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What is Aurora?
Aurora AOA is the native cryptocurrency of the AuroraChain, a blockchain-based smart-contract platform that officially launched in May of 2018. Specifically formulated to compete with Ethereum’s decentralized application ecosystem, Aurora AOA was initially released on the ABitchain, utilizing a Delegated-Proof-of-Stake consensus mechanism and Byzantine Fault Tolerance. Delegated Proof-of-Stake takes a democratic approach to decentralized voting systems by considering the user’s vote in relation to the number of tokens that the user has staked, giving those with more tokens vote more strength. Adding the Byzantine Fault Tolerance mechanism improves the chain’s scalability and secures it against unwanted forks.
With dramatically low gas fees and speeds of up to 2000 transactions per second, AuroraChain aims to relieve the critical pain points of congestion, upgradeability, and scalability in Ethereum’s blockchain, with a primary focus on creating a project that offers high-speed smart contract service in the arenas of video gaming, artificial intelligence, the Internet of things and Big Data.
Aurora’s native token, AOA is used as the payment mechanism in the ecosystem. Users hold AOA in an approved wallet gain the ability to elect a delegate to validate transactions in exchange for rewards and vote network governance is gained by holding AOA in an approved exchange or wallet. In addition, the coin is used for data exchange and doled out as rewards for users who contribute to the network.
Aurora Market Price Ticker Chart
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Aurora Frequenty Asked Questions
Where does Aurora (AOA) rank among in terms of popularity? How relevant is it compared to competitors?
In terms of popularity, Aurora currently ranks in position 719 out of the top 1000 cryptocurrencies. Another important factor in popularity is Aurora‘s market capitalization – in general, the higher the market cap of a cryptocurrency, the more dominant it is considered to be in the market. Aurora has a market cap of $ 10,073,579, which compares to Bitcoin (the most popular cryptocurrency by several metrics) with a market cap of $ 830,530,031,224, Litecoin at $ 10,853,933,229, Ethereum at $ 160,939,373,553, Tether at $ 35,198,057,071, and XRP at $ 18,909,007,446.
What is the price of Aurora (AOA) today (updated in realtime)?
The current price of Aurora is $ 0.002319 in USD. (The price in Euros is 0,001921 €; and the price in Bitcoin is Ƀ 0.00000000 BTC.)
How has Aurora (AOA) performed recently?
Aurora‘s price has decreased in the last 24 hours by -8.64%. The change in price over the last seven days was -34.32%. The trading volume over the last 24 hours was $ 1,778,097. Trading volume indicates how many units of a currency are being bought and sold on specific exchanges. High trading volumes are likely to drive more on-chain activity, for example when people deposit and withdraw funds, and it is considered a good indicator of popular interest in the currency.
What is Aurora‘s (AOA) market supply?
The total circulating (available) supply of Aurora is 4,345,218,905 AOA. The total supply of Aurora is 10,000,000,000 AOA.
What is the 24 hour volume for Aurora (AOA)?
The 24 hour volume of Aurora is $ 1,778,097.
What is Aurora (AOA) official website?
Aurora‘s official website, social accounts, blockchain explorer, and Github repository if applicable.
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