Æternity Price

Æternity can be defined as an open-source blockchain and smart contract platform designed for extreme scalability and efficiency in decentralized applications (dApps). The platform is constructed to leverage next-generation public blockchain technology, which promises to improve transaction throughput and efficiency significantly.

At its core, Æternity aims to simplify the development of decentralized applications through a series of innovative features. These include:

• Highly Scalable Smart Contracts: Æternity employs off-chain smart contracts, which utilize real-world and real-time data through interaction with built-in oracles. This allows applications to function more efficiently while providing a level of transparency that traditional systems often lack.

• Blockchain Oracles: These oracles enable smart contracts to interact with external data sources, effectively closing the gap between the blockchain and the real world. This capability ensures that actions taken within smart contracts are based on real-time information, enhancing their practical applicability.

The ambition of Æternity is to create a seamless environment for developers to build decentralized applications that can accommodate the rapidly increasing demand for blockchain capabilities.