Bosagora blockchain is using Gasper which is a combination of Casper the Friendly Finality Gadget (Casper-FFG) and the LMD-GHOST fork choice algorithm to achieve Proof of Stake (PoS) consensus. This is well battle tested and proven to be reliable and secure as it has been used for the Ethereum Beacon Chain consensus mechanism since December 2020.

The initial stake required is 40,000 BOA per validator. Each validator will get a share of the allocated validator rewards if it behaves honestly by proposing blocks when required and attesting to valid blocks proposed by other validators. If a validator does not propose a block when it is the chosen validator or it does not attest to blocks within the expected time it will be penalized by having a small amount of stake removed. If it is proven to be dishonest then it will be slashed which results in larger amounts of stake being removed. Slashing only occurs for any of the following protocol violations: 1. a misbehaving block proposer who proposes two different blocks at the same slot height 2. an attester which publishes a vote with different source checkpoints for the same target checkpoint 3. an attester which publishes a vote that surrounds or is surrounded by another of its votes in relation to source and target checkpoints

The ultimate goal is for the BOSagora blockchain to be fully open and distributed to all using only PoS consensus. However, the first step to achieve this was to start with a Proof of Authority consensus mechanism which is also very energy efficient. This was to enable early adoption of the chain. The next step is to add a PoS consensus layer that runs alongside the PoA chain. In a similar way to how Ethereum had a PoW and PoS chain to enable the transition from PoW to only PoS. A A PoS consensus chain BOSagora runs with a PoA execution chain to prove secure and reliable, and the Agora Chain has been completely changed to a PoS consensus chain.

BOSagora is a blockchain that uses a Proof of Stake consensus mechanism which means that it is very energy efficient. It uses a tiny fraction of the energy used by Proof of Work consensus blockchains which are very wasteful in energy consumption. For example, BitCoin requires more energy than some countries to keep it secure.

BOSagora has generous rewards given to those that keep it secure and also gives them voting rights in funds that can be used for projects to make a better World.

BOSagora is pursuing democracy, legitimacy, fairness, transparency and efficiency of the highest standards.

The word Agora is defined in the wikipedia as originating from Ancient Greek to mean a public gathering space. This is an apt name for the Agora blockchain that is for public use and for the benefit of all.

BOSagora is an open decentralized blockchain that is built using open source software from the public domain. The goal is to make a better world by using blockchain technology as a project enabler.