AION | The Third Generation Blockchain Network

in #ethereum7 years ago

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The first generation blockchains such as bitcoin were built as an alternative payment option which offered cryptographically secure peer to peer digital transactions which were and are still verified by decentralized global network of computers and recorded in an immutable public ledger

Then we had the second generation blockchains which were designed as networks on which developers built blockchain based applications with more advanced logic, the best example of this is ethereum which was launched in 2015.

The next generation of blockchains(third generation blockchains) will allow separate blockchains to communicate for the very first time. Think of this like a computer network providing a protocol and a standard for different systems to communicate, the implications of this evolution will be massive bigger than the proliferation of the internet itself, and the good news is we have AION as the key to unlocking that future.

The AION network is the worlds first third generation blockchain, with this technology it will be able to pass on information, logic and value among participating blockchains as freely as liquid assets on traditional blockchains, but where every transaction occurs on-chain.

A multi-tier blockchain system designed to address unsolved questions of scalability, privacy, and interoperability in blockchain networks.

The Network
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.

Sourse:https://medium.com/@cryptosh/aion-the-third-generation-blockchain-network-11752751bd92
Sourse:https://aion.network/

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Well done on that, it's a very good and welcoming idea.

 7 years ago  Reveal Comment