Aeternity (AE) is a blockchain platform token for high–speed transactions with functional smart contracts and decentralized oracles. Financial applications on the platform are based on the token, as well as all commissions and settlements in smart contracts.

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🚀 We're excited to announce the release of Hyperchains whitepaper version 1.2.0!

💡 What's Inside:

1️⃣ Introduction: Discovering the need for decentralized consensus in blockchains and the limitations of traditional PoW and PoS approaches.

2️⃣ Existing solutions: A comprehensive analysis of PoW and PoS, highlighting their strengths, weaknesses, and associated challenges.

3️⃣ Hyperchains design: Unveiling our hybrid strategy that combines PoS systems with the stability of PoW networks for enhanced security and scalability.

4️⃣ Election process and staking mechanism: Proposing solutions to facilitate planning and implementation of algorithms for leader election within the Hyperchains framework.

5️⃣ Security: Addressing potential attacks and vulnerabilities, including nothing-at-stake, stake grinding, long-range attacks, and overloading of the parent chain.

🔗 Join us in shaping the future of blockchain technology on the æternity Forum: bit.ly/43hddYJ

We're excited to announce the release of Hyperchains whitepaper version 1. What's Inside:.