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Roma: aeternity mainnet goes live

Posted: 30 November 2018 5:40 pm

Rome wasn't built in a day, but one day there was something that wasn't there before.

The aeternity mainnet is now live. This version has been dubbed Roma, and is intended primarily for developers, miners and early adopters who want to try the real network out and see what it can do. These early days of the mainnet are intended to be an opportunity to shake out the network, to see if any kinks emerge and for builders to start putting it through its paces.

Aeternity founder Yanislav Malahov took the opportunity to tweet the Genesis block hash, as has become a tradition of sorts for these kinds of events.

The first and last step

"After two years' hard work, æternity has created a system that delivers on the original promise of enabling faster transactions without sacrificing rich functionality and decentralisation," Malahov said. "The protocol is based on an entirely new architecture that builds on the lessons learned over the past 10 years of blockchain-focused research."

There have been a great many such lessons very deliberately integrated into aeternity's structure.

juicy crypto words

"The launch of Roma is an important step toward mainstream adoption. We think of æternity as a community-centered blockchain. We will continue to develop and propose the incorporation of new features and improvements to the protocol. Our main goal is to continuously increase its user-friendliness and enhance its utility for developers and users," Malahov added.

And the best way of doing this is by welcoming developers on board, inviting more miners to put their machines to work on aeternity and growing it.

But it's still early days, as the aeternity mainnet launch announcement notes.

"æternity is a work in process and this initial release may be prone to attacks and instability. As is the case for public blockchain releases and hardforks, there is a period of time required for mining power to accumulate, stabilise and decentralise. Despite all the simulations we have performed, a live, public blockchain can only really be battle-tested in the wild. It is possible that code imperfections will manifest themselves and cause disruptions," it warns.

But by design, and once again in line with lessons learned over the last 10 years, aeternity has been designed to evolve swiftly and agilely in these early days.

"Despite these caveats, we are confident that Roma is a stable and secure release," it says. To this end, it points at a technical audit from cnlab which found aeternity fit for release, and on the whole probably as clean as any other top-tier cryptocurrency project.

It will be interesting to see the aetenity ecosystem develop over the coming days, weeks, months and years, sliding into its unique niche as an innately high-speed proof of work dapp platform.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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