AUSTIN, Texas, Sept. 18, 2018 /PRNewswire-PRWeb/ -- Aurora EOS, the leading block producer for the informed voter, launched today, making it the first Western block producer to come to market since the EOS mainnet officially went live in June 2018. The company launches with voting support from some of the most respected organizations in crypto, including but not limited to Multicoin Capital, Blocktower Capital and Distributed Global. Starting today, EOS token-holders can vote for auroraeoscom, the official node run by Aurora EOS.
The EOS network is the most powerful infrastructure for decentralized applications. It operates as a highly scalable, decentralized operating system powered by delegated-proof-of-stake (DPoS). Its unique architecture enables the development and deployment of Turing-complete smart contracts and highly scalable decentralized applications (dApps). EOS, the native token of the platform, grants owners access to the network's resources proportional to their stake. Owners can also use tokens to cast votes for block producers, the technical custodians of the network, and to participate directly in on-chain governance. Block producers are elected as validators by individual token-holders, proxies (i.e., users who vote on behalf of other users), funds and organizations. The top 21 block producers earn the right to maintain the network infrastructure and act on key issues on behalf of token-holders. The network also compensates a large set of standby block producers, who are ready to step in should any member of the top 21 be voted out for any reason.
"A governed blockchain is only as reliable as its voters," said Myles Snider, CEO and founder, Aurora EOS. "Education is the single most important aspect of community-building, and that is where we excel. The EOS community is comprised of diverse groups spanning users, developers, investors, enterprises, proxies, block producers, and more. Informed voters and sensible governance are both absolutely essential to the prosperity and longevity of the network. At Aurora EOS, our goal is to bridge the gaps between these groups and make sure every voter is in the know."
According to Aurora's first blog post, the company plans to dedicate its resources toward education initiatives that help cultivate an engaged and informed EOS community. Its early efforts will focus on education around many of the near-term issues and changes within the protocol, including the adoption of a new constitution, the EOS worker proposal system, and the proposed resource exchange token model.
"The cryptocurrency ecosystem is growing broader and deeper at a ferocious pace, and information is fragmented and time consuming to source. High-quality research and ongoing updates on projects like EOS are critical to both potential investors and stakeholders that are interested in participating in governance," said Ari Paul, CIO of BlockTower Capital.
The company is also launching a weekly newsletter to serve as a publication of record for EOS, and to help community members stay abreast of the constantly evolving ecosystem. The newsletter will highlight technical developments from EOS community, as well as the biggest issues in governance, to propel the network forward.
"Aurora EOS understands better than anyone else the key issues driving adoption and blocking progress of the EOS platform. They are everything we want in a block producer. We are proud to offer them our support and cast our votes for them," said Johnny Steindorff, managing partner at Distributed Global. "They are committed to the long-term success of the platform."
In addition to its education initiatives, Aurora EOS is deploying a state-of-the-art technical setup. It was built from the ground up to be ultra-secure, super-performant and highly scalable. Its endpoints are capable of supporting thousands of transactions per second with no downtime. Block-producing nodes were also intentionally designed to be hidden and never connected to the internet.
"We use encrypted vaults and multi-layer protection to defend against all types of malicious actors. We also avoid single points of failure by running our setup across multiple data centers and cloud providers using Kubernetes. It's military-grade integrity," said Tim Ogilvie, CTO, Aurora EOS.
To learn more about Aurora EOS or what they stand for, please visit http://www.auroraeos.com.
Disclaimer: Aurora EOS is firmly against vote-buying of any sort. The company believes the practice degrades the security and quality of the network and its validator set. It will never, ever, not in a million years, purchase votes.
About Aurora EOS
Aurora EOS is the leading block producer for the informed voter. We drive long-term platform adoption by providing the most comprehensive analysis on the most pressing challenges and opportunities in the EOS ecosystem.
Well-informed voters are essential to the prosperity and longevity of the network. In addition to securing the network, we focus our resources on education, market development, and bridging the gaps between disparate community participants in order to achieve consensus and propel the network forward.
Building on more than 40 years of collective engineering and investment expertise, Aurora EOS is an independent company headquartered in Austin, Texas, U.S.A., backed by some of the most respected investors in crypto.
A platform is only as reliable as its voters. To learn more or vote, please visit http://www.auroraeos.com.
SOURCE Aurora EOS
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