AION Mainnet Launch

[windave]

OneLedger tries to justify not having a mainchain with VM because: "Unlike Aion, OneLedger’s focus is not to be the master chain but to interact with others", which makes OneLedger just another interoperability middleware (which btw still just vaporware atm)

The point of having the Aion-1 mainchain with a Virtual Machine (AVM) is because it gives Aion 2 major advantages over other interoperability projects:

1. Instant Finality: The Aion-1 VM has parallel transaction processing to make sure Aion-1 doesn't become a bottleneck for performance while routing transactions between blockchains since they have different confirmation times.

2. Interoperable Dapps: The Aion-1 VM can host Dapps that read & trigger logic between different blockchains:
. IF THIS happens on blockchain A
. THEN THAT should happen on blockchain B

[windave]

Aion is first & foremost a Dapp platform with a VM like ETH & NEO, but much more scallable & Interoperable since Aion is all these 3 things at same time:
1. Dapp platform with it own VM (Like Ethereum & NEO)
2. Router that interconnects heterogeneous networks
3. Framework for Spoke chains that can scale infinitely to achieve Unlimited TPS

Cosmos is first & foremost a second layer interoperability middleware between blockchains but has no VM and cannot host its own Dapps. Dapps can only be hosted in the those blockchains aka zones that are connected by Cosmos, which is far more complicated that building Dapps on the main chain as in Ethereum & Aion.

[windave]

Aion update:

http://www.globenewswire.com/news-release/2018/07/12/1536715/0/en/VeriTransfer-Unveils-the-First-Known-Proof-of-Concept-for-a-Blockchain-Enabled-Firearms-Licence-Verification-and-Ownership-Transfer.html?culture=en-us

https://coinjournal.net/aion-a-vision-for-a-democratized-internet

https://medium.com/@naka.lqk/aions-hash-power-and-the-substantial-mining-profitability-on-the-aion-network-6e89304f80ec

https://medium.com/@j.p.dipasquale/eye-on-the-supply-aions-token-distribution-analyzed-9375a7f0469c

https://medium.com/@northernblockca/developing-an-erc20-token-on-aion-b11244fa552a

[windave]

  I'm super confident that we're going to rock the next 6 months.  Aion has been primarily focusing on it's technical development road map and Matt Spoke  speaking road show to conference around the world.  The next phase Q4 will include similar high profile speaking engagements with added marketing/PR support, more voices within the foundation active, more dev friendly support and dev evangelism, more content (graphics, video, live streaming) and my community focus is to do more mobilizing the community through more strategic initiatives.

[windave]

Aion Foundation Launches

The Aion network is excited to announce the formal transition of its operations from Nuco Global, the original corporate entity that gave rise to Aion, to the Aion Foundation — a non-profit foundation — the focus of which will be to advance research, development, and community building activities related to the Aion protocol.
In short, Aion will now be guided by the Aion Foundation.
This is an important moment for all of us at Aion. As indicated during the AION token sale in October 2017, for Aion to truly and fully represent the interests of the community, and to create an open and inclusive ecosystem, a restructuring from a corporate model to a non-profit foundation model would be essential.
This week, the shareholders of Nuco Global’s parent approved a corporate restructuring that results in the transfer of all IP and assets of Nuco Global to the Aion Foundation. All of the approximately 153 million tokens (over 3-year TRS) that were earmarked for ongoing operations will be transferred to the Aion Foundation*, which will also manage all proceeds from the AION token sale. In exchange, the remaining AION tokens owned by Nuco Global** will be transferred to these shareholders over 28 months, based on their ownership percentage in the Nuco corporate entities.
This restructuring will allow for the launch of new strategic Aion ecosystem initiatives, including many new 3rd party companies and products; some of which have already started and will be announced in the coming months.
Later this year, we will be also publishing a more thorough description of the Foundation’s governance, operating structure and procedures. In addition, we look forward to kicking off our voluntary quarterly reporting process later in 2018.
We look forward to further discussions about our new governance model, and we hope to set a leading example for the rest of the industry to follow.
* Aion Foundation public key: 0x0e24D8Fcdf0c319dF03998Cc53F4FBA035D9a4f9
** Nuco Global public key: 0xb493c9C0C0aBfd9847baB53231774f13BF882eE9

[windave]

For those who haven't seen it yet, really great interview with Matt earlier this week that takes a very deep dive

https://youtu.be/hF0xJ3InFPY

[DogTheHunter]

I will buy a lil position of WAN too... but I think AION is the big boomer here, Teeka has been a genius in the past with his picks and he is deeply in love with AION .

