Bitcoin Forum
August 26, 2019, 04:05:14 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
Author Topic: Achain’s Fork Theory —— what do you think?  (Read 6829 times)
Tony Cui@Achain
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
November 23, 2017, 09:49:29 AM
 #1

Hi all,

I’m Tony Cui from the Achain and I plan to present my recent theory on blockchain’s chain-split at our upcoming Blockshow on November 29. For now, I would like to share with you folks where my framework comes from and how the theory works- in just a couple of bullet points:

1.   Our current elitist blockchain technology faces the challenge of opening up to the larger general communities. Creating new systems for various application purposes usually demands too much from new developers having just entered the game. How could they quickly develop secure blockchain applications? And where could they even start to find their first customers?

2.   Keeping those questions in mind, we now look to the variety of newly derived forked cryptocurrencies in the market. Bitcoin Gold, for example. It is, of course, made for the goal of better profiting, but that’s not enough. The blockchain industry can use the idea of forking to meeting a better end – the end of innovation that can lower the standard of the technology to include participation of all.

3.   This is how Achain’s Fork Theory functions: Achain splits into a main chain and several sub-chains. All information can be shared among all chains, and value can exchange freely in avoidingdisruptions of communications.

4.   The main chain is committed to the basic blockchain infrastructure, while its sub-chains can be customized to the various needs of their applications.

5.   Since the sub-chains are split from the main, they inherit the main’s basic stable structure, which also contains all of the main chain’s existing users. This serves as the initial reservoir of users and solves the new developers’ concern of their insufficient customer markets.

6.   We will update our smart contracts, announce the plan, and obtain the community’s general consensus. Different types of forking (whether soft fork or hard fork) will be implemented according to the need of specific applications.

7.   We will provide a standardized Value Exchange Protocol and a detailed instruction to forking. Stay tuned!

Any thoughts/questions/advice? Looking forward to hearing them out!

Thanks for your attention.

Tony
Founder of Achain
1566792314
Hero Member
*
Offline Offline

Posts: 1566792314

View Profile Personal Message (Offline)

Ignore
1566792314
Reply with quote  #2

1566792314
Report to moderator
1566792314
Hero Member
*
Offline Offline

Posts: 1566792314

View Profile Personal Message (Offline)

Ignore
1566792314
Reply with quote  #2

1566792314
Report to moderator
1566792314
Hero Member
*
Offline Offline

Posts: 1566792314

View Profile Personal Message (Offline)

Ignore
1566792314
Reply with quote  #2

1566792314
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566792314
Hero Member
*
Offline Offline

Posts: 1566792314

View Profile Personal Message (Offline)

Ignore
1566792314
Reply with quote  #2

1566792314
Report to moderator
1566792314
Hero Member
*
Offline Offline

Posts: 1566792314

View Profile Personal Message (Offline)

Ignore
1566792314
Reply with quote  #2

1566792314
Report to moderator
kernighan
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
November 23, 2017, 10:00:35 AM
 #2

I hold some ACT, and enjoy the earning on it.
I hope this post and blockshow asia will boost the price to the moon!!!
kernighan
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
November 23, 2017, 10:03:59 AM
 #3

just like bitcoin cash, gold, diamond, sliver, segwit2, should I expect Achain cash, Achain gold, Achain diamond?
Make me rich please, Tony!
haiyou
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
November 23, 2017, 10:04:26 AM
 #4

 Very cool idea - just a quick question: how free / independent are those sub-chains after splitting?
Chris1205
Newbie
*
Offline Offline

Activity: 24
Merit: 0


View Profile
November 23, 2017, 10:09:06 AM
 #5

I don't think Achain  has the value of being forked
moudazhang
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 23, 2017, 10:24:54 AM
 #6

I have a question……How much practical value does the theory have?
pgoneaaa
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
November 23, 2017, 10:29:43 AM
 #7

From what I know thus far, Achain only supports DPOS, which permits the delegates to make decisions or function as executive?
jacksonaaa
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
November 23, 2017, 10:35:54 AM
 #8

WOW, so all sub-chains can get their users from Achain?
HBT_HE
Member
**
Offline Offline

