We are thrilled to announce the partnership between Crypto Scope and Aurora Indonesia. This collaboration brings together two leading entities in the blockchain industry, paving the way for enhanced innovation and development opportunities in Indonesia’s crypto landscape.
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.
The Aurora environment consists of the Aurora Engine, a high-performance EVM (Ethereum Virtual Machine), and the Aurora Bridge, which facilitates trustless transfer of ETH and ERC-20 tokens between Ethereum and Aurora, providing a seamless user experience.
Although Aurora operates as an independent, self-funded initiative, it leverages the shared DNA team and continuously evolving technology of the NEAR Protocol.
The governance of Aurora takes a hybrid form, with the Decentralized Autonomous Organization (AuroraDAO) being complimented by a traditional entity that holds one of several seats in the AuroraDAO.
Aurora is a Layer-2 Ethereum built on the NEAR Protocol. It offers 1000x lower transaction fees than Ethereum, with transaction times of 1-2 seconds. Aurora fully integrates with Ethereum, including the use of ETH tokens and all the features and tools available outside of Ethereum. Aurora also provides a Rainbow Bridge that enables two-way transactions from Ethereum, including ERC-20 tokens.
A Thriving Ecosystem
Aurora has attracted significant attention and adoption from top crypto projects. Notable names like NEAR, The Graph, Curve, Gnosis Safe, Synapse, and Covalent have chosen Aurora as their preferred platform for building decentralized applications. This thriving ecosystem provides a supportive environment for developers, fostering collaboration and driving the growth of Web3 technologies.
Aurora updates as of June 16, 2023:
- The Fast Rainbow Bridge is now available!
- Audit One publishes an audit report on Fast Rainbow Bridge.
- Aurora celebrates its one-year partnership anniversary with Brave.
- The new episode of “Meet Team” features Alex Krasinskyi, Team Leader of the Aurora Labs Relayer.
- Alex Shevchenko shares his views on MiCA with Cointelegraph.
- Wallet Connect v2 is now available for the Rainbow Bridge.
- QuestN integrates with Aurora.
- Dapp Radar hosts a Twitter Space with Alex Schevchenko titled “Battle of L2s by Dapp Radar.”
- Aurora India publishes a thread about the differences between Polygon and Aurora.
- Encode and NEAR Horizon will hold a workshop on ERC-6551 and gasless transactions on Aurora Cloud on June 27th.
- Aurora Latam organizes developers’ educational courses with Solow partners.
- The launch of the AuroraPlay portal and testing of HunterBet 2.0.
The partnership between Crypto Scope and Aurora Indonesia represents a significant step forward in the evolution of blockchain technology. With Aurora’s high performance, Ethereum compatibility, and seamless integration with the existing Ethereum ecosystem, we are well-positioned to drive innovation and unlock new possibilities in Indonesia’s crypto landscape. Together, we will continue to push the boundaries of what’s possible in the blockchain industry, paving the way for a decentralized and inclusive future.
Taking ethereum beyond the stratosphere. Aurora. (n.d.). https://aurora.dev/about
Indonesia, A. (2022, September 21). Aurora Diluncurkan di near protocol. Medium. https://medium.com/@auroraguildsindonesia/aurora-diluncurkan-di-near-protocol-bf6a1cbc06c2
Indonesia, A. (2023, June 18). Update Mingguan Aurora 16 Juni 2023. Medium. https://medium.com/@auroraguildsindonesia/update-mingguan-aurora-16-juni-2023-71fac5f9ce03