AERGO: Showing You More About The Blockchain Fuel For Autonomous Business
Introduction
Hello Steemians,
What you'll be reading on this post is not something new, I already posted about them here and if you have been keeping up with the everyday buzz of the blockchain and cryptocurrency sphere, you will have heard about AERGO, the blockchain fuel, which is the 4th generation blockchain aiming to bridge the space between the crypto sphere and enterprise sphere.
Hence, I'll be giving a concise detailed review about them.
What Will AERGO Do?
AERGO is aiming to create an open source blockchain protocol that will be “enterprise prepared”. Using this advancement, developers and businesses would finally have the ability to design, develop, and build their application on the blockchain within the cloud, further providing users with the option of deploying these apps on either a public or private blockchains.
In their aim of being the next generation blockchain, AERGO will resolve the challenges of IT integration, software development, privacy, scalability, interoperability that are faced by existing blockchain.
It will provide features like SQL, reactivity, and isomorphic programming, while also introducing a new software stack consisting SQL, Aergo, and Meteor. This is implemented in order to create a platform where developers can easily develop and deploy decentralized applications (dApps) within the cloud at a high transaction speed but at a lower cost.
Why AERGO?
We are familiar with the sentence “Talk Is Cheap” meaning every project is as useful as to the problem it is solving. With AERGO, the problems of the existing blockchains will be solved. The main one being the inability of existing blockchain to properly encourage improvement of businesses based on them. AERGO will remedy this challenges by providing the enterprises and developers a platform where they can easily develop all they need to run their business smoothly. This offer these participants the option of selecting the kind of network they want to run their software on, be it private or public. This brings a lot of flexibility to their works.
Why AERGO Is Special
The AERGO platform may beat its competitors as it has a ready made market already, as the technology it is based on is already in use by millions of clients and has high level of adaptability, which is capable of accommodating the fastidious nature of this era.
They are not offering an experimental platform but a working platform that will provide solutions to all problems of the existing blockchains.
Simplicity is also guaranteed on the platform as users will not be faced with difficult computing codes but an easy language so as to encourage more users to enjoy the benefits of blockchain, while it also improves performance among developers.
AERGO Security Measures
In order to guarantee a safe network, the AERGO platform will use the deterministic Delegated Proof of Stake consensus algorithm. It is a reputation and stake based system that introduce trust and security to the ecosystem. A novel score based autonomous delegation algorithm will also be implemented to improve the quality of services.
Contribution AERGO Will Make To The Blockchain Economy
Even though the development and deployment of the viable blockchain technology is still at its early stage, it is no longer a secret that majority of the organizations of different sizes are mandated to integrate the distributed ledger technology with their business models very soon so as to remain relevant.
However if AERGO eventually succeed in bringing the permissioned and permissionless chain, enable organizations to develop and deploy their own personal blockchain application/software, then they will have contribute to the blockchain economy as its usage will be significantly throughout the business space.
AERGO WHITEPAPER:- https://www.aergo.io/paper/
TELEGRAM:- https://t.me/aergoofficial
TELEGRAM ANN:- https://t.me/aergoannouncements
TWITTER:- https://twitter.com/aergo_io
MEDIUM:- https://medium.com/aergo
WECHAT:- https://bit.ly/2MAGl5X
Join Here :- https://get.aergo.io/r/n9j56a0Xc84R
The is an awesome product but I need to know something, it's pretty much obvious SQL is a query language, usually used to interrogate data, since it is not a computational language. Where I'm going is I would understand SQL for the DLT, but how will it work for smart contracts?
The AERGOSQL canonical smart contract engine allows for coding smart contracts through SQL-like syntax. The coding language will not be SQL per se, but it will be a language with SQL-like syntax. We will allow for data interrogation using SQL for a more convenient way to handle data than key/value store.
Interesting to see that DPOS will still be a thing even in 4th generation blockchains. Too many projects have big ambitions with little to show so here’s hoping Aergo is different.
Lol, I know talk is cheap but what I feel about AERGO is real and I believe they will deliver.
Suddenly everyone is talking about the enterprises, it's not a bad thing though, adoption can be controlled or directed from the highest levels and we’ve seen many recent projects that seem to be talking about the same thing but with no real plan for how they intend to scale their user base. It will be interesting to see where this one goes.
Nice article
Major top tech players like Microsoft, IBM and SAP are also developing blockchain products in order initiate enterprise implementation, don't you think this will provide a stern competition?
Most of those are in initial stages of development, have no deployments or simply testnets. Aergo is a lot different in that regard.
I checked their Team and found out they have a successful track record when it comes to developing and scaling blockchain products. I'm bullish on this!!
At this early stage of development and deployment of blockchain application, what factor do you think could play into the hands of AERGO?
The team is made of the Blocko company who have strong and maintains a good balance between technical knowledge and expertise in business development and marketing and Most of those are applications in initial stages of development, have no deployments or simply testnets. Aergo is a lot different in that regard.
Safe network has been one problem I have encountered in the blockchain the use of deterministic proof of stake consensus algorithm could not sound any safer. Great stuff...
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Kokooluwa from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.
I'm finally happy that we can have an open ecosystem for third parties and businesses to associate and collaborate with each other.
I am highly impressed with blocko and their enterprise connections , they have big partnerships that will further aid AERGO's integration