Thank you for the insightful questions, @Kavelj22. It’s an honor to discuss the core of Aureus with a legendary member.
You hit the nail on the head regarding the fundamentals. While we honor the Bitcoin concept (SHA-256, PoW, Fixed Supply), Aureus ($AUR) is not trying to be 'another Bitcoin'—it’s trying to be the 'Programmable Secure Layer' for SHA-256.
1. The Use Case (Utility):
Beyond being a store of value, the primary use case currently in development is our Asset-Issuance Layer. Unlike Bitcoin (which requires complex layers like Taproot or Ordinals for similar functions), Aureus is being optimized to allow developers to issue native tokens and digital assets directly on our chain, utilizing the massive security of SHA-256 ASICs without the congestion seen on other networks.
2. Why 31M and SHA-256?
We chose 31M to maintain extreme scarcity while allowing for a slightly higher initial reward (50 AUR) to incentivize miners to secure the network during the critical growth phase toward the 1 PH/s goal. Regarding the halving, we do follow a halving schedule to ensure long-term deflationary pressure, similar to the sound money principles we all respect.
3. The 'Concept' Shift:
The 'Concept' behind AUR is to provide a high-speed, low-cost alternative for decentralized applications that require the security of ASIC mining but find Bitcoin too slow or expensive for micro-transactions and tokenized assets. We are building the bridge between Hard Money (BTC) and Smart Contracts (ETH/SOL), but staying within the SHA-256 family.
We are currently in the 'Infrastructure Phase' (Exchanges, Pools, Explorer). The next phase is the 'Developer Toolkit' to bring those use cases to life.
"Just to add a technical update regarding the project's transparency and official recognition:
Our codebase is built for long-term stability and clean integration. We are proud to share that Aureus ($AUR) has been officially submitted for a Coin Type (SLIP-0044) on the SatoshiLabs repository.
You can track our pull request and technical documentation here:
🔗 GitHub SLIP-0044:
https://github.com/satoshilabs/slips/pull/1974This step ensures that $AUR follows the highest industry standards for HD wallets and hardware compatibility from day one. We believe that 'clean code is the best promotion,' and we invite any developer here to audit our GitHub and see the quality of the infrastructure we are building."
We appreciate the scrutiny—it’s what keeps the PoW space healthy!