Aurora AOA to Linkey LKY Exchange

Crypto Pair Details: AOA to LKY

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.

Linkey LKY

Linkey Blockchain World Bank (simple as Linkey), is the first decentralized financial services institution supplies professional digital asset related product in the world. Based on the advanced public chain and community of technicians and financial elites from the world, Linkey provides comprehensive, safe, convenient and professional asset management and value-added services to customers. Linkey covers the business scope like savings, investment banking, insurance trust, futures, investment management and wealth management of the digital asset area and promotes the development of digital asset investment. With abundant digital financial services, Linkey provides a safe, convenient and decentralized one-stop digital asset investment management program. Customers can join the lower risk business, like saving and deposit in traditional bank; otherwise, customers can also invest financial products with low to medium level risk; even more, future products, private funds and ICO related products with high risk and profits are also supplied to customers. Through the comprehensive digital asset investing services, customers can choose and allocate their digital asset investment plan freely, which will greatly enhance the professional and effectiveness of their digital asset investment.

SOURCE: COINGECKO

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