Achi blockchain reached 1024TB of total network space

NEW YORK - Aug. 29, 2021 - PRLog -- A new Achi blockchain was launched by Sten Achiho 15 days ago. Achi blockchain is growing very fast and today has reached 1024TB of total network space. Achi is a new and the first decentralised cryptocurrency based on a Proof of Space and Proof of Time consensus algorithm with independent Timelords and unique "plots". Sten Achiho is planning to gain widespread digital exchange listing of Achi in the near future.

We interviewed Sten:

- My congratulations! Excellent start! Sten, Achi and Chia are using the same Proof of Space and Time consensus algorithm, but many experts say that today Chia brings income only to the creators. Why? Do you expect the same issue with Achi?

- First, let's start with the project creation stage. How to attract new users? Of course, a lot depends on decentralization. But the bottom line is that the Chia project team has already made 50% of prefarming since the launch - now 95% of the issued coins to the developers. There can be no question of any decentralization, with 5% of free coins it's simply impossible. Achi has zero prefarming, I do not expect such an issue.

- Sten, what should be the ideal cryptocurrency for farming? Maybe there are certain criteria?

- There are certain criteria:

Decentralization. The fork, first of all, should be aimed at the interests of users, otherwise the presence of rent seeking intermediaries and the assignment of the majority of the issued currency by the project to itself will sooner or later lead to the inexpediency of use.

There should be no premining. Premining initially says that most of the issued coins will not go to users, and also, it significantly reduces the value of the currency.

Plots must be unique.

Security - by the way, many Chia forks have zero hashing power, this makes them vulnerable to any more or less well-thought-out attack. Moreover, almost all the forks of Chia did not bother to at least rewrite its code, and use their own libraries. If Chia decides to change something in those libraries, such forks likely will just stop working.

I would add that the currency should be able to live independently. It should be able to live without the support of original developers, here it's not just independence from the developer, it is full-fledged independence. Besides, of course, security and stability, but these are criteria that depend primarily on good initial design and support by a diverse set of farmers.

Remember this old maxim. Corporate and Central Bank Cryptocurrencies are only good for buying Bitcoin. My goal is to ensure that with time this changes to "… buying Achi and Bitcoin".
achicoin.org