Achain is a long-established public chain in the blockchain industry. Its main chain has been in online since September 4th 2017. In its first phase of development, called Singularity, Achain sought to launch a single chain and to deploy a contract network. Both of these goals were quickly accomplished.

At the beginning of 2019, Achain team adjusted the Roadmap based on the project development and industry trends, and extended the second stage of “Galaxy,” which refers to the multichain ecosystem. Achain Galaxy is a technical architecture for a multi-chain micro-service ecosystem. Following the astronomical metaphor, each “planet” in the Achain galaxy is a complete and independent main chain that can communicate with other main chains while working independently or in collaboration.

At present, Achain is completing a main network upgrade. Achain2.0 has many new features that collectively represent a qualitative leap ahead from Achain1.0.

The upgraded smart contract is more powerful and the average speed of block synchronization is greatly improved, which greatly reduces data processing time. At present, the storage of the underlying data structure of most contracts in the industry has a lot of redundancy. Each time the contract is called, the chain must execute all the contract data to the virtual machine. Achain2.0 reduces storage space requirements while offering higher standards of performance.

Achain2.0 is built on WASM (full name: WebAssembly). WASM is an intermediate code (binary code) supported by the three major industry developers, Google, Apple, and Microsoft. It is also supported by all major browsers. All programs written in other languages (c, c++, go, java, etc.) can be compiled into WASM binary code. For developers, there is therefore little barrier to entry to the application layer ecology. .

The upgraded platform is also more open, allowing users to develop and deploy contracts according to their business requirements. Open and transparent chain-based community management features and multi-chain interworking protocols round out the rich attributes of the platform.

TPS is higher: a single chain can reach 3000+TPS; and multiple links are close to infinity. Prior to the upgrade Achain’s out time was 10S, and peak transactions speeds were 1000TPS. Achain far outstrips Bitcoin (7TPS) and Ethereum (approx. 20TPS), making it possible to apply large-scale applications on the public chain.

After the upgrade, Achain has a faster block generation speed, and more transactions are packaged per unit time, with an overall increase of 60%, ensuring faster confirmation and termination of the transaction. The tremendous increase in TPS allows Achain to support more inter-chain communication while handling basic transactions.

Achain2.0 will improve the account system and account permissions that will become more flexible. The account system is an indispensable part operations on the public chain. Through the account system, the state of value and information transfer between accounts can be realized.

The upgraded Achain platform will provide users with a convenient, secure account system across the main chain and Dapps. Users will, for instance, be able to define account names rather than having to record long and hard-to-remember account address strings.

Adhering to the idea of decentralization of the blockchain, the upgraded Achain will provide more transparent and open community management.

The community is currently developing the “Bounty Hunter” community reward system, which is expected to be available within a month, mainly to reward those who contribute to the community, a larger part of which will be used to reward technology development. Achain’s community-based process has been fruitful, and the team will handsomely reward community support.

The goal of the next phase of Achain is to achieve cross-chain. The future blockchain 3.0 era must be a multi-chain and multi-economy architecture. Each chain has its own characteristics, such as focusing on security privacy, some focusing on transaction speed and some focusing on different application scenarios.

Cross-chain technology also has many applications in other directions, such as enabling smart contracts to be executed across multiple chains, distributing dividends on chain B according to the equity of chain A; and for example, when an event occurs on the chain, triggering another event on a chain to execute the specified terms, this is one of the applications of the cross-chain oracle.

From a long-term perspective, the blockchain revolution will create enormous commercial value. Achain is rapidly positioning itself to be the at the forefront of breakthrough trends in decentralized technologies.