REVIEW: AERGO

in aergo •  6 years ago 

AERGO's Performance
Improved performance is the AERGO's highlight. AERGO is attempting to come up with a more relevant consensus mechanism that will be used to realize a better and fast ecosystem. They have proposed parallelism, which is a consensus mechanism that carries out common process concurrently. To get the best of out of the process, parallelism will be done at block and transaction level.

To achieve efficiency, they reduce the time spent on creating new blocks and nodes in processing newly created nodes. In block processing, parallelism will be done at different stages to make the platform as efficient and effective as possible. Along with enterprise specialization, enhance performance will be a key selling point for AERGO.

Industries and the world at large are adopting advanced technologies in pursuit for service improvement, better experience, and production efficiency. They also adopt these technologies to meet the requirements of the ever-changing and fast growing domestic and international environments.

It is the same in the enterprise world as technology and information technology have become operational platforms. Reassurance in the form of privacy, better security and cost reduction are offered by blockchain. These make blockchain an essential part of the enterprise sector.

AERGO aims to be the premier blockchain in realizing enterprise and blockchain integration. With Aergo’s proposed platform, they are more than capable of revolutionizing the blockchain an enterprise sector.

Potential Weakness
While many has given positive review about AERGO, here's are some potential weakness in my opinion. AERGO is releasing at the worst possible time. Blockchain technology application for enterprise solution is picking up the pace. Industry titans like AT&T, IBM, and Microsoft, have started making entries into blockchain products. These industry titans have a sole purpose in the blockchain sector, and that is blockchain enterprise adoption.

The will not only be competitors to AERGO but also offer strong completion to AERGO considering their existing technology infrastructure and vast resources. Microsoft, a technological and software powerhouse, has developed and released plans for their enterprise blockchain solutions.

AERGO should have reconsidered their bold a million transactions per second. This bold statement lacks a strong foundation to back it. Everyone is waiting to see how AERGO’s beta version will perform. The beta version will be released in the last quarter of the year.

Concerns about AERGO
Within the crypto and blockchain community, the awareness for AERGO is very low. However, this is likely to increase in the August after the release of the beta version and eventual sale. As mentioned above, the competition within the crypto and blockchain market is stiff. Technological powerhouses like Microsoft are likely to dominate, but there is enough room for AERGO.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @joelcl86! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made your First Comment

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemitBoard Ranking update - Steem Power, Followers and Following added

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @joelcl86! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!