Open questions from Seoul meetup


Our aembassador Peterson Lee has quite a lot of open questions left from his last meetup in Seoul and I would like to post them here for everyone to see so we can answer them together :slight_smile:

Q1. Smart contract language called by Sophia has made by Aeternity team. It means it is made by short time. How to audit the language? How to guarantee it is safe?

Q2. Why is the mainnet continually delayed? It was already 3 times. (A strong dissatisfaction with breaking investor’s promise.)

Q3. Are there blockchains that use a similar concept to the State channel? If yes, what is the strength of Aeternity more than them?

Q4. I heard if it uses State channel, the TPS is no meaning. Is there any real test data of it compared with other blockchains?

Q5. Although the Ripple is private blockchain, is it faster than Ripple when using state channel?

Q6. The Governance voting is weighted by holder’s staking. It looks like all AE holder can vote, however, is it meaningful? Big investors can unite and set governance for their own benefit.

Q7. What is the list of governance which investors can vote?

Q8. Please describe the strengths of Aeternity over other blockchains.

Q9. Erlang looks like good language for blockchain. Is there any blockchain vendor that uses it?



Q2。为什么主网不断推迟?已经3次了。 (对违背投资者承诺的强烈不满。)







Q9。 Erlang看起来像区块链的好语言。是否有任何区块链供应商使用它?



Thanks for the questions. Here are my replies:

Q1. The smart contract language is developed in completely different language (ML-based, functional). Which changes the security profile fundamentally, making secure execution a default state. The developers who created the language are more than very experienced. Finally, there is a testing infrastructure that is being utilize to run tests and identify possible issues.

Q2. As mentioned already, at æternity we are not interested in speculation but in secure, efficient code that can be used by a global community of developers and users. The main reason for delays is the implementation of Bitcon-NG, which has not been implemented in a PoW system before but is essential for a well-functioning, decentralized platform such as æternity.

Q3. More and more platforms consider state channel technology as an off-chain solution. However, state channels are usually implemented as a layer 2 solution, which makes it harder to use them. In æternity, state channels are part of the core protocol, making their use much more straightforward and efficient.

Q4. Anyone will be able to test the speed of smart contracts in state channels after the next release is ready. Speed of interaction between users in state channels depends only on the internet bandwidth between them.

Q5. This is a bit vague. Ripple is primarily a payments & settlement platform, æternity is a decentralized applications platform.

Q6. Large token holders have a larger stake in the system. The decisions they make will ultimately affect them more than smaller token holders.

Q7. Upon Mainnet launch, users will be able to propose a vote and vote on anything. The results from those “polls” will signal to the developers what AE users think is the best way forward for æternity.

Q8. æternity is a public blockchain platform that supports decentralized applications. It is a blockchain 3.0 project that addresses the problems of scalability, decentralization, and usability by developing a new type of efficient, cryptographically-secured protocol.

The æternity protocol integrates a unique set of cutting-edge blockchain technologies. These include ML-based smart contracts and VMs, Bitcoin-NG consensus (improved on-chain scalability), state channels (unlimited off-chain scalability), oracles (access to real-world data), naming system (UX), on-chain governance and Cuckoo Cycle mining (ASIC-resistance). The protocol is being developed in Erlang and Elixir, Erlang being the programming language of the primary implementation.

Q9. As far as I know, no other blockchain uses Erlang. Cardano also uses other functional programming languages.

Kind regards,


Our aembassador Peterson Lee has quite a lot of open questions left from his last meetup in Seoul and I would like to post them
Most of these questions were answered here. But better chec the forums:
Also check Erik Steman’s presentation which talks about Aeternity’s strenghts, Sophia, State channels in depth.


Thanks for your reply!



Q2。为什么主网不断推迟?已经3次了。 (对违背投资者承诺的强烈不满。)



Q5。这有点模糊。 Ripple主要是支付和结算平台,æternity是一个去中心化的应用平台。



Q8。 æternity是一个公共区块链平台,支持去中心化的应用程序。它是一个区块链3.0项目,通过开发一种新型高效,加密安全协议来解决可扩展性,去中心化和可用性问题。

æternity协议集成了一套独特的尖端区块链技术。这些包括基于ML的智能合约和虚拟机,Bitcoin-NG共识(改进的链上可扩展性),状态通道(无限制的链下可扩展性),oracles(访问现实世界数据),命名系统(UX), - 链上治理和Cuckoo Cycle 挖矿(抗ASIC)。该协议正在Erlang和Elixir中开发,Erlang是主要实现的编程语言。

Q9。 Erlang看起来像区块链的好语言。是否有任何区块链供应商使用它?
Q9。据我所知,没有其他区块链使用Erlang。 Cardano还使用其他函数式编程语言。