The Aerum ecosystem offers a decentralized hub
The Aerum ecosystem is presented to the crypto sector with a platform for the disruption of the sector. In itself, it resembles the increasingly common Hubs. A Hub is a space (virtual or physical) where entrepreneurs come together creating synergies. Their influence is, sometimes, so great that they convert in favor of optimizing the usual model of the sector; see both in its complete remodeling and digital replicas. This creates new paradigms in traditional sectors and opens the door to new sectors due to the great innovation that community work brings. It can be said that it offers a variety of options in most cases. And it can become a turning point for businesses with great possibilities of disappearing due to the obsolescence of their service.
The launch proposal consists of providing a complete infrastructure for financial applications without permission (free participation). These applications can serve a decentralized economy, with transactions in real time and free for consumers. At the same time, the whitepaper talks about “an almost unlimited scalability”.
Proposing scalability and performance solutions
It has been corroborated in recent years that scalability is a problem in the long term for moments of maximum participation in the network. Aerum offers a service platform ready to launch financial markets, prediction markets, gaming ecosystems through its unique offer of tokens, and more details to unveil. However, Aerum plans to become the number one platform based on Ethereum. It is not an easy challenge and will require giving the best of themselves by every member of the team.
The provision described by the project says that its participants can achieve virtually unlimited scalability. This would happen through the construction of decentralized sidechains networks. All this is due to the high performance of Aerum and the low costs, both of the ecosystem for creation or emission of markets, and of current use for users.
The Aerum ecosystem does not seek to compete with Ethereum
The goal of Aerum is not to compete with Ethereum, the giant that occupies the Top 2 of Coinmarketcap. In a different approach to competing, complementing Ethereum as a high performance dApp platform with decentralized management is the premise. Instead of a single-operator Plasma side chain. Meaning a symbiosis in the field of market creation and decentralized use cases.
Since the crypto market began its gradual decline, the list of competitors with Ethereum continues to grow. However, this complementation approach preserves the competitive spirit while creating synergy between the platforms. The Aerum roadmap includes the creation of a high-performance cross-chain DEX. So the options to interoperate are a reality. Another striking aspect is the creation of a cross-chain token payment protocol. Without a doubt, a project to take into account. It must be said that the Aerum team has not hesitated to take into account the atomic swaps.
Aerum ICO enjoys good health
Throughout 2018, the demand of investors combined with a bear market was a time bomb for ICOs. It could be noticed in the activity and volumes. A small percentage of the projects launched in the first half of 2018 reveals that the correction reached each area of the sector. In the ICO model of Aerum, a division by phases or stages is appreciated. During these phases, the incentives to participate as an early adopter are gradually reduced. At the moment of the creation of the article, 4,122,639 dollars of investment in XRM tokens (Erc20) are calculated. Exceeding in a comfortable way the 3 million euros of Soft Cap (minimum collection required in order to continue with normality).
The process, which surpassed the equator of the initial sale phase weeks ago, presents some enviable numbers. The total of initial acquisition phases is 12 (of which 9 have ended). The final stage closes the ICO at a price of 0.4 ETH per 1000 XRM. It would not be surprising that it ends up reaching the Hard Cap (maximum collection). We share here a table of available bonds to reward the strong investments:
- Obtain Tokens, more than $ 500 +5%
- Buy Tokens, more than $ 1000 +10%
- Get Tokens, more than $ 5000 +15%
- Obtain Tokens, more than $ 10000 +20%
- Buy Tokens, more than $ 20000 +25%
- Get Tokens, more than $ 50000 (negotiable)
Compliance with the Aerum route map
To date, each objective has been rigorously met within its stipulated period. The token can be purchased in two reputable exchanges: Latoken and ExMarkets. In the coming days, the launch of the Mainnet network will be a reality, including the implementations mentioned below:
- Ortus v1.0.0 dxPoS consensus. 1st step implementation.
- Delegated nodes
- Servers for transactional gateway portals.
- Mobile & web wallet.
- Blockchain analysis and statistical tools.
In short, the versatility of the project together with its compatibilities offer a great ecosystem
The system described in the whitepaper facilitates transfers of tokens in a secure environment (including atomic on-chain and off-chain swaps). Therefore, a highly decentralized consensus algorithm, decentralized token exchange, software integration toolkit (fully developed for users / merchants), decentralized applications (dApps), marketplace and various liquidity providers. A complete service that will give a lot to talk about. With Aerum, any company can build a reliable, scalable and decentralized blockchain solution quickly and easily.
