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- ASCH (XAS)
- -$100M cap, $5-8M daily volume
- -93M/112M tokens circulating
- -Exchange: Bit-Z, OEx, Kucoin
- -Summary: high-speed DApp platform referred to as "chinese lisk", supports Javascript/Node.js for dapp development
- From the whitepaper:
- "By providing a whole set of industry standard solutions including customized sidechain, smart contracts, application hosting, and etc., Asch intends to offer an easy-to-use, fully functional and plug & play ecosystem, by which developers can rapidly iterate their JavaScript applications, and easily deploy them into application store built in the system. These application can be smoothly downloaded and executed by every node and user located in everywhere of this ecosystem. The whole process will be secured by the Asch sidechain consensus network."
- -Bult-in relational DB for storing transaction data
- -Stable mainnet w/ dapps for 2 YEARS NOW!
- -Mobile/desktop wallets
- -Consensus: DPOS
- Whitepaper on XAS token usage:
- "Developers may not need to write even a line of code but adjust some initial parameters in genesis.json, to publish a token system. Like tokens based
- on Ethereum, the token in Asch system can represent gold, stock, mortgage, or any other type of asset. These tokens can be traded with XAS transferred in sidechain in a decentralized way, and with any other currencies in a centralized exchange."
- -Target market: small and medium sized enterprises (SME) i.e. startups
- -Scalability: each dapp given separate sidechain, 1500 tps throughput
- -Solid team: founder worked for Kodak, YunYun and Weibo.
- -Investors: Charles Xue
- -Partnerships: GXShares, a chinese data network blockchain
- -Github: 400+ stars, 146 forks, 22 releases since Sep 2016. Very active recent dev.
- -Dev roadmap: ambitious cross-chain platform. btc interoperability nearing completion, eth to follow.
- -Marketing: weekly business/dev updates on medium, upcoming Asch Cross-Chain Tech Conference on May 27
- -Growth: cross-chain roadmap in line with DCRG's (central bank digital currency research group) goal of blockchain interoperability
- Analysis
- -Sentiment: zero presence on crypto twitter and anywhere outside China
- -Valuation: given DPOS consensus, high-speed blockchain, and upcoming cross-chains, it's closer in features to EOS than Lisk. Market cap comparison: Eth ($71B), EOS ($11B), Lisk ($1.2B), Ink ($88M).
- -Price: outperforming BTC by 20% past 7 days and 118% over past 30 days. Outperformed BTC in 2017 bull run by 240%.
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