Rank #6368
act Achain
$ 0.0001237
0.00%
0.081248 BTC
0.1248 satoshies0.00%
Market Cap
106,116.8294 $
24 Hour Trading Vol
17,39 MLN. $
Circulating Supply
857,44 MLN.
Total Supply
1,00 BN.
Max Supply
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Fully Diluted Valuation
123,758 $
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About Coin
Achain is a public blockchain platform that enables developers of all levels to issue tokens and create smart contracts, decentralized applications, and blockchain systems. Achain is committed to building a global blockchain network for information exchange and value transactions. Unlike Bitcoin or Ethereum, Achain utilizes a modified version of DPoS — RDPoS (Result-delegated Proof of Stake) to establish node consensus. Shortly, DPoS suggests that all coin holders vote for the validator nodes that will produce the next blocks.
On the project website, only info about CEO Tony Cui is listed. Cui has a few significant accomplishments, including winning the Future Star award from the Zhongguancun Alliance and being listed in the 30 under 30 on CYZONE, a famous venture capital magazine. On LinkedIn, 51 people are listed as employees at Achain. Most of the team is based in Beijing. Achain also has a few key industry partners. It has even co-organized a “Blockchain Technology Open Course” with Tsinghua University, which is widely recognized as one of the world’s top universities.
The roadmap for Achain development is fairly detailed. However, most goals listed are development-oriented rather than marketing or design. Still, it’s important to note that focusing on making the protocol interoperable and building a technology that is more accessible to mainstream adoption could also be considered a marketing-oriented part of this project. There are three major phases with projected completion dates listed. These include Singularity (completed Q1), Galaxy (ongoing), and Cosmos (complete at the end of Q4). One thing to note is that dates for these phases are not consistent between the homepage and the whitepaper. This could be simply due to a scenario in which phase names remain the same while new goals and timeline dates within those phases continue to change. In January 2019, the project will update the website to reflect roadmap goals for the new year.
Looking at the current landscape of blockchain projects, Achain certainly offers the possibility of much-needed technical innovations. The ability to easily create an Achain fork, as well as, the protocol’s unique RDPoS consensus algorithm make this a promising project. It will be interesting to see how Achain builds upon its accomplishments, and how the project team continues to develop a long-term strategy for improving the protocol’s technical capabilities and increasing participation in its ecosystem.
Where is Achain available for purchase?
You can exchange ACT tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Achain is CoinTR, notably the ACT/USDT pair, which saw a trading volume of $ 16,77 MLN. in the past day. Additionally, Indodax and HitBTC are popular alternatives for trading tokens.
What is the highest value Achain (ACT) has ever reached?
Achain (ACT) reached its peak price at 1.48 $ on 09 January 2018, approximately 7 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for Achain (ACT)?
The minimum price reached for Achain (ACT) was 0.0000639 $, documented on 09 November 2024, more than 2 months ago. In comparison, the current price is 93.67%, it above this historical low.
What is the fully diluted valuation of Achain (ACT)?
The fully diluted valuation (FDV) of Achain (ACT) stands at $ 123,758. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of ACT tokens. The realization of this FDV might take several years depending on the emission schedule of ACT tokens.
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