BlockShow Asia 2017: Achain Offers A Unifying Platform

BlockShow Asia – Forking theory comes to life through Achain’s announcement.

As Blockshow Asia continues in Singapore, the Cointelegraph-powered event is bringing new technology into focus. With the many new forks and the risk for greater confusion regarding forking theory, keynote speaker Yuan Li from Achain presented a detailed explanation of where forking may evolve in the future, comparing Blockchain to Darwinian theory.

Achain, the public Blockchain platform that allows users of any skill level to issue tokens, smart contracts, create applications and Blockchain systems, has conceptualized a unifying Blockchain platform that will bring all together, and make forks more unified, rather than competitive. Achain is committed to building a global Blockchain network for information exchange and value transactions.

Achain’s vision

The Achain vision is to build a forking theory that is collaborative, rather than mutually exclusive. This system would require a  process of requesting, approving and executing through mutual agreement of participants. Such a system would apply the democratic principle that forces all nodes to respond with feedback. According to Li:

“Information such as genius block, seed nodes, service identification and fork height will be taken to online in preparation of the forking. The newly created sub-chain will have its consensus method, data storage and block capacity available for free customization.”

The interconnectedness and sharing of information would be accomplished through Value Exchange Protocol (VEP). Achain’s vision is to move from their first iteration, Singularity, to their new version, Galaxy, by constructing a secure and stable foundation for the Blockchain network through smart contract and sandbox technologies.

Keep track of the news from the conference by following its live feed, as well as our own articles.

Source: Coin Telegraph




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BlockShow Asia 2017 Begins, Opens With Big EOS Announcement

BlockShow Asia opens with a bang – EOS announces new test platform.

BlockShow Asia, the much-anticipated Blockchain conference, has just begun in Singapore. The event, powered by Cointelegraph, is designed to allow participants to meet and partner with some of the best and brightest names in the Blockchain community, while also providing valuable insights into how the disruptive technology is growing and impacting industries.

The show began with an important announcement, as the team of EOS, an Ethereum-based DApp platform, revealed a new testing platform called STAT (Single-Thread Application Testnet). The new platform is a publicly available testing environment maintained by Block.One.

BlockShow AsiaFeatures and future

The testing platform is designed to be the perfect environment for developers to test their DApps, and for producers to evaluate the EOS.IO platform. The STAT system offers some important features.

For example, the platform simulates the EOS Production environment that will be available mid-2018. With the coming release of the new EOS platform, developers will have ample lead time to build and test new DApps.

Additionally, the testnet will also feature technical improvements. Block times will reduce to just one second (from the previous three-second timing), and the expected transaction speed will be between 500 and 1,000 per second.

For interested developers, the EOS team has designed a developer API. Further, they have built a GitHub repository with substantial resources for getting started on the testnet.

In the future, the testing environment will also include a multi-thread application Testnet (MAT), with a genesis block sometime in June of 2018. The announcement represents the next major step forward for the development of Blockchain technology.

Much more will be forthcoming from the Cointelegraph team, who is in Singapore covering the show. Additionally, a live feed is available from the conference for everyone who wants to track what’s going on in real time.

BlockShow Asia

Source: Coin Telegraph




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