Programmable Money

There are more to smart contracts than simple tokens.

Based on proof-of-work chain technology, Aquachain is a distributed computing platform secured by it's own peer to peer network. It is not a company, and there was no ICO, no pre-mine, no dev fund, no pre-sale, etc. Transactions, once mined, are irreversible and not able to be censored. Aquachain is the blockchain, AQUA is the fuel. You need AQUA to deploy and interact (write-mode) with executable distributed code contracts and to send transactions.

Aquachain is an alt-ether, launched with no funding or pre-mine. Block number 1 was mined Sat 03 Mar 2018 12:23:29 PM UTC, and we switched proof-of-work hash function from "ethash" to "argon2id" at block 22800, (Sat 28 Apr 2018 03:46:55 AM UTC). The platform has scheduled maintenance hardforks in case changes are needed, and a hard fork constitution which prevents manipulation of the economy during these upgrades.

AQUA is the native currency of the Aquachain system. Anyone in the world can deploy "smart contracts" on the Aquachain today, using AQUA as "fuel" in the platform. Anyone in the world may also mine their own AQUA using GPU or CPU power. The economy is inflated by 1 coin every block (target: 240 seconds). Mining rewards will cease at block 42,000,000 (forty-two million). What makes Aquachain truly unique is the combination of chain attributes. Created with a fixed supply limit, pure proof-of-work coin creation, no pre-mine, no pre-sale, no rollbacks, and many more features to love. Join our discord chat if you need help or have any questions or want to help.

Technical Basics

Coin Name: Aquachain
Coin Ticker/Symbol: AQUA

Reward Structure: Pure POW, 1 coin per block +uncleRewards
Supply Limit: 42000000
Block Timing: target 240 seconds per block
Difficulty Recalculation: Every block
Current POW Algorithm: argon2id

Suggested Gas Price: 0.01 gwei
Transaction Gas Amount: 21000,
Transaction Fee: 0.00000021 AQUA

EVM ChainID: 61717561 (Needed for developing wallets)
Proof-of-work Algorithm: Aquahash (change algorithm via hard fork)
Algorithm Version 1: Ethash
Algorithm Version 2: Argon2id (1,1,1)

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