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Author Topic: Achain’s Fork Theory —— what do you think?  (Read 6938 times)
Tony Cui@Achain (OP)
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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
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kernighan
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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!!!
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November 23, 2017, 10:03:59 AM
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just like bitcoin cash, gold, diamond, sliver, segwit2, should I expect Achain cash, Achain gold, Achain diamond?
Make me rich please, Tony!
haiyou
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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
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November 23, 2017, 10:09:06 AM
 #5

I don't think Achain  has the value of being forked
moudazhang
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November 23, 2017, 10:24:54 AM
 #6

I have a question……How much practical value does the theory have?
pgoneaaa
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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
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November 23, 2017, 10:35:54 AM
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WOW, so all sub-chains can get their users from Achain?
HBT_HE
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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?
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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
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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
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November 23, 2017, 11:30:48 AM
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chinese scam,be  careful Embarrassed Embarrassed Embarrassed
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November 23, 2017, 11:34:30 AM
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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.
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November 23, 2017, 11:35:03 AM
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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
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November 23, 2017, 11:36:11 AM
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Team manipulate prices to deceive investors, so bad! Cry
Anniee123
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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

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neemail
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November 23, 2017, 11:42:20 AM
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so evil Embarrassed Embarrassed
Lingqingyi
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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

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Gordan101
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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
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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
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