Market Cap: $402 548 748 889 (2.29%)
  • Volume 24h: $49 199 394 138 (12.22%)
  • Market Cap Change 24h: 2.29%
  • BTC dominance: 62.49%


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Askcoin ASK

  • USD: $0.00000016
    1h: 0% 24h: 0% 7d: 0%
  • BTC: 0.000000000012 BTC
All Time High: $0.0000091 9 months ago
Current price is -98 % from ATH
  • Cap: -
  • Vol 24h: $0.00
  • Total: 1 000 000 000 000 ASK

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About Askcoin

ith the rapid development of the times of Internet information, the ways people get knowledge and information are increasingly diversified and convenient; in real life, when we have doubts and hence need help from other people, you’ll find, in most of the time, that people around you actually cannot timely answer your confusions/doubts, hence we’ll divert our attention to the Internet - the biggest open information platform - to seek help. Blogs, microblogs and all sorts of online forums are all good places where perception, knowledge and emotion can be exchanged among people; also, various group chat software/apps that exist can bring us experience of nearly real-time communication. In using the above various communication tools, however, we’ve also detected some problems:

1. Such ways of communication as blog, microblog and forum are not completely real-time because the posters have to wait for quite a long time before they get replies from other people.

2. Group chat tools can bring us experience of nearly real-time communication, but group chat is after all not a separate discussion tailored to a question raised by someone but filled with miscellaneous chats that can easily drown the messages of those who need help and answers to their doubts.

3. People lack motivation and enthusiasm to participate in and reply the questions and doubts of other people.

The emergence of the blockchain technology brings us new ways of thinking, new economic models and brand-new definitions of “value”. In response to the foregoing phenomena and in combination with the advantages of the blockchain technology, the Askcoin Project comes into being. After a lot of research and thinking, we think POW is the only algorithm suitable for public chain, we have developed a new POW algorithm: SHA256-AR (asic-resistant) which is really asic-resistant. Askcoin itself is a kind of cryptocurrency embedded in the system that drives the whole Q&A platform, and it stands for value too. As long as you are willing to help others answer their doubts, the askers’ll reward you; also, you may only reward certain replies that satisfy you separately, this is an innovation of Askcoin.

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