[ANN] æternity blockchain ∞ AE TOKEN ∞ [PoW & PoS | Oracles | Smart Contracts]

[zahl]

Aeternity is so unsecure that it can't even be used to make a simple poll. Somebody duplicated a "governance vote" as if it were created by Aeternity Foundation conducting type of a Sybil attack on it. Just look at here: https://superhero.com/voting

LOL

But as Yanislav Malahov said, Aeternity is the best blockchain, Aeternity is the best technology, generally I have a suspision that Yanislav Malahov is Satoshi Nakamoto who decided to create Aeternity after inventing Bitcoin and Ethereum.

Aeternity = Mistakes after Mistakes + Hacks after Hacks + Delisting after Delisting - ICO funds

[zahl]

Aeternity is one of the worst managed blockchain projects. The founders received millions of dollars (more than Ethereum itself) and Yanislav Malahov said that it is not true, he said that they have not received US dollars. Sure, they have received ETH and BTC instead which are magnitude more valuable than dollars! So it means that the mismanagement of funds is even bigger than anyone can imagine.

The other lie they were feed us is that there were necessary to set a mining reward high. Millions of dollars were paid to miners to secure useless blockchain with no real transactions nor applications in the expense of tokens holders. Finally those well paid miners that "secured" blockchain decided to attack it and received even more stake. But now, when mining difficulty is all time low, the Aeternity founders said, it is fine, Aeternity is secure regardless of it. So why they have decided to waste millions of dollars to mining rewards instead of spending these massive amount of wealth to develop the superior product? Ahhh, the management is not their strong side, sorry...

So now you know that and I repeat again:

Aeternity is one of the worst managed blockchain projects.

Moreover it is managed retroactively instead of proactively.

Take a big grain of salt (at least) to what the founders - Yanislav Malahov and Nikola Stojanow - say. They attitude is "fake it until you make it" with the difference that the only first part is effective. And remember, Yanislav Malahov has always said that the Aeternity is the best blockchain ever. Maybe I am stupid, but even if somebody want to believe him, there is a simple test. Just jump in to the blockchain explorers and see what you can do with it:

• Aeternity contract explorer: https://www.aeknow.org/contract/detail/ct_nZpU3hfmAfe4g6jiTPPcwa21hnQL68SEYvtizV3iEcfsSHCfD
• Ethereum contract explorer: https://etherscan.io/address/0xdac17f958d2ee523a2206206994597c13d831ec7

Wow, certainly, Aeternity blockchain explorer surprises me.

[Dron Pelya]

Now I see, that I've sold AE too early. In a several days price incrased to 30 cents. Anyway, I'm not sorry about this. I'm glad that I sold this "problem asset", and began to trade with tokens of really interesting projects.

[zahl]

You are not and you shouldn't. The project is a total shit, so if the shit is priced a few cents more, it is still a shit. The Aeternity team is almost all from eastern europe. Their communication skills are tragic, the project is depleted from the ICO capital and the question is what happened with it. There is no way this project will gain traction. The tech stack is complete disaster, nobody can work on it apart of the contractors hired. The language (Erlang) is not a popular language like Go or other modern and easier languages where if you structure a code properly, it is easy to understand, test and develop making the project transparent, easy to audit, test, develop and extend. The Aeternity is just a long string of mistakes, mismanagement, hacks, delistings, all of it lead to a final disaster. This is a dying project with just a rare dead cat bounces. There are so many better projects with a brilliant teams with excellent communication skills and a top notch management. Just answer yourself, would you let Yanislav Malahov and Nikola Stojanow to execute your start-up? I won't. It is better stay away from them.

[zahl]

Aeternity's initial community was destroyed by Yanislav Malahov initial decisions and further actions. His initial disastrous decision was to give miners huge rewards from the beginning where the blockchains was immature and there wasn't anything to secure. There weren't real applications and transactions and there are not even now. Despite of this, miners hasn't secured the blockchain and attacked it instead for more profits. Yanislav Malahov said it was necessary to secure Aeternity with huge rewards and was concerned that the rewards might be too small. After miners attacked the blockchain consensus he changed his mind and said that now Aeternity is secure regardles of actions of the miners. By these incompetent actions, lack of the vision, lack of the understanding of the technology, economics, etc. Aeternity community was totally destroyed.

Yanislav Malahov blocked and banned anybody who has pointed mistakes made. Anybody who has asked what happened with ICO funds or other inconvenient questions was banned on Telegram, Aeternity forum and Twitter.

People are afraid to express their opinions on the channels Yanislav Malahov controls because they know if they will say anything he doesn't agree with, he will ban them.

