Chinese Inventions: Gunpowder, Paper And AChain

Publicado en by Cointele | Publicado en

AChain seems to be working quietly to reach the goals declared at its launch, and it has a working product that is being used in the real world.

Animal testingWith the first stage already completed, AChain is getting ready to roll-out their blockchain-as-a-service platform, the second milestone being reached this year.

During the first stage - given the codename Singularity - AChain used animal testing.

No, AChain wasn't tested on animals, but rather by animals: of a crypto kind.

Unlike Ethereum, which was nearly brought to its knees by the feline craze, AChain handled the canine load well.

AChain projected throughput is up to 1000 transactions per second - compared to Ethereum's 12 tps.

This is where BaaS technology could become indispensable, AChain founder argues - it means that any future Dapp developer will be able to have their own blockchain, interoperable with another blockchains if necessary.

Growth potentialSecretive, and mostly targeted to the Chinese user base until recently, it was called undervalued and underappreciated by those who cared to review it, and arguably so: AChain has a market cap one order of magnitude less than NEO, its rival.

Now, AChain is poised to catch up with its competitors on the only field it lagged behind - publicity.

Will AChain change the blockchain world as gunpowder once changed warfare, or as paper changed the distribution of knowledge? Only time will tell.

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