What is Aurora (AURORA)? High Scalability Blockchain for DApps

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Bittime - The world of blockchain is evolving rapidly, with new platforms emerging to meet the needs of developers and users. One platform that is attracting attention is Aurora (AURORA). Aurora offers an innovative solution to scalability and cost, two major obstacles facing blockchain today.

What is Aurora (AURORA)?

Aurora is an Ethereum-compatible, highly scalable blockchain platform designed to bring scalability and low costs to DApps developers . Built on NEAR Protocol, Aurora enables developers to deploy their DApps with high throughput and low gas fees.

Aurora (AURORA) Key Products & Features

Aurora EVM

An Ethereum-compatible virtual machine that allows DApps developers to deploy Solidity smart contracts without modification.

Aurora Bridge

A two-way bridge connecting Aurora with Ethereum, enabling secure and seamless transfer of assets and data.

Aurora SDK

A comprehensive software development kit to help developers build DApps on Aurora easily.

Aurora Grants

Funding program to support developers building innovative DApps on Aurora.

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What is AURORA Token

AURORA token is the native utility token of the Aurora platform. This token is used for:

• Pay gas fees on the Aurora network.
• Stake to earn rewards and improve network security.
• Participate in the governance of the Aurora platform.

AURORA Token Tokenomics

• Total Supply : 10,000,000,000 AURORA
• Initial Circulating Supply : 1,000,000,000 AURORA
• Token Allocation :
  • 30% - Aurora Ecosystem
  • 25% - Public Sale
  • 20% - Aurora Team
  • 15% - Reserve Fund
  • 10% - Advisors & Investors

Aurora Fundamental Analysis (AURORA)

Technology

Aurora uses NEAR Protocol sharding technology to achieve high scalability.

Team

The Aurora team consists of experienced engineers and entrepreneurs with a proven track record in the blockchain industry.

Community

Aurora has a rapidly growing community of developers and users.

Partnership

Aurora has established partnerships with several leading blockchain projects.

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Comparison of Aurora (AURORA) & Competitors

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Expert Opinion About Aurora (AURORA)

Experts are generally positive about Aurora. They believe that Aurora has the potential to become the leading high-scalability blockchain platform for DApps.

Experts are generally positive about Aurora. Here are some of their opinions:

1. CoinMarketCap

CoinMarketCap, a leading cryptocurrency data website, gave Aurora a "Good" trust score. They note that Aurora has an experienced team, solid technology, and a fast-growing community.

2. The Block

The Block, a leading blockchain news publication, praised Aurora for its high scalability and low gas fees. They believe that Aurora has the potential to become a leading DApps platform.

3. Messary

Messari, a leading cryptocurrency research firm, published a positive report on Aurora. The report highlights Aurora's sharding technology, which allows the platform to achieve high scalability without compromising security.

4. Delphi Digital

Delphi Digital, a leading cryptocurrency investment and research firm, published a bullish report on Aurora. The report predicts that Aurora will be one of the most successful blockchain platforms in the future.

Founder and Team of Aurora (AURORA) Blockchain

Aurora was founded by Alex Shevchenko, CEO of NEAR Protocol, and Sergey Nazarov, CTO of NEAR Protocol. The Aurora team consists of experienced engineers and entrepreneurs with a proven track record in the blockchain industry.

Conclusion

Aurora is a high scalability blockchain platform compatible with Ethereum that Aurora is a high scalability blockchain platform compatible with Ethereum that has great potential to become a leading DApps platform. This platform offers several advantages over other platforms, including:

High scalability

Aurora uses NEAR Protocol sharding technology to achieve high scalability without sacrificing security.

Low gas costs

Aurora has low gas fees, which makes it ideal for frequently used DApps.

Ethereum compatibility

Aurora is compatible with Ethereum, which means that developers can easily deploy their DApps on Aurora without needing to make any modifications.

Experienced team

Aurora has an experienced team with a proven track record in the blockchain industry.

Growing community

Aurora has a rapidly growing community of developers and users.

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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.