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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Asch by Gabriel Medina

Revainrating 5 out of 5

Mining cryptocurrency emerged in China with platform for decentralized application developers

Asch (XAS) is a mineable cryptocurrency that emerged in China with its own platform that seeks to offer users the easy programming of their own decentralized applications. The software is based on a public blockchain to store the data instead of on a central server, this type of infrastructure is gaining wide adoption due to its inherently scalable and secure architecture.
Asch's Coin (XAS) is used to transact on its platform. It uses a DPoS and PBFT consensus mechanism to mine coins and confirm transactions. This mechanism improves platform security and improves fault tolerance. Transaction processing is efficient and fast.
The platform has web and USB wallets.
  • Web wallet: Users will be able to manage their assets, issue assets, delegate voting, and cross-chain management.
  • USB wallet: It has versions of Windows, MacOS and Ubuntu.
  • The wallet supports multiple accounts and assets in a single wallet, users will be able to manage their accounts, transfer assets, back up their codes for recovery in case of a security breach.
    Asch Coin (XAS) is available on exchanges:
  • CoinEgg.
  • KuCoin.
  • Bit-Z.
  • BCEX.
  • KEX.
  • Bi.top.
  • CoinCoin.
  • The Asch platform is very useful for programmers interested in developing decentralized applications. However, you have to be careful because the creators of this platform are completely anonymous.

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    Pros
    • Strong presence in the Asian and Chinese markets.
    • Well positioned and can undertake expansion to conquer the world.
    • The currency has key features in security, anonymity and flexibility.
    • Simplicity of your website.
    • Transfers made in seconds with great speed.
    • It is available on a large number of exchanges.
    • The platform is developed so that users can program their decentralized applications.
    • The digital currency can be mined.
    Cons
    • It is not backed by assets, earnings, and raw materials.
    • Its platform is not popular at all and few have used it.