. With this testnet you should be able to (auto)create an account, mine and send to other accounts. Please read the readme.md on Github for instructions. The testnet has also channels, but the channel manager doesn't work yet, so you can't do anything interesting with the channels at the moment, unless you copy paste it, so your counterparty can sign it too. Expect the first state-channel smart contract using our new channel-manager in the next few days. The governance and naming part and lots of other good stuff will come afterwards. Most of the implementation so far has been based on an earlier project, by Zack Hess, who is our lead developer. Thus is not newbie stuff, we can assure you! Zack has over 3 years experience with programming blockchains. Yani has been involved with several serious crypto projects already. ... And we just found out that Zack pre-project is exactly 2 years old now, on Github. Devs will watch this thread to reply to you. Please also join our public chat or if you want to chat with us on gitter.com/aeternity/Lobby or ##aeternity@freenode on IRC. Curious to see who will join us! Please also stay tuned for the æternity token sale announcement. We first need to clear the details before we notify you! No need to rush, guys! This is a proper blockchain project. And if you want to get more involved, the doors are open. |
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That Jack peterson guy is a good developer. This could be a very interesting project. I would really like to see a technology that scales and a delivers smart contracts. I am a noob so I dont know if there are alternatives.
Thoughts?
well there are alternatives for smart contracts but there isn't a platform that addresses scalability and includes state channels the way our team has approached it. Smart Contracts alternatives: Ethereum Lysk |
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In order to remove all doubts about us or the æternity technology, we will try to visit in person the major crypto hubs of this world. To stay close to the people and ship software which simplifies life is part of our vision. We are a global team.
Indonesia, kami ingin mengunjungi Anda!
中国，我们也想见见你
También está buscando un administrador de comunidad de habla hispana!
مرحبا الإمارات!
สวัสดีกรุงเทพ
Gruezi, Schweiz!
давай, Россия. на новый год!
Let us know where you are and what is the best way to set up in your city a meetup.
Happy new year, everybody! 2017 is prime!
Keep the hype on, this does not change the fact that this one is launched by a newbie, with no credibility at all. Everything is blah blah so far. If you want the credibility, show something real that you guys developed, and how they improved the current cybercoin understanding. Pure hype like this does not add a bit to your credibility, and only does the opposite way. I certainly understand the need to show something real, we are currently working on launching the testnet. As for this newbie account, we have created it for the project but the individual team members have their own accounts. These team members and their bios are listed here: www.aeternity.com. You will see that we have worked on a number different projects in this space. |
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Fun to watch this thread still have a lot of to explore what is going behind the scene. A year is too long in crypto to put money to hold and in the end we got some ideas as like we have in the beginning.
thank you for the support! we are planning to release an app much sooner than next year that will demonstrate the functionality of our decentralized platform. in the meantime, we welcome feedback on the whitepaper and our FAQ page here https://blog.aeternity.com/%C3%A6ternity-frequently-asked-questions-faq-9cb0e34e0740#.tg6q7qtox |
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@bittrojan
which proof do you accept? have got some video prepared.
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In order to remove all doubts about us or the æternity technology, we will try to visit in person the major crypto hubs of this world. To stay close to the people and ship software which simplifies life is part of our vision. We are a global team.
Indonesia, kami ingin mengunjungi Anda!
中国，我们也想见见你
También está buscando un administrador de comunidad de habla hispana!
مرحبا الإمارات!
สวัสดีกรุงเทพ
Gruezi, Schweiz!
давай, Россия. на новый год!
Let us know where you are and what is the best way to set up in your city a meetup.
Happy new year, everybody! 2017 is prime!
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Thank you, we will discuss this with our team and check out your website |
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We appreciate all the interest from everyone. We are certainly reading the suggestions and appreciate the feedback.
