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, Kucoin, Liqui, Bitfinex||0.00005536 BTC||$1,262,228|
|AION/ETH||Binance, Liqui, Kucoin, Bitfinex||0.00175122 ETH||$108,688|
Fundamental Cryptocurrency Data
|Circulating supply||259,459,855 AION|
|Trading volume of all markets for this coin||$1,382,449|
|Aion AION Prices||
0.00 XAU (= 0.00) grams GOLD
0.02 XAG (= 0.57) grams SILVER
|Marketcap|| 13,606 BTC|
1,774.34 kg gold
150,958.67 kg silver