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Aurora

Build on Aurora. Simple. Fast. Affordable.
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Finance
Blockchain
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Currency
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AURORA
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Aurora Team
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What is Aurora?
Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users.
Cross-chain interoperability: Aurora is built on the NEAR Protocol, which means it can connect with other blockchains and enable cross-chain transactions. This allows users to access a wider range of assets and functionality.
Low fees: Aurora uses a proof-of-stake consensus mechanism, which is more energy-efficient and cost-effective than traditional proof-of-work systems. This means users can transact on Aurora with minimal fees.
User-friendly interface: Aurora's interface is designed to be intuitive and user-friendly, even for those who are new to DeFi. The platform offers a suite of tools and resources to help users navigate the world of decentralized finance.
Robust security: Aurora uses advanced cryptography and multi-layered security protocols to keep user funds and data safe. The platform also undergoes regular security audits to identify and address any vulnerabilities.
Developer-friendly infrastructure: Aurora provides a suite of developer tools and resources, including smart contract templates and a software development kit (SDK). This makes it easy for developers to build and deploy decentralized applications on the platform.
Overall, Aurora is a promising platform that offers a user-friendly interface, low fees, cross-chain interoperability, robust security, and developer-friendly infrastructure. As the DeFi ecosystem continues to evolve, Aurora has the potential to play a significant role in shaping the future of decentralized finance.
Aurora also offers cross-chain interoperability, which means that dApps built on Aurora can interact with other blockchains, such as Bitcoin and Ethereum. This is important for developers who want to create dApps that can communicate with other blockchain networks, without having to build separate versions for each one.
Another feature of Aurora is its user-friendly interface. The platform is designed to be accessible to developers of all skill levels, with a range of tools and resources available to help them get started. This includes a developer portal, tutorials, and a community forum where developers can share ideas and get help from other members.
In terms of security, Aurora uses a range of measures to ensure that dApps built on the platform are secure and protected against hacking and other malicious attacks. This includes a robust smart contract language, formal verification tools, and a bug bounty program that rewards developers for finding and reporting vulnerabilities.

Full Ethereum compatibility
Aurora is fully compatible with Ethereum. No need to re-write your applications.

High throughput and scalability
Aurora runs on the NEAR Protocol, one of the highest performance third-generation L1 protocols, from one of the most highly regarded teams in the industry.

Low transaction costs
Your users will not only enjoy fast transactions, but very economical ones as well.

Features, Features, Features
From its core SputnikVM, to full tool-chain support, to gasless meta transactions, Aurora is the most advanced EVM on the market.

Trustless Bridging
The Aurora Bridge, as a part of the NEAR Rainbow Bridge, is the only fully trustless asset bridge in the Ethereum industry.

Base currency is ETH
Transaction fees in Aurora are paid in the base currency, ETH, providing a great UX for users, and opening the door to interesting ecosystem sustainability possibilities.
Information
Type
Automated Market Maker
Blockchain
Near
Currency
AURORA
Platform
Windows, macOS
Publisher
Aurora Team
FAQ
Aurora was built by the same team that created the NEAR Protocol, considered to be among the most highly regarded blockchain technologies in the crypto space. Although created at NEAR, Aurora will be exist as a separate entity, governed by the decentralized AuroraDAO, and will leverage the unique underlying NEAR technologies to align incentives of the network, product owners, and end users. When you choose to deploy your app on Aurora, you’re partnering with a highly-capable and dedicated organization, and building upon a technical foundation that will scale to meet all your future needs.
Aurora is a major use case for the NEAR blockchain that requires many changes on different levels. At the moment we’re waiting for NEAR validators to accept the protocol change that will add EVM precompiles. We expect this to happen in the first half of the summer. After this protocol upgrade one can expect Aurora to be able to host twice the throughput of the Ethereum Mainnet. There’s still a lot of room for a single-shard Aurora improvement, so we expect further throughput increases.
The base fee token of Aurora is ETH, which will make your users feel right at home. By leveraging the underlying low-cost capabilities of the NEAR Protocol, Aurora transactions will typically cost pennies. What’s particularly interesting, is that the underlying fee model of NEAR opens the door to innovative possibilities, such as AuroraDAO directed mechanisms of channeling a portion of collected fees back to the projects running on Aurora!
While the detailed Aurora roadmap is available on the web site, in general, over the course of summer we plan to optimise Aurora and take care of the DAO formation and token development (if this is decided by the DAO). In Autumn, we plan to deliver several major features, such as introduction of fast bridging of the most popular tokens, ability to pay fees in stable coins and simplified UX for non-blockchain users. We’re planning to deliver a sharded version of Aurora early next year.
The Aurora EVM has been deployed on the NEAR Mainnet and Testnet networks. Asset connectors—e.g. our “ETH Connector” and “ERC-20 Connectors”—allow asset transfers between Aurora and Ethereum, using the Aurora Bridge. Currently, the ETH Connector is deployed and functional on Testnet, with the ERC-20 Connector soon to follow. In this way, project owners should be able to test their deployments on Aurora fully in May, followed by production deployments in June of 2021. For those interested in getting started, a set of Aurora Documents is currently available.
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