What is Achain?
Achain is a simple, efficient and secure blockchain platform. Users can use Achain to quickly deploy digital assets, smart contracts and other decentralized enterprise-class applications. The official website is https://www.achain.com.
In development for two years, Achain has gained recognition in the market in terms of issuance of digital assets. Its exclusive distributed consensus RDPOS mechanism (Result Delegated Proof of Stake) has implemented a fully intelligent Turing VM from Turing with patented intellectual property rights. While the performance of the transaction in the chain is up to 1000TPS (transactions per second).
Achain can create and execute smart contracts, issue various types of digital assets, copyright protection, evidence certificates, etc.
What are the similarities between Achain and Ethereum?
Both are public blockchains, capable of carrying contracts and intelligent applications, they are digital assets, they have integrated cryptocurrencies and they are open source.
Like the Ethereum, Achain has a chain of blocks containing data blocks (transactions and smart contracts). These blocks are created by the participants, while other participants verify them. Everyone can verify the transactions through https://browser.achain.com/.
ACT, Chain's cryptocurrency, is used to pay the cost of calling smart contracts and other transaction fees.
What are the differences between Achain and Ethereum?
Ethereum uses the consensus POW + POS, while Achain uses its original consensus distributed RDPOS (improvement still).
The difference between RDPOS (stake test delegated result) and DPOS (stake delegated test) is the part that performs the validation of the execution of an intelligent contract. DPOS uses a corresponding node to make an intelligent contract, in order to compare it with the execution of the node of the production block. RDPOS will determine dynamically, according to the state of the resulting transaction (for example, R-Result) at the time of the package of the production block node, if the intelligent contract must be verified by a correspondent node or by all the nodes. For a specific intelligent contract, for example, if the execution of the intelligent contract requires a long period of time, and the internal state space of the intelligent contract is large, different strategies must be adopted to facilitate the rapid verification of the intelligent contract. . In the case of an unpacked transaction resulting from the oversized result of the intelligent contract, the block generation node will only pack the resulting transaction Hash, so that all modes can automatically participate in the verification. This consensus mechanism theoretically improves the performance of transactions across the network.
Achain's average block time is 10 seconds. The performance of the transaction is up to 1000TPS (transactions per second) .Achain provides an "isolated space mechanism"
The "safety enclosure mechanism" is a complete simulator. Every time users enter the limited environment, they do not need to spend tokens, but they can access all the functions of the chain and verify their contract quickly. This mechanism can reduce the likelihood of false contracts in the chain, as well as reduce the cost of debugging.
AChain has great potential, but even projects with state-of-the-art technology tend to outweigh any project that can be upgraded to astronomical value in just a few hours. Encrypting money markets now is not rational, which may hinder the chances of success for such projects.
website: www.achain.com
telegram: t.me/AchainOfficial
twitter: @AchainOfficial
Achain is the best Blockchain Today!
Thank you very much for posting about it!
Yeah, thanks for posting. This will moon hard !!
Definitely! Hodl!!!
Good article! I got some ACT too.
Hodl for long haul! You will not regret it :)
Holding ACT longterm, collecting all these forks.
It is almost like dividends!
"We want to Fork you" - Kyle Lu
:)
hahah!