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, Bitfinex, Kucoin||0.00006700 BTC||$1,355,670|
|AION/ETH||Binance, Kucoin||0.00212400 ETH||$146,601|
Fundamental Cryptocurrency Data
|Circulating supply||242,806,287 AION|
|Trading volume of all markets for this coin||$1,529,096|
|Aion AION Prices||
0.00 XAU (= 0.00) grams GOLD
0.03 XAG (= 0.85) grams SILVER
|Marketcap|| 16,263 BTC|
2,434.14 kg gold
203,985.79 kg silver