In the second part of the year it is estimated to have reached the third implementation of Ortus (version Ortus 1.3.0). With the third implementation, the function that has seemed most interesting is integrated, PetalChains. In short, a turnkey solution of unique scaling for Aerum. This type of scaling allows delegates to launch chains designed to scale even further. After said scaling the performance of the applications rises sharply; up to figures close to 100,000 transactions per second.
The cover letter stands out for clarity in its approach
Aerum provides an entire ecosystem designed to meet the growth of the next waves of adoption. The use of Aerum PetalChains, a multi-chain escalation solution in combination with atomic exchanges, guarantees revolutionary improvements compared to transactions in the Ethereum network. For technical and ethical reasons, for a large part of the sector it is vital to maintain P2P financial interactions. It is a surprise the choice of configuration, with free transactions in real time, building a highly decentralized platform. The intelligent contract protocol is optimized for tokenization and financial confidence.
– Aerum is a decentralized platform targeting enabling small and medium size businesses to build FinTech solutions, tokenize their economies and reward programs, enabling P2P markets.
– Aerum team developed a blockchain protocol that offers free transactions to consumer in a real-time fashion, provides stable performance and high throughput (above 800 transactions per second measured) to business participants for building dependable systems.
– Aerum had developed a cross-chain Proof-of-Stake consensus protocol with economic model built to incentivize business application owners to become Validators on the network and get access to free transaction execution to subsidize transaction costs for their customers.
– Aerum protocol is governed and powered by XRM ERC20 token, used to stake the network though use with Aerum’s governance smart contracts on Ethereum mainnet, there are 1 billion XRM tokens minted and no more can be created.
– Aerum is launching an Aerum blockchain mainnet Ortus 1.0 with its selected partners on March 20th 2019 with a firm goal to implement a first protocol upgrade ahead of schedule, by the end of April 2019, which will add important key protocol elements to the mainnet Ortus 1.1, such as: Masternodes, Aerum Hearbeat protocol, Aerum TrueChain (nothing at stake/forking attack prevention) and Stake Reward facility.
– Stake Reward Facility launching with Ortus 1.1 will be loaded with over 30% of minted tokens that will be distributed on the weekly basis to all network staking participants on pro-rata principle at rate of 0.5% of remaining tokens per week, starting with 1,500,000 XRM tokens first week of May 2019.
– Aerum is preparing to launch a B2B Cloud Blockchain company focusing on providing commercial integration, maintenance and SLA blockchain service provisioning to business participants to speed up the real business case adoption starting with its already impressive partners portfolio.
– Aerum token XRM is currently offered to purchase on LATOKEN and Exmarket launchpads until April 1st 2019, when the full trading will go live and token offering stops.
Connect with Aerum and explore its ecosystem in the following links:
Web – https://aerum.com/en
Whitepaper – https://aerum.com/en/white-paper
Bitcointalk – https://bitcointalk.org/index.php?topic=5039141.0
Reddit – https://www.reddit.com/r/aerum
Aerum Telegram – https://t.me/aerum_official
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Globitex Exchange Leads Charge in Trading by Lowering and Removing Fees
As part of its new strategy to become the most widely used cryptocurrency exchange, Globitex is lowering and removing fees for certain account features. Globitex aims to make it’s products more accessible for retail and corporate customers. The EURO Wallet continues to excel as the best solution for sending and receiving EUR payments from inside of an exchange. The EURO Wallet is powered by Nexpay UAB, an EU licensed financial institution and gives users full control of their assets.
“We implement changes quickly around feedback we gather from both retail and corporate customers. We never compromise on security, we abide by every regulation to ensure customers get the most of what is possible with cryptocurrencies today.” - Uldis Teraudkalns CEO of Globitex Exchange.
Private Individuals will enjoy the removal of the monthly account maintenance fee, this allows Globitex clients to open and maintain a EURO Wallet account without cost or liability until it is actually used for transactions.
Corporate customers will enjoy the reduced net cost on larger transactions, making the service more attractive for the largest corporate clients and traders. The combination of the service offering and pricing makes Globitex the No.1 cross crypto-fiat trading and financial operations platform. Globitex aims to add the functionality of using GBX tokens to pay for EURO Wallet fees with discounts, which will substantially increase the utility of the GBX token in the upcoming weeks.
Globitex encourages all traders, investors, and corporates potentially seeking to make payments from within and outside of the crypto space to use the exchange, confident it will be their permanent solution of choice. Users seeking to bridge the traditional finance sector with their cryptocurrency assets are urged to visit to Utilize their own IBAN account within a cryptocurrency exchange.
For more information or inquiries, please contact Globitex Support (email@example.com).
