• Alex Shevchenko, CEO of Aurora Labs, gave an exclusive interview about building the biggest L2 on Near Foundation, Aurora’s customized enterprise blockchain solution, and frictionless blockchain experiences for developers.
• Alex has a PhD in physics & math and has been an entrepreneur and blockchain enthusiast since 2015.
• This interview highlights Aurora’s native wallet as well as EVM gas vs. Near gas on Aurora.
Who is Alex Shevchenko?
Alex Shevchenko is the CEO of Aurora Labs, a bridge and EVM scaling solution for Ethereum built on top of NEAR Protocol as a smart contract. He has a Ph.D. in physics & math, has been an entrepreneur and blockchain enthusiast since 2015, and developed Bitfury’s Exonum, a blockchain-as-a-service solution.
Building the Biggest L2 on Near Foundation
In an exclusive interview with cryptonews.com, Alex Shevchenko talked about building the biggest L2 on Near Foundation which makes up half of its total value locked (TVL). He discussed Aurora’s customized enterprise blockchain solution that works to provide a frictionless experience for developers through their native wallet feature.
Aurora’s Customized Enterprise Blockchain Solution
Aurora’s customized enterprise blockchain solution is designed to enable companies to build projects quickly using low costs without any hassle or complications due to its scalability features provided by NEAR Protocol as a smart contract layer running atop other networks like Ethereum or Bitcoin Cash based blockchains. It allows users to create transactions faster than ever before while providing more security than traditional solutions such as ERC20 tokens or sidechains like Plasma or Rootstock can offer due to its advanced consensus protocols and distributed ledger technology (DLT).
Frictionless Blockchain Experiences For Developers
Aurora also provides developers with a native wallet feature that enables them to access their funds instantly without having to go through complex processes such as signing up for exchanges or dealing with third parties when making payments from one platform to another due to its zero-knowledge proof (ZKP) authentication system that runs across all platforms supported by it thereby giving complete control over user assets at all times even when these assets are being transferred from one network onto another as all data remains encrypted throughout this process ensuring maximum security during transaction processes between different platforms with minimal latency periods being experienced in comparison with traditional methods used today such as manual address book management which can take hours just for simple transactions between two networks connected via bridges like the ones provided by Aurora labs itself allowing users who wish so seamless integration within their own systems without needing any assistance from outside sources thus providing much needed freedom when managing assets online especially in today’s world where financial security comes first before anything else especially considering how digital currencies have become increasingly vulnerable towards malicious activities from hackers looking take advantage of unsuspecting individuals who lack proper knowledge regarding asset protection measures available today such as multi-factor authentication (MFA) protocols which should always be enabled no matter what type of service one is using whether it be web wallets mobile applications desktop programs etcetera just make sure your funds remain secure at all times!
EVM Gas vs NEAR Gas On Aurora
Finally EVM gas compared against NEAR gas when running applications on Aurora was also discussed in this interview highlighting how cost effective this platform really is allowing users access resources at much lower rates than what would normally be expected from services running directly within Ethereum’s ecosystem yet still offering similar levels performance thanks its unique hybrid infrastructure architecture which combines both Proof-of-Stake (PoS) consensus algorithms along with Delegated Byzantine Fault Tolerance (dBFT) consensus mechanisms therefore ensuring reliability throughout entire course operation while keeping costs down significantly even during peak usage periods meaning even if demand surges unexpectedly businesses relying upon these services won’t need worry too much about unexpected increases expenses related operations either!