Asch, the first global commercial and high-performance blockchain application platform

ASCH
AschPlatform
Published in
3 min readJan 10, 2018

Xinhua TV Guangdong Operation Center (Lei Jiangbin) reports: In recent years, with the rising price of bitcoin, the global blockchain technology has been developing rapidly. Currently, the Internet has been integrated into almost all aspects of our life. Under the background of the Internet age, many enterprises and teams are targeting at the development of blockchain technology. As a result, the blockchain industry market has reached explosive growth, bringing visionary investors with huge benefits. As investors, we often wonder: which project has mastered the real blockchain technology among those dazzling internet projects? Here’s a very promising blockchain project — ASCH system.

Asch is a decentralized platform using blockchain technology. It provides services including a public chain and an app SDK. The public chain is called main chain, and you can develop application programs with complete and independent blockchain by using the app SDK. Asch is the first global commercial and high-performance blockchain application platform, and from the view of technology, Asch can totally become a blockchain project beyond Ethereum, even bitcoin.

1. Asch’s technical architecture is to carry the applications using the side chain (cross-chain), to solve the fragmentation problem of blockchain technology.

2. Asch combines DPOS and PBFT. DPOS is a consensus mechanism that is more decentralized and resource-saving. PBFT solves the security risks of DPOS and effectively reduces the risk of bifurcation and makes the system more secure.

3. Asch uses a side-chain extension mechanism that eliminates the need to carry code in the transaction, thus reducing the transaction data load and making the contract easier to edit.

4. Asch uses the sandbox to run the application code, so as to protect the main chain from being destroyed by other codes.

So from the point of blockchain technology to analyze the Asch system, the primary is a consensus mechanism. Asch uses DPOS + PBFT mechanism. Compared to the POW mechanism of bitcoin and Ethereum, the most obvious advantage is saving energy because POW mining mechanism wastes a great deal of energy in order to protect the network security. Other advantages of Asch are the DPOS trustee mechanism, which is naturally environmental protection and highly efficient. Analyzed from any aspect of technology,, query system will be an upgraded version of Ethereum. Asch’s consensus mechanism uses DPOS + PBFT, which greatly reduces the risk of bifurcation compared to simple DPOS mechanism.

Ethereum runs all the applications on one chain, so the risk is high. There may be a link error, resulting in the damage to the entire Ethereum system security. Asch uses cross-chain slicing technology, greatly reducing the various risks as for the system security problems.

A variety of studies show that Asch’s sidechain mechanism is easy to link with other blockchains, such as Bitcoin, Ethereum and so on. In fact, Asch can easily implement various functions of ROOTSTOCK and QTUM chain. The official team is also making full preparations for Asch to become the side chain of BTC. At the same time, Asch is actively developing version 2.0 and will implement various functions in this new version: digital assets, authentication, simple contracts, decentralized storage, anonymous functions and master contracts, which can surly surpass other blockchain projects or teams.

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