What is Aion?
The Aion network declares itself to be the world’s first third generation blockchain (first gen. - Bitcoin, second gen. - Ethereum). The Aion project focuses on creating a federated blockchain network providing interoperability amongst blockchains. The network has a hub-and-spoke design with the Aion-1 as a main hub blockchain. One function of the Aion token is interchain transaction fees payment. Another token role is it’s being a part of the consensus mechanism. The Aion network uses a modified version of the Byzantine fault tolerance protocol (similar to Bitshares). The validator nodes are being elected by a process called “backing”. The backing algorithm is separated into two categories: token staking and PoI (Proof of Intelligence - protocol where a cryptographic puzzle is solved in order to back a node).
|Market Name||Traded On||Average Price||24h Volume|
|AION/BTC||Binance, Liqui, Kucoin, Bitfinex||0.00017356 BTC||$734,906|
|AION/ETH||Binance, Liqui, Bitfinex, Kucoin, IDEX||0.00237873 ETH||$361,911|
Fundamental Cryptocurrency Data
|Circulating supply||167,480,575 AION|
|Trading volume of all markets for this coin||$1,151,474|
|Aion AION Prices||
0.00 XAU (= 0.00) grams GOLD
0.06 XAG (= 1.70) grams SILVER
|Marketcap|| 29,163 BTC|
4,032.39 kg gold
312,409.43 kg silver