Please write briefly: what purpose does this project want to achieve?
"æternity is a new blockchain - designed for fast and secure smart contracts interfacing with real-world data via a decentralized
oracle."
Decentralized bigdatas and predictions from models ?
Easy question. This project is here to become Ethereum 2.0, improved.
Scalability? Solved.
Low TX/sec? Solved.
Decentralized governance? Solved.
Connection of chain/contracts to real data? Solved.
Hiding private contracts from public? Solved.
Backward compatibility with Solidity contracts? Got it.
Huge, heavy blockchain, filled with trash data? Solved.
So on...
that is completely awesome but sorry still have some doubt on my head. if maybe this question are been answered before. Few weeks ago there are an Important part of aeternity team were quit of the team (Zack if I am not wrong). my question is :
Does aeternity will achieve their goal on Q4 2018? Does aeternity has enough fund to keep developing and realize the project fully?
I got little panic because I am a small investor and holding over 2000 of ae token
Zack was the guy who got the whole idea and implemented it, kudos to him (by the way, he started amoveo project, competitor of aeternity, no ICO, you should check it out on reddit & github).
But! After he left, aeternity founders hired new CTO, Joel, who showed himself as BRILLIANT leader, and with that person things started to move real quick. New coders team, with some huge professionals, weekly updates on progress, constant anwering questions on Telegram, all thanks to Joel.
Now aeternity rewrites everything from scratch, doing it very quickly, full steam ahead, new whitepaper coming in these weeks, and Q1 2018 is the target for first mainnet release.