AERGO: Showing You More About The Blockchain Fuel For Autonomous Bu...

Introduction

Hello Steemians,
What you'll be reading on this post is not something new, I already posted about them here and if you have been keeping up with the everyday buzz of the blockchain and cryptocurrency sphere, you will have heard about AERGO, the blockchain fuel, which is the 4th generation blockchain aiming to bridge the space between the crypto sphere and enterprise sphere.
Hence, I'll be giving a concise detailed review about them.

What Will AERGO Do?

AERGO is aiming to create an open source blockchain protocol that will be “enterprise prepared”. Using this advancement, developers and businesses would finally have the ability to design, develop, and build their application on the blockchain within the cloud, further providing users with the option of deploying these apps on either a public or private blockchains.

In their aim of being the next generation blockchain, AERGO will resolve the challenges of IT integration, software development, privacy, scalability, interoperability that are faced by existing blockchain.

It will provide features like SQL, reactivity, and isomorphic programming, while also introducing a new software stack consisting SQL, Aergo, and Meteor. This is implemented in order to create a platform where developers can easily develop and deploy decentralized applications (dApps) within the cloud at a high transaction speed but at a lower cost.

Why AERGO?

We are familiar with the sentence “Talk Is Cheap” meaning every project is as useful as to the problem it is solving. With AERGO, the problems of the existing blockchains will be solved. The main one being the inability of existing blockchain to properly encourage improvement of businesses based on them. AERGO will remedy this challenges by providing the enterprises and developers a platform where they can easily develop all they need to run their business smoothly. This offer these participants the option of selecting the kind of network they want to run their software on, be it private or public. This brings a lot of flexibility to their works.

Why AERGO Is Special

The AERGO platform may beat its competitors as it has a ready made market already, as the technology it is based on is already in use by millions of clients and has high level of adaptability, which is capable of accommodating the fastidious nature of this era.

They are not offering an experimental platform but a working platform that will provide solutions to all problems of the existing blockchains.

Simplicity is also guaranteed on the platform as users will not be faced with difficult computing codes but an easy language so as to encourage more users to enjoy the benefits of blockchain, while it also improves performance among developers.

AERGO Security Measures

In order to guarantee a safe network, the AERGO platform will use the deterministic Delegated Proof of Stake consensus algorithm. It is a reputation and stake based system that introduce trust and security to the ecosystem. A novel score based autonomous delegation algorithm will also be implemented to improve the quality of services.

Contribution AERGO Will Make To The Blockchain Economy

Even though the development and deployment of the viable blockchain technology is still at its early stage, it is no longer a secret that majority of the organizations of different sizes are mandated to integrate the distributed ledger technology with their business models very soon so as to remain relevant.

However if AERGO eventually succeed in bringing the permissioned and permissionless chain, enable organizations to develop and deploy their own personal blockchain application/software, then they will have contribute to the blockchain economy as its usage will be significantly throughout the business space.