Bitcoin stole all the cryptocurrency headlines in 2017, but how much longer can it continue that trend? Don't expect it to go on for too long, as there are countless digital coins popping up with innovative ideas. Take Aeternity, for example. This Ethereum-based cryptocurrency is garnering attention in the community. Here's why you should care about it.
The developers behind Aeternity Coin have big goals. They don't want to just be a Bitcoin competitor. They want to improve cryptocurrencies altogether. To complete this mission, they have created four technologies by the names of Unique Governance, Oracle, State Channels, and Consensus. Let's focus on the Oracle aspect for a bit here, as it brings something unique to the table.
The Oracle technology works as follows. A user asks any question to the "oracle," which then gives the possibility for the outcome. Then, the users vote and buy shares of the typed result. The distribution of the profit takes place after a calculation of the forecast from the survey values. Why does this matter? Well, these results are quite useful for "smart contracts." Furthermore, Oracle's results are attracting the attention of the insurance industry because this technology will help them offer more accurate policies.
As you can see, Aeternity is not Bitcoin. Far from it in fact. So, is it worth your money? Unlike many other new coins out there, this one has a smart system. It can identify and correct the weakness in other currencies. Hence, many investors see a bright future for this coin and are starting to buy into it.
If you're still on the fence about cryptocurrencies, then head on over to YouToken. There, you will find the token worth billions. Invest now when it's not too late.