Core Development

Achain announced the official launch of the Achain Galaxy phase this month, during which the technical architecture for the upgraded multi-chain micro-service ecosystem will be built. Each planet in a galaxy is a complete, independent main-chain which can communicate with each other independently or in collaboration.

We are undergoing a new upgrade to meet the industry demands of Achain Galaxy. The new main chain is called Achain 2.0. The main features of Achain 2.0 are as follows:

The contract performance is stronger with a more open platform allowing users to develop and deploy contracts according to their business needs .

. TPS is higher with faster block speeds providing an overall increase of 60% transactions packaged.

Flexible account access control is available to provide distributed applications with a more complete account management system.

Community reporting and management tools will create an open and transparent community environment.

A flexible multi-threshold configuration was created to meet the needs of the network allowing the community to adjust resource allocation.

Determined the time node of Achain 2.0:

Time node internal testing starts in May 2019.

The target date for the official main-chain launch will be in July 2019.

1、Achain 2.0 development progress

The target for Achain 2.0 to open beta testing is the end of May, the development is in progress according to the plan.

Added set_config.hpp/cpp file to dynamically configure/adjust both the chain parameter data and parameter thresholds.

Added get config companion interface and command line then configured the result to be displayed in JSON format: get chainconfig/get_chain_config.

Adjusted block numbering, average block time, and configuration parameters to increase settings options for the community.

Set the new contract module that calls the chain function is_chain_config_open to confirm the configuration item is valid.

Tested compatibility with Python automation tools for different scenarios on different platforms.

Added the get_config_open_block function to support the block number for which the dynamic configuration takes effect.

Modified the ABI file to support the display of new fields in JSON format.

Test Tools: Automated Transfer Scripts and Optimization.

Support creating new accounts for free access to RAM resources.

Solved the startup abnormality of the data of the public chain.

Forced field tracking for cleos components.

Explored plug-in model solutions.

2、Achain 2.0 browser and peripheral development progress

Tested network plugin memory leaks.

Continued overall security audit and prepared docking work security audit functionality.

Researched the new main network smart contract compiler and compilation tools.

Deployed and tested the new main network and smart contract compatibility.

Tested and debugged different versions of the new main network smart contract compiler under different platforms.

Tested and debugged the compatibility of the new main network system smart contract interface.

Continued development of the Achain 2.0 browser (70% completed).

Debugged interfaces of the new main network system contract.

Drafted use cases for contract usage scenarios.

Fixed important net plugin security bug.

3、ALabs and surrounding progress

Investigated a standard industry solution for the “Application Blockchain Consensus Interface” data interface layer.

ALabs designed a layer using the “Application Blockchain Consensus Interface” industry standard solution as a reference. ALabs will use this standardized data interface layer to incubate projects.

ALabs started design development after selecting a three-layer chain expansion scheme which is based on signaling, routing, and Layer 2 networks.

Researched topology mesh for middleware message communication.

Researched gossip protocols to improve the upper transport layer of the ALabs blockchain offering via gossip.

Researched new features available in Achain 2.0.

Topology mesh middleware communication system development is in progress (30% completed).

4. Development of the “Bounty Hunter” Community Reward System

The first iteration of product design is completed.

The first development version is in progress (20% completed).

Community

Achain announced the official launch of the Achain Galaxy phase.

Achain held the 5th AMA via Telegram group (https://t.me/AchainOfficial) on 25th April 2019 at UTC+8 18:00. The official launch of the long-awaited Galaxy plan was announced and detailed answers were given to address the questions of our overseas users. Achain Founder Tony Cui introduced the Achain troika strategy to overseas users. The troika strategy capitalizes on the synergy created by the close relationship of Achain Galaxy, ALabs and ACapital to strengthen the Achain ecology.

ALabs assisted with the maintenance of Etomato Group’s main blockchain network in Korea. Etomato Group’s main blockchain network was developed by ALabs.

Achain visited an aerospace group to exchange blockchain technology and explore application scenarios. Both parties have agreed to collaborate on selected scenarios from existing research projects, and to work together to optimize those projects with blockchain technology.

The Achain technical team visited Microsoft Research Asia to explore blockchain solutions for artificial intelligence applications. The Microsoft staff expressed appreciation for the breakthrough technology and innovation of Achain’s underlying blockchain protocol.

A series of blockchain development courses have been organized by Shanghai Jiaotong University Blockchain Technology Association, Tsinghua University Student Blockchain Association, and DACA Blockchain Association. The 8th phase of the “Blockchain Technology Development Open Course,” which was co-organized by this consortium of Chinese Universities and Blockchain industry groups opened on the 20th of April. Students have responded to this series of courses with interest and enthusiasm. As a strategic partner of DACA, Achain has committed to instructing select courses.

Achain’s strategic cooperation with South Korea Blockchain Bank Co., Ltd will allow the two sides to conduct multilateral cooperation on the basis of mutual trust, including resource sharing and communications related to industry trends. Korea Blockchain Bank Co., Ltd. was established in 2017 and has extensive experience and resources in traditional industries.

Achain and the digital wallet platform “crypto.com” are actively negotiating. The main focus of cooperation is the digital wallet field and the visa card functionality released by the platform.

On April 4th & 5th Achain participated in Korea’s Deconomy Blockchain Summit, which highlighted cryptography, p2p network, economics, philosophy & business. The Achain team networked with colleagues, industry experts and thought leaders from around the globe.

Achain team and Grabity team discussed the impact of blockchain technology. Grabity received notoriety last year on the World’s first “Blockchain Survival Competition”, South Korea’s “Asia Economy” television broadcast, where they were presented the 1st place “blockchain hegemony” award.

Achain team was featured on Korea’s Asia Economy televised and print media, “Blockchain Today”, where they addressed the expansion of Korea’s blockchain market.

The Achain US team participated in the 2nd Annual DigitalAsset Conference “Institutions and Digital Assets: A Multifaceted Approach” highlighting future applications of the blockchain industry.

An initial cooperation was reached with Achain and Unblocked Blockchain, South Korea’s premiere blockchain market communication company.

The Achain team and the “Alipay” Circle blockchain group discussed blockchain application industry trends.

Achain team participated in blockchain weekend meetup to discuss the adoption of Achain and its ecosystem. The team also discussed solutions to current blockchain industry issues.

The Achain team participated in the Befullc Coin Community Briefing Conference in Seoul, South Korea to network with local projects and gain a better understanding of the Korean market.

The Achain team participated in the Blockchain Crypto Trade Fest meetup on April 13th and had numerous discussions with delegates and other blockchain enthusiasts and influencers.

During the blockchain workshop at JGU on 15th April 2019, the Achain overseas team presented Achain’s Ecosystem, forking, interconnectivity, and ALabs. After the presentation, a one on one discussion was held with the participants.

Achain team participated in Blockchain Talk Conference on the 18th of April 2019 in China where they held one to one discussions with delegates and startups for their current ecosystem.

Achain community is hosting a cross-platform activity named “Who is the Prophet” that welcomes all communities.

The 15th phase of the Achain Loyalty Program is complete. The 16th phase of the Achain Loyalty Program is in progress.

Achain Overseas Community released the technical article, “The basic data structure of MPT”.

Foundation Expenditure