Monday March 08, 2021
Bitcoin (BTC) $50,514.00   Ether (ETH) $1,724.02
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Vendor Technology

Block producer Aurora EOS launches with aim to cultivate an engaged and informed community

Published by CryptoNinjas.net
09/18/2018
Block producer Aurora EOS launches with aim to cultivate an engaged and informed community

Aurora EOS, a block producer for the EOS ecosystem announced its launch today, making it the first western block producer to come to market since the EOS mainnet officially went live in June 2018. The company is launching with voting support from Multicoin Capital, Blocktower Capital, and Distributed Global to name a few.

Starting today, EOS token-holders can vote for auroraeoscom, the official node run by Aurora EOS. The company plans to dedicate its resources toward education initiatives that help cultivate an engaged and informed EOS community. Its early efforts will focus on education around many of the near-term issues and changes within the protocol, including the adoption of a new constitution, the EOS worker proposal system, and the proposed resource exchange token model.

Myles Snider, CEO at Aurora EOS

“A governed blockchain is only as reliable as its voters. Education is the single most important aspect of community-building, and that is where we excel. The EOS community is comprised of diverse groups spanning users, developers, investors, enterprises, proxies, block producers, and more. Informed voters and sensible governance are both absolutely essential to the prosperity and longevity of the network. At Aurora EOS, our goal is to bridge the gaps between these groups and make sure every voter is in the know.”

Myles Snider, CEO, and founder, Aurora EOS

In addition to its education initiatives, Aurora EOS is deploying a state-of-the-art technical setup. It was built from the ground up to be ultra-secure, super-performant and highly scalable. Its endpoints are capable of supporting thousands of transactions per second with no downtime. Block-producing nodes were also intentionally designed to be hidden and never connected to the internet.

“We use encrypted vaults and multi-layer protection to defend against all types of malicious actors. We also avoid single points of failure by running our setup across multiple data centers and cloud providers using Kubernetes. It’s military-grade integrity.”

Tim Ogilvie, CTO, Aurora EOS
EOS

The EOS network is a powerful infrastructure for decentralized applications. It operates as a highly scalable, decentralized operating system powered by delegated-proof-of-stake (DPoS). Its unique architecture enables the development and deployment of Turing-complete smart contracts and highly scalable decentralized applications (dApps). EOS, the native token of the platform, grants owners access to the network’s resources proportional to their stake. Owners can also use tokens to cast votes for block producers, the technical custodians of the network, and to participate directly in on-chain governance.

Block producers are elected as validators by individual token-holders, proxies (i.e., users who vote on behalf of other users), funds and organizations. The top 21 block producers earn the right to maintain the network infrastructure and act on key issues on behalf of token-holders. The network also compensates a large set of standby block producers, who are ready to step in should any member of the top 21 be voted out for any reason.

“The cryptocurrency ecosystem is growing broader and deeper at a ferocious pace, and information is fragmented and time consuming to source. High-quality research and ongoing updates on projects like EOS are critical to both potential investors and stakeholders that are interested in participating in governance.”

Ari Paul, CIO of BlockTower Capital

“Aurora EOS understands better than anyone else the key issues driving adoption and blocking progress of the EOS platform. They are everything we want in a block producer. We are proud to offer them our support and cast our votes for them. They are committed to the long-term success of the platform.”

Johnny Steindorff, managing partner at Distributed Global
6
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Binance makes strategic investment in crypto hedge fund Multicoin Capital
Capital Raising

Binance makes strategic investment in crypto hedge fund Multicoin Capital

03/02/2021
Alameda Research leads $40M round in decentralized prime brokerage protocol Oxygen
Capital Raising

Alameda Research leads $40M round in decentralized prime brokerage protocol Oxygen

02/24/2021
Multicoin Capital leads $1.15M seed round in interest rate derivatives protocol Swivel Finance
Capital Raising

Multicoin Capital leads $1.15M seed round in interest rate derivatives protocol Swivel Finance

12/10/2020
Near Protocol Cryptoninjas
Capital Raising

Developer-friendly blockchain platform NEAR Protocol raises $12.1 million

07/10/2019
Dfuse Capital
Capital Raising

Blockchain API platform dfuse raises $3.5M led by Multicoin Capital, Intel Capital

06/26/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

03/05/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

03/05/2021
NFT platform Curio closes seed funding of $1.2M to fuel expansion

NFT platform Curio closes seed funding of $1.2M to fuel expansion

03/05/2021
IOTA token added as collateral asset on Bitfinex Borrow

IOTA token added as collateral asset on Bitfinex Borrow

03/05/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version