Enjin Coin ENJ to Asch XAS Exchange

Crypto Pair Details: ENJ to XAS

Enjin Coin ENJ

Enjin Coin is a cryptocurrency for virtual goods created by Enjin. Enjin is the “largest gaming community platform online” with over 250,000 gaming communities and 18.7 million registered gamers. The Enjin team is designing the coin completely around gaming with the goal of it being the most usable cryptocurrency for the industry. The project includes the Enjin Coin as well as a suite of software development kits (SDKs) that developers can integrate into their games and communities. Bringing blockchain to gaming helps to reduce the high fees and fraud that’s prevalent in the transfer of virtual goods. Enjin Coin is an ERC20 token built on the Ethereum network. With that, the project not only acts as a cryptocurrency but also has smart contract capabilities. It’s also one of the first projects testing the Raiden Network, Ethereum’s version of the Lightning Network. The Enjin Coin platform provides a laundry list of features through its public API and SDKs. To keep things brief, though, we’ll only be discussing a few of the major ones in this article. The largest value Enjin Coin brings to the gaming community is in its creation and management of virtual goods. Developers on each platform can easily create a currency unique to their community that’s backed by Enjin Coin as the parent currency. This gives the coins all the benefits of the blockchain (speed, cost, security, etc…) while still staying customized to their respective platforms. Enjin, the company behind Enjin Coin, is the largest online gaming community creation platform. Started in 2009, the company receives 60 million views per month and transacts millions of U.S. dollars each month in their community stores. The team is deploying Enjin Coin across the entire Enjin CMS platform – over 250,000 gaming websites. Advisors to the project consist of Anthony Diiorio (Ethereum co-founder) and Pat LaBine (previous producer and technical director at Bioware). Enjin has also formed partnerships with Unity, PC Gamer, and NRG eSports. The team held a successful ICO in late 2017 in which they raised ~$35 million between the private and public rounds. Although it’s still a young project, the team spent the last quarter of 2017 building the Platform API, Mobile Smart Wallet, and a Java SDK alongside creating a Minecraft plugin. They’ve got plenty in store for 2018, but the highlights include various platform plugins, the Efinity release, and numerous other SDKs. Enjin also features a tool known as TopLists, which allow users to rank games, servers, teams and any other item. TopLists will be deployed as a decentralized smart contract with functionalities that will allow for market bidding or democratic voting. List creators are incentivized to promote and market their list because these creators will receive tokens when users perform tasks such as voting on their list. Enjin Coin is an ambitious project that aims to integrate online virtual gaming with decentralized technologies. Enjin Coin project promises a lot, and it is only with the passage of time that we will able to see if it can deliver on those promises.

Asch XAS

ASCH is a new generation block chain innovation application development platform based on side chain structure which is efficient, flexible, safe, low-cost and reused. 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 news aggregation, the issue of assets, arbitration, the existence of certificate, property rights certification, the Internet of things, supply chain finance, asset digitization, commodity tracing, prepaid card system, block chain contract deposit etc. 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 block chain, 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. Adhering to the values of enterprise accomplishments, innovation leading, technology belief and embracing future, ASCH is devoted to building a global commercial block chain application ecosystem, which is not only using block chain technology to empower various industries, but also being the base of the world class economy. 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.

SOURCE: COINGECKO

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