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).
|Current Aion Price
|Circulating / Total Supply||448,954,390 AION
|Source Code||Code Repository|
ATH Daily Volume
YTD Daily High/Low
Aion active markets
|Market Ticker||Traded Against||Traded On||Average Price||24h Volume|
|AION/BTC||Bitcoin||Binance, Bitrue, DragonEX, LATOKEN, Kucoin, Bitfinex, Bilaxy, RightBTC||0.00001026 BTC||$2,188,081|
|AION/ETH||Ethereum||Binance, LATOKEN, Kucoin, RightBTC||0.00030660 ETH||$163,353|
|AION/BUSD||Binance USD Stable Coin||Binance||0.11770000 BUSD||$61,065|
|AION/BNB||Binance Coin||Binance||0.00547000 BNB||$34,726|