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Author Topic: Asch what do you think ?  (Read 645 times)
Aschcraw (OP)
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August 27, 2017, 08:28:22 AM
 #1

to me look very nice project but only chinese exchange now
https://coinmarketcap.com/currencies/asch/
europesss
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August 27, 2017, 08:33:34 AM
 #2

to me look very nice project but only chinese exchange now
https://coinmarketcap.com/currencies/asch/

I check its official web site, it's a fully Chinese altcoin , as you see, there are too many altcoins in China, but only NEO succeeded, be careful, too many scam coins in China.
HastyQuynh
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August 27, 2017, 08:56:29 AM
 #3

The XAS does not say anything at the present time.
https://www.asch.so/
PedroLinh
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August 27, 2017, 08:58:36 AM
 #4

XAS comes from the Chinese market should wing to the "scam"
JanpriX
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Buy The F*cking Dip


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August 27, 2017, 09:04:43 AM
 #5

to me look very nice project but only chinese exchange now
https://coinmarketcap.com/currencies/asch/

I'd be very careful with this one. There's so little information about this coin and its website is only in Chinese version. There are other promising coins in the market that you should look into with active dev team and with an active community.  You might think of the success of Neo (Chinese altcoin) but this one is really different from that. I'd stay away from this coin as of the moment and wait for additional information about it.
Aschcraw (OP)
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August 27, 2017, 09:50:23 AM
 #6

the website have English language ... seems something like Ethereum but with Java language and other things . the website and the software look very good for scam ? so maybe really good project ? they also have Android wallet web wallet ? why this effort for scam coin ? usually 99% of ico are scams but Asch for me seems pretty good . for now are selling only in chinese exchange but when and if will start to hit English exchanges the price can increase a lot ?


Features & Differences

Although it is based on an Ethereum-like model, Asch is designed to make developers' life much easier: adopting JavaScript as development language, or supporting DBMS to store the transaction data, all of these approaches make DApp development like 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. Asch is 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 enhenced DPOS agorithm 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 decentralised application.


Sidechain architecture
The advantage of adopting sidechain is data independency which does not burden the mainchain with the data inflation. It is a nature partition mechanism. Also, by using sidechain it is very flexible to customize blockchain parameters such as blcok interval, transaction fee, and rewards etc.

Byzantine fault tolerance
Asch system can tolerate up to 1/3 nodes fail simultaneously, as long as there is no such situation like most of delegates are cooperatively cheating or a large wide range of delegates are being hacked, transactions and blocks are not roll-back, which makes transaction confirmations significantly fast - usually only 2 confirmations would meet the basic secure requirement.

Secure Sandbox
On each Asch node can installed more than one sidechain subsystem, and the owner of Asch node does not need to trust the developer of sidechain. To achieve this aim, a security mechanism is necessary. It is a sandbox mechanism provided by Asch that can prevent sidechain code stealing the owner's information and causing damage to the server.

DApp Store
Applications submitted by developers will be registered into main chain, and users can browse, check and use them in their main chain wallet. An application will not be utilized until it is downloaded and installed by delegates, therefore delegates are able to charge a certain maintenance fee, or collect a transaction fee as a witness of this application.

Decentralised voting
Currently witnesses of block production are generated by a voting system built in main chain. Asch system will adjust the decentralisation level of the whole network according to the amount of witness hence calculation power attack and mining pool centralisation issue can be prevented.

Developer Friendly
Asch system provides a series of application templates and SDK that allow developers to rapidly create applications. With the support of nodejs as development language and RDMS as blockchain data storage, traditional webapp developers are also able to easily grasp the technique.

Baehr123456789
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August 27, 2017, 10:17:36 AM
 #7

Chinese coin. Find another coin to invest
Pasutinmeur
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August 27, 2017, 10:24:31 AM
 #8

to me look very nice project but only chinese exchange now
https://coinmarketcap.com/currencies/asch/
If there will be another news about the western exchange site will try to add the asch coin and that will be a good pump in the future, but you can see some other chinese coin such as qtum and neo. Does it look better for you? especially from the historical of the coin itself. I think that the future could be so bright.

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asmodeus130
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August 27, 2017, 10:37:50 PM
 #9

I think there is good promise in this coin. People dismissing it just because it is Chinese are not very clever. It looks pretty solid to me, just needs to be marketed well and listed on some major exchanges and it will take off

Check the whitepaper here: https://www.asch.so/asch-whitepaper-en.pdf

Star & Fork: https://github.com/sqfasd/asch

Documents: https://github.com/sqfasd/asch_docs
Emoclaw
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August 27, 2017, 10:40:52 PM
 #10

to me look very nice project but only chinese exchange now
https://coinmarketcap.com/currencies/asch/

I check its official web site, it's a fully Chinese altcoin , as you see, there are too many altcoins in China, but only NEO succeeded, be careful, too many scam coins in China.
Too many scamcoins everywhere you mean.
Cryptocurrencies are not related to country of origin of the developers much.
You could make the argument that Bitcoin is the only successful coin from Japan (not debating origin, Satoshi claimed he lived in Japan at the time), too many scamcoins in Japan, but it's not true.
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January 02, 2018, 01:00:31 PM
 #11

http://chuantu.biz/t6/64/1506325482x2890191733.png


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