Now there are another result of that politics and ignorance. They have tried to set up a Q&A group on Stack Exchange Q&A site. The result was expected:

This proposal has been closed as not a viable proposal by Community.
This proposal will not result in a useful, productive, or viable Q&A site.

https://area51.stackexchange.com/proposals/124829/ternity

[splat-bitcoin]

This one is directed to me.

Now there are another result of that politics and ignorance. They have tried to set up a Q&A group on Stack Exchange Q&A site. The result was expected:

This proposal has been closed as not a viable proposal by Community.
This proposal will not result in a useful, productive, or viable Q&A site.

https://area51.stackexchange.com/proposals/124829/ternity

I like when people takes time to criticize and share hate but don't take time to understand what they are talking about. You see something and you express your opinion without knowing the rules behind or even the process needed.

I was responsible for this challenge of getting æternity own's stackexchange. You can check the entire story of this process, how SE works, what are the stages, what we achieved and what we didn't.

https://forum.aeternity.com/t/stackexchange-aeternity-presence-we-need-all-our-community-to-collaborate/8264

There is no hidden story, no pressure, no nothing, nobody banning or shutting anybodies opinion. We tried to achieve something to grow more and better our community that we knew all the time it could be nearly impossible but we also knew that this helps our promotion, helps to onboard new people interested and also help US to understand and keep learning to do our work better.

Take your time on walking through all the events and enlighten us with your experience or even better prove us how wrong we are and show us how you did it better.

Little side note. Cardano started their process on getting listed on SE and they achieved, this time. They tried 3 times before.


Regards.

[zahl]

After UTU, another project was struggling building on Aeternity and decided to say goodbye and migrate to other blockchain:

AMPnet APX will be launching our platform on @0xPolygon
https://twitter.com/aapxnetwork/status/1389545522382393346

It is better to stay away from Aeternity. It is a bundle of mistakes starting from a terrible monetary policy, big egos of founders and their ignorance, ICO capital destruction, Bulgarian style of management, nepotism in the structures, banning people on communication channels. Despite that Aeternity received more funds than Ethereum, it stagnates and is in a development starvation mode. Answer yourself what happened with massive funding from ICO investors, because Yanislav Malahov and Nikola Stojanow won't tell you, but will ban you instead if you dare to ask.

So... Can anybody remove UTU and AMPnet from https://aeternity.com/ website, LOL.

[splat-bitcoin]

Definitely you will says whatever you want for discredit æternity. At least show some proofs so people can verify instead of trusting on your tales.

 https://imgur.com/a/phG2g9v


Blockchain community, don't trust. Verify!

[Lunar Crank]

I'm not sure that hard fork can change situation with investors interest to AE very much. Project needs something more. Maybe they should even make rebranding or something else in this direction. 

[Dron Pelya]

I'm not sure that hard fork can change situation with investors interest to AE very much. Project needs something more. Maybe they should even make rebranding or something else in this direction. 

I think you are right. As I understand even AE community has bad opinions about this project. I don't know what team have to do to change it. Maybe they need change direction of project development, or invest many money in marketing. But at first they have to convince community to buy AE.

[zahl]

Expect stagnation in the development of Aeternity.

Yanislav Malahov hasn't built the Aeternity organization with a high standards of work ethos. Historically they turn on vacation mode during this time.

Last year there were almost no code progress until the end of the summer and as you can guess the summer is nice in Bulgaria.

Check it out here and wish Yanislav Malahov a nice vacation:
https://coinpaprika.com/coin/ae-aeternity/#!code-progress

[zahl]

Aeternity took so many shortcuts when building the blockchain that it is very difficult for them to provide basic features that Ethereum accomplished in 1 year. Ethereum was a novel blockchain with many new features. You could expect Aeternity to be a superior in terms of features, development speed, and tech stack, when you take a consideration that it received massive ICO fundings and received more fundings in ICO:

- Ethereum received ~ $16 millions in BTC
- Aeternity received ~ $25 millions in BTC and ETH

The question is what happened with this massive ICO funding as Yanislav Malahov and Nikola Stojanow never revealed that and banned people who asked that. It looks like these fund are depleted (?!). Now Aeternity is in a development starvation and after many years still have no basic features that Ethereum had in 1 year with smaller funds!

