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Which chain is the Aurora (AURORA) coin on?
Aurora (AURORA) operates on the NEAR Protocol blockchain, a proof-of-stake blockchain offering scalability, security, and low transaction fees.
Dec 16, 2024 at 07:55 am
Which Chain is the Aurora (AURORA) Coin On?
Introduction
Aurora (AURORA) is a Layer 2 scaling solution built on top of the NEAR Protocol blockchain. It enables developers to create and deploy decentralized applications and smart contracts with near-instant transaction confirmation times and low transaction fees.
Chain Details
Aurora (AURORA) operates on the NEAR Protocol blockchain. NEAR is a proof-of-stake (PoS) blockchain that offers scalability, security, and developer-friendliness. By leveraging NEAR's infrastructure, Aurora benefits from:
- High transaction throughput of up to 100,000 transactions per second
- Transaction finality within a few seconds
- Low transaction fees
Aurora's Advantages
By building on NEAR, Aurora inherits several key advantages:
- Interoperability: Aurora is interoperable with the NEAR ecosystem, allowing for seamless integration with other dApps and tools.
- Scalability: NEAR's high transaction throughput and low fees enable Aurora to handle high volumes of transactions without compromising performance.
- Ethereum Virtual Machine (EVM) Compatibility: Aurora is compatible with the EVM, making it easy for developers to port existing Ethereum-based applications to Aurora.
- Developer Tools: Aurora offers a comprehensive suite of developer tools, including a wallet, a block explorer, and a testnet.
Conclusion
Aurora (AURORA) operates on the NEAR Protocol blockchain, inheriting its scalability, security, and developer-friendliness. By leveraging NEAR's infrastructure, Aurora enables developers to create and deploy decentralized applications and smart contracts with high performance and low costs. Its interoperability, scalability, EVM compatibility, and developer tools make Aurora an attractive platform for blockchain developers.
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