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I was browsing through coinmarketcap.com and came across: Asch ( XAS ). 'Although it is based on an Ethereum-like model, Asch is designed to. Asch (XAS) price chart Is there actually a central and valid Asch (XAS) course? The answer is “NO”. Is Mining of Asch (XAS) profitable?

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• If you wish to have your subreddit or website listed in our sidebar, please review our first. If you meet our standards, message the modmail. • See our page for more details. Monthly Top 10 Market Cap Subreddits Home Subreddits Related Crypto Subreddits Related Tech Subreddits IRC News • • • • • • • Exchanges • • • • • • • • • • • • Mining • • • • • Resources & Tools • • • • • • • • • Our Subreddit Friends • • • •. Summary: I’ve been following Asch for about 3 months (including pre-China ban).

About a month a go, 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. Einsteinium EMC2 Mining Solo Vs Pool there. Further analysis below: Overview: Asch is a fork of Crypti similar to Lisk. Both are Javascript, DPOS, and use side-chains. Community: Although the Reddit () following is low (under 600), 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 cryptocurrency space. There is another DAAP being built on the Asch platform called Koumei. This is a predication market similar to Auger/Gnosis. 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. 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. They recently took 3rd place in a blockchain competition in China and are getting great publicity. Trading Volume: Before the Chinese ban, the trading volume was sometimes 10% of the total market cap.

Check out the historical data on coinmarketcap to see how it was trading. All this volume was exclusively on Chinese exchanges. Exchanges for westerners (Bit-z, Kucoin, 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: I’m by no means an expert on price or investing strategy, but here are my thoughts. Asch is well positioned in China and had huge trading volume before the China ban. The market cap is 10% of Lisk.

Asch is only on small exchanges and actively working on getting on a large western exchange. Once that happens, I think we’ll see similar interest to NEO/Walton/Metaverse.

Asch is an efficient, flexible and safe decentralized application platform, which was initially designed to lower the barrier to entry for developers Asch is an efficient, flexible and safe decentralized application platform, which was initially designed to lower the barrier to entry for developers. With the use of JavaScript as its application programming language, the platform makes use of relational databases to store data, drawing similarities between developing a DAPP and developing a traditional web application. This type of platform carries a great deal of appeal to developers, as well as small and medium enterprises, since its ease of use results in greater productivity, fuelling and facilitating a more prosperous ecosystem in the process. Asch is open in design and is not limited to any particular niche market such as finance, document storage, copyright certification, etc. The APIs which it provides are underlying and abstract, and they can be combined freely so as to facilitate a variety of applications. In terms of the consensus mechanism, Asch has inherited and enhanced the DPoS algorithm, simultaneously reducing the probability of forking and double spending by a significant degree.

Furthermore, Asch's side chain, i.e. The application mode, not only improves scalability by delaying the expansion of the blockchain, but also makes DAPPs more flexible and personalized. Asch is a forward-looking, low-cost and one-stop application solution, which is believed to be a new generation of incubator for decentralized applications. The services provided by the Asch platform include a public chain and a set of application SDKs. The services provided by the Asch platform include a public chain and a set of application SDKs; the public chain is called the main chain. The Asch application SDKs can be used to develop blockchain applications with a free-running, immutable ledger.

These applications are also known as side chain applications. An application SDK has a built-in cross-chain protocol, through which the side chain can communicate with the main chain. In other words, the main chain has the function of asset routing, through which a variety of assets can flow among different applications. Asch's ecological system contains multiple chains, with each chain possessing the ability to carry multiple tokens or assets. Each token or asset can also be transferred to multiple chains. Public chain Asch's public chain is mainly responsible for data sharing between infrastructure and applications; it is also used for asset routing. The SDKs are responsible for building specific applications.