[windave]

Good times ahead.

https://markets.businessinsider.com/news/stocks/aion-announces-ian-chan-as-senior-executiveian-chan-formerly-of-deloitte-joins-aion-to-lead-operations-scale-ecosystem-build-brand-1027391579

[windave]

We're pleased to announce that Aion Network has partnered with Amberdata who will provide real time analytics and monitoring tools, read our blog post here: https://blog.aion.network/aion-network-partners-with-amberdata-to-provide-real-time-analytics-and-monitoring-tools-5a840e0169ae

[windave]

Ian Chan joins Aion Foundation

https://blog.aion.network/ian-chan-formerly-of-deloitte-joins-aion-to-lead-operations-fbb6e646fdd3

[windave]

Veritransfer POC on Aion, coming this 2018.

http://www.globenewswire.com/news-release/2018/07/12/1536715/0/en/VeriTransfer-Unveils-the-First-Known-Proof-of-Concept-for-a-Blockchain-Enabled-Firearms-Licence-Verification-and-Ownership-Transfer.html?culture=en-us

[windave]

Velocia launching on Aion Network this Q3

https://www.reddit.com/r/AionNetwork/comments/91bi37/velocia_token_velo_launch_coming_q3_2018_pilot/

[windave]

Shots fired by our main guy Matt Spoke

https://www.reddit.com/r/CryptoCurrency/comments/91vsy0/why_does_this_industry_reward_2nd3rd_time_crypto

https://twitter.com/MattSpoke/status/1022219859101249536

[windave]

Finally, a video walkthrough of how to start mining on Aion!

https://youtu.be/Z9D_REj6reE

[windave]

What’s It Worth?
In the 1980s, if I asked you how much TCP/IP is worth, you’d look at the number of potential devices that could be connected … and probably reply “not much.”

It was easy to say the same thing about Ethereum two years ago. The question then was what’s the worth of a decentralized protocol that can build blockchain applications?

At the time, there was very little blockchain development taking place. So, the majority of investors thought Ethereum was wildly overvalued at $1 billion. Two years after I recommended it, its value would hit a high of $140 billion.

When I wrote my initial report on Ethereum, I called for a $30 billion valuation within two years. I can’t print the names people called me for making that prediction. I’m prepared to face the same type of scorn when it comes to Aion.

At a current market value of $230 million, I think relative to its potential, Aion represents a phenomenal opportunity to take a trivial amount of money and turn it into an enormous amount of money.

By the first half of this year, Aion will have a functioning token bridge and interchain communication with Ethereum. This successful launch of a functioning cross-chain platform will be huge market news.

We expect sentiment in the broad market to be much improved by Q2. As such, the successful launch of Aion’s first working bridge could easily 10x the token price. That will take the coin from $2.50 to $25.

Over the next two years, if we see the kind of rapid adoption I believe we will see, then Aion will move up by at least 20x. That puts the price closer to $50.

Over the next five years, if Aion can cement itself as the most popular solution for connecting blockchains, then I think its value will mimic Cisco’s in the late ‘90s.

At its peak, Cisco had a value of $515 billion. That was equal to 10% of the entire $5 trillion internet sector.

As I wrote earlier, if we use today’s crypto ecosystem value of $330 billion as a baseline, that would peg the potential value of this project at $33 billion.

Based on the current amount of tokens outstanding, that’s enough to turn a $400 investment into $111,000.

[europesss]

Today apple hit $1 trillion mkt cap (already $200bn + buyback done) n next gen blockchain investors are crying .

[coinfinder000]

I can't wait for the giant green candle we will see when everything they've been doing gets announced. It will be epic!

[mriansa]

in my opinion, AION when launching its mainnet is not like tron, which can make an uproar where exchange and trading volume increase rapidly, but hopefully AION can be a good cryptocurrency.

[paijo90]

Aion is a not-for-income undertaking by means of Nuco worldwide that has four main aggressive advantages:

The Tech
Aion is developing a protocol and bridging device on the way to permit transfer of fee and logic among blockchain networks, like what TCP/IP protocol and routers did for remoted intranets in the 1990's.

Aion will permit interoperable dApps which can make changes on one blockchain based totally on modifications on others. for instance, an access on a hospital's blockchain approximately a clinical system ought to trigger a dApp that verifies insurance on an coverage blockchain and then triggers fee on a financial institution's blockchain. other interoperability initiatives simplest are seeking to make interoperability possible between and among their personal networks, or switch price however not common sense.

