Aurora Health 💗🩺

    Aurora Blockchain, Taking Ethereum beyond the stratosphere

    What is Aurora?

    Aurora is a solution created by Aurora Labs, a company founded in 2021 with members from Near Protocol.
    As a solution, the Aurora Engine allows the execution of Ethereum contracts in the Near Blockchain because is an Ethereum Virtual Machine (EVM) Implemented as a smart contract on Near Protocol.

    In Aurora, Developers can operate their apps on an Ethereum-compatible, high-throughput, scalable, and future-safe platform, with low transaction costs for their users.

    Advantages of Using Aurora:

    • $0.02 average transaction fee
    • 2-second transaction finality
    • 50x transactions per second compared to Ethereum 1.0
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    The Rainbow Bridge

    Aurora has developed a bridge called the Aurora Bridge and it has been designed to facilitate the transfers of ETH and ERC-20 Tokens between Ethereum, Aurora, and Near however its name changed in the second version to Rainbow Bridge.

    The Rainbow Bridge can involve one or two transactions:

    • Transfers to Near & Aurora require a Single Transaction, and take up to 10 minutes.
    • Transfers to Ethereum require two transactions, and can take up to 8 hours.
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    The Aurora Token

    In Aurora $ETH is the gas token, however, on October 7, 2021, the Aurora token $AURORA was released on Ethereum and is the governance token of Aurora with a total supply of one billion.

    The Aurora DAO

    The Aurora Decentralized Autonomous Organization (DAO) governs the Aurora Protocol.

    The AuroraDAO functions similar to a traditional Board of Directors, in that there is a "Council" of seats, the holders of which vote on high-level protocol matters, authorize and direct subordinate organizations to achieve those objectives.

    The bootstrap Council consists of Aurora Labs—i.e. the entity that developed and maintain the Aurora protocol—along with a diverse set of early investors and ecosystem partners. Holders of AURORA tokens will periodically vote on the constituency of the Council. (Aurora)

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    Tracking Aurora Health
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    The RRR Model

    This Analytic Framework encompasses the three main focuses of any business.

    • Reach - Growing a User Base
    • Retention - Retaining a User Base
    • Revenue - Monetising a User Base

    Using this Model I'll show Activity from Aurora Since 2022 and see their growth and changes over time to conclude how is the Health of the Blockchain.

    HeartChart from Antonidas Dashboard.