• Application management Applications need to register meta-information into the main chain before issued. The meta-information includes the name and description of the applications, the initial witnesses, and other relevant configuration information for the asset routing. Users can browse, retrieve, trace, download and visit decentralized applications through the module. • Asset routing The assets registered on the main-chain can communicate with each application via cross-chain. Although applications are separated from each other, the flow of value could be realized through the asset routing function of the main chain. • Asset management Any accounts can register and issue multiple assets, and the issuer can configure the assets in various ways, for example, through the use of an access control list. • Delegate management Each account with tokens on the Asch main-chain can be registered as a delegate, which is also known as a “witness”.

The top 101 delegates are given the opportunity and responsibility of being the system's account keepers, including the right to forging (or mining, accounting and generating blocks) which results in the reward of a certain amount of tokens. The account keepers can be promoted via the vote of the token holders, who are able to vote for any delegates, to raise their ranking. • Account management The account model is adopted at the lower level of Asch chain.

Each private key corresponds to an account in which the basic user information such as the wallet address, public key, nickname, as well as other configuration information or statistical information is stored. As all application chains use the same account model, an account on the Asch chain is able to use the functions of all applications directly. SDK Asch's public chain is mainly responsible for data sharing between infrastructure and applications; it is also used for asset routing. The SDKs are responsible for building specific applications. • ORM Object-Relational Mapping (ORM) can support relational mapping of objects to organize business data, and support index allocation, whilst complex searches can be realized with the JSON language. • JavaScript Developers can utilize and combine huge amounts of third-party components freely by using JavaScript as the native language.

• Two-way peg cross-chain protocol Cross-chain protocol supporting two-way peg. • Immutable ledger An immutable ledger is built in with the account setup function.

All invoking operations and statuses will be written into the immutable ledger when developers and users invoke a chain code function. • Lower level interfaces In comparison to the Solidity language of Ethereum, Asch allows developers to use underlying APIs so as to gain maximum control of the whole system, examples including the handler and filter of every cycle time event. • Customize fee definitions Developers can set up different service charges for every event or chain code, and even can set up different asset tokens aside from XAS as service charge. • Transaction privacy The feature of optional transaction privacy. • SmartDB Cache and persistent data storage can be synchronized automatically to greatly improve writing performance. • Content publishing platform On the internet, large enterprises deliver content which users are interested in by analyzing their reading habits, thus enabling them to capitalize on their behaviour.

At the same time, the algorithm also creates a niche, which deprives rights to choose and recognize. However, through the use of the decentralization feature of the blockchain, the most interesting news in the community can be selected through the help of the group wisdom of the users. Meanwhile, the token incentive mechanism can be applied since its economic mechanism is able to stimulate the participants’ enthusiasm.

This solves the problem that quality content is difficult to be identified and realized. The value will therefore return to its creators and deliverers, allowing it to be shared by all participants. • Market prediction Market prediction is the collection of indicators of confidence and judgment from different parties regarding the same topic, based on market principles, so as to predict the future result of an event. The blockchain is distributed, open, transparent and immutable. We believe that it is able to solve the issue of insufficient credibility which exists in traditional prediction platforms. This solution establishes a credible, autonomous, value-transitive and extensible platform for market prediction.

The platform will be able to predict upcoming events with the aid of senior wisdom derived from large-scale co-operation, attracting more people to participate in the process by utilizing the built-in token incentive. • Exchange platform The exchange platform, which is based on distributed blockchain technology, is an important part of Asch's ecology.

Asch represents a new generation of blockchain application development platforms, based on side chain technology. On the platform, a number of excellent projects and many different types of tokens will be created and developed. At this moment in time, the system and functionality of the exchange platform represents the basic demands of many users, since it includes a wide array of features such as decentralization, disintermediation, safety, low fees, anonymity, and scalability, which other exchange platforms do not have. With side chain technology, Bitcoin, Ethereum and other high-quality projects can become interconnected, allowing streamlined circulation of digital assets, whilst eliminating isolation amongst them. • Social media Internet-based social media companies data produced by users and unilaterally consume users through protocols which users are forced to comply with.

