Source. Crypto Info.com
What is Aeternity?
æternity blockchain aims to address fundamental challenges that have become major problems for earlier versions of blockchains. By redesigning blockchain technology at the basic, protocol level, the æternity developers and community has made steps towards creating a blockchain that has high bandwidth transacting, purely-functional smart contracts and decentralized oracles.
The fully open source æternity protocol is backwards compatible, so it can support anything that first generation Smart Contract platforms can, as well as innovative new products such as games, payments, identity recognition, decentralized finance, supply chain management and more.
The æternity network is governed by miners, token (AE) holders and the protocol's developers.