The Aion Network (AION) is a multi-tier blockchain network designed to enable the decentralised internet, in which many blockchains exist to solve unique industry problems and to power the services of the modern world. Aion will become the common protocol used for these blockchains, enabling more efficient and decentralised systems to be built.
Phase 1 of Aion network development focuses on launch technologies that will be functional for the first version of the live system. The Aion network will:
• Utilise an optimised version of the Equihash PoW algorithm (Equihash2109) while we continue to design and develop our hybrid consensus system.
• Leverage the FastVM, a performance optimised Ethereum VM, for faster and economical contract execution.
• Support a mechanism for AION tokens on Ethereum to flow seamlessly and become native AION coins.
Learn more about Aion here.