When I first discovered AERGO, the only thing I remember thinking was 'wow' this is amazing, why has nobody ever thought of this.
Here’s how I look at it, AERGO is a full-featured platform that's out to give businesses all the tools and infrastructure needed to come up with, develop and ultimately deploy their own blockchain based dApps. If you think about all the benefits AERGO could provide to different enterprises, you would want to jump on their bandwagon now.
For example, the amount of coherence AERGO would provide to transaction-based businesses is off the charts, the platform would facilitate more seamless transactions thanks to its serverless architecture, AERGOSQL, a unique smart contract technology, and its horizontal deployment platform.
AERGO will also allow businesses and enterprises to operate transparently and in a trustworthy environment because, since all transactions or deals are recorded sequentially it becomes much easier to verify the authenticity of whichever data you might be looking into. This transparency also takes away the need for a central body or intermediary, who would not only slow down the process but also make it more expensive. Getting rid of the middleman will also in a way keep the user or customer's data more secure as they are always in complete control of it.
AERGO has a lot going for it but is it really a gamechanger. Let’s see some of its strong suits:
When the founding team came up with idea for AERGO they were hoping to develop a platform that was not only secure but also one that could always be relied upon. They wanted to give their users the best of both worlds - the ability to build upon the transparency and innovation provided by the permissioned blockchain and the high performance and deeper security levels made possible by the permisionless blockchain.
AERGO wants to build out the technology so it's easier for enterprises to switch back and forth depending on their needs for example companies can switch to a public chain when their looking for extra security or switch to a private chain when they're looking to double down on higher performance.
To design an entire distributed ecosystem that's not only easy to use but also rich in features.
AERGO's architecture is divided into three parts: the AERGO HUB, the AERGO CHAIN and the AERGO MARKETPLACE. The company is using a tried and tested platform to build out it's AERGO, it’s called COINSTACK.
COINSTACK not only enables AERGO to attain an open source nature, it also provides the foundation for the architecture models listed above.
The AERGO HUB
acts as a link - connecting different dApps within the AERGO chain and placing them in different repositories. In this case there's only two. The Public Repository a shared and open underlying technology designed for dApps and the Private repository which is a regulated and more secure platform for dApps. The private repository is also responsible for maintaining quality of service.
The AERGO MARKETPLACE
also allows to shop for computing resources such as CPU, digital identity blueprints and machine learning algorithms. Lastly the AERGO chain is the cake that holds everything together, it's the one that handles all the smart contracts as well as providing the necessary software’s.
Speaking of integrations: The AERGO chain has another card up its sleeve, the 'AERGOSQL platform' which is another revolutionary feature the users of AERGO chain are sure to appreciate. The AERGOSQL not only works great with the DPOS governance model to ensure privacy is maintained, it also speeds up transaction rates with each transaction boosting them to over a million TPS. The SQL type smart contract technology also allows for better integration amongst its users.
AERGO will distribute a total of 500,000,000 tokens. Of this number 150,000,000 (30%) will go towards the community incentivisation program. Each of the current 30,000 and plus members of the community are welcome to usefully participate towards bettering the AERGO ecosystem and benefiting other members in exchange for rewards.
The company has made it easy to get yourself some rewards.
All members of the community interested in the rewards will be required to submit all their social media accounts as well as your em@il, a 200-character description explaining how you understand AERGO and a list of URLS linking to any unique content or posts you may have created on platforms such as Reddit, Medium, Steemit etc. (this one is optional though). Once October 7th is here, all requests for submissions will be closed and the entries vetted.
A community vector analysis tool will be used to get rid of bots and scammy bounty hunters and then an in-house analyst team will be asked to check every submission to ensure they're all legitimate. This process is selective but don't worry if your work is perfect then you don't need to worry, you should be joyous in fact because if you're chosen among the 3,725 best, you will be incentivized as follows: $250 for each of the 2000 Tier-2 contributors, $500 for each of the 1000 Tier-1 contributors and $2000 for the 275 global ambassadors. The company has allocated $3,000,000 worth of tokens so you don't want to miss out.
Phil Zamani's article on medium
Company website
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All the views presented in this post are not sponsored, they are all personal opinions that have been developed by me in my time taken interacting with AERGO. This means that none of the references or points put across should be relied upon when making any form of investment or purchase decision.
To get the best out of your investments, it's best to either get professional advice from an investment firm or simply email the AERGO team via this email here - [email protected]. If this fails, just go with your gut from personal experience that hardly ever fails.
Thanks for reading and please
