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IMPRINT

Aeternity Establishment
Landstr. 123
FL-9495 Triesen

info@aeternity.com
PEID / Steuernummer: 2528358

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  • æternity

    blockchain

    "to unlock the Internet of Value"

     

    Lightning Smart Contracts. Turing-Complete State-Channels.

    Decentralized Oracles.

     

  • ⚡ (en)lightning smart contracts on global scale

    Hello IoT, IoV, FinTech, Video Gaming, The Unbanked, Trustless Exchanges, and Instant Micropayments!​

    We believe in relentless evolution of systems and societies

    æternity's goal is to push the boundaries of innovation and make our blockchain the enabling technology of your venture.

    To make this happen we need scalable, efficient and governable technology

    Numerous æpps can be enabled through æternity to bring real world use, allowing highly-parallelized value flow through a blockchain network on a global scale - without compromising its core values.

  • Whitepaper Wordcloud

    Read our scientific whitepaper

    Æternity blockchain - The decentralized, trustless and purely functional oracle machine

     

    And subscribe to our newsletter...

  • 💡 Innovation

    Standing on the shoulders of giants

    The real world meets blockchain

    oracles. oracles everywhere.

    æternity is more powerful then just 'turing-complete'. It enables decentralized oracles on a global scale with its uniquely integrated oracle machine, something which has never existed before!

     

    With other blockchains an oracle is typically a single-point of failure, therefore bad for decentralization. æternity’s oracles are decentralized.

     

    Purely-functional smart contracts

    our smart contracts are different​.

    æternity’s smart contracts exist only in state channels, like pure functions. Users interact in instant sidechains with each other, code and smart contracts touch the blockchain only in case of disagreement, acting like a self-arbitrating crypto court.

     

    This results in a significant improvement of throughput and privacy, while being still completely trustless.

    Unique take on efficiency & governance

    we are all about efficiency.

    The æternity blockchain is designed to offer unmatched efficiency, governance and scalability.

     

    In æternity every user stakes and is incentivized to stay online. Consensus is achieved via a novel hybrid Proof-of-Stake and Proof-of-Work algorithm, which will be the topic of the second æternity whitepæper.

     

    Industrial grade code base

    rock-solid foundation.

    Our core blockchain code is written in Erlang, which makes it easy to write distributed, fault-tolerant, soft real-time and highly available non-stop applications.

     

    Erlang is the perfect choice to write a blockchain from scratch allowing to achieve superior operational stability and performance.

     

  • ■ ■ ■ Blockchain Technology

    A blockchain architecture that is scalable, governable and scriptable

    AE TOKEN

    AE are the access tokens to the æternity network and act as a unit of account for the resources spent on æternity.

     

    Furthermore, æons are the energy for any application implemented on the platform.

     

    The initial amount of AE for the genesis block will be determined by a smart contract on Ethereum.

    SMART CONTRACTS

    State channels enable highly scalable, trustless transactions of value and purely functional, easily verifiable turing-complete smart contracts.

     

    State channels effortlessly support an immense throughput of transactions. The execution as well as settlement happens off-chain.

     

    In other words: They are one-to-one- sidechains, where the blockchain acts as a public crypto court.

    ORACLES

    A crucial feature for most contracts, whether encoded as text or as code, is the ability to refer to values from the environment.

     

    The æternity Oracle Machine provides real-world data to the blockchain.

     

    Each user can ask questions about the environment. Everybody can answer. The consensus mechanism comes into play in case of disagreement.

    NAMES (DNS)

    In the vein of Aaron Swartz’ work and Namecoin, æternity features an easy to use name system, that is both decentralized and secure, while still supporting human-friendly, memorable names.

     

    The blockchain’s state includes a mapping from unique human-friendly strings to fixed-size byte arrays, which are individually customizable.

    ACCOUNTS & IDENTITY

    æternity's accounts are permission-less, but still allow customization via schema.org's semantic web scheme.

     

    Create and own your identity on the æternity network - then use it everywhere on the web!

    BLOCKCHAIN NETWORKS

    æternity technology is free to use and easy to incorporate. ​

     

    MIT-licensed modules will allow easy implementation in blockchain consortiums and will enable free and open access for developers to be able to build on the æternity platform.

     

    Cross-chain atomic swaps do the rest.

  • æpps and use-cases for æternity's smart contracts

    An excerpt of what can efficiently be built on æternity, the sky is the limit!

    Information Markets

    Latest efforts within the field have seen many developers create decentralized prediction markets which combine the best efforts of what academics call a workable theory, in order to facilitate decision making and pointing outright where the markets heads to.

     

    On the same principle as with micropayments, æternity brings prediction markets to the next level!

     

    The technology allows prediction market smart contracts right out of the box. From simple gambling, up to monetized weather predictions and event contracts.

    Decentralized Fintech

    Infinite scalability, instant payment functionality and Oracle prediction enables us to automate financial transactions that involve large amounts of parameters with any number of concurrent users.


    One of numerous things we can create with this is a new way to fund projects or even governments. A system, in which the funding is only unlocked upon completion of one or more selected events.


    Additionally it can be set to only unlock funds, if the outcome that is to be reached with the funding, is predicted favorable by the Oracle.

    Crowdfunding Projects

    How about crowdfunding using dominant assurance contracts? These specific smart contracts can be used to raise money for your projects and, at the same time, secure contributors against failure. If a project is unsuccessful, all participants get their contributions back.

     

    Using an oracle, æternity can additionally ensure that the provider of the good or service only gets paid after delivery.

