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From YouTube: NEAR Onboarding Bootcamp | Part 4 of 5: Aurora

Description

Aurora is an Ethereum Virtual Machine created by the stellar 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.

When you deploy your Ethereum app on Aurora, you’ll benefit from:
- 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 user, and opening the door to interesting ecosystem sustainability possibilities.

Aurora is an Ethereum-compatible scaling solution leveraging the next-generation NEAR Protocol.

The Aurora environment consists of the Aurora Engine, a high performance EVM—Ethereum Virtual Machine—and the Aurora Bridge, facilitating trustless transfer of ETH and ERC20 tokens between Ethereum and Aurora, within a great user experience.

Aurora exists and will be operated as an independent, self-funded initiative, but will continue to leverage the shared team DNA and continually evolving technology of the NEAR Protocol.

The governance of Aurora will take a hybrid form of a Decentralized Autonomous Organization—the AuroraDAO—complimented by a traditional entity which will hold one of several seats in the AuroraDAO.

Visit http://aurora.dev for more

Follow the latest from NEAR Protocol on:
Website: https://near.org/
Discord: https://near.chat/
Blog: https://near.org/blog/
Twitter: https://twitter.com/NEARProtocol
GitHub: https://github.com/near https://github.com/nearprotocol
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