Achain (ACT) Review, Price, Market Cap and more | Coinopsy

Achain (ACT)

Achain (ACT) - Achain

Achain is a public blockchain that allows developers to create decentralized applications, tokens, and smart contracts. Achain uses the Lula programming language, which is fast and simple to learn...
Pros Cons Related Cryptos Review
Achain's current price is $0.009 USD. In the past 24 hours, Achain's price has increased by +7.7 percents..
ACT
Name (Ticker)
Achain (ACT)
Price (USD)
$0.00898099322309
Rank
110
Active Supply
974.0 million
Total Supply
1.0 billion
Max Supply
1.0 billion
Volume(24H)
2.6 million
Market cap
8.7 million
Fun Name
Achain
Website Links
Block Explorer

Chart

Pros

  • Result delegated Proof of Stake
  • Smart sandbox
  • Interesting ideas

Cons

  • No backing (asset, profits, commodity)

Review

Achain is a public blockchain that allows developers to create decentralized applications, tokens, and smart contracts. Achain uses the Lula programming language, which is fast and simple to learn.

RDPoS

Achain makes use of RDPoS (Result delegated Proof of Stake) for node consensus. RDPoS is a modified versions of DPoS.

RDPoS is more energy efficient than DPoS. its algorithm is also more democratic. DPoS only allows a single validator to generate the block, but RDPoS allows the top ninety-nine validators (in few cases).

Website

Just a small side node, the website is very well made. very eye catching and clean.

Fast processing

According to Achain, it is possible for its blockchain to perform a minimum of one thousand transactions per second and this is made possible because of its unique consensus method. The best thing about Achain is that it is more than one with a great consensus solution because it also offers smart contract possibilities.

Language

It is programmed in Lua which though an obscure language is nevertheless more popular than Solidity which is used in Ethereum. Even better, it is a language that is easy to learn and in addition, it is also a more versatile language which attracts a good number of app developers. The best part is Achain also offers support for Solidity and Java as well as C#.

Automatic Contract Testing

Yet another interesting feature of Achain is that it offers smart sandbox which is an environment in which contracts are automatically tested for normal loopholes before being deployed. This ensures that the network is more secure. 

Achain devs are paying attention to the ease with which forking takes place because it believes that this procedure will be a natural way to upgrade as well as evolve blockchain technology. 

This means Achain is capable of containing protocols to support out-of-chain events as well as inter-chain communications. These features will be completely implemented in Achain throughout this year (2018).

Conclusion

All in all, Achain is just one more cryptocurrency that has a few new ideas.

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