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The Daily Hodl
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Aion’s New Blockchain Network Aims to Serve Bitcoin, Ethereum, EOS, Cardano, NEO

by Daily Hodl Staff
April 27, 2018
in Altcoins
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎
‎‎‎ ‏‏‎

The Aion Network just launched its public blockchain network. Wednesday’s launch marks the main framework of the Aion-Kilimanjaro ecosystem that allows separate blockchains to work together to share information and process data.

If blockchain is the new internet, Aion is designed to be the new TCP/IP protocol of the new decentralized internet – built on blockchain technology. The public network, acting as a relayer between blockchains, allows developers to build bridges to other blockchain networks.

The hope is that blockchain connectivity on a mass scale will foster full-scale enterprise solutions and applications. Right now, cryptocurrencies represent 1,000+ unconnected blockchain projects that share digital ledger technology but have no interoperability. Aion’s network aims to build the bridges.

As a third-generation blockchain, Aion goes beyond first-generation blockchains that are designed for peer-to-peer transactions, like Bitcoin, and second-generation blockchains that process more complex functions, like Ethereum smart contracts. It brings all of the blockchains together and creates a fabric, similar to the web.

In this new design, instead of people connecting through social media channels or Google searches or forums, blockchains using their own distinct protocols – Cardano, Ethereum, Bitcoin, NEO, Tron, EOS, NEM – will connect, communicate, share, reach consensus and perform complex operations together.

As all of these blockchains speak different languages, Aion will act as the interpreter.

The Aion-Kilimanjaro launch doesn’t yet mean the transfer of any Aion tokens from the Ethereum network to the new blockchain. Aion will post additional details on that phase in a few months.

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