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  • Essay / What it takes to pioneer in a decentralized world

    Founded by Blocko COO Phil Zamani, Blocko CTO Hun Young Park and blocko advisor Roderik van der Graaf, Aergo has all the right ingredients for a successful run, it has all the right technologies, it has significant funding (they hope to raise a little more in an ICO to do the job) and above all a strong team behind it - to accomplish its task main. That is, helping businesses create and launch efficient and scalable dApps on cloud-based infrastructures. One of AERGO's greatest strengths lies in its platform, public blockchain may seem like the best solution, especially if you are looking to develop a platform that is transparent and trustworthy, but its permissionless nature makes it less secure and prone to inefficiencies. Once data accumulates and the network grows in terms of the number of nodes it needs to validate new transactions, it normally slows down. Not to mention that a large number of nodes opens the network to many potential failure points while consuming a lot of energy. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an original essay But what can you do? Decentralized trust is really what makes Blockchain what it is, if you start putting limits on it it loses its purpose. Therefore, AERGO claims that you do not need to be caught in this impossible dilemma since the platform allows you to combine both worlds, all you need to do is choose an arrangement that suits you. So whenever you're looking for high performance, you have the option to go back to a permissioned private blockchain and whenever you're looking to innovate, you can seamlessly migrate to the public blockchain. To achieve this, many technologies are used under the hood. You can read AERGO's technical white paper here - Blockchain has some weaknesses that could prove quite difficult for AERGO to overcome: See Blockchain has a steep learning curve and it can prove quite difficult to master, even for skilled developers. For businesses, it's hard to find developers who can code an entire dApp for you, but it's even harder to find the right blockchain developer to hire. Indeed, several companies have turned to headhunting to find the best talent for a project or even to join their team. Since AERGO is an open source platform, this could pose a problem as it makes sense that the channel needs developers and IT experts to constantly engage with the platform, develop dApps and participate to all projects and topics presented. If this figure is too small, organic growth of the ecosystem is not a viable option. Another weakness that could affect AERGO concerns errors in the system. As human beings we are prone to making mistakes, it can come to a point where the data recorded on a channel is inaccurate or of poor quality, which can disrupt any events that take place subsequently, considering the entire chain. "untrustworthy" events. AERGO does, however, offer some lucrative opportunities. We currently live in a sharing economy, people have become accustomed to the idea of ​​sharing their resources with complete strangers, and in reality, platforms like Uber and Airbnb have a lot to do with this and thanks to online reviews, to rating systems and online forums,People share information with each other at any time so users know that whenever they are looking for services, they can rely more on the word of other users on the platform than on speech. given through official channels. You can notice this every time you visit IMDB trying to find information about a movie you'd like to binge on and it's amazing. Reviews are everywhere now, and it doesn't stop there, because as the world becomes more and more connected, we've seen entirely new types of businesses spring up, with startups like GitHub becoming brands worth billions of dollars simply by using collaboration practices on an open source platform. While all of these platforms are great, they may need improvement. Firstly, it would be good to know that your data will not all be stored in a centralized location somewhere where your data can be easily manipulated or, even worse, fall into the wrong hands (hackers! :))AERGO wants the world to adopt decentralized platforms more quickly. To do this, it allows companies to provide their services on distributed and inexpensive computing architectures, this is called serverless computing. This doesn't exactly mean that no servers are involved, it just means that businesses don't need to own virtual machines or servers to achieve this. log in and it's very amazing. It's a bit like what AWS does, but entirely based on blockchain. Basically, it does all the heavy lifting so developers and businesses don't need to spend a lot of time trying to understand the difficult programming languages ​​needed to get by. the door or get distracted trying to manage complex architectures, whatever they need to focus on innovation and creating value for the end user. So, the world entering an era of socially open thinking is exactly the fuel AERGO needs to move forward. Faster internet speeds, deeper mobile penetration and better technologies also reinforce that open and transparent platforms are indeed the future. WeChat, a messaging service The Chinese application is the perfect example. Although it is not based on blockchain, it provides a glimpse of what a decentralized economy could look like. With just one app, WeChat allows users to enjoy several different but fully integrated services, users can order food (like they would on Deliveroo), users can also hail a taxi (like they would on Uber) , users can also share on social media while messaging people they know and it doesn't stop there, users can pay bills, make appointments, play online games, transfer money and much more from one convenient place. Because WeChat provides developers and merchants with APIs for location, payments, messaging, and even user IDs, they don't need to spend their time and money developing their own systems, all they have to do is What they do is build on the technology stack they already have to offer their users the best web experience they need. could ever ask. Threats Aergo faces.1. Increased competition. Sure, AERGO may offer revolutionary technologies, but every day that passes is another day that a competitor is looking for.