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What is Achain (ACT) Token coin information and news?

 

What is Achain Crypto Currency? A short description of Achain.

Achain is a public blockchain platform that allows developers at all levels to use tokens, issue smart contracts, and create blockchain applications and systems. Achain is committed to building a global blockchain network for information exchange and value transactions.


Achain Video



The purpose of Achain

Achain is a public blockchain platform that allows developers of all levels to issue tokens, create smart contracts, build decentralized applications, and blockchain systems. Achain is committed to building a global blockchain network for information exchange and value transactions.

Achain Abstract

Achain Blockchain (called Achain) is committed to building and unlocking a blockchain
World, founded in 2015. Blockchain is now considered one of the technological innovations in
the greatest potential and creativity in the world. Three points are important for human transformation
history: The first industrial revolution, marked by machines replacing manual labor, the second
The industrial revolution, followed by inter-combustion engines and other mass production
engineering and the third industrial revolution, powered by computer technology, nuclear energy,
space technology and bioengineering. However, the basis of our production relations is there
it remains the same: it is still located in a centralized pyramid structure from top to bottom. More
this structure becomes complicated and the more levels it creates, the harder it is to secure
kaepektibo. Blockchain, also known as the "value network", is decentralized and trustworthy
a network that achieves peer-to-peer value exchange. Achain believes in blockchain technology
is an innovation that transforms current production relationships and paves the way for the next long awaited
revolution in human history. With the help of Achain, we can create a world where
people are directly connected, reliable, cooperating, exchanging and managing value with each other
under social consensus. Achain achieves this goal in three stages. First we build a safe and strong
blockchain network with a modular design approach that enables smart and digital contracts
Properties. The smart sandbox can also be used to create an environment for intellectual tests and monitors
contractual enforcement. Sandbox ensures that contracts are secure to prevent similar DAO1 incidents
before they are officially uploaded to the chain. Second, we use forking to meet different companies
appeals such as insurance, document retention, cryptocurrency, tracking, personal credit and
more. This phase will lead to a thriving, easy-to-use, low-cost and well-adapted blockchain network.
Finally, we use the Value Exchange Protocol (VEP) to connect them incorrectly and actively
networks together, and even open data exchange with other networks (possibly non-blockchain)
to build an interconnected and multidisciplinary data-connected Internet world. use
multidimensional data such as personal credit, property, production and consumption data,
Common consensus, individual character and exchange of values ​​can be better organically combined.
The Token, named ACT from Achain, contains the value of its ecosystem. ACT ownership gives you access
all basic blockchain services, such as smart contracting, networking and more. Achain is designed to provide security, stability and scalability in the first place when created
the above-mentioned ecosystem. As a public chain, Achain opted for more practical DPoS
(Assigned Proof of Stake) A consensus mechanism that covers small resources and creates a
Proof of Stake consensus mechanism delegated to the result (called RDPoS). Below
in the same security situation, RDPoS improves overall transaction performance overall
networks as other network parameters in general. Theoretically, he has already reached resp
and above 1,000 TPS (transactions per second).


More information can be found in the Achain whitepaper https://www.achain.com/Achain%20Whitepaper%202.0_EN.pdf

Other Achain facts

  • Trading symbol: ACT
  • Governance: Centralized > Flat
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Delegated Proof of Stake
  • Emmission rate: Unfortunately we don’t have this data available.
  • Transactions per second:  1000
  • Total Supply: 1,000,000,000
  • Release date: 2017-08-21

Usefull Achain links


How Can You Buy Cryptocurrency Achain (ACT)?
We are currently working on a special "how to shop" page for Achain (ACT) and all other cryptocurrencies.

We will let you know when the Achain (ACT) manual is completed.

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