Aegeus (AEG)

• Main reasons for dead coin listing Joke or No Purpose.
• Started 2018, Ended 2018.
• Social media ended 2018.
• Trading ticker (AEG).
• 43,280,999 Coins total.
• Not available to trade on any exchanges.
• Was built on standalone blockchain.
• Website is down.
• The Founder/SEO is Unknown.

Notes

Failed ICO, Website down and no social media.

Links

https://web.archive.org/web/20190109011820/https://www.aegeus.io/ https://www.coingecko.com/en/coins/aegeus

Aegeus In a Nutshell

Aegeus, pronounced 'Ay-Gus' means 'Protection' or 'Shield' in Greek.
Based on PIVX, Aegeus is a Proof of Stake coin that provides instant and secure transactions across its network.
Aegeus has a primary focus on secure data storage and distribution using IPFS and custom built protocols.

PoS 3.0

Aegeus is one of the first proof of stake cryptocurrencies to be based on the *0.10 version 0.10 or higher Bitcoin codebase. This PoS structure does away with coin age. To enable you to make the most of your staking, you must keep your Aegeus wallet open at all times. Having your wallet online at all times will result in more available nodes, thus strengthening the network. With a stronger network, rewards will be distributed fairly across the network and will be removed for inconsistent network users.

SWIFT TX

Aegeus offers SwiftX transactions that are confirmed and spendable within seconds, guaranteed by the network of masternodes. There is no need to wait for multiple confirmations in order to be confident in the validity of the transaction. SwiftX not only delivers lightning transactions but also peace of mind to both sender and recipient. SwiftX is highly sought after in established currencies due to their close backing with the masternode network which makes it more stable and consistent for network users.

Masternodes

Aegeus Masternodes are incentivized nodes that receive rewards based on their availability and their ability to offer network services in a decentralized and trust-less manner. 50,000 collateral is required in setting up an Aegeus masternode. Masternode owners are also afforded the ability to vote on budget and developmental proposals. Masternode owners make up the backbone of the Aegeus network. Aegeus offer a 10/10 masternode/staking block reward.

Data Storage

Aegeus is creating a private storage network using a custom fork of IPFS. This will enable data availability while at the same time reward those who are running storage nodes considerably for their reliability. Aegeus will take user-provided data, encrypt it with the intended party's key and securely push it onto the storage network using reference locations. Data can be text, image or video based. Sending and storing data this way becomes cheaper, more efficient and highly secure.

Data Distribution

Distributing highly sensitive data through centralised means can be very risky. Harnessing the power of P2P, and highly secure Aegeus custom algorithms alleviates this concern. If you or a company wishes to send large amounts of sensitive data to users, not only will you save on costs but you'll also ensure peace of mind via secure delivery and efficiency. User control is of vital importance in today's data world. Aegeus gives data control and ownership back to the user.

IPFS

Aegeus will utilize IPFS to securely share data with access only granted to the intended party. IPFS or Interplanetary File System, is a distributed file system that seeks to connect all computing devices with the same system of files. Rather than referring to pictures, articles and video objects via their server location, IPFS refers to everything using the hash on the file. So if you want something, IPFS will ask the entire network for a particular file relating to a specific hash.