The Achain project was founded in 2015 as a Blockchain project that dedicates itself to building a borderless Blockchain world. In this article, as Kriptokoin.com, “What is Achain?” We will answer the question. In addition to these, we will touch on all the questions about the project.
What is Achain? What does the ACT do?
According to the project whitepaper, Achain provides cutting-edge design capabilities such as virtual machine, smart sandbox, value exchange protocol and bifurcation mechanism. The native cryptocurrency of the platform, which has reached 1000 TPS in the industry, is ACT.
What is the purpose of the project?
The main aim of the project is to be able to use technical solutions to solve the problems facing existing Blockchains. At the same time, besides focusing on factors such as transactions per second, the project is also working on better interoperability between blockchains. Moreover, interoperability makes the Blockchain and non-Blockchain world accessible to mainstream users.
Future:
The fact that Achain Coin RDPoS is better than DPoS draws a lot of attention in the industry. While DPoS only allows one validator to create a block, RDPoS ensures that in some cases all the top 99 validators can participate in transaction verification if needed. However, experts claim that ACT Coin will perform better in the future. ACT Coin is an altcoin project with bullish potential.
What are the advantages?
- Achain Coin offers Blockchain-as-a-service (BaaS) solutions that use multiple programming languages and visualized development to reduce adoption.
- The project makes it possible for developers with different programming backgrounds to potentially create a fork of Achain.
- Since October 2018, the platform includes programming language support Lua, Solidity, Java and C# for Achain development.
- The platform also includes exchange, entertainment, finance, payments, network, marketplace, services and protocols.
What are the disadvantages?
- Having a large number of DApp projects in the cryptocurrency sector can reduce the demand for Archain.
- ACT Coin is a risky investment option like other cryptocurrencies due to its high volatility.
What is Achain? How to buy ACT?
Exchanges that can be traded with ACT at the moment; KuCoin is Huobi Global and Bitbns. To purchase coins, these steps are followed:
First of all, access the web/mobile application of the exchange that lists the ACT you have chosen as the first step. Then complete the account opening steps of the exchange. Complete the next step, the authentication and approval process. Follow the steps of the exchange, which is the next step, to deposit funds. As the last step, choose ACT Coin with the balance amount you want and create a purchase order. Store it in your trusted accounts.
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