Aeternity (AE) Price

What is Aeternity?

Aeternity is a new blockchain technology that is open source in nature. Launched in 2017, it focuses on solving the issues of security, scalability, privacy and transaction speed. Aeternity has developed three elements viz state channels, hybrid Proof of work and Proof of Stake and oracles, that make the blockchain available for mass adoption. A decentralized virtual machine is the key technology behind Aeternity. The Aeternity token is called AE and is used as a unit of account for the resources spent on the platform. Yanislav Malahov is  the founder or Aeternity

Features of Aeternity

  • Hybrid  Proof of work and Proof of Stake: Aeternity uses a hybrid consensus system between the traditional Proof of Work (PoW) and the Proof of Stake (PoS).
  • State Channels: It is possible to execute smart contracts off-chain with the help of state channels. The smart contract code gets enforced by the blockchain, only in case of a disagreement between the contracting parties.
  • Unique Governance: As the Aternity platform is governed by its stakeholders, it offers an ability to miners and token-holders who have a stake in the blockchain to make decisions together on proposed changes.

Where to buy Aeternity?

Aeternity tokens are listed on several exchanges like Binance, IDAX, Liqui, CoinBene and more. As on May 14, the market capitalisation of Aeternity 2018 was $881,427,898 while price of one AE token was $3.78.  

Aeternity Mining

It is possible to mine Aeternity tokens.

Aeternity Wallets

The AE tokens can be stored in any of the wallets that support ERC2 tokens like MyEtherWallet.

Price Trends

DateOpenHighLowCloseVolumeMarket Cap
5/30/20183.183.263.063.1274069900012293500
5/29/20182.983.242.923.1869361800013158300
5/28/20183.23.272.982.9874535600012002400
5/27/20183.193.213.133.27439230008927240
5/26/20183.183.33.143.1974114800011145500
5/25/20183.293.313.133.1976620000016894400
5/24/20183.013.292.933.2870193000022681500
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Risks involved with investing in Aeternity

One must do a thorough research before investing in cryptocurrencies as they are subject to government regulations. Moreover, as they are volatile in nature, it is quite risky to invest your hard earned cash in them. Therefore, we would suggest you to invest in mutual funds as it is a more reliable option.

Disclaimer:

"The Reserve Bank of India (RBI) and Ministry of Finance has frequently cautioned the users, holders and traders of virtual currencies regarding the potential economic, financial, operational, legal, customer protection and security related risks associated in dealing with virtual currencies. RBI also further clarified that it has not given any licence/authorisation to any entity/company to operate schemes or deals related to Bitcoin or any virtual currency. RBI has also barred its regulated entities from dealing or providing services to any individual or business entities dealing with cryptocurrency. The Ministry of Finance has also officially stated that virtual currencies are not legal tender or coin.

A&A Dukaan Financial Service Private Limited (“BankBazaar”) does not endorse investing or dealing in virtual currencies in any manner. The information provided on our website is solely for illustrative purposes and should not constitute investment advice or assistance in investing or dealing with crypto currencies. If you decide to invest or deal in cryptocurrencies, you should be aware that you will be dealing with the respective individuals or business entities dealing in cryptocurrency and BankBazaar has no role in any manner in such transactions or dealings. We strongly advise our visitors to invest in legally recognised financial instruments rather than risking their capital on virtual currencies which are unregulated instruments."

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