[ANN][XAS] ASCH | Decentralized Application Platform Based on Side-chain

[AschPlatform]

ASCH TEAM OFFICIAL ANNOUNCEMENTS

INTRODUCTIONS

What is ASCH?
ASCH is a new generation of development platform for blockchain applications based on multi-chain architecture. It is a forward-looking, low-cost one-stop DApp solution and incubator. Adhering to the values of supporting enterprises, leading innovation, believing in technology, and embracing the future, ASCH is committed to building a global ecosystem of commercial blockchain applications, not only by using blockchain technology to empower industries, but also to become the underlying basis for carrying world-class economies.

What can ASCH do?
The services provided by ASCH platform include a public chain and a set of application SDKs. This public chain is called the main chain, and the ASCH SDK can be used to develop independent and tamper-proof blockchain applications. These applications are also called sidechain applications. The application SDK has built-in cross-chain protocols, through which the asset can interoperate with the main chain, that is, the main chain undertakes the function of asset routing. Through asset routing, various assets can be transferred between applications. ASCH's ecosystem consists of multiple chains, each of which can carry multiple tokens or assets, and each token or asset can be transferred to multiple chains.

What scenarios can ASCH apply to?
ASCH applies to, but is not limited to, the scenarios listed below

Content publishing platform
Keywords: token incentive, value transmission, collective intelligence
In the Internet field, the giant companies analyze the user's reading habits and push content to the user accordingly, thereby winning the users over. However, the algorithm creates a narrow closed space, depriving the user's right of choice and cognition. Now, by applying the decentralization of blockchain, the most interesting news are picked by the users . In order to effectively identify and realize high-quality content, token incentive mechanism is implemented to motivate participants. As the result, value returns to the value creators and transmitters, and all participants share the value together.

Prediction market
Keywords: token incentives, value transmission, crowdsourcing
The prediction markets are exchange-traded markets that designed to aggregate information and beliefs on particular topics of interest. It indicates what the crowd thinks over an unknown future outcome of an event. With the distributed, open, transparent and tamper-proof features of the blockchain, the problem of insufficient credibility of the traditional prediction platform can be solved. By using the token incentive mechanism to attract more participants, and with the help of the wisdom of the crowd, blockchain will make the prediction market reliable, autonomous, and scalable .

Exchange
Keywords: security, decentralization, low fee, anonymous, scalability
A blockchain-based exchange is an important part of the ASCH ecosystem. ASCH is a new generation of blockchain application development platform based on multi-chain architecture. Many excellent projects will be hatched, and there are bound to be many tokens. Then, a trading platform based on ASCH multi-chain technology will be a basic requirement for users. Exchanges based on the ASCH platform have features of decentralization, de-intermediation, security, low fee, and anonymity. Later with use of sidechain technology, it will open up international high-quality projects such as Bitcoin and Ethereum, which can achieve digital asset circulation while eliminating application isolation between digital assets.

Social media
Key words: value network, data privacy
Social media companies built on the Internet forcibly plunder data produced by users and consume users unilaterally through user agreements that users have to abide by. Users do not fully enjoy the benefits of creating, building and maintaining their own communities. Therefore, social media based on blockchain distributed technology is a trend of future development, using the decentralized characteristics of the blockchain to eliminate predators and achieve data freedom and value freedom. Then use the built-in token mechanism to establish a complete and positive feedback value-incentive economic system to promote the development of the entire ecosystem.

IP copyright protection
Key words: traceability, value incentive
The popularity of the IP economy has made many people aware of the importance of IP, and the production of an IP is mostly derived from literary works, which highlights the importance of copyright. The biggest pain point of copyright protection is to obtain evidence in the circulation, and the uncontrollable circulation can not protect the copyright in all aspects. The blockchain's non-tamperable, traceable nature can provide copyright protection throughout the ecological cycle and greatly reduce piracy. At the same time, the confirmation of the right in the process of creation of the work can also be permanently stored as evidence in the blockchain, leaving evidence for future dispute resolution.

Social welfare
Keywords: openness, transparency, security, decentralization
The essence of social welfare is a process of redistribution of social wealth. The goal, amount and execution of wealth redistribution are determined by non-profit organizations. Now the demand for public welfare donations and the loss of public trust of public welfare organizations are the biggest contradictions in the public welfare field. The decentralized, open and transparent, non-tamperable features of the blockchain itself put all the operations of accepting donations and donating donations into the public's field of vision, breaking the gap between donors and implementers.

What features ASCH has？

Public Chain

ASCH's public chain is responsible for infrastructure, data sharing between applications and asset routing, and the SDK is responsible for building specific applications.
Application management
The application needs to register the meta-information to the main chain before the release. The information includes the name, description, initial delegate, and related configuration information required for asset routing. Users can browse, retrieve, trace, download and access the Dapp through this module.
Asset routing
The assets registered on the main chain can be interoperable with each application (across the chain). Although the applications are isolated, the value flow can be achieved through the asset routing function of the main chain.
Asset management
Any account can register and issue several assets, and the issuer can configure the assets in various ways, such as access control lists.
Delegate
The management trustee is also called a delegate. Each token holding account of the ASCH chain can be registered as a delegate. The top delegate has the opportunity to become the system's bookkeeper. The bookkeeper has the right to forge blocks (or called mining, bookkeeping, submiting blocks) and get certain token rewards. The delegate can increase the ranking by obtaining the votes of the holders. Each holder can vote for any delegates.
Account management
The bottom layer of the ASCH chain uses an account model. Each private key corresponds to an account. The account stores basic information such as the user's wallet address, public key, nickname, and other configuration or statistical information. Since each application chain uses the same account model, so an account on the ASCH chain can directly use the functions of each application.

