Achain (cryptocurrency)Achain was founded by Tony Cui.
Why do we need Achain?
Achain prioritizes security, stability, extensibility. By introducing cutting-edge designs of virtual machines, smart sandbox, value exchange protocal, and forking mechanism, Achain creates an evolving, user-friendly, low-cost, and customizable blockchain network. The optimization of block interval, block volume and consensus algorithm also helps Achain reach a performance rate of up to 1000TPS. Achain believe that as the technological innovation creates a new production relation network, it will solve the problem of trust in interpersonal communications and organically integrate societal consensuses, individual behavior, and value exchange into an inseparable whole.
HathorHathor (HTR) is the native unit of account of the Hathor Network, created as a utility token needed to access the decentralized payment, contracting and token issuance capabilities of our technologies.
Hathor architecture allows the platform to scale on layer one achieving hundreds of transactions per second. Furthermore, we focus on usability for the end user, so creating a new token is extremely easy on our platform besides having zero fee to exchange your tokens.
CENNZnetThe barrier to harnessing the blockchain in apps is often extremely high. For those without extensive blockchain knowledge, getting your DApp idea off the starting blocks is near impossible. We want to make the power of blockchain quick and easily adoptable for every innovative dev out there – specialist skillsets or not.
With CENNZnet, developers can apply blockchain using just javascript APIs – no smart contracts required. We cover 80% of use cases as plug n’ play runtime modules that developers can simply opt-in and out of. Developers no longer need to spend 18 months and a million dollars creating the basic functions that every DApp needs:
Wallet, identity, exchange, messaging, NFTs are all provided as convenient plug in CENNZnet modules.
That’s not to say that our decentralised tech isn’t on the bleeding edge. Our team are the proud creators of the world’s first:
Dual token economy: Ensuring low gas fees forever.
Doughnut protocol: Giving you protocol level privacy.
Plug n’ play runtime modules: Pick and choose the functions you need.
CENNZX spot exchange: Our automated decentralised spot exchange.
Point and click NFTs: Mint and sell NFTs without touching a smart contract.
CENNZnet currently supports 10 quality applications with plenty of exciting projects in the pipeline. Our ecosystem serves about 1m active users. And we are just getting started! Join our journey and let’s grow together.
CENNZnet is a New Zealand built public blockchain network which powers decentralised applications (DApps) and the crypto currency CENNZ and CPAY. It's a user-first dapp platform which makes blockchain based services accessible for first time builders and end users so that everyone can enjoy the increased network transparency, data privacy and reliability that decentralisation offers.
The dual token economy
CENNZnet uses a unique dual token system in order to help developers, users and token holders get the best from the network.
CENNZ - the staking token which works separately to block rewards. This means it can increase in value without impacting the cost of using the network. This is important so the price of CENNZ can continue to increase without impacting the amount developers and users pay to use DApps.
CPAY is the gas in the network and is used to pay transaction fees. It is also a block reward payment in staking. It’s designed to be algorithmically stable, so it will retain a steady value. This means developers creating DApps on the network can easily predict the cost of their application, and stakers can easily predict the value of their stake.
CENNZnet uses a Proof of Stake consensus mechanism. This is where node operators hold, or stake, their tokens in a particular wallet as collateral against their promise to perform their duties correctly. If they do perform their duties correctly they receive a reward in our CPAY token. If they do not then the staked tokens are slashed, or fined. Other token holders can also stake their tokens against node operators (validators) of their choosing in order to receive a portion of the CPAY reward.
This system helps to secure the network by incentivising the community to follow protocol and prevent attacks.
CENNZnet functions 100% on-chain using blockchain’s built in voting mechanisms. In CENNZnet governance, validators and node operators are required to vote on proposals using a direct voting mechanism (similar to direct democracy) to achieve consensus. Voting results are governed algorithmically and their automatic execution is built directly into the protocol. The winning decisions then automatically integrated into the chain.
DApp builders have access to core CENNZnet modules which provide the building blocks to common functions required for DApp users.
Using the CENNZnet NFT module users can mint and sell NFTs on CENNZnet without ever needing to touch a smart contract. Instead, they can create custom NFTs using just a Javascript API or point and click with a UI.
CENNZX is a spot exchange module which enables a seamless fee payment experience on CENNZnet and makes token exchange instant and easy. The CENNZX Spot eliminates rent extraction and centralised services while prioritising decentralisation, usability and security.
Generic Asset protocol enables CENNZnet’s multicurrency economy. The module allows transaction fees to be paid in any asset, provided there’s liquidity in the CENNZX in-chain GAS exchange. CENNZX will then seamlessly convert the asset into the official gas token, CPAY. This streamlines onboarding and in-app experience by eliminating the need for new users to learn about different token types and simply opting for their favoured currency.
The Doughnut module is the secret sauce of the CENNZnet blockchain. Doughnuts are proofs of delegation between two or more cryptographic keypairs. They allow us to prove that one address delegates something to another address and allows permissions and rules to be carried between different networks without the need for a centralised server. This supports user data privacy whilst maintaining a good user experience.
CENNZnet Attestations protocol provides on-chain claim registry for digital identity use cases. This allows personal data to be protected to reduce security risks.
The decentralized network is governed entirely by Acala Token (ACA), which also servers as the utility token for operating the network.
Powers the micro gas fees and smart contract execution.
Incentivizes network nodes to monitor and relay messages to Polkadot.
Empowers the community to vote, elect council members, and drive the development of Acala.
Auto-adjusts risk parameters such as interest rates or collateral ratio.]
Allows teams to deploy new Substrate pallets on the Acala blockchain by staking ACA.
ACA will be rewarded to participants who support the Parachain Auction with DOT. Upon receipt, a portion of this ACA will be unlocked and transferable, while the remaining portion will be vested and released gradually over the parachain slot duration.
