BORA

Key Technical Advantages:

Strong Connection with Klaytn: BORA 2.0 is designed to integrate with the public blockchain Klaytn. It aims to develop various eco-products such as Wallet, NFT, DEX, etc., with the help of partners active on Klaytn. It is also planning to foster a fluid mutual exchange of Klaytn and BORA's assets to maximize the value of both. PBFT and Governance Council: BORA 2.0 plans to change its consensus algorithm to PBFT (Practical Byzantine Fault Tolerance), which is the same as Klaytn's consensus algorithm. PBFT offers advantages like speed, fault tolerance, and finality. Alongside this, BORA 2.0 intends to change the node operation method to the Governance Council (GC), similar to Klaytn, for the majority decision-making that is the foundation for PBFT. Dynamic Token Economy: BORA 2.0 is considering the introduction of a dynamic token economy, including the application of Inflation and BORA's automatic permanent lock-up logic, to attract high-quality projects and secure various partners for the BORA environment. BORA 2.0 acknowledges that large-scale investment is essential to grow the ecosystem with good projects. Eco Fund: BORA 2.0 intends to form an Eco Fund with the BORA Funding Network, including various Crypto Funds or Equity Fund Management Companies worldwide. This fund will invest in Crypto Projects or NFT Projects based on contents, games, and entertainment and strengthen working relations so that the key projects can onboard BORA. Community Development: BORA 2.0 plans to foster active communication with various user communities and developer communities for the development of the BORA ecosystem. It plans to create new Telegram and Discord channels, run by a group of designated community managers, and create a forum dedicated to developers for active communication. Content summarized by AI chatbot

Source:

https://metabora-1.gitbook.io/bora2.0/