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Aion Scheduling System

Total Users
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Volume
The fiat value of incoming dapp transactions over a period of time
$0
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$120
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Blockchain
Ethereum
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Governance Takeover Exploit Drains $158 Million from Token of Power Protocol

Governance Takeover Exploit Drains $158 Million from Token of Power Protocol

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A governance exploit against the Token of Power protocol resulted in a loss of approximately $158 million in WETH.
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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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