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Topic: Aergo perspecitves and use cases, game changer or just (Read 434 times)

copper member
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Change Your Worlds Build a New Era!
I think in this situation, the use of some cryptocurrency is questioned because of their low prices and falling purchasing power.
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Aergo published a video about his project https://www.youtube.com/watch?v=0zjBBYdFyzU
full member
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so there are plenty use cases for future aergo chain what we can take from https://www.blocko.io/usecase.html (they are going to be similar) but what do you thing we can use Aergo for ?

Well for some reason, I think aergo is an ICO but I don't think it would have the same reputation as those established coins in the market. I cannot tell if it's good or bad to invest in aergo because he market right now is in total dip from their previous highs. Better to understand deep within this project and do more research about it.
sr. member
Activity: 1092
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Hodlers Network
just read this interesting article about aergo, seems this project could be the next big things in crypto world
https://medium.com/aergo/blocko-deploys-document-management-system-for-hyundai-a1e1333cd160
full member
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AMA Camron Miraftab, Business Development Director Blocko/AERGO- https://t.me/aergoofficial:

-Eth is gameover. Low tps , old tech and any major update will take ages.

- This is a bit of a reckless statement and it would be foolish of the AERGO architects to assume Ethereum will be a complete failure.  
Up till now Ethereum has been the de-facto standard for issuing application tokens, and for good reason. It was 'first' + it offers a combination of decentralization, liquidity, as well as an ecosystem. However, I agree with your statement, it is plagued by high and unpredictable gas fees, as well as a low TPS capacity. While the technical aspects may hold Ethereum back from being able to cater to commercial grade applications, there are other factors that suggest it won't disspear over night.  
This is why AERGO is being designed to be interoperable with Ethereum so that developers, if they desire, can benefit from the best of both chains: unrivalled security, ecosystem integration, low fees, scalability (production-level) and a suitable & predictable fee structure.

-How is AERGO different/better than EOS, techwise?

- As a blockchain: Aergo is similar in that it employs DPoS as its consensus mechanism (23 block producers). This consensus algo provides a satisfactory level of decentralisation that ensures censorship resistance and trust across the network, as well as performance. AERGO differs in this regard with EOS in two areas, 1. network operators of the AERGO network will be certified/qualified IT vendors with predictable, stable, secure and highly available infrastructure. Mainly telco providers - hyper local and fibre optic speed. 2. It employs a Kubernetes-like stack -- 'AERGO Horde' optimises orchestration and provisioning of dApps with self healing properties on AERGO using the best of breed technology picked up from the cloud computing domain.
As a platform:
1. 1-click blockchain configuration: developers can custom-build their blockchain (private/hybrid/public) in 1-click (abstracting away all of the complexity) fit for the purpose of their application. This can be then be deployed and ran in the cloud securely in less than a minute - with no risk of downtime or concern about performance or congestion on the network.  
2. dApp development (on top of the blockchain they just configured): package managers, SQL & LUA programming language, intuitive development environment, microservice design methodology and service orientated architecture. These are unique to AERGO and have be designed following intimate collaborations with Blocko's customers (understanding the needs of the users!!)
3. As a dApp:
real-time bug detection, version-control capability, scheduling .. the list goes on.

-Thanks, who are these block producers? How they are selected? What is the use of ARG token, is it same as EOS on staking to acquire network resources?

- The block producers can be IT cloud vendors or telcommunication companies or enterprises or academic institutions or governments, etc. Anyone who meets the technical requirements can be put forward as a candidate in the election. The selection process will be very democratic through voting. This is to ensure that incentives among the community are aligned towards the health of the overall network and to ensure value leakage is minimised.

AERGO token - we are not disclosing the full mechanical details/specifications of the AERGO token at this given time. The AERGO token architects are currently validating and optimising the incentive-model design through rigourous testing and simulations. The team want to ensure that the design aligns the incentives, rewards and behaviours of all stakeholders to optimise the objectives of the AERGO network. Stay tuned for more details to come soon.
sr. member
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Camron Miraftab, Business Development Director Blocko/AERGO- https://t.me/aergoofficial:

You are right about the fact that Aergo incorporates key elements of Coinstack, but there is more to it. Aergo extends the functionality and reach of the platform, far greater than Coinstack ever could. It will be ran across a public distributed network, it will incorporate a Kubernetes-like stack for orchestration and provisioning (self-healing properties, etc) and offers new features such as the Hub and Marketplace that incentivise new stakeholders/participants to contribute and utilise the platform --> creating an ecosystem.

Aergo is a big project. Details regarding where the funds will be spent is outlined in detail in the whitepaper. In short = tech and commercial (ecosystem) development. In order to reach the masses Aergo will need to accomodate the needs of mass market developers by offering a platform which allows for customisable dapp development, familiar programming toolchains, data services, stable and highly available cloud services, and much more.

Offering such services worldwide is a tall order which demands a strong business development push across all regions of the world on both the demand side (enterprise customers, dApp developers) and the supply side (cloud and IT service providers).

Samsung did not solely invest in the project. The AERGO project received investment from numerous backers worldwide.

Also, to address your point regarding token distribution. The AERGO token architects are well aware of the importance of decentralising token distribution. As with all things, comprimises need to be made during the early phases of token ecosystem development between bootstrapping network development and decentralising consensus formation.

