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Aion Scheduling System

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Ethereum
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News

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South Korea's Crypto Tax Legislation Set for 2027 Implementation

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The South Korean government is preparing to implement the Income Tax Act for crypto assets in 2027, imposing a 20% income tax rate.
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Andrew Smith

Poland's Prime Minister Urges Crypto Regulation Amid Fraud Scandal

Poland's Prime Minister Urges Crypto Regulation Amid Fraud Scandal

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Poland's Prime Minister Donald Tusk links the failure to pass crypto regulations to a fraud case involving the Zondacrypto exchange, emphasizing the need for investor protections and regulatory frameworks.
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Jacob Williams

ZachXBT Accuses LAB of Insider Trading and Market Manipulation

ZachXBT Accuses LAB of Insider Trading and Market Manipulation

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Crypto investigator ZachXBT accuses LAB of insider trading and market manipulation, claiming insiders control over 95% of the token supply.
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Zainab Kamara

What is Aion Scheduling System?

Given the structure of Ethereum, it is not possible to schedule calls to contracts at a point in the future. This is because smart contracts cannot subscribe to events and therefore all the actions need to be triggered by an entity external to the contract. In many applications, one may be interested in scheduling an operation (transaction, execution of a particular function) in the future. Aion is a smart contract-based system that solves this problem. With Aion, transactions of any type (ether transactions, tokens transfers, contract's function executions, contracts deployments, and in general any bytecode instruction) can be scheduled to be executed at a particular time or block in the future.

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