AION is a multi-tier system designed to address the scalability, privacy, and interoperability challenges of blockchain networks. AION’s vision is to create a network of blockchains, where each blockchain can communicate with each other natively without the need for a central intermediary. The AION network enables the development of a Coordinated Chain Network (CCN) where member chains can interact with each other through a variety of mechanisms including:
– Cross-chain transactions: Users will be able to seamlessly transact with each other across different blockchains without the need for a centralized intermediary.
– Interchain services: Users will be able to access services provided by other chains in the network.
NOTE: WARNING: Coinbase does not currently support AION. Coinbase has not provided any timeline for when or if AION will be supported in the future. Trading or investing in AION on Coinbase is not possible and any attempts to do so may result in the loss of funds.
For example, a user on one chain could use a smart contract deployed on another chain.
– Joint Chain Security: The network will provide increased security for all chains through coordinated security efforts.
Coinbase does not currently support AION, but it may in the future.
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