Please, read the business whitepaper for more details regarding the planned token distribution. In there we hope you will see that the majority of the tokens will over time be distributed to the key stakeholder groups within the Aergo ecosystem.

The AERGO architects understand from past failures of other projects the importance and sensitivity of token distribution. Too little decentralisation/distribution results in concentrating tokens in the hands of the few (which impacts adoption rates and decentralised consensus formation). Too much distribution risks premature decentralisation whereby users become hodlers, resulting in mainly speculative price action that risks destabilising the AERGO network.

This is why Aergo has made it a priority to onboard strategic long term investors to bootstrap development & initial liquidity. Investors like Sequioa, GBIC, Dekrypt and many more.
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"One of the things I really like about Blocko is that unlike other bitcoin startups that are building for a future value that is still undetermined, Blocko’s implementations have already saved customers millions of dollars.” - Joyce Kim, co-founder Stellar.  http://tcrn.ch/2gQYr6M
sr. member
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member
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If machines replace a person at home and at work, then what contracts will they be managed with? Why do we trust cars? This is where decentralized smart contracts are needed, to which 100% trust in a person will be. Such trust will allow machines to manage business processes.

If I understand correctly, then Aergo has such smart contracts, who ever checked them?

I myself have not checked, but I will do. I hope the team will be able to organize independent verification of contracts.
newbie
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If machines replace a person at home and at work, then what contracts will they be managed with? Why do we trust cars? This is where decentralized smart contracts are needed, to which 100% trust in a person will be. Such trust will allow machines to manage business processes.

If I understand correctly, then Aergo has such smart contracts, who ever checked them?
member
Activity: 147
Merit: 10
If machines replace a person at home and at work, then what contracts will they be managed with? Why do we trust cars? This is where decentralized smart contracts are needed, to which 100% trust in a person will be. Such trust will allow machines to manage business processes.
member
Activity: 147
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dApp to do for B2B based on AERGO.

For example, I want to transfer my Internet business to the dApp application - this will free up the workforce, give confidence to the business, reduce the price of services and goods, improve the quality and speed of service, more autonomous work, protection from the human factor.

I understand that the robot replace jobs, and what to do with the person?

A man for creativity and nature, and machines for household work.
newbie
Activity: 7
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dApp to do for B2B based on AERGO.

For example, I want to transfer my Internet business to the dApp application - this will free up the workforce, give confidence to the business, reduce the price of services and goods, improve the quality and speed of service, more autonomous work, protection from the human factor.

I understand that the robot replace jobs, and what to do with the person?
member
Activity: 147
Merit: 10
dApp to do for B2B based on AERGO.

For example, I want to transfer my Internet business to the dApp application - this will free up the workforce, give confidence to the business, reduce the price of services and goods, improve the quality and speed of service, more autonomous work, protection from the human factor.
newbie
Activity: 7
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Technology for people
ICO for hype
sr. member
Activity: 672
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I don't know what we can use it for, but the only thing I know about this ICO that it is hype one and everybody rush buying these tokens. Also they had a massive proof-of-care company with tons of videos,articles stickers and so on
member
Activity: 147
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I am waiting for open source to replace all business processes. Intermediaries in the market will become less and pricing will be more transparent.

Decentralization will allow more people to participate in business management.

And of course you need to revise the tax approaches with such changes.

For consumers, it is white light in a dark tunnel.
I hope that Aergo will embody these ideas
newbie
Activity: 7
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I am waiting for open source to replace all business processes. Intermediaries in the market will become less and pricing will be more transparent.

Decentralization will allow more people to participate in business management.

And of course you need to revise the tax approaches with such changes.

For consumers, it is white light in a dark tunnel.
member
Activity: 147
Merit: 10
I am waiting for open source to replace all business processes. Intermediaries in the market will become less and pricing will be more transparent.

Decentralization will allow more people to participate in business management.

And of course you need to revise the tax approaches with such changes.
newbie
Activity: 4
Merit: 0
Well they do not state it clearly but I think it can be used not only in industry or B2B but in some science projects for data management with sql smart contracts. For example some labs have processed data which can be published and unprocessed data must be kept for a while, clearly this can be solved with smart contract

I have a good business that has been working successfully for 10 years on the business market for business.

I see that you are well versed in AERGO technology. Can you give me a couple of examples for my business (https://sms-rassilka.com)?

From the first glance, it is obvious that you can apply AERGO SQL to manage your clients billing. Also it would be wise to use smart oracles as well to send sms for example to clients when they have low balance or some events happens. I think you can even ask Aergo for some type of partnership because you can provide a sms service for their smart oracles.    

1) Decentralize the balance of users (100% trust)
2) Make transparent pricing (remove intermediaries)
3) Decentralize the user's personal data (phone numbers, mailing list data). To improve security and privacy.

Did I understand you correctly?

1) Well it not just about decentralization but also about privacy  you can have you own private blockchain
2) certanly you can make alternative billing to make your clients pay with tokens
3) right here more about privacy
 

1 There was no difference between it and side blockchain just like azure.
2 that will not 100 percents work
3 So many icos have been offering the same time like this one. Basically all of these things are speculation only. There was a lot of project that created similar system like this one.

Please give links to competitors.

Aergo can be compared with Stratis and SophiaTX

Well may be some products from IBM but they are not open-source
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