ÆTERNITY MOONING (APRIL 2018 crypto-news)!

Words
401
Reading
2 min
Listen
Play
8y

I was trying to find out if any altcoins actually "mooned" spring 2018, and ÆTERNITY (AE) ACTUALLY DID MOON!!! (and ÆTERNITY is still going strong now at the end of April 2018)!!! There is a lot of speculation on what cryptos might "moon", but not much written about the few altcoins that do "moon" so here is something:

ÆTERNITY.jpg
Chart Source:
https://www.cryptocurrencychart.com/chart/AE4/price/USD/linear/2018-01-02/2018-04-30

Why is this happening?

To be honest I am not sure, they seem to offer the same things as many other altcoins, and it feels to me like they are trying to compete with Etherium, they have smart contracts that are scalable and they use some kind of tech they call "The Oracle Machine" not sure how this works, but maybe someone out there wants to talk about this in the comments?

They also seem to have their smart contract transactions "off the blockchain" and this allegedly makes them more private because they are not saved forever...? Not sure how this works either, but it makes this blockchain faster they say...? I guess you can call that optimization? But wouldn't this compromise the integrity?

I am going to keep it simple on the details and let the technical experts feel free to explain these things in the comments!( sorin.cristescu@sorin.cristescu, tspink@tspink ??? 😊 Edit: tspink@tspink made a whole article further explaining everything in great detail, please check it out here!)

1*dxgYdik4gSFcCyD6V1KASw.jpeg
Yanislav Malahov

Yanislav Malahov


The funder of Æternity is called Yanislav Malahov, and he is one of the original creators/developers behind Etherium, I am suspecting this might have something to do with the increasing popularity and price increase of Æternity (AE).

The project is located/registred in Lichtenstein a small country and tax-haven in central Europe with similar banking laws to Switzerland, with even stricter privacy (or so I heard) ...

æternity is a new blockchain technology, designed to deliver unmatched efficiency, transparent governance and global scalability.

Source: https://www.aeternity.com

It would be fun to hear what people here on steemit.com think about this project?


• Anyone invested in ÆTERNITY?
• Experts please feel free to comment and teach us more about this project!!!

Oh yeah, ÆTERNITY are intelligent enough to be here on steemit: aetrnty@aetrnty!!!
So go there and show them some love !!!

Cheers and thanks for reading my post friend!
(I have to post this now before it is yesterdays crypto-news 😊 )

Follow! Upvote! Resteem!

Source material and more reading:
https://en.wikipedia.org/wiki/Æternity
cryptocurrencychart.com