The problem with Aeternity is that it is deeply connected with Erlang language while Ethereum was language agnostic. Aeternity has just one implementation in Erlang. Ethereum has many implementations in C++, Go, Python, JS. Why it is so important? Because when you are language agnostic everything is specified in with a high level of abstraction and it is easy to implement part of the protocol in many languages. This way you can read and write the state of the smart-contracts for example in a web browser. You can see what is going to be signed, what data has been compiled to feed to the smart-contract and what the response is. You don't need to ping a server, the code in your web browser can do this and all of this was achieved within 1 year! Aeternity is contrast despite more funding received can't achieve that after several years! As I said the its protocol implementation is so highly related to Erlang that they decided to transpile Erlang to JS to run parts of the protocol in a web browser. Jesus, how ugly this is! This way they hope the would be able to run smart contracts in a web browser, compile data and decode it. It is not done yet, the development is so slow an unpredictable that many companies just abandoned developing on Aeternity, they have decided it is too big risk for them as the Aeternity is immature, not stable, prone to the 51% attacks and with no good standard of development tools. And the last news at the end. A developer (a student) that worked on that recently left Aeternity. Well, I can only advise them to hire another student, developer from well, Nigeria or India, because they have very big experience with that.

[human]

Zahl launched the Etercoin scam in 2014, conducted an "IPO", and then abandoned the project.
This is proof: https://imgur.com/a/nflXRja
Check out his first post on bitcointalk and check out https://github.com/etercoin/etercoin he only has 2 commits. Later he wanted to scam to the users here.

He is just a paid troll of a scam army. Or he was fired by the founders and is now trying to attack them.

To prove that zahl was further wrong:
-The æternity blockchain still has a lot of funds in BTC and ETH, and the developers are still working.
-æternity Development Company is a project located in Liechtenstein, not a Bulgarian project. https://www.forbes.com/sites/oliversmith/2018/03/07/why-blockchain-is-booming-in-liechtenstein-the-sixth-smallest-country-in-the-world/?sh=4d9649973564
-The development team is mainly Swedish. They hired Ulf Norell (inventor of Agda), Thomas Arts (Professor of Gothenburg), Erik Steman (former CTO of Klarna) and other world-class engineers with programming language design and virtual machine experience to develop the æternity blockchain.
http://www.quviq.com/contact-2/about/ (check their profile, they are still involved! Such people will never participate in scam projects!)
https://happihacking.com/about.html
-Mining inflation is very similar to Ethereum. There is not much difference.

To summarize: we have a proven anonymous scammer. On the other side are the godfather of Ethereum and world-class programming talents.

You can watch the godfathers presentation here https://www.youtube.com/watch?v=lN6LI9TABF0

[zahl]

Do you know that Aeternity organization as a whole is not transparent and doesn't try to be. Instead it banned those community members who dare to ask inconvenient questions. For example, after conducting ICO and raising around $28 mil USD for the contribution campaign in 2017 (around 235.000 ETH and 11.000 BTC).

235.000 ETH and 11.000 BTC are worth $946 millions now!
Yes, you read it right... almost 1 billion dollars!

Apart of that, they were still very hungry of capital and they decided to ask for more funds and conducted BRI action which gave them ~10% of mining rewards. How all these funds are spent is not transparent. Aeternity is not transparent from the beginning and we don't know what happened with that massive capital in the past nor in the present.

That nontransparency, ignorace and arrogance of the founders, led more and more crypto entites to stay away from Aeternity. Starting from businesses, up to the crypto exchanges, which decided to block withdrawals and delisted AE tokens. After Binance, now Bithumb decided to delist it. Aeternity is a trap, it doesn't inspire in a positive way. It has disastrous setup from the beginning, monetary policy is terrible and when I will have a time I will try to estimate how much capital miners received from securing (and then attacking, LOL) blockchain with almost no economic activity, with no real case smart-contract scenarions in use. Those setup destroyed the inital community of believers and then rewarded toxic miners instead.

Aeternity is ill-conditioned from the beginning.

Aeternity's standards are way too far from the community standards.
Such compromised project can't have its place in a scene.

[human]

The verified scammer zahl wrote that æternity collected 235.000 ETH and 11.000 BTC? Where did this number come from? This is the correct number https://blog.aeternity.com/contribution-phase-one-overview-faq-89c89cc19cc6

As you know, aeternity suffered a parity wallet error 1 (written by the CTO of ethereum gavin wood), and it lost almost all of its ETH of the second phase of the token sale.

They still managed to survive and established super reliable technology.
Check out their youtube (https://www.youtube.com/channel/UCEsM0b7QPazeMR80DxNkzCA) and their github (https://github.com/aeternity). You can see a steady stream of videos and code submitted to many projects, not even community projects.

Compared to projects that raised billions of dollars in 2017 (EOS, cardano, tezos, etc.), æternity blockchain technology is far superior.

They also did not run out of resources, because they seem to be hiring a lot of positions https://angel.co/company/aeternity-blockchain/jobs

BRI is determined by community voting, and more than 3/4 of the voting accounts vote for BRI to support the foundation. You can view the grants provided to the community here https://forum.aeternity.com/c/li-foundation/grant/81

Guys, please help. How to get rid of the proven liar zahl? He kept lying and tries to destroy one of the most reliable projects in the cryptosphere. He cannot be allowed to do this. Constantly misleading bitcointalk users with wrong information, isn't this a violation of community guidelines? It seems that there are some personal problems between Zahl and aeternity founders, because he constantly attacks them on a personal level. No wonder he will be banned by the aeternity Forum.

