What is Asch? Asch is a Blockchain platform built on dApp creation, aimed at making the life of developers easier. cryptocoin.com In this article, we tried to answer frequently asked questions from investors such as what Asch is, what it offers, what is XAS, what it does and how to get it. Let’s examine this Ethereum-like Blockchain project together.
What is Asch?
Asch is a layer-1 Blockchain network similar to the Ethereum network. This network allows users to use technologies such as smart contracts. Developers can create decentralized applications (dApps) with smart contracts. However, Asch aims to make the life of developers much easier, unlike Ethereum. For this, the platform adopts the JavaScript programming language and uses DBMS technology to store transaction data.
What does Asch offer?
Asch helps developers build dApps based on JavaScript and sidechain technology. It provides a set of software development kits (SDKs) and APIs for this. This dApp platform also provides a number of industry standard solutions such as customized sidechain, smart contracts, application hosting. It allows developers to quickly iterate their JavaScript applications and easily deploy them in the marketplace. In short, it aims to provide an easy-to-use and fully functional Blockchain ecosystem.
Decentralized applications built on Asch can be downloaded seamlessly by any node and user. Users who download dApps can also easily run them. However, the whole process is secured by the Asch sidechain consensus network. This DPoS consensus mechanism ensures network security and stability through XAS. XAS is the native cryptocurrency of the Asch network.
What is XAS? What does it do?
Basically Asch is also a decentralized application running on its own network. This application is completely open source and decentralized. The platform has its own cryptocurrency known as XAS. XAS creates a bridge and environment for asset migration between all dApps built in Asch. For this, it interfaces with the sidechain or a dApp via a “two-way pinning” mechanism.
Asch provides its own security with the Delegated Proof of Stake (DPoS) mechanism. But it also allows users to take advantage of the Bitcoin network. Asch’s DPoS mechanism makes it possible for the network to be managed by XAS owners. It also allows interested traders to become validators through XAS staking. Accordingly, XAS holders can earn passive income by locking their altcoins with a certain maturity. They have the advantage of earning additional XAS rewards by the platform at maturity via staking.
What is Asch? How to get XAS?
Asch is currently only traded on one cryptocurrency exchange. This cryptocurrency exchange where XAS coin is listed is Jubi. Interested investors should follow the steps to become a member of the Jubi exchange to purchase the altcoin and then deposit funds into their wallets. After they do this, they can purchase a varying amount of XAS depending on the balance in their wallet.
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