Aurora AOA to BQT BQTX Exchange

Crypto Pair Details: AOA to BQTX

Aurora AOA

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.

BQT BQTX

The aim of BQT is to build a community and culture of Crypto Traders utilizing the Platform, helping the community and benefiting from the community. BQT Exchange Platform provides secure, interactive and flexible Social Trading Environment and user-friendly interface for its community to manage various types of transactions consisting of many crypto assets. BQT platform allows traders globally to negotiate their Crypto Asset trades directly interacting with each other and sharing their experience with the community. To leverage holdings of various Crypto Assets, BQT introducing the revolutionary Hedge Trades system. BQT Hedge Trade system is a flexible leverage trade method for Traders of acquiring Crypto Assets for a short-term period by means of escrow of their existing Crypto holdings. This revolutionary approach allows Crypto Traders leverage their Crypto Holdings through risk-adversed hedged leverage offers for BQTX community of traders. In addition, BQTX exchange provides Social Trading Channels capability for traders to share their trade success with the community as well as compete with other channels. Another important part for BQTX Exchange is continuously educating our community of traders. We designed unique BQT University educational courses certified by some of the top experts. To assure secure flexible trading environment, BQT is releasing BQTvault. io — crypto wallet / asset custody service for traders and crypto holding organizations.

SOURCE: COINGECKO

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