Zahl, please prove me wrong. Otherwise please stop repeating your bs over and over.

[zahl]

Aeternity has many jobs listed here: https://angel.co/company/aeternity-blockchain/jobs

Don't let them fool you on that! They can list as many jobs as they want. They always tried cheap marketing. It is as true as their "Company size: 51-200 people" information and similarly as true as tons of people working on Aeternity listed in their website (wow, that must have impressed crypto-space years ago).

Never believe in what they say. Don't let them fool you. Verify. Many exchanges verified them and decided to delist them.

And ask yourself what happened whith 235.000 ETH and 11.000 BTC they have collected in the ICO that are worth $1.5 billions now!
Yes, you read it right... 1.5 billion dollars! Ethereum was built with just $16 millions in BTC. And now you get the idea how honest they are.


Apart of that, looking back on that comments:
https://bitcointalk.org/index.php?topic=1851155.msg18422819#msg18422819
https://bitcointalk.org/index.php?topic=1851155.msg18462675#msg18462675
That  were a really good points, don't you think?

[Dron Pelya]

The verified scammer zahl wrote that æternity collected 235.000 ETH and 11.000 BTC? Where did this number come from? This is the correct number https://blog.aeternity.com/contribution-phase-one-overview-faq-89c89cc19cc6

As you know, aeternity suffered a parity wallet error 1 (written by the CTO of ethereum gavin wood), and it lost almost all of its ETH of the second phase of the token sale.

They still managed to survive and established super reliable technology.
Check out their youtube (https://www.youtube.com/channel/UCEsM0b7QPazeMR80DxNkzCA) and their github (https://github.com/aeternity). You can see a steady stream of videos and code submitted to many projects, not even community projects.

Compared to projects that raised billions of dollars in 2017 (EOS, cardano, tezos, etc.), æternity blockchain technology is far superior.

They also did not run out of resources, because they seem to be hiring a lot of positions https://angel.co/company/aeternity-blockchain/jobs

BRI is determined by community voting, and more than 3/4 of the voting accounts vote for BRI to support the foundation. You can view the grants provided to the community here https://forum.aeternity.com/c/li-foundation/grant/81

Guys, please help. How to get rid of the proven liar zahl? He kept lying and tries to destroy one of the most reliable projects in the cryptosphere. He cannot be allowed to do this. Constantly misleading bitcointalk users with wrong information, isn't this a violation of community guidelines? It seems that there are some personal problems between Zahl and aeternity founders, because he constantly attacks them on a personal level. No wonder he will be banned by the aeternity Forum.

Zahl, please prove me wrong. Otherwise please stop repeating your bs over and over.

To be honest, I don't see any problem. If Zahl is liar, you always can refute everything he say. If you can't do it, it means that maybe not everything he said was lie. Think about it.

[zahl]

Meet Aeternity co-founder Nikola Stojanow with his wife Stefka Stojanow. Both working in Aeternity Ventures according to https://aeventures.io/. He was very happy to be one that was honored to manage 235.000 ETH and 11.000 BTC Aeternity collected in the ICO that are worth $1.5 billions now!

Trust him. Trust the process. And repeat after me Aeternity is not BitConneeeeeeect, Aeternity is not OneCoin! Aeternity is the best blockchain ever according to the Great Grandfather of Ethereum Yanislav Malahov.


source: https://twitter.com/meta_nikola

P.S.

OneCoin is a Ponzi scheme promoted as a cryptocurrency by Bulgaria-based offshore companies OneCoin Ltd (registered in Dubai) and OneLife Network Ltd (registered in Belize), founded by Ruja Ignatova.

Ruja Ignatova (Bulgarian: Pyжa Игнaтoвa) (born May 30, 1980) is a Bulgarian convicted fraudster. She is best known as the founder of a Ponzi scheme known as OneCoin, which The Times has described as "one of the biggest scams in history".

[zahl]

Yanislav Malahov, Nikolai Stoyanov, Stefanya Stoyanov:

What did you do with capital collected from investors in ICO?

What happened with 235.000 ETH and 11.000 BTC which are worth $1.5 billions?

Why Aeternity Ventures lead by Nikola Stojanow and his wife is dead?

Did you mismanaged those funds?

Why development is undercapitalized? It looks like Aeternity development is barely funded.

[splat-bitcoin]

WHY NOBODY STOPS THIS HATER ONCE FOR ALL?



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