The initial stage is enhancing the Achain network’s security and stability. Smart contracts, digital assets, and sandbox simulations are made accessible through a modularized design approach.
WHAT IS ACHAIN (ACT)?
ACT team created a new public blockchain program to let developers issue smart contracts, tokens, dApps, and blockchain operations. Although most of this functions are found in Ethereum, that particular ecosystem isn’t capable of scaling correctly at this time. The ACT is built from the ground up with scalability in mind, as it intends to become a global blockchain network for both value transactions and information exchange.
ACHAIN (ACT): HISTORY
Achain was developed initially by the Singapore-based, non-profit Achain Foundation, which is jointly built and co-maintained by the global community. In early 2015, Achain proposed a technology innovation roadmap for modular design and smart sandboxes to make a more stable and secure interface for decentralized applications on its platform. Achain proposed a three-phase development plan for the Fork Network, Smart Contract Network and Interconnected Network in the year 2017. On November 23, Achain founder Tony Cui posted on BitcoinTalk Forum to unveil the basic framework of the freshly designed Fork Theory on chain-split.
HOW DOES ACHAIN (ACT) WORK?
Achain tackles stability with its Lua Virtual Machine, LVM. This new virtual machine offers upgraded performance rates to protect against the potential for system coupling. Regarding safety, Achain opts for DPoS (delegated proof of stake) by building on PoS. That PoS in itself presents security by excluding the possibility of undesired centralization by a group of miners dominating the majority of computing power in a PoW agreement. Scalability should resolve the issue of inappropriate blocks within the blockchain. Achain feels forking and upgrading help with network evolution.
HOW TO BUY ACHAIN (ACT)?
The user can’t buy ACT directly for fiat on any exchange. The user can choose the best coin exchange for the region and obtain BTC/ ETH there, then trade it for the ACT on exchanges. Check if Coinbase is open for your country and buy there – as it is by far the safest and best-regulated bitcoin exchange. Once the user has BTC/ ETH with them can head to HitBTC / Huobi/ Allcoin and trade BTC/ETH to ACT.
ACHAIN (ACT) PRICE PREDICTION 2018
The ACT can be a profitable investment option. Achain price equal to 0.211 USD at 2018-03-09. If you buy Achain for 100 dollars today, you will get a total of 473.780 ACT. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-03-04 is 5.974 US Dollars. With a 5-year investment, the revenue is supposed to be around +2730.43%. Your current $100 investment may be up to $2830.43 in 2022. ACT price today is $0.211 and the market cap value is $96,914,281. The volume is $5,725,160, and the current supply is 456,580,723 ACT.