Transact with anyone in the world
Strong cryptography keeps your funds safe.
Transactions are confirmed in seconds
The platform is free to use, and transactions are practically free
Built with state-of-the-art blockchain technology
Aura is a cryptocurrency and general purpose blockchain application ledger based on ethereum. Developers can deploy smart contracts and decentralized apps (dApps) to the Aura blockchain. Lowercase 'aura' refers to the unit of cryptocurrency on the platform that can be transferred between wallets, is used to pay transaction fees and feul for smart contracts.
Only 12,000,000 aura will ever be created. Aura will use Proof-of-Work mining for about 2 years (3,800,000 blocks) and then switch to a Proof-of-Stake consensus algorithm. The emission rate while mining is 3 aura per block, with 15 second blocks. This works out to 11,400,000 aura minted through mining. The other 600,000 are allocated in the genesis block.
Youstock is a platform being built on Aura that enables anyone to create a digital asset that represents themself and trade with anyone else on a new decentralized exchange.
Yes. Aura is a new blockchain, separate from the ethereum mainnet. However, it does use the same protocol and open source technology.
The ethereum mainnet is quickly becoming too congested and overcrowded as more and more companies build their projects on top of it. This causes transaction fees to skyrocket and increases the amount of failed transactions as everyone is competing to get their transactions included in the main chain. By creating a new blockchain, we won't have to compete with as many other projects for blockchain space, and can keep transaction fees low and cost effective.