Aurora AOA to WeShow Token WET Exchange

Crypto Pair Details: AOA to WET

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.

WeShow Token WET

What is “WeShow” Platform? Weshow platform is Decentralized short-video entertainment platform. Weshow overthrows excessive brokerage fee and unreasonable profit sharing structre of existing me media broadcasting platform. New short-video platform “Weshow” allows everyone to become producer who can freely produce diverse contents, and to make profit through their contents, communicating with other users of platform. Community Incentives “Weshow” platform users can make profit through “Wetoken incentive' that can be easily earned simply by participating in the Platform. Free content production “Weshow” platform contents providers can make independent producing space to freely make new contents communicating with the participants. Professional team All members participating on “Weshow” project are experienced experts from “wecasting” of MCN corporation which already has annual sales of over 100million USD. Diverse business model “Weshow” platform can offer diverse business models to both contents provider and community participants by gift delivering, “Wetoken” sending, advertisement services. Contents Provider Using short-video making, live broadcasting services They can produce contents freely in their independent space. Community Participants By participating in “Weshow” platform, contents provider and community participants can communicate with each other developing the platform. WeToken It is incentive crypto-currency used in “Weshow” platform, provided to both contents providers and community participants giving them profits. Gift sending service Gift sending service opens a new communication channel between content provider and community participants

SOURCE: COINGECKO

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