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thanks for the feedback, we are using AE as the token symbol, and æon as the name of the token, æternity as the project name to avoid any confusion
Then you can forget about Poloniex and Bittrex adoption. That's never going to happen. The Monero/Aeon axis is the most powerful community in the scene currently. Loyalties run extremely deeply on both a community and exchange level. Poloniex is known as the "Monero exchange" with good reason. They successfully destroyed Dash, are in the midst of schooling ZCash on the nature of proper trustless systems, and completely annihilated their own parent coin, and potentially much of Cryptonote in the process. If you want to pick a war with such forces then that's your prerogative. But I can tell you right now that you're already ruled out Poloniex and Bittrex. That's something I can say with complete certainty. Your best chance of success now would be to target non-Monero exchanges like Kraken and BTC-e. Good luck. Thank you for your advise. We are fans of cryptonote/monero as well and don't want to upset the community. Alternatively we are suggesting AET as a symbol and 'ætom' or 'aeternity token' as a name. Let us know if this is viable - also up for community suggestions. Poloniex, are you reading? |
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Change the name of the token. You have millions of words to choose from, don't take a word that is already being used.  thanks for the feedback, we are using AE as the token symbol, and æon as the name of the token, æternity as the project name to avoid any confusion |
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We plan to get the 'AE' as a abbreviation on exchanges. It is short and memorizable. Our token is called æon, as in encyclopædia or in Ænglish. In simple English you might be able to spell it 'aeon', but this is actually almost wrong. We might also just call it 'AE' or 'AEsomething', never was competing for AEON symbol, as it is too long. Updating the whitepaper for correction and a big thanks to the community. How can we contact the authority for exchange symbols? Is there an exchange reading here, who wants to be the first to list us? Thank you!
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any bounty? please reserve for Filipino translation thanks.
Any bounty for local translation??? i would to reserve indonesian translation sir
thank you
I do Greek ^^
Thank you to everyone who is asking about bounties, we are certainly appreciate the offer and will keep open to this idea. We will keep you posted  |
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INTRO | æternity is a new blockchain - designed for fast and secure smart contracts interfacing with real-world data via a decentralized oracle. Scalability is achieved by using (trustless) Turing-complete state channels, a major difference to Ethereum. This way the smart contracts also become easier to analyze and more secure. The interface to real-world data is done via an innovative oracle design, which is based on prediction markets. State channels increase scalability since all transactions become independent and can thus be processed in parallel. Additionally, this means that contracts never write to shared state, greatly simplifying their testing and verification. æternity will be powered by the æternity token - AE symbol. æternity tokens are used as payment for any resources one consumes on the platform, as well as the basis for applications implemented on the platform. The distribution of æternity token [AE] in the genesis block will be determined by a smart contract hosted on Ethereum. æternity tokens will be managed by accounts which will have an address and balance, implemented alongside a alias (naming) system which will support human-friendly names mapped to an aeternity address. æternity identities are essentially a triple of (pubkey, hash, name). Pubkey from the account, name from the alias and hash linking to further data, e.g. on IPFS. Contribution campaign starts April 3rd, 13:05 GMT and will last for 3 days - until April 6th, 13:05 GMT. More details here.ÆTERNITY BLOCKCHAIN |
 CONSENSUS AND GOVERNANCE | • Hybrid Proof-of-Work Proof-of-Stake blockchain • Consensus achieved by PoW mining • Algo: 'Cuckoo Cycle' by Tromp: GITHUB WHITEPAPER BLOG • Minable with even with smart phones achieving highest possible decentralization • Governance via PoS prediction markets • Prediction markets are proven to very good tools to destill information out of a crowd of people. Better then simple voting! TRANSACTION SPEED ESTIMATES • Trustless off-chain transaction speed: infinite and only limited by the speed of light as these transactions are inside state channels • On-chain transaction speed: We define following variables for the following calculations: B = block size in bytes F = blocks till finality R = time till finality in seconds T = transaction size in bytes The variables that define the protocol are all constantly being updated by the consensus/governance. From their initial default values, we can calculate the initial default rate of transactions per second. Transactions per second = B F / (T R) B = 1000000 bytes = 1 megabyte per block R / F = 30 seconds per block R = 243600 seconds per day F = 2460*2 blocks per day T = 1000 bytes per transaction 1000000 ∗ 24 ∗ 60 ∗ 2/1000/24 ∗ 3600 = 1000000 / 1000 / 30 = about 32 on-chain transactions per second, which would be fast enough to sign up every human with state channel technology within 8 years. These variables will be determined by token holders (PoS Governance). For further details read the æternity blockchain whitepaper: Sec. E(4): Transactions per second at a given memory requirements |
STATE CHANNELS | æternity’s blockchain leverages state channels which makes smart contracts faster, more secure and more private. - First, two users open up a state channel via depositing some AE tokens into it.
