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Topic: Achain’s Fork Theory —— what do you think? - page 8. (Read 6950 times)

member
Activity: 252
Merit: 10
The Experience Layer of the Decentralized Internet
Actually, I can see Achain's posting here. Although I have a part of ACT, I do not agree with this split view. Therefore, I do not recommend that Achain initiate such a bifurcation.
member
Activity: 68
Merit: 10
If there’s no limit to the forking of Achain, will ACT be eventually diluted, followed by risks of currency inflation?
newbie
Activity: 28
Merit: 0
WOW, so all sub-chains can get their users from Achain?
newbie
Activity: 27
Merit: 0
From what I know thus far, Achain only supports DPOS, which permits the delegates to make decisions or function as executive?
newbie
Activity: 56
Merit: 0
I have a question……How much practical value does the theory have?
newbie
Activity: 24
Merit: 0
I don't think Achain  has the value of being forked
newbie
Activity: 28
Merit: 0
 Very cool idea - just a quick question: how free / independent are those sub-chains after splitting?
member
Activity: 70
Merit: 10
just like bitcoin cash, gold, diamond, sliver, segwit2, should I expect Achain cash, Achain gold, Achain diamond?
Make me rich please, Tony!
member
Activity: 70
Merit: 10
I hold some ACT, and enjoy the earning on it.
I hope this post and blockshow asia will boost the price to the moon!!!
newbie
Activity: 4
Merit: 0
Hi all,

I’m Tony Cui from the Achain and I plan to present my recent theory on blockchain’s chain-split at our upcoming Blockshow on November 29. For now, I would like to share with you folks where my framework comes from and how the theory works- in just a couple of bullet points:

1.   Our current elitist blockchain technology faces the challenge of opening up to the larger general communities. Creating new systems for various application purposes usually demands too much from new developers having just entered the game. How could they quickly develop secure blockchain applications? And where could they even start to find their first customers?

2.   Keeping those questions in mind, we now look to the variety of newly derived forked cryptocurrencies in the market. Bitcoin Gold, for example. It is, of course, made for the goal of better profiting, but that’s not enough. The blockchain industry can use the idea of forking to meeting a better end – the end of innovation that can lower the standard of the technology to include participation of all.

3.   This is how Achain’s Fork Theory functions: Achain splits into a main chain and several sub-chains. All information can be shared among all chains, and value can exchange freely in avoidingdisruptions of communications.

4.   The main chain is committed to the basic blockchain infrastructure, while its sub-chains can be customized to the various needs of their applications.

5.   Since the sub-chains are split from the main, they inherit the main’s basic stable structure, which also contains all of the main chain’s existing users. This serves as the initial reservoir of users and solves the new developers’ concern of their insufficient customer markets.

6.   We will update our smart contracts, announce the plan, and obtain the community’s general consensus. Different types of forking (whether soft fork or hard fork) will be implemented according to the need of specific applications.

7.   We will provide a standardized Value Exchange Protocol and a detailed instruction to forking. Stay tuned!

Any thoughts/questions/advice? Looking forward to hearing them out!

Thanks for your attention.

Tony
Founder of Achain
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