Aergo Ico is a proposed new blockchain protocol, which aims to power both public and private blockchain deployments. Based on Blocko Inc’s (Blocko) experience in providing large-scale, production level private blockchain to recognized enterprise customers, AERGO intends to be purpose-built to enable enterprise architectures based on blockchain by incorporating both new, innovative and established technical approaches to build scalable distributed database systems.
AERGO as envisaged in this technical whitepaper is under development and is being constantly updated, including but not limited to key governance and technical features. The native AERGO token (AERGO Token) involves and relates to the development and use of experimental platforms (software) and technologies that may not come to fruition or achieve the objectives specified in this whitepaper. If and when AERGO is completed, it may differ significantly from the network set out in this . No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this document is or should be relied upon as a promise or representation as to the future.
Aergo has three major architectural functions, which together from the aergo platform. 1. AERGO Chain
The Public internet of blockchains
2. AERGO Hub
The public interface into the underlying AERGO Chain
3. AERGO Marketplace
A one stop shop for software applications, computing resources and more for AERGO Chain
No Offer Of Regulated Products
The Aergo Ico platform, AERGO Token or any token that operates on it is not intended to represent a security or any other regulated product in any jurisdiction. This document does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase are not intended to be a financial service offering document or a prospectus of any sort. AERGO Token does not represent equity, shares, units, royalties or rights to capital, profit, returns or income in the platform or software in the AERGO Limited or any company or intellectual property associated with the platform or any other public or private enterprise, corporation, foundation or other entity in any jurisdiction.
The purchase of Aergo Ico Token and participation in AERGO Token sale carries with it significant risks. Prior to purchasing AERGO Token, you should carefully assess and take into account the risks, including those listed in any other documentation.
Blocko has supplied more than 20 enterprise customers with its own private blockchain implementation “Coinstack.”1 Coinstack is based on a modified Bitcoin architecture and Ethereum Virtual Machine executing smart contracts, bearing a close resemblance to QTUM2 and RSK.3 While Coinstack performed reasonably well for even larger-scale use-cases such as powering the authentication process for the entire customer-base of a credit card provider with millions of daily users,4 it also provided an insight into the Bitcoin protocol’s upper limit of performance and the Ethereum Virtual Machine’s incompatibility with the enterprise architecture and the developers behind them. In Aergo Ico order to better leverage the tool chain and the application architecture of Coinstack supporting actual use-cases, Blocko started working on AERGOSQL and AERGO. AERGOSQL is an innovative, new smart contract engine capable of utilizing relational data model and developing smart contracts using tools and languages familiar to enterprise developers.
Aergo Ico use Since enterprise blockchain users typically have better access to hardware in terms of both quantity and quality, enterprise blockchain implementations need to scale both horizontally and vertically.
Since the majority of enterprise development tend to be project focused, Aergo Ico is little room for experimenting and learning new languages and tools for the developers; instead of forcing developers to learn new languages to create smart contracts, enterprise implementations need to allow developers to leverage their existing knowledge and experience with familiar toolchain. At the same time, certain resources web developers take for granted, such as unlimited internet access, are not available for enterprise developers. As a result, enterprise blockchain implementations need to supply a more comprehensive development environment with IDEs, SDKs, and reference architectures than public blockchain implementations.
Businesses face pressures to ensure stringent data security in terms of confidential information and also customer / employee personal data. Often the desire for data security is a more important consideration than the immutability and integrity of data provided by blockchain. While one way to achieve data security on public blockchains is to implement an encryption and decryption layer at the application level. enterprise blockchain implementations need to provide a more robust, holistic approach to securing data.
AERGO supports a multi-paradigm, plugin-based smart contract infrastructure. Each contract can be executed or queried by a client-actor or another smart contract instance. Since AERGO provides a permissive interface with maximum interoperability between smart contract implementations, contracts written for Ethereum Virtual Machine, Fabric Chaincode, or AERGOSQL can be used with each other.
Distributed File System
AERGOFS is a core component of the AERGO platform, providing distributed file system functionalities. AERGOFS is dependent on the DD for managing metadata related to files; metadata about each file including physical location, hash value, and various statistics is stored within the DD. While smart contracts provide structured data storage with data schema and indexes for faster query, AERGOFS intends to provide the unstructured data storage capability of AERGO. AERGOFS provides a simple HTTP interface, enabling access from both smart oracles running on server environment and dApps running on web browsers.
Distributed Version Control
Unlike traditional blockchain systems, AERGO views chain forks and block reorganizations as core features of blockchain, rather than annoying side effects. By adopting git-like data models and command structure, AERGO seeks to enable collaborating on data as easy as it is to collaborate on source code.
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