What is Aeternity?
Applying the P2P mechanism, Yanislav Malakhov created an open-source, digital-asset and shared computing project, which is now famous as Aeternity. Platform support sidechains and combines PoS and PoW. Alternatively to GPU or CPU, Aeternity’s mining is processed by Decentralized RAM. The platform makes real the interaction among smart contracts and real-world info via “oracles”. The aim of Aeternity is to lower fees and add extra safety layers to the existing mechanisms and smart contracts. As of March 2019, the Aeternity’s market capitalization was $117 million.