Aurora AOA to Crown CRW Exchange

Crypto Pair Details: AOA to CRW

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.

Crown CRW

Crown describes itself as a multi-channel scalable Blockchain solution provider leveraging environmentally friendly technology that has been evolving since October 08, 2014, the date of the Genesis Block of Crown. Crown aims to provide a complete ecosystem including the ability to create blockchains, smart contract data, governance and scalable analysis for single- or multi-chain custom projects hosted directly within the Crown Platform's network. Crown Platform aims to provide scale benefits with low ecological impact because it is based on the MNPOS protocol, reducing operating costs and carbon footprint. Crown Plateform offers specific research, development and production functionalities via NFTs. It aims to offer interoperability of concrete solutions and optimal security within its decentralized network. Users can create DApps, remote programs, various games and move towards a new form of non-fungible interactive chain marketing, laying the foundation for tracking and analyzing data in the global chain. Crown Platform aims to become the ideal multi-channel solution for real, daily, cheap and accessible use at any time. This is now a time of great opportunity to harness the power of Crown to make the exploitation and use of your assets, any value of public data that is not fungible on an unchangeable Blockchain database at any time, accessible.

SOURCE: COINGECKO

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