Tech Giants Opt for Ethereum: Why ETH is Still Behind BTC
Amazon Shows Support For Ethereum With a New Managed Blockchain ServiceAmazon has recently made shockwaves across the blockchain industry, when they announced their managed blockchain services in an exciting press release. They say the service will allow users to set up and manage their own decentralized blockchain network with just a few clicks. This is a huge claim considering the difficulty of achieving that task from scratch.The really good news for Ethereum is that the new service will soon have support for the Ethereum network due to some of its unique properties. On their website, they declare that “Ethereum is well suited for highly distributed blockchain networks where transparency of data for all members is important”. This is a huge deal for Ethereum.
Elon Musk Declares His Faith In Ethereum with One WordElon Musk has caused another stir on Twitter, this time in the blockchain world. He did it with a one-word tweet, “Ethereum”. The tweet has gained almost 10,000 retweets since then. That’s a big endorsement coming from one of the greatest tech visionaries of our time. Especially, as it comes when Ethereum has been struggling.
Many Other Companies Are Onboard With Ethereum TooThese are just the most recent additions to the list of big names declaring their support for the Ethereum vision. The Ethereum Enterprise Alliance is a group of big businesses committed to exploring and developing the decentralized technology that Ethereum is built on. The members include some massive names, such as Intel, Microsoft, JP Morgan, Accenture, and Deloitte. JP Morgan has even used the Ethereum technology to build its own blockchain networks for moving some of its enormous sums of money quickly around the globe.
So Why Isn’t Ethereum Number 1 Yet?All this should be enough to propel Ethereum into the stratosphere of development and adoption. But a quick look at the price and market cap numbers shows that Ethereum is even further behind Bitcoin than it was a few years ago. Ethereum has dropped massively since its peak price of over $1,000 and has never recovered to anywhere near those levels.So what’s going on?
The Same Old Scalability ProblemsEthereum has had one serious challenge for the last few years: scalability. Ethereum has never really managed to breach its transaction ceiling of around 26 transactions per second. That level is just not going to cut it out for a major global transaction network.Bitcoin has the same problem, but it has some exciting solutions already being used and tested. The Bitcoin Lightning Network is a “layer 2” solution that is used to scale Bitcoin transactions on top of the core Bitcoin network. Ethereum does have some potential solutions of its own. Ethereum Plasma promises to add a layer 2 solution to the Ethereum network to allow for much higher transaction volumes. However, right now, these projects are still far off proving they can take Ethereum to a global scale.
The Growing Threat of Competitor NetworksPerhaps the biggest reason why Ethereum hasn’t soared to the top spot on the crypto charts is the growing number of serious competitors to Ethereum.Until recently, Ethereum has been the only real choice for developers in need of a global decentralized network to build their applications on. The same with ICO platforms, too. This gave Ethereum the first mover advantage and helped it grow tremendously in its early stages.These days, however, Ethereum has plenty of plausible competitors. Using the Ethereum network isn’t a necessity for developers, it’s a choice. For example, while Amazon plans to support Ethereum for their managed blockchain solutions, it already supports Hyperledger Fabric.The growth of alternative networks and protocols such as EOS, Stellar, Cardano, Tron, Neo, and many more are hurting Ethereum. What’s more, many of these networks already offer much better performance than Ethereum in certain areas. For example, EOS is a protocol designed to build decentralized applications similar to Ethereum’s. But, with a completely different take on its consensus algorithm, it allows for a much higher transaction volume and speed than Ethereum.These competitor networks are now highlighting the weaknesses of Ethereum. They are putting pressure on the Ethereum development team and adding more uncertainty to the future of the Ethereum network.
Bitcoin is Seen DifferentlyBitcoin is facing many of the same technological problems, and even more competitors for its limited use cases. However, Bitcoin has kept growing because it is seen in a different way by buyers.These days, Bitcoin is seen more as ‘digital gold’, than the future central financial platform. Bitcoin buyers know that faster and better competitor networks may arise, but Bitcoin is still the original cryptocurrency. This is why Bitcoin buyers are happy to invest heavily in the cryptocurrency, even as real-world use cases and adoption remain fairly stagnant.
Ethereum Needs to Really CompeteEthereum doesn’t have the same advantages as Bitcoin. If it wants to cement its place as the number one decentralized network in the world, it needs to earn it. It needs to prove its value by developing technology that works in the real world, and applications that get used.Ethereum has got the support of tech giants like Amazon and influencers like Elon Musk. But, if ETH is ever to overtake BTC, it needs to use that support and take it to the next level as soon as possible.
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