Achain ACT to Primas PST Exchange

Crypto Pair Details: ACT to PST

Achain ACT

Achain is a public blockchain platform that enables developers of all levels to issue tokens and create smart contracts, decentralized applications, and blockchain systems. Achain is committed to building a global blockchain network for information exchange and value transactions. Unlike Bitcoin or Ethereum, Achain utilizes a modified version of DPoS — RDPoS (Result-delegated Proof of Stake) to establish node consensus. Shortly, DPoS suggests that all coin holders vote for the validator nodes that will produce the next blocks. On the project website, only info about CEO Tony Cui is listed. Cui has a few significant accomplishments, including winning the Future Star award from the Zhongguancun Alliance and being listed in the 30 under 30 on CYZONE, a famous venture capital magazine. On LinkedIn, 51 people are listed as employees at Achain. Most of the team is based in Beijing. Achain also has a few key industry partners. It has even co-organized a “Blockchain Technology Open Course” with Tsinghua University, which is widely recognized as one of the world’s top universities. The roadmap for Achain development is fairly detailed. However, most goals listed are development-oriented rather than marketing or design. Still, it’s important to note that focusing on making the protocol interoperable and building a technology that is more accessible to mainstream adoption could also be considered a marketing-oriented part of this project. There are three major phases with projected completion dates listed. These include Singularity (completed Q1), Galaxy (ongoing), and Cosmos (complete at the end of Q4). One thing to note is that dates for these phases are not consistent between the homepage and the whitepaper. This could be simply due to a scenario in which phase names remain the same while new goals and timeline dates within those phases continue to change. In January 2019, the project will update the website to reflect roadmap goals for the new year. Looking at the current landscape of blockchain projects, Achain certainly offers the possibility of much-needed technical innovations. The ability to easily create an Achain fork, as well as, the protocol’s unique RDPoS consensus algorithm make this a promising project. It will be interesting to see how Achain builds upon its accomplishments, and how the project team continues to develop a long-term strategy for improving the protocol’s technical capabilities and increasing participation in its ecosystem.

Primas PST

Primas is a platform for high-quality content centred in Distributed Trusted Content Protocol or DTCP. It utilized blockchain technology in ascertaining content credibility and also utilized economic incentives to speed up the creation and circulation of the content of high quality. It also gives the readers the capacity to view the customized content of high-quality via social recommendations. Traditional internet application can also make use of APIs in accessing Primas, thereby gaining instant access to the power offered by Primas. The token spreading on Primas platform is known as PST. It is utilized for rewarding the creators of valuable content on the Primas DApp as well as the miners who aid in the upkeep of the Hawkeye crawlers and Primas Node. The utilization of POS secondary networking ensures high scalability, hastened accessing speeds and the capacity to support massive scale applications simultaneously. Users are not required to hold on for block confirmations to attain a user experience which is consistent. This also greatly minimizes the cost of the transaction of utilizing blockchain and sorts issues of bottlenecking. A totally decentralized structure which employs an economic incentivization system and technique for node discovery lets anyone partake or quit by utilizing the Primas node at any moment without having an impact on end users. Presently, the secondary network linked to Ethereum is compatible with the use of a massive amount of users. In the event of serious overcrowding on the Ethereum network, users will still have the capacity to utilize Primas without stalling. They also are not required to make payment for gas fees.

SOURCE: COINGECKO

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