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About

Aeternity is a blockchain platform designed to deliver unparalleled scalability, privacy, and efficiency for decentralised applications. Founded by Yanislav Malahov, known as one of the pioneers of the blockchain movement, Aeternity distinguishes itself with several innovative features. It integrates state channels, allowing off-chain transactions that enhance scalability and speed. Aeternity also introduces a unique consensus mechanism called Cuckoo Cycle, which is memory-intensive yet energy-efficient, optimizing performance and security. The platform supports smart contracts via its Turing-complete language, Sophia, and uses oracles to facilitate accurate real-world data integration. Additionally, the governance of Aeternity is decentralised, allowing token holders to vote on key decisions, ensuring the ecosystem evolves collectively.