Rank #3570
aoa Aurora Chain
$ 0.00006166
0.00%
0.099162 BTC
0.09162 satoshies0.00%
Market Cap
267,926.1976 $
24 Hour Trading Vol
3,289.6874 $
Circulating Supply
4,34 BN.
Total Supply
10,00 BN.
Max Supply
-
Fully Diluted Valuation
616,574 $
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Range
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7d
1m
1y
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Aurora Chain Top Markets
About Coin
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.
Where is Aurora Chain available for purchase?
What is the highest value Aurora Chain (AOA) has ever reached?
Aurora Chain (AOA) reached its peak price at 0.06104 $ on 18 July 2018, approximately 6 years ago ago. Presently, the current price is -99.89% lower than this all-time high.
What is the historical minimum price for Aurora Chain (AOA)?
The minimum price reached for Aurora Chain (AOA) was 0.00005898 $, documented on 29 August 2023, more than a year ago. In comparison, the current price is 4.54%, it above this historical low.
What is the fully diluted valuation of Aurora Chain (AOA)?
The fully diluted valuation (FDV) of Aurora Chain (AOA) stands at $ 616,574. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of AOA tokens. The realization of this FDV might take several years depending on the emission schedule of AOA tokens.
How to add Aurora Chain (AOA) to MetaMask?
By integrating Aurora Chain (AOA) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import AOA as a token. You can either manually import AOA by copying its contract address (0x9ab165d795019b6d8b3e971dda91071421305e5a) or use MetaMask's Chrome extension to add AOA with a single click through Pirate.Place.
How to add Aurora Chain (AOA) to TrustWallet?
Incorporating Aurora Chain (AOA) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include AOA, you can either manually import it using the contract address (0x9ab165d795019b6d8b3e971dda91071421305e5a) or conveniently add it to Trust Wallet with just one click via Pirate.Place if you've installed Trust Wallet's Chrome extension.
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