Aion is a cross-chain basic protocol linking different blockchains, which has the characteristics of scalability, customization, and multi-level. The protocol provides a high-performance bridge mechanism for inter-chain communication. It uses a lightweight BFT consensus algorithm to verify, sign and propagate cross-network transactions and distribute things. Different chains are connected through multiple bridges to realize data and value. delivery, each bridge can be considered its own product, its fee structure and functionality can be customized according to market needs or market segments, each network offers its own unique features, such as low fee structure and high throughput, and Other functions that provide transaction obfuscation. At the same time, the bridges use incentives to ensure the effectiveness of inter-chain communication. In the case of insufficient or unreliable incentives, cross-chain verification technology is used to ensure the reliability and security of inter-chain information transmission.

1. Project introduction

After identifying the significant shortcomings of existing blockchain solutions, nuco focuses on building a set of protocols that provide more extensive and diverse solutions for mainstream blockchain applications. In our opinion, different industries will have different blockchains to provide solutions within the industry. Therefore, the Aion network is designed to support the integrity of synergy, scalability on and between chains, and individual customization of blockchains. In this design, Aion-1 will serve as a general-purpose blockchain, stimulating and ensuring the overall operation of the network through the inherent economic model.

The AION project is highly innovative. Whether it is the concept of "multi-layer blockchain network" or the design of AION's high-performance virtual machine and consensus mechanism, it is highly original. The basic functions of AION as a main chain have been basically realized, the project progress is normal, the overall quality of the code is high, the developers have high technical capabilities and successful experience in the blockchain field, the code is updated quickly and the development enthusiasm is high.

Application scenario

Interoperability:
The need for inter-chain operations covers countless use cases. Cross-organizational applications such as: supply chain collaboration, between healthcare services and government agencies, as well as multiple internal chains within an enterprise.

The Aion protocol defines a high-performance bridge mechanism for inter-chain communication: it allows multiple bridges between chains to realize the transfer of data and value. The bridge mechanism relies on incentives to ensure the effectiveness of inter-chain communication.

In the case of insufficient or unreliable incentives, Aion uses cross-chain verification technology to ensure the reliability and security of information transmission between chains. The core of this solution design is the world's first public enterprise blockchain: Aion-1.

Aion-1, a trustless software execution platform with a strong encryption economic model, has the following characteristics:

• Allows the creation of unlimited Spokes: custom blockchains, and can be connected to all other blockchains in the Aion network, allowing users to customize governance, issuance and participation methods;
• Provide all Spokes in the Aion network An inter-chain communication mechanism for data and value transfer;
• Connect to the Ethereum main blockchain, allowing AION tokens to be seamlessly transferred between Aion-1 and the Ethereum platform.

Scalability and Effectiveness:
The current blockchain has the problem of slow transaction processing, and commercial and government applications usually require high transaction processing speed. The design of most blockchain systems is not enough to support the application requirements that require a large amount of data. Therefore, the Aion network will solve this problem by introducing a new high-performance virtual machine (Aion Virtual Machine, AVM) and a scalable database.

Customizability:
Many enterprises have high demand for blockchain management to control access rights due to security, privacy or business/partnership reasons. Even in a single large enterprise, the application range of the blockchain is wide enough to require a solution for the coexistence of multiple blockchains, that is, each blockchain has different semantics, operations or governance attributes, and at the same time satisfies the transmission of information security between chains .

Furthermore, mining chains are too dependent on entities (miners) outside the control of the business, which can cause problems for the business. ION aims to solve the following challenges: Allow custom blockchain design (including different consensus algorithms and virtual machines) without sacrificing synergy; Create a consensus mechanism based on artificial intelligence algorithms and representative rights As a multi-layer blockchain network, the network aims to provide a network environment where multiple blockchains work together to solve unique problems in the industry, and to provide assistance for modern services. Aion will be the common protocol for these blockchains to build more efficient and decentralized systems.

Technical Overview

The elements of AION's multi-layer blockchain network are as follows:

Routing:
As mentioned above, the AION multi-layer blockchain network communicates with each other through the "bridge" + "connection network". Communication of information is a multi-stage process. At each stage, witnesses verify a transaction and reach a consensus on whether to continue forwarding the transaction or reject it.

Brige:
A bridge is a communication protocol between the blockchain network and the connected network in the AION system. The bridge itself is also composed of its own witness network, and the witnesses reach a consensus through a lightweight BFT algorithm. The two main responsibilities of the bridge: sign and forward the cross-chain transactions that have been included in the original blockchain and pay the cross-chain communication fee; notify the connected network to update the merkle hash value of the participating network.

State (State):
Complete the state cycle of cross-chain interaction via "bridge" + "connection network":
*When the bridge witnesses participating in the network receive the cross-chain transaction for the first time, The status changes to "Receiving".
*If more than two-thirds of the bridge witnesses vote for the cross-chain transaction, the connection network will change the state of the cross-chain transaction to the holding state, which will trigger an event, in which the corresponding connection network Token will be locked, until the transaction is processed.
*If less than two-thirds of the bridge witnesses vote for the cross-chain transaction, the status will be rejected.
*State-holding transactions will be forwarded by bridge witnesses connecting the network and the next blockchain on the route.
*After receiving confirmation from the target blockchain, the status changes to "confirmed".
*If no acknowledgment is received, the status will change to "Timeout".
*For a confirmed cross-chain transaction, the status becomes "Confirmed" and all locking fees are allocated to the connecting network and bridge witnesses.

Two. Comment

Aion is a third generation blockchain network that will enable any public sector or private organization to:
• Integrate: send data and value between any Aion compatible blockchain and Ethereum .
• Scaling: Provides fast transaction processing and increased data capacity for all Aion blockchains.
• Spoke: Allows the creation of custom public or private blockchains that maintain interoperability with other blockchains while allowing publishers to choose governance, consensus mechanisms, publishing and participation methods.

At the core of the AION network is a uniquely designed public third-generation blockchain, Aion-1. Designed to connect to other blockchains and manage its own extensive on-chain processes, Aion-1 also provides an economic system that incentivizes interoperability. AION token as fuel for the entire network can be used to create new blockchains, monetize cross-chain bridges and secure the entire network.

Related Links:

https://theoan.com/
http://www.qukuaiwang.com.cn/szhb/2529.html###
https://info.binance.com/ cn/currencies/aion
http://www.genesisfor.com/life1/life11/116.html