Topic: [ANN][XAS] Asch | Decentralized Application Platform Based on Multi-chain - page 6. (Read 39363 times)

Thank you for your information, I do not know much about the Chinese government since it is always very mystery, but I know the government is very powerful and if they support this project, it will sure to be a very successful project and it is a good time to buy some cheap coin now.

  What is there to copy and paste??  For the last 3-6 months, the best news Lisk hodlers looked forward to was a rebrand and an SDK release.  When it comes to actual development, Lisk is so far behind Asch.

I think the reward model can be described as follows:
The execution of each transaction requires the consumption of basic fees, which are paid by the sponsor and distributed equally to all accounts. In addition to the basic fee, postArticle and postComment, the sponsor also needs to choose to spend extra tokens to represent the amount of votes and quotas, which are mostly rewarded to the publisher of the articles or the commenter publishers, but a small number (10%) will enter into the expense pool to be assigned to the accountant.
I hope this my view on this model or mechanism.

As mentioned in the weekly report:
"CCTime
The version 2.0.1 of CCTime was in development.
The front-page was reconfigured, the channel was created, and the topic was gradually published.
The reward mode and betting return model of the back-end was in development.
CCTime was expected to be tested at the end of the month."

I just want to know what is the reward mode and betting return model of the back-end, any details about that? I have read the whitepaper, but I do not understand what it is, can anyone give me some explanation?

Nice weekly report, I think the OP should make this posts first, or maybe you just copied from somewhere else and I want to know where is the original source? I can not find much information form the dev team, including the founders' facebook, twitter or other social medium.

Thank you for your information about these cooperations, China is a great county with a lot of crypto investors, if this project is supported by the government, it will be sure to have a big potential, just like the NEO, so I will choose to hold my xas for a long time.

I do not think there is a copy from lisk, both lisk and asch are forked from crypto, and there have different roadmap for now, asch has a faster and more efficient development than Lisk, including SDK and DAPPs. I think you should do some research first then make your conclusion.

this coin copy past from lisk

But even if it is that way it would be good to have someone from Asch inform us about what is going on to reinforce confidence.

That is the truth. You can pay more attention to the github to check if there is much updates from the dev team. As far as I know, ASCH is an "old" company now with a steady working stuff and I am sure they will try their best to make ASCH to be successful.

There is an important Chinese Spring Festival during Q1 and it is not so easy to have much development on Dapps since the Chinese government's attitude is unknown and the dev teams are keeping silent. Do not lose faith, the Spring is coming.

March has come to an end soon, that means 2018 has passed one quarter, but i did not heard the team has do something real to push the project forward, only several dapp which just looks like scam, and listing on the big exchange seems no evidence at all

Thank you for your information about this project, that is right, the Chinese government is still have a strict policy on crypto currency, especially the ICO projects. But ASCH is a mature and solid project the had already get supported by the government.

$1 million + really hurts a project that should focus on spending the resources on development for its most part. The world becomes a better place by having stronger development, but not by having stronger central point of failures aka exchanges.

Honestly, I didn't know that. This makes XAS more strongly competitor to Lisk. It was surprising that marketcap is 70 millions only.

Asch Weekly(March 12, 2018- March 16, 2018)
https://medium.com/@AschPlatform/asch-weekly-march-12-2018-march-16-2018-c2f397087676

1 Operation status of block chain
At present, the number of Asch holders is 102, 577

1 Asch development
Asch official website

Asch logo and the official download page was added on the website. The E-mail of business operation was changed. And the website will be started developing next week.

CCTime

The version 2.0.1 of CCTime was in development.
The front-page was reconfigured, the channel was created, and the topic was gradually published.
The reward mode and betting return model of the back-end was in development.
CCTime was expected to be tested at the end of the month.

Phone wallet

The official documents and bug of Android V2.0 was repaired, which improving users’ experience.
The SDK project about IOS version was in development, and the enterprises’ developers account of the Apple was under application.
The framework and module design of Asch IOS SDK was finished.
The Encryption Module of Asch IOS SDK was finished.
The work of Asch IOS SDK internet module has been half done.

KMC

H5 page of KMC was finished, and UI page design also was finished.
The development of front-page and back-end interface was in progress.
KMC will be started developing next week.

Others

The first version of foreign D-app development was finished.
The first video about D-App development was completed.

Business
Asch become a member of the Trusted Blockchain Alliance (directed and supported by the Ministry of Industry and Information Technology)
ASCH and XCT will be listed on the Australian Exchange on March 20, 2018 (required to use a proxy service)
ASCH will be listed on the CEO exchange on March 16, 2018
ASCH will be listed on the BBAEX exchange on March 17, 2018
He was invited to attend the Tokensky conference in South Korea and reached strategic cooperation with a number of well-known institutions (BTC123, Hash Headlines, Jinniu Finance, a well-known Japanese payment company, etc.).
Asch’s irregular offline sharing session (co-hosting or attending)

As far as I know, the Chinese central bank is not friendly to crypto currencies, and I think the government also has very strict policy for this market. So I think this cooperation will not so smooth, right?

That is true, ASCH is one of the memers of Guiyang sandbox plan and also a member of Zhejiang Blockchain Association. You can find more information by searching the Internet. Recently, the Chinese government is busy with its "Two Conferences" that there is no more updates from this cooperation.

I have read somewhere that ASCH has a deep cooperation with Guiyang government and Zhejiang government, how is going with these cooperation, any positive improvement?

That is really a easy way to get airdrop coins, thank you for your information, I have locked up my balance on ASCH website wallet, any latest news from the dev team about the Dapps?