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What Is ASCH (XAS)?
Asch aims to offer its users an easy-to-use, fully functional ecosystem that includes a range of industry-standard solutions, including custom sidechains, smart contracts, application hosting, and many others. Every node and user within this ecosystem can easily download and run these applications. The entire process is secured by the Asch sidechain consensus network. A sidechain is a blockchain that is independent of its parent blockchain and is linked to it by a two-way peg. The two-way peg allows assets to be exchanged at a predefined rate between the main blockchain and the sidechain.
The cryptocurrency token of Asch is called XAS. XAS is capable of interacting with a sidechain or any decentralized application (DApp) via a two-way peg mechanism, allowing it to act as a bridge or media for asset movement among all DApps.
Developers can use the tools offered by the Asch platform to build an entire blockchain. Notably, these new blockchains can be linked to Asch’s main chain or even Bitcoin's blockchain. Normal users may download, install, and utilize a variety of decentralized apps via Asch’s built-in app store. The Asch system offers several types of decentralized applications on which ordinary people may earn by participating in various ways.
History of Asch (XAS)
The Asch project was launched in 2018 by Qingfeng Shan.
In the future, the Asch system aspires to be the next-generation incubator for decentralized applications as a proactive, low-cost, one-stop system.
Asch is on the decline this week.
The price of Asch has fallen by 24.15% in the past 7 days. The price increased by 6.54% in the last 24 hours. In just the past hour, the price shrunk by 0.14%. The current price is $0.000749 per XAS. Asch is 100.00% below the all time high of $9,859.07.
The current circulating supply is 93,355,331 XAS.
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Comparable market cap
Of all the assets on Coinbase, these 8 are the closest to Asch in market cap.