100 Million AOA Will be Used to Develop the Achain Galaxy
Beijing, June 18 – Public blockchain platforms Achain and Aurora chain made a joint announcement to their respective communities that Aurora chain joined Achain Ecosystem. The cooperation is followed by a 100 million AOA (Aurora chain token) from the Aurora Foundation to invest in tech co-development and community building.
Achain Ecosystem, also dubbed as “Achain Galaxy” by the Achain and Aurora chain teams, is envisioned as a system of parallel public blockchain network (multichain system) by Achain founder Tony cui. The multichain system works in a way that each blockchain independent of each other but can cooperate on processing a single specific demand.
Aurora chain joined Achain as the first major “Planet” in the “Achain Galaxy”. According to the community Announcement, the Aurora Chain is the first public blockchain to join the Achain’s multi-chain framework. Built with DPOS+BFT consensus, Aurora chain is said to bring scalability to the entire “Achain Galaxy”, and eventually it will be serving as a gateway to blockchain-based applications for the entire ecosystem.
With the upgradable blockchain release, Aurora chain is able to upgrade its blockchain network to the most optimal version possible. Thus, avoiding inconvenient hard forking, which has caused losses of millions of dollars in the industry’s history. The stability of on-chain applications and smart contracts are thus ensured.
The ensuing 100 million AOA coming with the partnership serve as development fund in Blockchain tech research, “Galaxy” ecosystem building and community management. The fund is a “proof-of-trust” as the two team move closer in tech and community cooperation.
“This is our first step towards a more diverse blockchain network world, and we will spare no effort to make blockchain tech empowerment a reality. And we will welcome more public chain to our Achain Galaxy’,” said Achain Founder Tony Cui.
“For us at Aurora chain, we can access to Achain’s vast user base and global reach. This will help us bring our tech and application breakthroughs to end-users faster. Basically, it’s a win-win solution,” added Aurora chain founder Meijun Zhao.
With hundreds of partnerships developed during the past few years, the combined Achain and Aurora network boasts more than a million users. In the global blockchain sector, this will be a force to be reckoned with.
About Achain Galaxy
Achain Galaxy is a technical multi-chain architecture for the micro-service ecosystem. Each interstellar system in a galaxy is a complete and independent main chain. Each interstellar system can communicate with each other while working independently or in collaboration.
About Aurora Chain
Aurora develops blockchain solutions built on DPOS+BFT consensus mechanisms and lightning-fast contracts. Aurora offers unique intelligent application isolation, which enables multi-chain parallel expansion and an unlimited increase of TPS with guaranteed security. Aurora’s core offering is an upgradeable blockchain that adds flexibility and usability to the public chain, which enables developers to seamlessly upgrade and adapt decentralized technologies.