Aeternity makes smart contracts more decentralized with Oracle technology

in #fundition6 years ago (edited)
With the progress of the times, fast, safe and decentralized transactions are needed in the progress of the economy and digital industry, with blockchain technology through smart contract platforms from ethereum, aeternity developed blockchain technology that is transparent and decentralized with Oracle technology, which we know has long been a technology Oracle is used in the crypto world but rarely uses Oracle's advantages, one of which is the speed of transactions in Oracle machines and decentralized and the secret of making many people and even large companies use this technology to create crypto transactions.

One of the aeternity with its smart contract platform that carries the "Proof of Work" PoW algorithm or better known as the algorithm from work with fast and anonymous transactions makes workers get immediate results from their performance as fast as lightning.

This technology will be developed - it becomes one of the technologies to overcome crypto currency problems where many large transactions occur pending transactions so that there are many complaints by users even the transaction fee becomes large because of the increasingly heavy work of miners to confirm large amounts of transactions in blocks , but with Oracle technology stretched by transaction aity can be done at speeds exceeding the speed of light so that transactions are more comfortable because of the speed in making transactions that are safe, confidential and decentralized. Even this technology can also be used with mobile and web with new algorithms so that mining can be carried out efficiently through your smartphone.

Even why aeternity uses smart contract platforms from ethereum, like other platforms that use smart contracts as access to make it easier to analyze and guarantee security.

• Only parties "are caught knowing about the smart contract

• Only parties "who have an open state channel that can make a valid contract

• Any change in agreement or code change is signed by both parties concerned with the contract

• This will only be forwarded to the blockchain if the results are disputed, provided that this code has only been saved as part of the transaction submitted, never in other circumstances.

• If this happens, the blockchain will distribute the tokens according to the contract and close the channel.

It is time for us to use newer technology with features that provide speed in transactions and features that support mining integration through smartphones where there is no blockchain technology that has this technology even in the contract platform itself. Aeternity will prove it to people who are enthusiastic about the future of blockchain technology that Oracle is able to provide needs that many miners complain about

“Fast as fast as lightning, confidential, full security, centralized and transparent”

@oracle-d

Reference :

Source Posts

For more details about the aeternity project you can directly visit their official website,
http://www.aeternity.com/

Or contact via official social media aeternity:

Facebook: https://web.facebook.com/aeternityproject/?_rdc=1&_rdr
Twitter: https://twitter.com/aetrnty
Telegram: https://telegram.me/aeternity
Github: https://github.com/aeternity

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