Activity: 69
Merit: 10


View Profile
November 23, 2017, 10:57:43 AM
 #9

If there’s no limit to the forking of Achain, will ACT be eventually diluted, followed by risks of currency inflation?
Duzenn
Member
**
Offline Offline

Activity: 252
Merit: 10

The Experience Layer of the Decentralized Internet


View Profile
November 23, 2017, 11:03:25 AM
 #10

Actually, I can see Achain's posting here. Although I have a part of ACT, I do not agree with this split view. Therefore, I do not recommend that Achain initiate such a bifurcation.

ohtmvhbli
Newbie
*
Offline Offline

Activity: 55
Merit: 0


View Profile
November 23, 2017, 11:27:14 AM
 #11

It is said that ACHAIN reputation in China is very bad, before the jubi exchange, is the achain author team co-exchange malicious price manipulation, resulting in a lot of investors lose the same investment.
This is just a goodwill reminder.
neemail
Full Member
***
Offline Offline

Activity: 127
Merit: 100


View Profile
November 23, 2017, 11:30:48 AM
 #12

chinese scam,be  careful Embarrassed Embarrassed Embarrassed
whmpblgg
Newbie
*
Offline Offline

Activity: 47
Merit: 0


View Profile
November 23, 2017, 11:34:30 AM
 #13

chinese scam,be  careful Embarrassed Embarrassed Embarrassed
Your statement is ambiguous, not to say that all projects from China are liar, such as NEO and QTUM are very good projects.
However, ACHAIN does not belong to this list, ACHAIN team I think it is not reliable, because they put the team responsible for the technical developers were dismissed before the ICO, ACHAIN only focus on publicity, but did not pay attention Development.
neemail
Full Member
***
Offline Offline

Activity: 127
Merit: 100


View Profile
November 23, 2017, 11:35:03 AM
 #14

It is said that ACHAIN reputation in China is very bad, before the jubi exchange, is the achain author team co-exchange malicious price manipulation, resulting in a lot of investors lose the same investment.
This is just a goodwill reminder.
i can prove that he says is true
lovelxq
Newbie
*
Offline Offline

Activity: 16
Merit: 0


View Profile
November 23, 2017, 11:36:11 AM
 #15

Team manipulate prices to deceive investors, so bad! Cry
Anniee123
Member
**
Offline Offline

Activity: 196
Merit: 10


View Profile
November 23, 2017, 11:37:55 AM
 #16

I do not know where you came from to put forward this theory. Achain's community groups are like feces. They do not look at the problem of community building. They always think about money. Roll Eyes Roll Eyes Roll Eyes

DCC│Distributed Credit Chain
    Empower Credit, Enable Finance   
GithubFacebookMedium ‹‹‹dcc.finance››› RedditTwitterTelegram
neemail
Full Member
***
Offline Offline

Activity: 127
Merit: 100


View Profile
November 23, 2017, 11:42:20 AM
 #17

so evil Embarrassed Embarrassed
Lingqingyi
Member
**
Offline Offline

Activity: 168
Merit: 10

Open and Transparent Science Powered By Blockchain


View Profile
November 23, 2017, 11:56:33 AM
 #18

As we all know, Achain reputation in China is not good, and community construction is also quite poor, and now another way to want money, this is not a good idea Yeah, the founder, should change

ORVIUM        Open and Transparent Science Powered By Blockchain        ORVIUM
█    Whitepaper        Telegram        Twitter        Facebook        Reddit        Blog    █
▇▆▅▃▃▃▃▃▃   Token Generation Event: Coming Soon   ▃▃▃▃▃▃▅▆▇
Gordan101
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
November 23, 2017, 12:51:47 PM
 #19

I guess some people above don't understand English? What 's the relationship between this "fork theory" and money? Cui said it's about innovation and it's just an idea.

I'm not sure if I'm correct but to me, this basically means Achain is open to splitting of chains in future for specific uses to make it simpler for developers who are not blockchain experts. This would in turn mean for every split ACT holders will get free money. Just like BTC, BCC and BTG

I like this idea althrough I think it's still pretty new and it will take a long time for the team to accomplish this idea.
zhuangxingyue1
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 23, 2017, 02:23:43 PM
 #20

Hi brother....What does soft fork and hard fork mean in No. 6? How are they different? Huh
Pages: [1] 2 3 4 5 6 7 8 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!