Hello steemians,
Today am gonna make a quick overview of the blockchain and crypto space as well as a new technology/platform[AERGO] which I believe will definately disrupt the crypto space as well as serve as a major upgrade for the capabilities of BLOCKCHAIN TECHNOLOGY
INTRODUCTION AND OVERVIEW OF BLOCKCHAIN TECHNOLOGY
The blockchain technology is a product of the internet invented by a pseudo personality known as SATOSHI nakamoto in 2009 to serve as an open space for cryptocurrencies to exist.In simpler terms,the blockchain is a cryptographic distributed ledger for storing transactions and hosting decentralised applications and currencies- amec 2018
The features of the blockchain technology has also made it possible for numerous businesses and tech start ups to kickstart their projects and ideas on the blockchain for implementation and developments.
The blockchain space has so far recorded enormous projects been built on it,but most of these projects find it difficult to fully execute their protocols as well as initiate future upgrades and developments of their projects.
Its evident that blockchain technology is in dire need of solutions to solve its own problems as well as make it more efficient for sophisticated operations and here is where the future generation technology AERGO built by BLOCKO INC[a leading blockchain tech company] comes into play!
WHAT EXACTLY IS AERGO
Aergo is a 4th generation enterprise ready blockchain protocol and ecosystem of dapps that will enable developers and various enterprises build and manage their own protocols on its chain.
In simpler terms,aergo is a friendly blockchain platform that will enable developers to easily run and efficiently deploy their decentralised applications on its secure protocol... Its basically like a medium through which new enterprises can establish their projects on the blockchain which is why it is referred to as the fuel of the blockchain
WHAT ARE THE MAIN FEATURES OF AERGO
Aergo has a really large ecosystem with a lot of features which all cant be discussed in this post for the convinience of my readers but I will talk on the most important features of aergo which are;
• AERGO CHAIN
•AERGO HUB
•AERGO MARKETPLACE
• AERGO TOKEN
AERGO CHAIN
This is a public protocol on the aergo platform that is set to operate on DPOS consensus by default but can be configured to run on other consensus mechanisms such as pos,pow to suit the requirements of its users.
Aergo chain is also designed to handle millions of transactions per second through a new smart contract system as well as scale up and scale out of blockchain networks in other to satisfy the requirements of enterprises which will be running on it.
AERGO HUB
The aergo hub is an open interactive avenue where developers,enterprise owners and related participants can easily access computing power to run their decentralised applications.
The aergo hub also interconnect dapps on the aergo chain and hosts it on free to use public and private chains to make it easy for developers to access them and work on this projects from anywhere either independently or jointly.
AERGO MARKETPLACE
The aergo marketplace is a shop for the utilities in the aergo ecosystem,computing resources,softwares and related services will be available for sale on the aergo market place.
In the same vein,the aergo marketplace is also presumed to be filled with participants such as software developers and potential enterprises which plan to build and manage blockchain projects on aergo.
It will not appear as a surprise to see a significant growing market of developers on the aergo marketplace.
AERGO TOKEN
The aergo token is the native and proposed utility token which interconnects the other components of the aergo ecosystem,aergo tokens have intrinstic value that comes from its meaningful use in the aergo ecosystem,such uses includes;
1=Running the smart contract (AERGOSQL
2=DPOS consensus algorithm payment method for Blocko’s technical support on Coinstack 4.0
3=medium of exchange and payment method for all the earlier listed services in the aergo ecosystem
The aergo private sale has been concluded with a total amount of US$28,832,654 been raised through the sale of just 28.8% of the total supply,there will be no ico in aergo but they have a token distribution event to reward over 3m$ to useful community members,more details can be found here and get started as an early adopter by registering here
The aergo token details and usage are as follows
Roadmap
Aergo also has a roadmap which contains details about project operation and execition as shown in the image below;
From the roadmap,we can deduct that some features of aergo such as the hub have not yet been deployed but will be available on/before Q3 2019.The good news is that their smart contract[aergosql] has already been deployed which means we will most likely see some early adoption on the aergo chain.
CONCLUSION: aergo is simply an upgrade[4th gen blockchain] in the blockchain space and am of the opinion that it will really make waves especially because of its dpos consensus and the possibility for projects to launch on its platform and easily select a consensus compatible for them as well as enjoy a mainnet integration without having to build it all from scratch which might result in an epic failure.As far as I can tell, I havent seen any other project propose or deliver these features which is exactly why aergo will surely do well.
