Is Achain a good buy? Relatively unknown blockchain platform from China which is undervalued.

Today we are looking into Achain ACT.

Currently sat at number #129 on coinmarket and trading at $0.33.

Total Supply: 1,000,000,000 ACT
Circulating Supply: 300,000,000 ACT
ATH: $1.34 9th January 2018

What is Achain?

In short, it is a public blockchain platform.

As part of the platform it offers developers the experience to create DApps, smart contracts, issue tokens and various blockchain systems.

In 2017 it went through a 3 stage development plan which included...... a fork network, an interconnected network and finally a smart contract network.

Achain supports Lua for smart contracts and is planning on adding Java and C++.

Achain is currently capable of supporting transactions with speeds of 1,000 TPS.

Here are some really interesting facts about Achain.

At the minute there are 20 DApps which are built on Achain with many more in production.

Some of the most popular DApps include:

KCASH
https://www.kcash.com/
This is an exchange and also wallet which is available on IOS and Android.

Selfsell
https://www.selfsell.com/
Interesting concept with a marketplace where investors can bet on individuals future value.

Linkeye
https://www.linkeye.com/#/
This is a credit scoring system based upon the blockchain.

Creating Forks:

Achain has created a forking technology that gives developers the ability to fork off their main chain.

This is pretty cool as anyone leveraging the platform can look to make changes that best suits the needs of each project.

The first forked happened on January 13th and it offered Abitcoin (ABTC) at a ration of 1:1 for every coin you held.

ABTC is an interesting project which you can see below.
https://www.abitcoin.one/

Other points to note:

• Working platform
• Several years development behind it
• Many Dapps using the network at present
• Recent ICO - Pundix used the Achain platform to launch

Personally, I am very bullish on Achain. In my opinion, this is, without doubt, one of the best and most underrated coins available now.

I have held this coin since the start of the year and can see this doing very well. (In my opinion)

You can find Achain on the following exchanges:

Thats all for this article.

As always when it comes to anything crypto related please do your own research.

Thanks for reading and I hope you enjoyed this.

Keep updated on further crypto related info @furn01

Also check out my last post here:
https://steemit.com/cryptocurrency/@furn01/2-alt-coins-to-watch-in-2018-huge-potential

Take Care

Furn

Disclaimer: This post is my own personal opinion, please do your own research before making any investment into any cryptocurrency. You can lose some or all of your investments. By reading this article you acknowledge and accept this.