Users are not able to fully enjoy the benefits of creating, establishing and maintaining their own community. As a result, social media based on the main-chain distributed technology is a trend of future development. With the decentralization feature of the blockchain, it is able to achieve data and value freedom. Furthermore, through the use of the built-in token mechanism, a complete and positive-feedback value incentive economic system will be established so as to promote the development of the entire ecosystem. • IP Copyright protection The popularity of the IP economy has made many peopole aware of the importance of IP, and IP mostly comes from literary works, which highlights the importance of copyright.

The biggest difficulty of copyright protection is to collect evidence in circulation. Circulation is uncontrollable, so comprehensive protection of copyright cannot be assured. Blockchain technology is able to greatly reduce piracy, by providing protection to the entire ecosystem in the form of copyright which features traceability and immutability. The rights in the process of creation can be simultaneously and permanently stored in the blockchain， creating evidence for future potential disputes to be resolved easily. • Public donation The essence of public donations is a process of social wealth redistribution.

The goal, amount and execution of wealth redistribution are determined by public organizations. Nowadays, the biggest contradiction in the public welfare field is the demand for public donations and the loss of non-profit organizations’ credibility. The inherent features of decentralization, transparency and immutability of the blockchain make the acceptance, donations and all other operations inherently exposed to the public, breaking any distrust between donors and executors. Version 1.3.5 of Asch was released • A new lock position can be set if it’s higher than the current lock position, this function will come into effect when the block height reaches 4290000.

• Stability of the wallet is improved, the probability of transfer failure is significantly reduced (the previous page has already supported load balancing and high availability) when using web wallet. • Multi-nodes selection is supported when upgrading or rebuilding. • Enhancement of security, the issue of the dependency library security is modified. • Fixed other bugs. Version 1.3.5 of Asch was released • A new lock position can be set if it’s higher than the current lock position, this function will come into effect when the block height reaches 4290000. • Stability of the wallet is improved, the probability of transfer failure is significantly reduced (the previous page has already supported load balancing and high availability) when using web wallet.

• Multi-nodes selection is supported when upgrading or rebuilding. • Enhancement of security, the issue of the dependency library security is modified. • Fixed other bugs. Version 1.3.5 of Asch was released • A new lock position can be set if it’s higher than the current lock position, this function will come into effect when the block height reaches 4290000. • Stability of the wallet is improved, the probability of transfer failure is significantly reduced (the previous page has already supported load balancing and high availability) when using web wallet.

• Multi-nodes selection is supported when upgrading or rebuilding. • Enhancement of security, the issue of the dependency library security is modified. • Fixed other bugs. Version 1.3.5 of Asch was released • A new lock position can be set if it’s higher than the current lock position, this function will come into effect when the block height reaches 4290000. • Stability of the wallet is improved, the probability of transfer failure is significantly reduced (the previous page has already supported load balancing and high availability) when using web wallet. • Multi-nodes selection is supported when upgrading or rebuilding. • Enhancement of security, the issue of the dependency library security is modified.

• Fixed other bugs. Version 1.3.5 of Asch was released • A new lock position can be set if it’s higher than the current lock position, this function will come into effect when the block height reaches 4290000. • Stability of the wallet is improved, the probability of transfer failure is significantly reduced (the previous page has already supported load balancing and high availability) when using web wallet. • Multi-nodes selection is supported when upgrading or rebuilding. • Enhancement of security, the issue of the dependency library security is modified. • Fixed other bugs.

Version 1.3.5 of Asch was released • A new lock position can be set if it’s higher than the current lock position, this function will come into effect when the block height reaches 4290000. • Stability of the wallet is improved, the probability of transfer failure is significantly reduced (the previous page has already supported load balancing and high availability) when using web wallet. • Multi-nodes selection is supported when upgrading or rebuilding.

• Enhancement of security, the issue of the dependency library security is modified. • Fixed other bugs.