What we're about

Welcome to aeternity meetup @ City University of Hong Kong! Meet Yanislav Malahov - The "Godfather of Ethereum" and ask any questions about this innovative blockchain platform. Have fun with the team!

About aeternity:

The introduction of Ethereum in 2014 aroused great interest in decentralized trustless applications AKA smart contracts. Many have tried to implement applications with real world data on top of a blockchain. Aeternity believe that storing the application’s state and code on-chain is wrong for several reasons. Yani "The Godfather of Ethereum" dubs it "The Oracle Machine" A highly scalable blockchain architecture with a consensus mechanism which is also used to check the "Oracle". This makes the "Oracle" very efficient, since it avoids layering one consensus mechanism on top of another. State channels are integrated to increase both privacy and scalability. Tokens in
channels can be transferred using purely functional smart contracts that can access the "Oracle's" answers. By not storing contract code or state on-chain, Aeternity is able to make smart contracts easier to analyze and faster to process, with no substantial loss in de facto functionality.

Applications like markets for synthetic assets and prediction markets can be efficiently implemented at global scale. Several parts have proof-of-concept implementations in Erlang. Development tools and application essentials such as a wallet, naming and identity system will also be provided.

Welcome to aeternity and discover the endless possibilities...

Past events (1)

Hong Kong æternity Meetup

Room 6209 (6/F), Lau Ming Wai Academic Building (AC3)

Photos (2)