The Four Highlights of AOS 2.0 Plan
(1) The consensus mechanism will upgrade to “POS+PBFT+POE “, improving Mainnet performance and privacy. Most importantly, the newly added hardware mining will undertake a lion’s share of AOS coin production, which in turn enhances the AOS price. Similar to the mining mechanism of Bitcoin and Litecoin, the currency price is backed by the value of miners and power expense. Thus, the production of each AOS represents the expense of electricity and hardware.
(2) AOS 2.0 supports the issue off traditional financial assets such as stocks, funds, bonds, insurance and financial derivatives on the blockchain, and empowers traditional finance. As of today, the potential of blockchain has not be fully realized. It’s like only applying the great invention of gunpower in making fireworks, or using the steam machine for coal mine drainage. The pace of blockchain industrialization is far too slow. What AOS can do is to promote inclusive financing with blockchain technology. Only when the steam machine plays its legitimate role in transportation, logistics and manufacturing could we boost productivity and facilitate social development in all respects.
(3) AOS 2.0 leaps from competition at low dimension to high dimension game. AOS is compatible to Ethereum/EOS and other mainstream public chains. The applications attached to other public chains can easily migrate to AOS at low costs. Advanced ecological applications will converge to AOS. AOS can be analogy with a martial artists who could “absorb” the kung-fu of others and becomes the unmatchable master. The 2.0 plan leads AOS out of the low dimensional game in features and extensions, instead, competing with industrial pioneers at a higher dimension.
(4) AOS breaks the deadlock over “privacy demand — regulating/transparency requirement” thoroughly, and removes the spell that restricts the development of blockchain-based open financial development. Today, the development of blockchain-based open finance is dancing in shackles. Privacy is the fixed need in blockchain financial business. Without privacy guarantees, financial businesses can definitely not scale in the blockchain world. The prior condition to scale the financial businesses in the blockchain world is to accept and observe regulation, transparency, and scam-resistant. AOS has broken this deadlock with technical solutions. A future where blockchain-based open finance may explosive development in AOS ecology is well worth expecting.
