BOSAGORA focuses on creating decentralized blockchain, ensuring transparency of consensus algorithm and clarity of contracts. In this article, as Kriptokoin.com, “What is BOSAGORA?” We will answer the question. In addition, we will touch on other questions about the project.
What is BOSAGORA? What does it do?
Bosagora (BOA) focuses on creating an open decentralized blockchain that ensures the transparency of the consensus algorithm and clarity of contracts. It will also play a vital role in creating a better world with blockchain technology as the project enabler. The platform is built on trust agreements and a built-in decision-making system called the convention network. It is also a decentralized, self-evolving cryptocurrency. Trust contracts are securely executable contracts based on a protocol layer. Bosagora (BOA) provides an efficient, securely designed smart contract engine. It aims to provide an easy to develop language with many tools and popularity for easy adoption by developers. In addition, the Congress network is the decision-making body on the Bosagora platform, which solves the governance problems that arise in decentralized organizations. It also aims to continually transform the community and software into a more fragile ecosystem through a defined and automated governance system.
What is BOA coin?
BOA coin is the native token of BOSAGORA. The token is the native token of the Bosagora blockchain system. Also, one of its key functions is linked to the Congress Network.
How does BOSAGORA work?
Protocols based on Bosagora (BOA), Bitcoin’s consensus mechanism, and traditional Byzantine agreement require the unanimous agreement of all participants of the network. However, the Federated Byzantine Agreement (FBA) does not require a unanimous agreement. In addition, each node can choose which nodes to trust with. This results in faster transactions without losing the integrity of the financial network and allowing the network to grow organically. FBA applied this type of non-unanimous consensus mechanism by grouping nodes into teams. In addition, when an action is taken, information is sent to everyone in the group. Instead of waiting for the entire network to agree on the state of the data, if a node hears the same message from enough trusted nodes, the node assumes the information is correct. Conflicting nodes results in different nodes with different sets of teams to agree on the same transactions. This leads to system-wide consensus without requiring unanimous agreement for each block of transactions.
What is BOSAGORA? How to buy BOA coin?
BOSAGORA is currently traded on a small number of cryptocurrency exchanges. People who want to invest in the project should open an account in one of the exchanges where the project is traded. Exchanges where BOSAGORA is traded are listed as follows: KuCoin, Gate.io, ZT, Bithumb. Users who want to invest in the project should open an account on one of these exchanges.
