Rank #1298
3,876 people like this
aurora  (AOA)

Aurora (AOA)

$0.001745631605 -1.5%
0.00000003 BTC 3.6%
0.00000042 ETH -0.9%
3,876 people like this
24H Range
Market Cap $7,758,653
24 Hour Trading Vol $1,087,396
Circulating Supply 4,345,218,905
Total Supply 10,000,000,000
Max Supply ?
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Aurora (AOA) Price Chart

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AOA Price and Market Stats

AOA Price $0.001785560922
Market Cap $7,560,692
Market Cap Dominance 0.00%
Trading Volume $1,119,333
Volume / Market Cap 0.1438
24h Low / 24h High $0.001713013034 / $0.002649252224
7d Low / 7d High $0.001481703689 / $0.002602964032
Market Cap Rank #1298
All-Time High $0.061043558519 -97.1%
Jul 18, 2018 (over 3 years)
All-Time Low $0.000661268744 168.9%
Mar 13, 2020 (over 1 year)

Aurora Coin Price & Market Data

Aurora price today is $0.001745631605 with a 24-hour trading volume of $1,087,396. AOA price is down -1.5% in the last 24 hours. It has a circulating supply of 4.3 Billion AOA coins and a total supply of 10 Billion. If you are looking to buy or sell Aurora, KuCoin is currently the most active exchange.

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.

Aurora News & Guides

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