The Technology Behind AET
The Technology Behind AET
Asia Ecology Token (AET), is a decentralized, open-source, fair-launch blockchain/digital asset project managed, developed, governed, and stewarded by AET Foundation. It is a Proof-of-Stake (PoS) protocol using its custom developed PoS consensus engine with a native digital asset, denominated as “AET”. AET integrates other features including a 2nd layer of functionality through a Masternode network that provides a decentralized governance mechanism of voting; and is currently developing new features for this layer such as the Deterministic Masternode Lists, Long Living Masternode Quorums (LLMQs) and more, as well as including the addition of the anonymity protocol “zk-SNARKs” Sapling to all transactions and staking all of these heavily customised.
All the AET supply occurs as a direct result of a static/fixed block emission rate plus any monthly budget allocation payouts. AET also has a dynamically calibrated coin-supply restrained by the burning of transaction fees. AET is an independent, application and payment agnostic blockchain. AET uses its native digital asset (AET) as both a means of rights-preserving, privacy enabling, near instant digital currency exchange as well as the reward for those who help secure, build, decentralize, and govern the AET network protocol. AET is purchased and/or obtained to be held or staked (hot or cold) or locked in masternodes by individuals who want to participate in the network.
Masternode Technology
To accurately understand the nature of a masternode, comparison with the previous system, the consensus mechanism, is useful for contextual purposes. If the consensus mechanism of token mining is considered to be the first tier of the network that processes all incoming and outgoing transactions, prevents double spending and operates as the overall maintenance manager of the network’s security, a masternode can be considered to be a second tier network with its own server that supervises the first tier.
Benefits of Masternode:
Super Instant
AET Transactions
Fast Transaction
Speed
Extremely Low
Transaction Fee
Guaranteed Security
of Network
Ultimate
Decentralization
Super Instant
AET Transactions
Fast Transaction
Speed
Extremely Low
Transaction Fee
Guaranteed Security
of Network