How Do People Mine Asch XAS
Dec 22, 2017 - Asch is a prospective, low-cost, one-stop solution that will become the incubator of next generation decentralized application. Asch uses a non-Pow algorithm, so it can't be mined. Currently, a delegate can get 3.5 XAS as reward for forging one block, and each block takes 10 seconds to be forged. Asch (XAS) price chart Is there actually a central and valid Asch (XAS) course? The answer is “NO”. Is Mining of Asch (XAS) profitable?
Summary: I’ve been following Asch since August (including pre-China regulations). About six weeks ago, I flew from the US to China to visit the team – see posts and. Community is strong in China. Team is committed and growing. I think it’s similar to Antshares/NEO where the lack of initial western marketing has kept them hidden.
I think they are considerably unvalued given their large network and 3 DApps being currently developed. Further analysis below: Overview: Asch is a fork of Crypti similar to Lisk.
Asch (Overview). Genesis Date. Hashing Algorithm.. N/A Try Cloud Mining. Available/Total Supply. 92.4 Million /. Read the Disclaimer: Trading is a highly risky activity. Do consult your financial advisor before. Asch system will adjust the decentralization level ᴏf the whole network according tᴏ the amᴏunt ᴏf witness hence calculation power attack and mining pool centralization issue can be prevented. Developer friendly. Become A Zcash ZEC Miner. Asch system provides a series of application templates and SDK so that developers can rapidly create applications.
Both are Javascript, DPOS, and use side-chains. Community: Although the Reddit () following is low (around 800), in China, they have a very active forum, and many Asch-focused QQ and WeChat groups (similar to Telegram or GroupMe). The offices are in Beijing, but Asch is well known all over China and has volunteers from many provinces. Team: Team is extremely committed.
Asch had their ICO in 2016 and they have continued to expand since then. They currently have 14 people who work in their offices in positions including back-end development, front-end development, mobile wallet, desktop wallet, marketing, human resources, and investment officer. Additionally, they have volunteers globally. DAAPs: Asch successfully airdropped tokens for their first DAAP called CCTime on Dec 7th. This will be a news site similar to Hacker News focused on the space. There is another DAAP being built on the Asch platform called Koumei. This is a predication market similar to Auger/Gnosis/Stox.
It is planned to be out in early 2018. It would be one of the first prediction market applications in China and allow for easy wagering of XAS tokens. This week Asch released news of another DApp called KimiCoin which will be airdropped to Asch holders. China: China loves their own technology (Tecent, Baidu, Didi, WeChat, Alibaba). Asch is well positioned to become a major player in China. They are well known in China and were working with one of the province governments before the ban.
Asch has been growing it’s network in China and has been getting some media attention lately. Trading Volume: Before the Chinese ban, the trading volume was sometimes 10% of the total market cap. MonaCoin MONA Miner Repair there. Check out the historical data on coinmarketcap to see how it was trading.
All this volume was exclusively on Chinese exchanges. Exchanges for westerners (Kucoin, Bit-z, etc) have only recently been added. Technology: The Asch web wallet is similar to the Lisk web wallet. It is very functional, updates immediately, and is very intuitive. Additionally, it allows users to register and vote for delegates in the wallet.
There are DAAPs in process as noted above and has quality partnerships in place, see below. Partnerships: Asch is expanding its strategic partnerships as it continues to grow. 1) Bottos – A decentralized platform of data circulation, focused on the decentralized protocols of registration, issue and transfer transactions of AI data.
2) Tokencan – a decentralized exchange built on the Asch protocol. Opportunity: Asch is well-positioned in China and had huge trading volume before the China ban. The market cap is around 5% of Lisk.
Asch is only on small exchanges (although Kucoin has been growing recently) and actively working on getting on a large western exchange. If Asch gets on a big exchange or the Chinese regs are rolled back, Asch will moon!
The main token is XAS to provide the gas to fuel the network’s economy. The XAS deploy in a separate side chain. The outer ledger protocol that linked from the core blockchain able to process and execute independently with its own ledger and isn’t immutable, thus allowing developers to be able to constantly customize their Dapps.
Asch Whitepaper Asch has a lot of advantages in design when compared with other distributed application development platforms: adopting JavaScript as development language, supporting relational database to store the transaction data, all of these approaches make DApp development like developing a traditional web application, which must be extremely attractive to developers and SMEs. We believe the ecosystem of the whole platform will not be developed sustainably unless developers productivity could be promoted. Aschis also an open platform whose focus is not limited to a particular area, such as finance, document storage, or copywrite proof, but is on providing a series of underlying and abstract APIs, which can be combined and utilized to realize almost all kinds of applications. In addition Asch system utilized enhanced DPOS algorithm in its consensus mechanism to significantly reduce the probability of block fork and the risk of duplicate payment. Most importantly, Asch’s sidechain-is-application mode can not only alleviate the blockchain inflation issue, but also make DApp more resilient and characteristic. Overall, Asch is a prospective, low-cost, one-stop solution that is surely able to be the incubator of next generation decentralized application. Asch Roadmap Asch Platform vs Ethereum vs Lisk ICO projects based on Asch platform, The first DApp build on Asch protocol: CCT(Cryptocurrency Time) CCT is a distributed social news sharing and communication platform which based on ASCH cross-chain technology.
It uses the blockchain technology to change existing centralized content market structure and build a news gathering and content sharing platform that has value and meets the needs of the public. As the first DApp of Asch, it adopts targeted community airdrop instead of carrying out ICO mode. To be a grateful and profound product which is long-term supported by community. More contents.
Welcome to join CCT official Tencent QQ group: 644658047 Killing Chain is the world’s first multiplayer online battle royal video game developed based on crypto digital currency is the world’s first multiplayer online battle royal video game developed based on crypto digital currency, published for PC and for mobile, with the battle royal as the core game feature. With development team from leading game development firms including Blizzard Entertainment and Ubisoft, two years of production with over 100 million investment volume, the game has entered its testing phase and is expected to be launch in October 2017. Take away: Sleeping Yellow Giant? I can’t take anything away from the prospect this project could possibly bring to the table.
Asch is in the middle of the current hype epicenter – China. But it will face tremendous competitors that are much are well-known: NEO and Qtum for the same ICO markets. If you reckon the ICO market would be continued to grow, ASCH definitely would benefit from it. There is not a whole lot really we able find out for the time being about the devs. They seem more focus to serves the China market at the moment. And XAS is only trading in 4-5 exchanges that are all based in China. The XAS daily trading volume averages around $4 million which is not bad consider not many people knew this digital token and only listed on a handful of Chinese Bitcoin exchanges.
The marketcap is still low at $55 million compared to ‘s $2 billion and Qtum $767 million. Due to the low valuation, I believe this token can be worth much more in the medium and long term, but still pending the success of the platform. Asch Markets, Get Your Bitcoin with following websites, ✘ Direct Buy from online marketplace where users can trade Bitcoin for fiat cash directly with each other. ✘ Plus Other Cryptocurrencies. Asch $XAS Links ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ QQ Group – 485983438 BTC Exchanges and Charts With Altcoin Trading, ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘ ✘.