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Aeternity is a blockchain platform designed to enable smart contracts and decentralized applications with a focus on scalability and efficiency through its use of state channels and off-chain computation. Its key innovation is the integration of oracles directly into the protocol layer, allowing smart contracts to securely access real-world data without relying on external services. The platform aims to reduce transaction costs and improve speed compared to traditional blockchains by processing most operations off-chain while maintaining security guarantees.