BOSAGORA BOA is a project enabler with a focus on building an open decentralized blockchain that ensures transparency of the consensus algorithm and clarity of contracts.
|Founding Members||Serge Komaromi, Kim Inhwan, Lee Munsu|
|Total Supply||450,000,000 BOA|
|Circulation Supply||282,119,914 BOA|
What is BOSAGORA BOA blockchain?
BOSAGORA BOA is an open blockchain-based autonomous ecosystem with a focus on creating a decentralized protocol for the implementation of a highly transparent democratic decision-making process with the help of “Trust Contracts and a decision-making system called the Congress Network.”
BOSAGORA’s native cryptocurrency is called BOA, and it plays a crucial role within the ecosystem. BOA is used for transaction fees, staking, and participating in the consensus process.
Trust contracts are based on the timed automata and web ontology language, and executed on a protocol layer Owlchain.
The congress Network is a decision-making body that uses a precisely defined and automated governance system with a focus on solving the governance issues in the decentralized organizations.
BOSAGORA (BOA) decentralized, censorship-resistant blockchain platform allows the members known as stakers which are part of The congress to participate in the democratic decision-making process to ensure network achieves higher efficiency, transparency, fairness, legitimacy.
BOSAGORA advance democratic decision-making process helps in enhancing the blockchain ecosystem by permitting the most relevant projects with the help of collective intelligence of the congress network members.
What is the problem BOSAGORA BOA blockchain trying to solve?
BOSAGORA blockchain is trying to solve issues of the governance and undecidability issue of smart contracts that are based on Turing-complete language.
They have found that a smart contract based on a Turing-complete language will make it difficult to know what a smart contract will do before running it that can lead to inappropriate implementation for the blockchain applications (e.g. DAO).
They have found that a smart contract based on a TuBOSAGORA (BOA) blockchain tries to solve these issues by creating a more comprehensible and contained programming framework for the creation of next-generation smart contracts for blockchain network known as Trust Contracts.
Trust contracts based on BOSAGORA blockchain provide highly secure and decidable transactions of contracts and along with the congress, the network will play a vital role in making a better world with blockchain technology as a project enabler.
If you are interested in joining the BOSAGORA (BOA) blockchain Community