Aeternity (AE) Blockchain Project Announces LIMA hard fork from Ethereum Blockchain | BTCMANAGER
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Aeternity (AE), a next-generation open-source distributed ledger technology (DLT) network that claims to offer developers a robust platform for the creation of decentralized applications (dApps), has launched its LIMA hard fork, to provide AE miners with the most up to date software and entirely hand over governance to the community, according to a press release on October 5, 2019.
Aeternity Launch LIMA Hard Fork
In an effort to give more power to its community member, make the latest software available to miners and improve the general state of the network, the Aeternity core development team have launched the LIMA upgrade.
As stated in a press release, the LIMA hard fork represents the third major upgrade of the Aeternity blockchain in 2019 and the team says it comes with various exciting features including a highly sophisticated, improved Virtual Machine, which it claims beats other blockchain networks in terms of efficiency and gas consumption.
LIMA also comes with a unique governance and .chain naming system to challenge Ethereum as well as other distributed ledgers. The team claims the .chain.Names will be auctioned and they can be mapped to any address on the Aeternity blockchain.
What’s more, the team has made it clear that the LIMA protocol upgrade also comes with the Fast Aeternity Transaction Engine (FATE), a Virtual Machine that makes it possible for the network to support smart contracts.
Specifically, the team says the new Virtual Machine consumes 10 times less gas as compared to other blockchains,