- They can agree to arbitrary smart contracts. This allows for transactions to be conducted as fast as information can be
transmitted and processed by the parties, instead of them having to wait until the transaction has been validated—and potentially
finalized— by the blockchain’s consensus mechanism. - This æternity blockchain is used to settle the final outcome or to resolve conflicts that arise.
It’s decisions are foreseeable, thereby ruling out malicious activity between parties who try to erode the state channels to which they’ve written and previously agreed to. The transfer of æon is the only effect channels can have on the blockchain, only those æon that have been deposited into the state channel can be transferred. This makes all channels independent from each other, which has the immediate benefit that any transactions related to channels can be processed in parallel, greatly improving transaction throughput. |
SMART CONTRACTS | æternity uses a Turing-complete (new) virtual machine with MAST (Merkelized Abstract Syntax Trees) to process smart contracts. Within æternity, smart contracts are pure functions in the form of financial agreements that distribute funds according to predetermined rules. MAST enables that, in case a smart contract needs to be enforced by the blockchain, only the relevant part of the smart contract needs to be published, achieving again higher scalability and confidentiality. - Only the involved parties know about the contract
- Only parties that have an open state channel can create a valid contract
- Every state change or code update gets signed by both counterparties of the contract
- It is only submitted to the blockchain if its outcome is disputed, in which case the code is only ever stored as part of
the submitted transaction, never in any other state. - If this happens, the blockchain distributes the tokens according to the contract and closes the channel.
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IMPLEMENTATION | æternity core blockchain code is written in Erlang, which makes it easy to write distributed,
fault-tolerant, soft real-time, highly available, non-stop applications. Erlang is the perfect language to write a blockchain
from scratch and by using it, we achieve a superior operational stability and performance. |
WEB AND MOBILE INTEGRATION | æternity is 'mobile first', which is true because of the convergence of mobile and web
technologies and new mining algo which is even efficiently minable on smart phones.
A Javascript library and REST APIs for engaging with the core blockchain will make the integration into existing web/mobile apps
or services easier.
ReactJS will be the framework of choice two write reusable modules in, for the UI. These modules can easily be reused on the web,
as well as on mobile, and even compile down to native apps on mobile, becoming more snappy.
Also an Ethereum and Bitcoin bridge via Cosmos/Polkadot is planned.
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ROADMAP THE TEAM Constantly adding team members, check out website and blog for the most recent information. GET IN TOUCH We are also on QQ, wechat, IRC and more... Join us now and help build the future together. |
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We will be releasing a blog post and news announcement shortly. Website is in the works, and team bios will be public.
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I would like to introduce the aeternity blockchain project. We are a group of highly skilled and experienced folks who have worked on projects like Ethereum, Augur, and Synereo. We are developing a scalable blockchain that enables high bandwidth transacting, purely-functional smart contracts, and decentralized oracles. There are a bunch of other cool features. We will be publicly making an announcement soon and we look forward to receiving feedback from everyone.
There is dedicated forum to post your projects. Anyway, u don't need high bandwidth copy paste of bitcoin because u won't have users to use that high bandwidth. Next altcoin without future but have fun. We are not a copy paste of bitcoin as we have developed a separate blockchain solution, more so its not about bandwidth but rather the ability to code smart contracts without taking up network resources to execute them. |
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We are a group of highly skilled and experienced folks who have worked on projects like Ethereum, Augur, and Synereo.
Wow, this is a proof about Your group. Nice. We will be releasing bios of our team, stay tuned |
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Hello all,
I would like to introduce the aeternity blockchain project. We are a group of highly skilled and experienced folks who have worked on projects like Ethereum, Augur, and Synereo. We are developing a scalable blockchain that enables high bandwidth transacting, purely-functional smart contracts, and decentralized oracles. There are a bunch of other cool features. We will be publicly making an announcement soon and we look forward to receiving feedback from everyone.
Thanks for reading
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