AfterEther ICO & Token Sale
The Rapid adoption of blockchain technology presents an unforeseen challenge – scaling. As new users take up cryptocurrencies, the blockchain network risks becoming clogged, possibly slowing down transactions, a factor that could, in turn, lead to an increase in transaction costs.
The two players that could be affected most by this are the big boys; Ethereum and Bitcoin. Ethereum currently handles 800k transactions per day while Bitcoin handles 500k transactions daily. This translates to around 10 transactions per second for Ethereum and six transactions per second for Bitcoin.
Since both platforms aims at processing the same number of transactions as Visa (56,000 per second), you can see the amount of work that needs to be done. Jumping from processing an average of 10 transactions a day to 15,000 transactions daily is no small task.
What further complicates the matter is that the algorithm required to create the chain blocks in a blockchain can only be written one page at a time. The process can’t be parallelized without destroying the integrity of the system. This means that blockchains can’t be scaled!
How AfterEther solves this problem
An expanded version of Ethereum, AfterEther is determined to solve this problem using currency-clustering.
Clustering is a computing technology that refers to running multiple networks of a single system. When completed, AfterEther’s currency-clustering system will generate a new blockchain every time congestion is detected in the preceding Ethereum blockchain, effectively removing the scaling bottleneck.
Consumers are free to invest in the project. You can buy a share of AfterEther anytime using ETH coins. 1AET = $0.8.