À propos de Aurora

Auroracoin is a decentralised, peer-to-peer, and secure cryptocurrency released as an alternative to the Icelandic Króna to bypass governmental restrictions associated with the national fiat currency. It was launched with the aim of becoming the ‘official’ cryptocurrency of Iceland. AUR was a pioneer in the area of country-specific cryptocurrencies. AUR was launched on the 25th of January, 2014, by an anonymous developer who went by the pseudonym of Baldur Friggjar Óðinsson. It was originally based on Litecoin, using the Scrypt algorithm with a Proof of Work mechanism, but was later updated to use a multi-algorithm architecture in 2016, forked from DigiByte. Auroracoin uses the PoW consensus mechanism, which utilises device hashing power to solve a complex mathematical problem in order to authenticate a transaction proposed to be stored in the blockchain. The difficulty of solving the problem ensures that authenticating forged transactions is very difficult unless the attacker owns an impractically large chunk of the network’s total hashing power. AUR is one of the only cryptocurrencies to use a combination of five different hashing algorithms, namely Grøstl, Qubit, scrypt, SHA-256, and Skein. While initially very popular, Auroracoin has seen little to no activity for a while, with poor marketing, and frequent dev team changes. Reasons for little growth have been various, from slow adoption in Iceland, to developers leaving and joining the project midway. However, it is expected to not go lower than the recent low, and might see a rise as AUR plans to launch a more aggressive marketing campaign in Iceland to promote the coin among the masses. Unlike most other altcoins, Auroracoin has made extensive changes to the original codebase. It has introduced security measures such as Automatic checkpointing, and protecting against known flaws present in the BTC blockchain, such as 51% block replacement attacks.

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0,000062 $US
2/27/2026, 10:08:18 PM

Statistiques du marché

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Ethereum

0x9ab165D795019b6d8B3e971DdA91071421305e5a

Historique des prix

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FAQ

Aurora is a decentralized application space based on third-generation blockchain technology that works on the DeFi system. This platform seeks to provide solutions related to blockchain technology for the entire industry. The key mission of this asset is to develop lightning-fast contracts and make the process of application creation easier on the blockchain.

According to the whitepaper, Aurora blockchain uses the distributed-node-consensus algorithm to upgrade or create data, the blockchain data structure to check and save data, cryptography to secure the data transmission procedure and data access, and smart contracts to write codes and process data.

The Aurora chain offers a reliable internet connection and builds peer-to-peer connections on the network to make the value exchange process confidential and transparent. This mechanism helps protect individual rights, making the value transmission more efficient and economical. The central goals of this chain are incorporating blockchain into other industries, making the appropriate smart contracts, boosting the speed of transactions, and solving blockchain difficulties by adding upgrades.

To achieve its mission, Aurora Chain has developed multiple techniques:

Aurora Chain has also launched its token, i.e., AOA, to ensure the proper functionality of the platform. The AOA token can be used for daily operations, rewards for users and core team members, and ecosystem creation.

The Aurora Chain was founded in May 2018. In December 2019, the platform implemented an upgradable blockchain and developed AuroraDev and AuroraID.

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