Achain is highly underrated Chinese platform coin with some serious moon potential (crypto investor-speak for mega ROI).
Unlike most of the ‘whitepaper cryptos’ being hyped by various shillers, YouTubers, and other so-called ‘expert’ investors, Achain has a working product.
In fact, Achain has been around for several years and already has a thriving ecosystem (with 33 apps deployed on the Achain platform), but is almost entirely unknown (yet) by the western world.
Expect this to change very soon as the western world wakes up to the sleeping dragon that is Achain.
The technical specs of Achain are quite impressive:
Over 30 DApps built on Achain
Working smart contracts deployed with upcoming support for Java and C++
Transaction speeds of 1,000 TPS
Personally, I’m very very excited about Achain. In my opinion, this is one of the most underrated cryptos right now and when it explodes, it’s going to go parabolic.
Achain has a unique approach to their infrastructure by breaking their system into three spheres intended to be the all-in-one solution to blockchain problems.
Singularity (the Achain) covers smart contract security and stability functioning as the testbed.
Galaxy are the child chains spawned by forking Achain that can be customized for virtually any speciality use. As stated on the Achain website: :Achain splits into multiple sub-chains to meet the need for different applications in the reality, including insurance, e-documentation, cryptocurrency, record investigation, credit rating, and much more can be fulfilled by sub-chains within an interconnected, low-cost, user-friendly, and customized blockchain network.”
Cosmos is the promise of interconnectivity between the forked child chains and also external chains not based on Achain network (ethereum, for example).
What’s especially interesting about Achain and what I feel sets it apart from other platform plays is the proposal of what’s known as ‘Fork Theory‘, which is the ability to harness the power of forks (creating a new cryptocurrency based on the original cryptocurrency) to create an entire ecosystem based around the core crypto.
Each ‘fork’ can be easily modified to provide additional functionality not present in the core code. This is what the Achain calls their ‘Galaxy fork network’.
This empowers to Achain network to take the powerful forking ability of blockchains, which has been hitherto been used as a source of greed and dissent and harnesses it into a feature that adds extensibility to the system.
Basically, Forking is a strength rather than a weakness.
What’s interesting here for investors, beyond the technical implications of Fork Theory, is that that the base chain (ACT) will be continually used for forks.
Those who hold ATC will be given the forked coins for free. ATC is essentially a goose that will continually lay golden eggs for holders.
Why AChain is Poised for a Major Market Cap Explosion
ACT being relatively unknown outside of China has some huge growth potential. It’s a working platform/infrastructure cryptocurrency that’s competing directly against the likes of other big platforms like Bitcoin, NEO, Ethereum, and QTUM. However, with a market cap of only about $350,000 (at time of writing), there is plenty of room to grow.
Compare market caps for competing platform coins:
Ethereum: 100 billion
NEO: 7 billion
Qtum: 3 billion
Stratis: 1.5 billion
Dragonchain: 900 million
At 300 million market cap, Achain has plenty of growth potential. And with virtually no marketing (yet) to the western world, Achain is poised to explode in value once hungry investors looking for the next big platform coin latch onto it.
Achain is also a Chinese cryptocurrency and one of the only platform ones. Even more, Achain has been in development for several years and has dozens of dApps already deployed onto the network.
A hyped upcoming ICO Pundix.com which looks to be offering crypto-to-fiat exchanges for merchants directly via a specialised POS terminal has partnered with Achain.
In fact, Pundix will be offering their ICO through the Achain platform and the dApp will run on the Achain network itself which is huge news for Achain and a showcases of how powerful Achain is. Achain is also sponsoring the BTC Miami conference end of January 2018. This will help bring awareness to the West about Achain.
So yes, big things for Achain of 2018. It’s cheap as chips right now (at time of writing) at under $1.
Source:
http://cryptoincome.io/3-chinese-cryptocurrencies-that-will-soon-be-valued-in-the-billions/