For more info on aergo,kindly stay tuned as i will be making some more posts to explore deeper into aergo from time to time.You can also visit these useful links:
Official website
whitepaper
telegram chat
telegram ann
medium
github
twitter
THANKS A LOT TO EVERYONE FOR READING THROUGH,I HOPE YOU ARE MORE KNOWLEDGE ABOUT AERGO AS USUAL KINDLY FOLLOW ME AND RESTEEM FOR VISIBILITY....COMMENTS,CONTRIBUTIONS AND CRITICSMS ARE ALSO HIGHLY WELCOMED.
I am just hearing about this for the first time, it is worth looking into. But my concern the consensus algorithm.
Your review is quite interesting, I enjoyed every bit of it!
Resteemed!
Yes... It runs on dpos...and supports other consensus as well for enterprises.... Are they any possible complications...thanks for commenting
Wonderful..Thats really detailed. And this looks like a credible project to invest in. Hope to get more updates about it from you.
Yeah...watch out for my next series of posts this week...they will all be about aergo...thanks for the nice words
This is a really detailed "quick overview"
Posted using Partiko Android
Thanks a lot for stopping by
Yes AERGO is the 4th generation blockchain
i am glad to see its publicity going very far and well.
you did a great job
Its just a matter of time before aergo becomes the daily talk on the streets of blockchain...i also checked your review about aergo...its really impressive and cool
Upvoted.
Thanks man...
Aergo all the way! Nice write up
Thanks man... Appreciate ur time
wow this is cool and well ducemented.
Weldone @amec.
Thanks a lot @nuges
Aergo all the way!!!!.... glad to finally find Amec on steemit☺☺
Hahahaha... Nice to see u man
Thanks a lot for stopping by
Thanks for breaking down this big word blockchain , Aergo also a very nice project too! 4th generation blockchain😱😨
This is awesome! To the moon!!!🌛🌙🌕
I believe It will be a major competitor to a lot of thriving 3rd generation blockchains....thanks a lot for stopping by
Upvoted..
Thanks man
Heard about this project but I didn't have time to read through.. Thanks for breaking it down in simpler terms..
You welcome dear... Am glad i could help u.. And also thanks for stopping by
@amec will virtual goods such shoes and bags be sellable on the aergo marketplace
It is intended for just computing resources and related utilities but its possible for enterprises to integrate their business such as an online store on aergo and there you have it....aergo is open to a lot of improvement
Great one. Very detailed.
Thanks a lot for the nice words
Nice project
I have a better understanding of it now, thanks!
Aergo to the moon!
Am glad you have been impacted positively
hi @amec
I must admit that i've never heard about AERGO before. Thx for sharing your knowledge about this project.
I didn't hear from you in a while so I decided to check your blog to see if you're still active or taking a break.
Im glad to see tht you're still around. Obviously upvoted :)
ps. I wanted to ask you a question. You mind telling me what's your view on latest HF20 introduced on steemit? Did it affect you in any way?
enjoy your weekend buddy
Yours, Piotr
Thanks a lot for checking up on me man
I have been weak over the past month which turned to a minor illness... Am better already now tho
Thanks for the upvote... I will be making couple of more posts on aergo this month because am really passionate about it and i see it as one of the first 4th gen blockchain with a good headstart so i see it doing very well... The right time to get in is always when a lot of people dont know about it yet.
About the HF20.... Am fully in support of it and i love the idea... The upgrade has made steem more useful and valuable....if u look at my comments,u will see there is no spam anymore.... Steem is now for only those who are intrested in bringing meaningful value to the platform and to do that,they need sp which is cool... More steem will get locked now wch is healthy for price action.
I had to power up about 30 steem yesterday to make posts and conviniently comment on steem... With this new update... I see those that are intrested in the value of steem also powering up which is good for everyone
Soon steem will be a platform with just generic and organic users and thats just really cool to me🤓
Im very sorry to hear that you were sick @amec
Hope you will get back to helth asap.
Send me a link (email/telegram) once you upload your post about aergo. I would like to see what you have to say about this project :)
That is very true! Good point.
Yours, Piotr
OK... I will surely do that
Am almost done with the post
Wow this is great, the way you broke down the whole project is amazing. Goodluck brother.
Thanks a lot
Daddy issa guru!
Baby gurl... Thanks for coming around... Really appreciate