AION CEO Matt Spoke chats with BlockchainBrad (BCB) about his Third Generation Blockchain Network. But what is this? In a nutshell, it is a multi-tier blockchain system designed to address unsolved questions of scalability, privacy, and interoperability in blockchain networks. The Aion protocol enables the development of a federated blockchain network, making it possible to seamlessly integrate dissimilar blockchain systems in a multi-tier hub-and-spoke model, similar to the internet.
The Aion blockchain network is like a computer network that makes it possible for dissimilar systems to communicate. The Aion network will pass logic and value among participating blockchains as freely as liquid assets, where every transaction occurs without centralized intermediaries.
The Aion network will be centered on a public, purpose-built third-generation blockchain called Aion-1. Designed to connect other blockchains and manage its own robust applications, Aion-1 also provides the crypto-economic system that incentivizes interoperability in the ecosystem.
Roadmap position atm (Phase 2, 2018):
The second phase of the Aion release plan is targeted towards the migration from our modified EVM architecture towards the proposed AVM architecture. Development priorities of this phase include:
Introducing the Aion Virtual Machine (AVM) version 1
Aion scripting language
Proof-of-Intelligence consensus algorithm