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Aurora
About Aurora
Aurora is a turn-key solution for developers to operate their apps on a high-throughput, scalable and Ethereum-compatible platform with low transaction costs. The Aurora DAO has created a governance token, AURORA, with a fixed supply of 1 billion. AURORA is an ERC-20 token deployed on Ethereum and bridged to NEAR using the trustless Rainbow Bridge. The total number of AURORA tokens created was 1 billion at its launch on October 7, 2021.
Aurora is an innovative solution that blends the high performance of the NEAR blockchain with the compatibility of the Ethereum ecosystem. Functioning as an Ethereum Virtual Machine (EVM) built on the NEAR Protocol, Aurora offers Ethereum developers a scalable, high-throughput, and environmentally friendly platform to operate their applications. It's distinguished by its layer-2-like speeds and scalability while maintaining the Ethereum 1.0 development experience. Aurora simplifies the transition for Ethereum developers, requiring just a change in the RPC endpoint for integration. It supports popular Ethereum tools like MetaMask, Truffle, Hardhat, and Remix. Additionally, NEAR's trustless Rainbow Bridge links Ethereum, NEAR, and Aurora, allowing seamless asset transfers and ensuring Aurora account balances are denominated in ETH, similar to Ethereum.
The CEO and co-founder of Aurora.dev is Alex Shevchenko. The team's work in integrating Ethereum native applications with NEAR's layer-2-like network underpins Aurora's unique proposition in the blockchain space.