[Music]
What is Aces? Aces stands for
Ark contract execution services and is the
first proven internet of blockchain
application that is able to trigger
smart contract on other platforms. it's a
protocol based on arks smartbridge
technology that goes beyond simply
exchanging coins and tokens by opening
the possibility to communicate with and
trigger events on other blockchains
Aces is a community project and its
developers plan to combine it with a
decentralized marketplace which will
consist of many people who set up ACES
nodes and offer their interoperability
services to everyone who wants to send
ark to another blockchain. In its early
stages Aces connects Ark with ethereum
and can be already used to simply send
Ark to an ethereum address or to trigger
an ethereum smart contract with Ark coins
In the future the Aces developers aim
to offer a variety of blockchain
interoperability services and connect to
different platforms if they are widely
used, such as Neo, Stratis or others.
aces-ark.io already offers a simple
platform to use the Ark-Ethereum
cross blockchain functionalities and
the according guides to get in.
I followed the how-to guide step by step
without outside assistance and I was
able to execute an Ethereum transaction
and a smart contract deployment. both
successfully. let's get directly to use
Aces itself by clicking on use Aces on
the top left corner. The available
service at launch are Ethereum transfer
and Ethereum contract deployment. let's
do a simple transaction first. the first
box named service capacity simply says
how much Ethereum is currently
available on the Aces node to allow an
Ark-Ethereum transaction. Obviously you
can't successfully do a transaction
beyond the service capacity because
that's all ether the node can transfer
if your request exceeds the current
capacity of the Aces node, the
transaction fails and your spend Ark
will be sent back to
the return address. the next two boxes inform you
about the required fees of this
particular Aces node. additional to the
blockchain transaction fees of Ark and
the other blockchain, in this case
etherium, the financial incentive for
the Aces operator is the possibility to
set up a fee for his or her service. the
provider can choose a flat fee, a
percentage fee, the combination of both
or none at all. Aces ASIS transaction time
includes the Ark block target time of
8 seconds and in our example the Ethereum
block target time. the last box tells
you if the node is currently available
or not. if due to whatever reasons the
requested a Ethereum transaction doesn't
get completed the Aces user gets his Ark
sent back to the entered return address
there's also a collateral model planed in
the future which adds even more security
for Aces users. the ethereum transfer
contract deployment requires more
attention since it's aimed for
developers to build on top of it and
to create their own templates. But I managed
to successfully trigger my own
hello world version to the Ethereum blockchain
by following the previously mentioned
Guide. The link to my completed
transaction is in the description box
Everyone can set up an Aces operating
node and offer its current available
services. The project is open source
that means it's code can be seen at
github and if you are a developer you
can contribute to the project. The
website aces-ark.io provides
different tutorials and explanations for
everyone who is interested to setup an
Aces node. You can set up local nodes and
public nodes. the local node is basically
private and will not be seen by other
users. local nodes could be needed if you
want to interact privately between
blockchains. public nodes will be listed
at the upcoming marketplace directory
and are available for all users.
the marketplace directory will track
performance capacity and fees, similar as
that's the case for Ark delegates. It's
up to the ASIS operator how he keeps up
the service capacity. Aces operators can
profit from offering their service with
an included fee or for example by buying
cheap coins and offering them as the
Aces capacity when the price went up.
An Aces operator could also build up his or
her own platform with a variety of
services similar as shapeshift. the usage
of Aces depends on the creativity of
developers or the demand in the
community. For instance Aces could be
used as a cross blockchain highway for
decentralized applications that work on
Ethereum and want to communicate to an
application based on Neo, Stratis
Bitcoin Rootstock or others. this would
give corporations more flexibility to
decide with whom they want to interact
and make business
the Aces developers also aim to connect
their protocol to arkVM which is the
smart contract platform of Ark itself
also the individual user has more
flexibility in his decisions for
instance which decentralized application
he wants to use especially if he can
choose between competitors. Aces can also
be used to avoid centralized exchanges
since the side-effect is having a
decentralized exchange marketplace.
You could exchange Ark directly into Bitcoin
or use Monero as an additional privacy
function for your transactions. A widely
used decentralized exchange makes
government's attempts to ban specific
cryptocurrencies practically impossible.
In the long run it's the plan to
connect Ark with more blockchains
and create a marketplace for the
directory of services and possibly even
service clubs. Let's sum up what Aces
offers: interoperability between
decentralized applications or
individuals the focus is on contract
interoperability but can also be used
for simple transactions. decentralized marketplace
the more aces operators the
more trustless and decentralized it gets
the side effect of aces is basically
that it can also function as a
decentralized exchange. flexibility:
with interoperability there comes flexibility
individuals and corporations don't need
to buy and hold various coins or tokens
or have to move their application to
another blockchain with Ark they can
decide on the fly which service they
want to use. the Aces technology is an
internet of blockchain application and
it's the cornerstone of a variety of
upcoming developments in real-world use
cases. It's success heavily depends on how
many people participate as developers
operators and users and how many widely
used blockchains it interconnects with
Ark. For additional questions and the
latest updates about Aces: check out the
website aces-ark.io, visit their github
or the Ark-Slack. I hope you can now
imagine what Aces is about, that you
learnt something and that you liked this
video. Please make sure to connect to my
social media as I gonna go through a lot
more of these cryptocurrencies. Hit like
and subscribe and share this video on a
crypto platform. thanks for watching
[Music]
[Applause]
you
Không có nhận xét nào:
Đăng nhận xét