Founded in November 2017, Aurora (AOA) uses DPOS+BFT consensus mechanisms and speed of light smart contracts to incorporate industries like gaming, big data, artificial intelligence and the Internet of Things all on one blockchain. The AOA Chain strives to build a wonderful Blockchain world that shines like the aurora borealis, the company says.
“We can provide fast transactions and solve any problems using the Aurora Blockchain,” says Aurora’s CTO Kezhen Qiang. “Additionally, we will upgrade our system to include AI integration for faster service to customers.”
Aurora benefits from 100+ different companies that manage DPOS to give it a more responsive user experience. There will be no congestion – not even when running 100 crypto-kitties.
“Building the network and integrating the network is our goal,” Mejin Zhao, CEO of Aurora, tells the crowd gathered at Beyond the Blocks, an event held in South Korea earlier this week.
What is special about Aurora?
AOA Chain has the capability to upgrade the underlying code stored in the chain. With consensus recognition, automatic upgrading with designated height can be realized. Spontaneous cluster groups that enable cluster grouping allow for lower storage costs and an overall better user experience. With groups participating in the transaction verification and storage, user’s storage costs are decline.
AOA development is quickly progressing
Aurora AOA Chain is currently online and the company’s Aurora Wallet can be downloaded for Windows and OS X, syncing their online platform for smart contracts. The Aurora Chain is nearly completed with smart contract development still ongoing. The company says it is progressing on work to improve security and operation speed by upgrading the intelligent application isolation services and stereo-net.
To this end, the company has created a roadmap playing with the firm’s “Aurora” name. Its roadmap is divided into stages, dubbed “Earth Magnetic Field,” “Charged Particle,” and “Colorful Aurora” to take it through 2019.
The first stage began a few months ago and continues into July as Aurora tests its blockchain, adds the DPOS and BFT consensus, implements “EVM + Solidity Smart Contracts”, and then embeds up to 20 DApps.
This sets up Aurora to begin its multi-asset offerings, with peer-to-peer stereo-net, and the intelligent isolation of applications. That lays the groundwork to have a total of between 50 and 100 DApps embedded.
But to increase the decentralized app offerings up over a thousand, Aurora will have to implement multi-chain parallel operations, an upgradable blockchain, and self-cluster grouping. The company predicts that work will take them through 2019.
Comparison of Aurora with other main blockchains —
|Consensus||Smart Contracts||TPS||Commission||Contract Development|
|Aurora||DPOS + BFT||EVM + Solidity||2000||0.0001 AOA||Yes|
|Ethereum||POS + POW||EVM + Solidity||100||0.003 ETH||Yes|
|EOS||DPOS + BFT||Unknown||2000||None||No|
Why partner with World Blockchain Council?
The World Blockchain Council brings unparalleled support to help its members develop and grow their respective technologies, Aurora says of their partner. Established in early 2018 with a kickoff conference held at the National Convention Centre in Beijing, China, the organization helps solve specific problems with a focus on blockchain use cases. The WBC has a three-part approach to help its members through their Council, College and Conferences, which was appealing for Aurora.
Likewise, Aurora was of interest to the WBC, making this a mutually beneficial arrangement. “AOA Chain has very important technology that provides solutions to the marketplace and gives users a unique experience,” says WBC founder David Song.