Technology

Launch of innovative Achi cryptocurrency.

The first truly decentralised Proof of Space and Proof of Time cryptocurrency.

Los Angeles, California Aug 15, 2021 (Issuewire.com) – Sten Achiho launched Achi on the 14th of August 2021 in Tokyo, Japan. This is a new and the first truly decentralised cryptocurrency based on a Proof of Space (PoSp) and Proof of Time (PoT) consensus algorithm with independent Timelords.

Achi is not managed or controlled by a company or anyone else. An open-source blockchain has just been started and it will fly independently and remain decentralized with your support. Achi is the first PoSp and PoT blockchain with independent Timelords which receive a small commission for each signed block.
Achi has no pre-farming, the farming starts from zero at the time of release. There will be 21 billion Achi coins produced during the next 58.2 years.
Early Achi farmers will be well incentivised. Achi plots are incompatible with other already existing PoSp and PoT blockchains and as such merge farming will not be possible.

At the launch event Sten Achiho said in his speech:

I am proof of space and proof of time farmer and this is my MANIFESTO!
50% prefarming! ”Ohh it is not about how much we prefarmed, it is all about how we will spend it. We will not even need IPO. We have decentralised currency of which we will control 50% plus. Trust us!”
Seriously!? They have no shame! One has to be dreaming to believe it. This is exactly what Achi is not!

Achi features zero prefarming and dynamically sized difficulty and block sizes. It provides transactional functionality from the get-go, it incentivises independent timelords and farmers to secure the blockchain cooperatively. It is not compatible on the farming level with existing corporate blockchains. It is coded as to how Proof of Space and Proof of Work blockchain should have been done in the first place.

Sten Achiho invites all the free spirted people of the world to join and to move forward together as farmers, timelords, users, and developers. Together we have this opportunity to innovate. Together we can create and maintain the first truly decentralised and independent currency of the word!

Media Contact

Achicoin

*****@achicoin.org

79993592252

Tokyo, Otemachi 1 chome-1-1

http://ahicoin.org

Source :Achicoin

This article was originally published by IssueWire. Read the original article here.

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