Aion plans to release its first interchain bridge soon--a decentralized token bridge (technical documentation; video rationalization) to convert Aion ERC20 tokens on Ethereum to local Aion coins on Aion's upcoming most important internet. One-off bridges connecting Aion with Ethereum and other personal and public blockchain networks will be advanced and examined on an ongoing foundation, main as much as the discharge of Aion's time-honored bridge in segment three (currently projected for release in 2019).

Aion's virtual system (AVM) is being built for pace and efficiency. The FastVM (the current release) has already accomplished primary velocity and performance improvements over Ethereum's virtual device in benchmark assessments. Aion's test internet is grinding thru big transaction numbers in strain assessments. you can see the take a look at internet in motion live on Aion's dashboard and explorer. The AVM (projected for release in segment 2 later this yr) will reap even quicker transaction speeds through parallel transaction processing (that's like going from a one-lane street to a sixty four-lane superhighway).

The AVM will permit customers to generate custom, Aion-well suited "spoke" chains linked to Aion-1 (the principle public "hub" blockchain). this indicates quick and simple blockchain introduction tailored to a user's unique blockchain infrastructure desires (like privateness and pace). Spoke chain generation is likewise projected to be launched in phase 2 later this yr.

Aion's spoke chain capability will also address scalability because aid-extensive dApp operations can be off-loaded from Aion-1 (or different blockchains) to spoke chains. as an instance, believe if maximum of the CryptoKitties dApp's breeding and buying and selling operations have been done on its personal chain before the very last state records have been stated back to the Ethereum network to keep away from community congestion.

The preliminary major net launch utilizes a modified proof of work consensus set of rules and rewards can be earned by mining. On Aion-1 (hybrid consensus release in segment 3, 2019), validators/nodes will get hold of rewards for processing transactions and validator backers (Delegated evidence of Stake stakers and proof of Intelligence solvers) will earn rewards via assisting the validators. Aion bridges may even have their personal distinct network of validators and fee distribution systems. The PoW and hybrid consensus releases will coexist thru bridging, so Aion's coin supply will exist on and among each chains.

the discharge date of Aion's main net will be announced quickly, and may fall before the end of April. extra details at the tech are to be had in Aion's white papers (with greater technical papers to be launched later inside the roadmap) and on Aion's forum.

The crew
Aion's group contributors were building blockchain networks for authorities and corporation clients for years--and now they are constructing one for themselves.

Founder Matt Spoke is CEO of Nuco worldwide, a blockchain infrastructure corporation whose clients consist of TD bank, the Ontario government, and TMX organization. Co-founder Kesem Frank talked about some of this work at FFCON18 recently.

before that, Matt co-based Deloitte's blockchain team, Rubix. Matt is a Founding Steward of the Muskoka group with Ethereum Co-Founder Joe Lubin and Don and Alex Tapscott, and a Founding Board Member of the corporation Ethereum Alliance. Matt has been appointed as guide to the Ontario Securities fee and Ministry of Finance.

Aion's advisors consist of Ethereum Co-Founder Anthony Di Iorio and TMX institution's vp of Innovation & company delivery, John Lee.

Aion's growing team of 35+ already has double-digit engineers and is planned to double in size before the quit of the 12 months. Aion will soon have groups in Shanghai, Barbados, and Romania in addition to their new, larger headquarters in Toronto.

The Partnerships
Aion's listing of partnerships consists of Fortune a thousand agencies (Moog), leaders in finance (Deloitte), and other blockchain initiatives (Icon, Wanchain, SONM, Metaverse, Enigma, Bancor, Bitt, and SingularityNET). additional partnership announcements are anticipated within the coming weeks and months.

The Message
The Aion group is within the center in their world excursion and laser-targeted on organising a network of developers to construct on Aion and corporations who can use Aion to build their personal blockchains and connect with other public and personal blockchain networks.

might also 2018 goes to be a specifically large month. AionEX is Aion's inaugural builders convention on can also 2 in Toronto. This leads right into EDCON, Ethereum's community developers convention may 3-5 in Toronto, which Aion is super Sponsoring and at which Matt Spoke is a speaker. In mid-may, Matt also plans to talk at Consensus 2018 in NYC.

TL;DR - The Tech is certainly subsequent-technology. The group is top-notch. The Partnerships are mind-blowing. The Message is spreading worldwide.

--And Aion's just getting commenced--

The capacity community impact can not be overstated. Aion may not corner the interoperability marketplace completely, however it is poised to dominate, in particular within the North American and corporation markets.

[cryptomining]

Hopefully Aion will deliver some awesome news and we temporarily buck the btc trend. I almost said that without laughing.