SDK

The ASCH main chain is responsible for data transfer between infrastructure and applications, and can also be used for asset routing. The SDK is used to build specific applications.
ORM
Support object-relationa mapping to organize business data, support index configuration, and perform complex queries through JSON syntax.
JavaScript
Using JavaScript as a native language, developers can use a large number of third-party components to freely combine.
Two-way peg cross-chain protocol
Support two-way peg across-chain protocols.
Immutable ledger
With the built-in ledger creation function, developers and users only need to call the contract, all call operations and status will be automatically written to untamable book.
Lower level interfaces
Compared to Ethereum's Solidity language, ASCH allows developers to use more underlying interfaces to maximize control of the system, such as handlers and filters for lifecycle events.
Customize fee definitions
Developers can set different fees for each transaction or contract, and even set different asset tokens as a fee, not limited to XAS.
Transaction privacy
Optional transaction privacy features.
SmartDB
The cache is automatically synchronized with the persistent store to greatly improve write performance.

What advantages ASCH has?

Cost
Developers can customize fuel tokens to effectively control team operating costs and user usage costs
Safety
Practical Byzantine fault-tolerant algorithm and enhanced authorized interest certification mechanism
Reuse
The main chain serves as the infrastructure for data sharing between different applications
Flexibility
Assets and applications are decoupled. One token can be used on multiple chains, and one chain can hold multiple tokens
Easy-to-use
The features of ORM and SmartDB,the adoption of the ECMAScript 6 standard, and development patterns close to the traditional web application , greatly reduce the threshold of blockchain technology
Performance
1500TPS, the application business can be processed in parallel and slice processing

ASCH ROADMAP

2018Q3
Release iOS wallet V1.0
Release ASCH V1.5
Support ETH gateway and ERC20 asset cross-chain
Improve side-chain supporting facilities, such as blockchain explorer, operating tools
Side-chain SDK supports delegate list update mechanism
Release white paper V2.0 and architecture design

2018Q4
Release ASCH V2.0
Upgrade consensus and on-chain dividend mechanism
Release mobile（iOS，Android）SDK V1 of on-chain community task bounty system
Release ASCH developer service platform V1.0

2019Q1
Release ASCH V2.X performance optimization
Higher TPS and less confirmation time
More database backend supports, such as scylladb
Oracle system

2019Q2
Release ASCH V3.0
Support WASM
Support EVM and DApplet application componentization

Website : newbie deactivated link:https://www.asch.io/ [nonactive]
Quick Start to ASCH : newbie deactivated link:https://www.asch.io/docs [nonactive]
GITHUB : newbie deactivated link:https://github.com/AschPlatform [nonactive]
MEDIUM : newbie deactivated link:https://medium.com/@AschPlatform [nonactive]
REDDIT : newbie deactivated link:https://www.reddit.com/r/Asch_Platform/ [nonactive]
TWITTER : newbie deactivated link:https://twitter.com/Asch_io [nonactive]
FACEBOOK : newbie deactivated link:https://www.facebook.com/AschHQ/ [nonactive]
TELEGRAM : newbie deactivated link:https://t.me/Asch_En [nonactive]
WEIBO : newbie deactivated link:https://weibo.com/p/1006065808356194/ [nonactive]
ZHUANLAN/ZHIHU : newbie deactivated link:https://zhuanlan.zhihu.com/AschPlatform [nonactive]
TOUTIAO : newbie deactivated link:https://www.toutiao.com/c/user/99080811930/#mid=1601343258877959 [nonactive]
CoinMarketCap : newbie deactivated link:https://coinmarketcap.com/currencies/asch/ [nonactive]


ASCH TEAM

[AschPlatform]

Dear ASCH Community,

We are holding a #ASCH Lucky Check-In activity on all ASCH telegram groups, starting from TODAY!

The rules are super simple:

1. Put your XAS address(or nickname) on your Telegram Bio, like this:
ASCH (XAS) Address: xxxxxx



2. Check in at any of the ASCH telegram groups with this hashtag: #ASCH.

3. Say something relevant to ASCH. It can be discussion about ASCH announcements, helping newcomers, chatting with other members, creating ASCH pictures, gifs, etc.

4. Everyday, ASCH admins will randomly pick 20 lucky people and they will share the 80XAS reward.

5. The reward is not equally divided, it is random. So you have a chance of getting between 1XAS to 10XAS.

6. Do not forget to add your ASCH Wallet to your Telegram Bio! Otherwise you will be passed.

7. The #ASCH check-in activity will be held from 27th Aug. to 15th Sept.

Got any questions? Find admins in the groups!

TELEGRAM : newbie deactivated link:https://t.me/Asch_En [nonactive]