AION is another stab at the interconnection problem
that the blockchains of today face in garnering real world use and information
transmission. The basic principle is simple – blockchains such as Ethereum have
created the basal requirements for Smart Contracts and truly
computerized/digitized agreements between trustless parties. With AION,
blockchains such as Ethereum can freely transmit data from within their
contracts to outside of their chain and onto other networks entirely – with
AION serving as the intermediary between any two blockchains, the speed of such
a system will be far faster than traditional solutions as well as being truly
scalable to the world at large. Bearing in mind Ethereum’s average tx/second
betrays the fact that its horribly unfit to purpose.
While developements such as sharding , Metropolis, and
Plasma are well underway, this doesn’t mean that every blockchain will have
such capabilities. The need for a connective web of blockchains will become
apparent as it did for the Internet in the late 90’s – easy to use API’s and
bridging systems will be at the forefront of the new infrastructure of the
future.
The Aion blockchain network is like a computer network that makes it possible for dissimilar systems to communicate.
The Aion network will pass logic and value among participating blockchains as freely as liquid assets, where every transaction occurs without centralized intermediaries.
The Aion network will be centered on a public,
purpose-built third-generation blockchain called Aion-1. Designed to connect
other blockchains and manage its own robust applications, Aion-1 also provides
the crypto-economic system that incentivizes interoperability in the ecosystem.
On the topic of scalability, I’d like to take an aside
to discuss the problems of scalability more in detail. Essentially, in order to
make something faster or more efficient in a blockchain, you need to reduce the
decentralization aspect – you simply can’t have it all. The entire purpose of
blockchain technology that Bitcoin was originally based on was to make it very
inefficient – thus improving trust and reliability of the system. Ever wonder
why your transactions require up to 60 confirmations or more on some
sites/services? That’s the level of “inefficiency” that makes cheating the
system extremely difficult.
AION
make sure the data is transmitted properly from source point to destination by
its valuable key frame like infrastructures, protocols, and concepts. The value
of these technologies is that they enable one blockchain to transact with
another blockchain, as well as one blockchain to transact with every connected
blockchain. They have designed a sales structure that they believe
offers the right incentives and allows access to multiple buyers please visit https://aion.network
ICO Details
Symbol – AIONWhitepaper – Link
When – Q4 2017, with Presale October 3rd
How to Participate – ETH will be accepted in the sale.
Soft Cap – 15 Million USD
Hard Cap – 4 hour uncapped sale after soft cap (15M) is hit
Total Max Market Cap At ICO – (15 Million + 30 Million) multiplied by 5 = 225 Million USD for Public Sale.
Public sale accounts for 50% of total AION tokens:
Public Sale multiplied by 2 = 450 Million USD max market cap (provided 0 tokens are bought after the 15M soft cap).
Exchange Rate: Variable, based on pre-specified contribution caps based on time. Rates vary from 75 cents/token to 1 dollar/token
Total Tokens in Circulation At ICO – ~450 Million AION
For more
info Please visit
Website : https://aion.network/
Telegram : https://t.me/aion_blockchain
Facebook : https://www.facebook.com/AionBlockchain/
Twitter : https://twitter.com/Aion_Network
LinkID : https://www.linkedin.com/company/aion-networkreview by
BTT name :pageraji
https://bitcointalk.org/index.php?action=profile;u=1153822
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