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||0.00006130 BTC||$824,120|
|AION/ETH||Binance, Liqui, Bitfinex, Kucoin, IDEX, Etherdelta||0.00133541 ETH||$206,578|
Fundamental Cryptocurrency Data
|Circulating supply||198,593,967 AION|
|Trading volume of all markets for this coin||$1,062,982|
|Aion AION Prices||
0.00 XAU (= 0.00) grams GOLD
0.03 XAG (= 0.85) grams SILVER
|Marketcap|| 12,180 BTC|
1,818.48 kg gold
144,395.88 kg silver