Achain is public blockchain platform that allows developers to issue tokens, create smart contracts, build decentralized applications as well as blockchain systems. It is a boundless global network for value transactions and data exchange.
The platform's development is divided into three phases: Singularity, Galaxy and Cosmos networks. Singularity network is a singular blockchain comprising of high-performance developer tools that can be used for the deployment of decentralized applicationsShow more [+] d their functionalities.
The Galaxy network is a parallel multi-blockchain network that focusses on the users' specific needs. It is inspired by the Monkey god "Wukong" due to its cloning ability and thus its sometimes called the "Wukong Network".
Lastly, there is the Cosmos Network, that is still under development. Once this network is fully developed, intra and inter network exchange of data will be possible. It will also enable interoperability within the Achain platform. Cross-chain functions have been developed into the platform's wallet called Achain Lite Wallet.
The currency or fuel used in Achain's platform is the ACT coin. The coin is never premined, and has a good liquidity. It is supported by the Kcahs wallet and can be bought and traded on various exchanges including OKEx, Allcoin, Indodax, Bitbns, Huobi and Koinex. Achain also partners with Pundi, Tongstar and BlockSHOW among other companies.
It is managed by a team of community members from different countries, led by the founder and CEO Tony Cui. Cui is a veteran in the blockchain and computer industry.