AERGO REVIEW

guchi (37)in #aergo • 6 years ago (edited)

WHAT AERGO IS REALLY ALL ABOUT
AERGO tries to leverage and broaden both public and private blockchains, supported by modern cloud architectures. The platform hopes to make a technology and operational framework that supports an ecosystem of (dApp) developers, curated cloud delivery partners, and enterprise organizations. In fact, the project aims to create a platform that enables each party to make innovative and trusted business services. It plans to be a distributed modern ecosystem built around a high performance, secure and simple to use the public blockchain.
There are challenges that led to the birth of this project, and they include the following;
1.Lack of reliability
2.High volatility in transaction fees
3.IT integration difficulty
4.Software development difficulty
5.Privacy issues
6.Scalability problems
7.Interoperability constraints.
The fundamental tools that solve the above-mentioned tasks are AERGO SQL, AERGO Virtual Machine, AERGO File System, AERGO Bridge, consensus-building algorithm DPoS, Sidechain.
The platform expects to give and bolster a developer friendly, feature-rich, multi-paradigm and consistent plugin-based smart contract infrastructure for programming every business usage. Making “design”, “deployment”, “usage” and “management” are key outline standards for the AERGO project.
The core elements of AERGO Platform.
1.AERGO CHAIN: a public internet of blockchains.
This is viewed to be an open source blockchain operating system. It is a proposed new protocol consisting of a global public decentralized network of enterprise blockchains kept running by node providers. It intends to contain AERGOSQL, a new canonical smart contract engine to effortlessly make advanced smart contracts to enable innovative business products and services.
2.AERGO HUB: the public interface into the underlying AERGO Chain
This is conceptually the same as methods found in current public cloud web services that plan to work with and connects secure dApps with AERGO Chain. The dApps that are made are proposed to be stored in one of two repositories:
AERGO Public Repository: This is a shared, open and decentralized underlying infrastructure for dApps.
AERGO Private Repository: This is a controlled, secure and private infrastructure for dApps that plans to accomplish access control, application security and performance, data compliance, and in addition to the quality of service (“QoS”) that are required for enterprise IT systems.
3.AERGO MARKETPLACE: a proposed one-stop shop for software applications, computing resources and other services optimized for AERGO Chain.
This will work as a business and partner ecosystem. We intend to give an extensive variety of digital capabilities that can be used to create and deploy innovative blockchain solutions.
AERGO Marketplace software, computing, and other services are proposed to keep running on or work with AERGO Chain as part the ecosystem that supports the AERGO Platform. These partner services are gotten to by means of the AERGO Hub public interface and are intended to be overseen through AERGO Horde.
AERGO Token
AERGO, a proposed utility token to operate on the AERGO platform, aim to grant the holder the privilege to certain services accessible within the AERGO ecosystem and as well to serve a multitude of different functions.
TOKEN DISTRIBUTION
Proportion of Tokens for Sale: 30%
AERGO community incentives and strategic partners: 30%
Reserved by token issuer: 25%
Advisors and key backers: 10%
Employees of token issuer and affiliates: 5%
USE OF PROCEEDS
R&D: 40%
Ecosystem incubation: 30%
Marketing: 15%
Strategic alliances and business development: 10%
Miscellaneous: 5%
ROADMAP