What Is Asch Cryptocurrency?

Decentralized applications are the next big thing in the world of blockchain tech and cryptocurrency. Asch aims to become a “next-generation decentralized application platform”. With a focus on efficiency, flexibility, security, and DApps, the barrier to entry for developers should be lowered in the near future.

The Purpose of Asch

Even though there are so many different DApp platforms out there as of right now, it has become evident that there is plenty of room for competition. More specifically, there is always room for companies which use a well-known programming language such as JavaScript. This is what sets Asch apart from most other DApp platforms on the market. There are some interesting technical features under the hood to take note of as well.

Asch’s Features

Rather than take the more traditional approach, Asch now stores data in relational databases. This makes the development of DApps quite similar to how people build regular web applications. It is very different from what people would associate with blockchain technology, but there is no wrong approach in this regard. The project mainly appeals to small and medium size enterprises, as well as developers that are passionate about decentralized applications.

To power all of this, Asch uses a public blockchain and a set of application SDKs. The public chain seems to have been built from the ground up and serves as an immutable ledger, just like other blockchains. The applications built on top of this ledger will be referred to as sidechain applications. The main benefit of this approach is that Asch supports cross-chain protocols, which opens the door for a lot more DApp development in the near future.

By embracing this sidechain model, Asch can effectively address scaling issues which may arise in the future. As we have seen in the past, public blockchains often struggle in the scaling department, and sidechains may be able to alleviate most of these concerns. Additionally, they allow for more personalization and flexibility as far as DApps are concerned. It’s an interesting solution, although competing with everything else out there will not be that easy.

The Asch Token Explained

As is only normal in this industry, Asch has its own native token. These tokens can be used for all transactions on the network, as well as for voting on proposals and using decentralized applications. The voting process also facilitates the election of delegates and witnesses who are responsible for operating the entire network correctly.

The Road Ahead

Not too much has been updated on the Asch roadmap since late 2017. For now, it is unclear what the future holds for this particular project, even though it is evident there is still a lot of work to be done. It will be interesting to see what the developers come up with in the near future, as a project like this one will only succeed through clear and frequent communication with the community.