AERGO: the main features of an ultimate blockchain technology.
AERGO-blockchain key features.
In AERGO the parallel processing will be a big feature allowing to handle up to millions of transactions per second via side chains. That is a big claim without a doubt, and users will have to see the main net actually roll out to see if they can meet that claim.
The second key innovation is the AERGO hub this is essentially a hosting service comprising the services in tools like Oracle's and content delivery networks to be able to build, test run and deploy your own independent chain based on the AERGO chain. Essentially operating as the public interface of the chain and this will of course connect DAPs into the public chain as well.
Essentially they are seeing the AERGO hub operating in a similar way to AWS or Amazon Web Services now the third piece of the puzzle here is the AERGO marketplace. This is going to allow users to buy and sell computing assets like storage or computational power in a peer-to-peer marketplace. A feature-rich middleware layer will enable businesses to use their legacy software to connect which is a very-very important part of the puzzle here because it doesn't require businesses to go out and learn new software or throw away all their software licenses which they've probably spent a lot of money on. AERGO is trying to make this as easy as possible for businesses to onboard and to bring their legacy software systems with them.
A hint about AERGO tokens
The AERGO token itself will be the fuel of the chain running the smart contracts rewarding thus takers. This is a delegated proof of stake system and we used as a medium of payment for these services available in the marketplace things like customer support and of course buying computing assets.
In terms of the roadmap users are going to see a test net coming out in quarter four of this year main net Quarter I of 2019 which are both very encouraging timelines shows they're going to be delivering technology very soon. Things like the AERGO hub and the AERGO marketplace though will take a bit longer to deliver quarter III of 2019 for both of those.
The is role of BLOCKO?
BLOCKO is the parent company here a very important piece of the puzzle that is already offering private chain options for enterprise in Korea. This is a company with around 50 employees currently. Over all the people behind AERGO have an extensive range of experience in development and in technology we also have some big venture capital firms like FBG capital backing this as well.
The parent company BLOCKO also has a great list of partners including companies like Hyundai Motors. These companies are using BLOCKO's existing technology COINSTACK which is the private blockchain variant on offer from BLOCKO. But they're taking a step farther in deploying a public chain to help these private chains connect out to the wider world.
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