Topic: [ANN][AERGO] Blockchain fuel for autonomous business (Read 17891 times)
Only 1/5 of all tokens in circulating now (100 mln out of 500 mln). When the rest tokens will be unlocked? Is there any schelude about token distribution?
OP, if you as a fan could do this much work for this project, it means a lot. Well, I think I would have to visit other social media links of this project, to know more about it.
Then I feel the team itself should have their own original ANN thread, if you are just a fan.
Then I feel the team itself should have their own original ANN thread, if you are just a fan.
Recently, more news about the Aergo project from Twitter can be received, or in Telegram. The forum is very weak activity.
The topic has calmed down...
There are some news: The AERGO Merkle Bridge
https://medium.com/aergo/the-aergo-merkle-bridge-explained-d95f7dcec510
There are some news: The AERGO Merkle Bridge
https://medium.com/aergo/the-aergo-merkle-bridge-explained-d95f7dcec510
Why you dont have comparison woth other new project? Why you just compared with old project like ETH and EOS? EOS is just a big disappointment. But we have a lot of new perspective project with more higher TPS (among them are Tomochain, Zilliqa, Pchain). What advantages you have before this projects?
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.
-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.
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.
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.
"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
Last month, AERGO and Blocko were at the 2018 Korea Blockchain Expo. Co-founder of Blocko Allan Kim gave a speech on public and private blockchains in Seoul. Don't miss our next event on 11/30 #buidlseoul2018 http://buidl.kr
https://twitter.com/AERGO_IO/status/1066026072901218304
https://twitter.com/AERGO_IO/status/1066026072901218304
Phil Zamani yesterday conducted AMA- https://t.me/aergoofficial. Current issues- https://steemit.com/aergo/@maxferber/ama-with-phil-zamani-ceo-of-aergo-project-11-20-2018
Aergo has no plans to conduct an ICO. But in its Token Distridution Event, 3,275 contributors will be rewarded between $250 and $2,000 in AERGO tokens.
Submission deadline: October 14
Submission deadline: October 14
as for me, all these contests do not lead to anything. it was just due to them that the promotion program was removed and they decided to save money. all attempts to collect a cap of one hundred million as they had originally planned for such a market would simply end in failure. besides the idea and strong name blockchain 4.0 for business there is nothing.
Full detailed AMA with assembling replies together + Creative pictures
https://medium.com/@icogem.io/ama-aergo-10-10-2018-all-q-a-in-one-place-a6f97154ad77
https://medium.com/@icogem.io/ama-aergo-10-10-2018-all-q-a-in-one-place-a6f97154ad77
What an amazing project！I'll be more than glad to offer Chinese translation if you need it.
your project looks great, I think this project will become popular and many people use it in the future. the project team is numerous and certainly many will be working to make this project expand. how this project can be useful for everyone. it will be great in the future.
Aergo has no plans to conduct an ICO. But in its Token Distridution Event, 3,275 contributors will be rewarded between $250 and $2,000 in AERGO tokens.
Submission deadline: October 14
Submission deadline: October 14
my biggest questions im had were and remain on the project code. idea is very good, but as long as no code is written, it will remain an idea. besides this, as we all see their topic, they obviously have no advertising campaign, and the bounty minimum worth running.
but the fact that such huge funds take part is immediately a plus and shows project perspective.
but the fact that such huge funds take part is immediately a plus and shows project perspective.
Made one more video for reward programm
https://www.youtube.com/watch?v=Ld_zoL7gTHE
https://www.youtube.com/watch?v=Ld_zoL7gTHE
One of the more exciting projects I've seen around these parts. The developers are doing are delightful job by posting pictures, quotes, articles, snippets, whatever. That's gonna keep your community happy!
Hi, finally i made it, please check it out on youtube
https://youtu.be/P6oQ3AHt6FU
https://youtu.be/P6oQ3AHt6FU
Blocko has deployed over 23 blockchain systems for things like biometric authentication, time stamping, e-signatures—we've got many proven use cases with us. Developers will need blueprints. We plan to ship smart contract templates out around these use cases.
- Phil Zamani
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