    Trustless Exchanges

    The ability to exchange tokens is an essential part of a thriving ecosystem, providing for efficient cooperation and transfer between different blockchain projects.

     

    aeternity allows for cross-chain, trustless atomic swaps, for example between aeons and Bitcoin as well as many other assets.

    Instant Video Game Rewards

    Gaming is a huge, steadily growing industry especially in the blockchain ecosystem with its obvious advantages; Users are in full control of their in-game transactions, which means fees are kept to a minimum with no intermediaries. A fraud resistant network and irreversible transactions provided by blockchain technology deliver trustless and secure interactions.

     

    From simple games to high-end eSports titles, with æternity, users can rely on secure and instant transactions, sit back, and enjoy their gameplay.

    Micro & Nano Payments

    The payments market is highly competitive and, at the same time, offers countless innovation opportunities to streamline today’s confusing and ineffective ecosystem.

     

    æternity's unique way of handling transactions brings this to the next level by handling payments off-chain via state channels. This allows them to go through instantly, while retaining your privacy.

    you heard that right, instantly!

     

    Imagine banking for the unbanked, content monetization, paid API calls, decentralized live video streaming and a lot more.

  • ∞ Join æternity

    Open source opportunities on global scale

    State of development

    By having our technology design put on paper, we want to present our mission as transparently and detailed as possible to you.

    Meanwhile æternity's development is already in progress, so please check out our Github.

    Next steps

    A first testnet is in the making, to give you a taste of æternity and have your feedback from the very beginning. And you can watch us building it at Twitch.

    Also, a detailed roadmap is in the pipeline and step by step we will extend our public presence to be more accessible.

    Community

    Become a part of æternity and the next-generætion blockchain. To start off chat with us on our public gitter chat or drop us your email.

  • We are humæn

    Crypto believers and true experts in each of their fields, who have taken on the challenge to build æternity.

    Yanislav Malahov

    Founder

    Having exchanged ideas and pursued blockchain endeavors with many of the greatest minds, Yanislav is a true veteran of the blockchain space.

     

    The "Godfather of Ethereum" envisioned in 2013 to have powerful algorithms on blockchains. Now, with æternity, a new version of his vision is becoming reality again.

    Zack Hess

    Technical Lead

    Zack writes blockchains and is a true visionary. His first "basic coin" was the attempt to write the most compact blockchain.

     

    Years later, after having worked for Augur and built a few other blockchains from scratch, he is now leading æternity's technical implementation.

    Jack Pettersson

    Science and Technology

    Computer science and blockchain enthusiast, looking for ways to combine the two. Advocate of functional programming and expressive type systems. Previously worked for Synereo to develop the language and VM of their blockchain, and spent his master's thesis arguing for the use of dependent types in smart contract development.

     

    Marion Vogel

    Marketing & Operations

    Being intrigued by the magic of blockchain technology since early 2014, Marion is especially interested in connecting the dots between technology and the growing community. Research on the socioeconomic impact, spreading the word and taking care of handling æternity's operations efficiently is where she performs best. Previously she worked in marketing & business development in Silicon Valley.

    Nikola Stojanow

    Business Development

    As a multi-national manager with experience working in Germany, Eastern Europe, MENA, Asia and Pacific, Nikola is the go-to person for Business Development and New Market Entry. He has developed and consulted numerous international projects for almost a decade and has now been introduced to the unlimited possibilities of blockchain technologies.

     

    Lior Zysman

    Law and Regulation​

    Lior is a corporate lawyer advising startups and investors in the blockchain space.

     

    He is working on decentralized autonomous non profits (Runner-up at Consensus 2016 Hackathon), and is cofounder of the "DAO Tel Aviv" meetup group. Lior holds a Bachelor of Law and a B.A. in Business Administration, from Tel Aviv university.

     

    Dan Verowski

    Blockchain Advocate

    Born and raised in Berlin he started working as a Scrum Master in 2011, later becoming a Business Analyst, interfacing splendidly between thankful developers and content clients.


    Blended with his fast growing knowledge and interest in blockchain technologies and the Fintech industry in general, he supports the project management pillar of team æternity.

    Louis Chang

    Creative Advisor

    Louis Chang is Co-founder and Creative Director of Proof of Work, The first creative design and communication agency working specifically with Blockchain companies.

    Particularly interested in Human computer interaction, design, education and behavioural patterns. Louis has a 12 year creative pedigree working for agencies such as Ogilvy, Saatchi and Saatchi, Blast Radius and JWT.

     

    Louis Chang

    Creative Advisor

    Louis Chang is Co-founder and Creative Director of Proof of Work, The first creative design and communication agency working specifically with Blockchain companies.

    Particularly interested in Human computer interaction, design, education and behavioural patterns. Louis has a 12 year creative pedigree working for agencies such as Ogilvy, Saatchi and Saatchi, Blast Radius and JWT.

     

  • Don't miss out

    Space ship launching soon.

  • ∞ In a nutshell

    æternity is an elegant & robust blockchain - scalable, resource-efficient and developer-friendly

    Our Tech

    Our technology delivers an innovative approach to smart contracts, oracles and value exchange via off-chain state channel management.

     

    æternity is based on a hybrid Proof-of-Work and Proof-of-Stake consensus mechanism that lets every user stake, while leveraging the wisdom of the crowds and the oracle in a decentralized way.

    Our Goal

    We aim not only to deliver a rock-solid blockchain implementation, but also a basic set of æpps bringing real use cases to the network and make them accessible from day one.

     

    We believe in decentralization and math for a better, fairer society. The time for æternity is now!