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What is BORA coin and how does it work?

by Financial Economy

BORA is a DApp platform designed to solve current industry problems by distributing games and digital content and promoting user interaction using dual blockchain structure and proprietary token mechanism. The token of the platform is also known as BORA coin. Detailed information about what is  Bora coin, how does it work, how much it costs, how to buy, etc. is in the continuation of the content. Information about Ontology Gas coin (ONG) you can browse here.

What is BORA coin and how does it work?

BORA provides a solution that enables the secure and transparent distribution of content and preserves and unlocks the value of digital assets on the blockchain. In addition, the BORA platform has been designed using a modular architecture to allow independent blockchain implementation by content providers.

This ensures that each service’s data and operations are guaranteed to work independently and without affecting other services on the platform. Meanwhile, users can take advantage of the various content services provided by the BORA ecosystem through a single unified user experience.

User identity, accounts and assets are fully integrated and mutually compatible within the ecosystem, and the BORA platform has the performance and scalability to seamlessly handle the activities of these content services.

Where to buy Bora coin? What is the BORA token price?

BORA uses a dual blockchain architecture consisting of an Ethereum mainnet and multiple sets of sidechains. Each set of sidechains can handle 2,200 TPS (transactions per second). The design is modular and easily expandable. For example, a quintuple sidechain would be capable of processing a total of 11,000 TPS (2,200 TPS x 5). There is also no structural limitation to sidechain expansion, so performance can scale indefinitely by using additional sidechain sets.

Bora coin can be purchased from crypto exchanges where it is listed. But before trading, it is necessary to make sure that the stock market is reliable. As of October 22, 2021, the price of 1 BORA coin is around $0.20. (price may change instantly)

Caution: The information contained in this content is for informational purposes only. It is not investment advice.

For information about crypto currency: https://en.wikipedia.org/wiki/Cryptocurrency

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