Aion is the first platform to connect public blockchains not only to other public blockchains but to private enterprise blockchains as well. Aion is a third-generation blockchain network that will enable any private or public sector blockchain to:
Federate: Send data and value between any Aion-compliant blockchain and Ethereum Scale: Provide fast transaction processing and increased data capacity to all Aion blockchains Spoke: Allow the creation of customized public or private blockchains that maintain interoperability with other blockchains, but allow publishers to choose governance, consensus mechanisms, issuance, and participation.
Aion-1: At the root of the Aion network is a purpose-built, public, third-generation blockchain called Aion-1. Designed to connect other blockchains and manage its own applications, Aion-1 also provides the economic system that incentivizes interoperability in the ecosystem.
AION tokens are the fuel used to create new blockchains, monetize interchain bridges, and secure the overall network. The AION token is initially being offered on the Ethereum blockchain as an ERC-20 token. As soon as the Aion network is operational, these ERC-20 tokens can be seamlessly converted to AION network tokens and will continue to be able to flow freely back and forth between these two blockchains.
Can you explain to me whats the difference between aion and wan?
What is 3th generation?
Originally Posted by TechModz
Can you explain to me whats the difference between aion and wan?
In simple terms, AION focuses more broadly in every aspect, WAN focuses only on finances.
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Originally Posted by Fujiyama
What is 3th generation?
1st was Bitcoin (paper transfer)
2nd was Ethereum (computer)
3th is AION (Internet)
U get it? Ethereum is closed off and cant interact with other blockchains right now like NEO and EOS.
I Still Don’t Quite Get The Grasp Of It.
Maybe @Allura Have Some Insider Info On This?
Originally Posted by -Love
I Still Don’t Quite Get The Grasp Of It.
Maybe @Allura Have Some Insider Info On This?
What do you not understand, maybe I can help with it.
So.. Aion Can And Will Be Able To Interact With The 2 Earlier Generations (like Bitcoin and Ethereum)?
Even Though Some Of Them Is Closed Off Like Ethereum?
Originally Posted by -Love
I Still Don’t Quite Get The Grasp Of It.
Maybe @Allura Have Some Insider Info On This?
Lol.
Originally Posted by -Love
So.. Aion Can And Will Be Able To Interact With The 2 Earlier Generations (like Bitcoin and Ethereum)?
Even Though Some Of Them Is Closed Off Like Ethereum?
Bitcoin is considered not compatible because it does not have smart contracts. But almost every blockchain that supports smart contracts should work. Like Ethereum and Cardano or whatever cool blockchains out there.
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Yes closed off blockchains will work, like Ethereum