What is aeon? Aeon is a blockchain project that aims to provide its users with features such as privacy and usability. In this article, you can find answers to frequently asked questions such as what is Aeon, what it offers, what are its features, what is AEON coin, what is it for, how to get it. As Kriptokoin.com, we have compiled it for you. Let’s examine together.
What is aeon?
Aeon was forked from Monero, the most popular privacy-focused cryptocurrency project on the market. In other words, it has many common features with Monero. Just like Monero, it focuses on issues such as privacy and anonymous transactions. However, there is a difference from it. The Aeon is much lighter than its relative Monero. This lightness has nothing to do with privacy. Accordingly, the project is much more useful in mobile usage and resource expenditure. Aeon developers manage the project with a mobile focus. They aim that even mining can be done via mobile devices, without sacrificing privacy. However, the project aims to get ahead of Monero with its features such as speed and high scalability. AEON coin is the native cryptocurrency of the project.
What does Aeon offer?
Being one of the few projects using CryptoNode technology, Aeon provides the opportunity to perform transactions in a completely anonymous manner. The number of such privacy-focused cryptocurrency projects is numerous. However, Aeon also has various features such as privacy, high scalability, mobile compatibility and low fees. Blockchain works with a Proof-of-Work mechanism called CryptoNight-Lite. This means that users can become miners. Miners can verify transactions with their computers with high processing power. Block verification operations on the network take place within 4 minutes. However, the network is completely decentralized and community-based. Transactions taking place within the ecosystem are hidden from everyone by ring signature technology. However, there is also the ability to perform actions that can be tracked for users who want it. Traceable transactions are verified much faster.
What is AEON coin? What does it do?
AEON coin is the native cryptocurrency of the Aeon network. The token’s emission and maximum supply are the same as Monero. In other words, the altcoin has a limited supply of 18.4 million units. It has high scalability and mobile compatibility. That is, it is quite easy to use on smart devices such as laptop, mobile, desktop. The biggest use case of cryptocurrencies is decentralization. AEON coin holders can participate in the management of the platform using their tokens. Thus, they can access features such as voting and submitting proposals. A secondary use case is mining. Users with computers with high processing power can become miners. In other words, they can earn passive income by verifying transactions through their computers. Miners receive the reward for their efforts with AEON. Lastly, AEON has the project’s main goal of secrecy. Users who want to have access to the ability to perform transactions anonymously.
What is aeon? How to buy AEON coins?
The altcoin project is not currently traded on many major cryptocurrency exchanges. Therefore, access to cryptocurrencies is scarce. AEON is currently only traded on TradeOgre. Interested investors must become members of this exchange and verify their accounts. Then, they need to load an asset into their wallet that matches their AEON coin pair. Thus, they can place a purchase order for the altcoin project and purchase the token.
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