Bitcoin.com began listing the digital assets Aspire (ASP) and Aspire Gas (GASP) September 30.
Both tokens were created by Aspire Technology, under the leadership of core developer Jim Blasko, a proof-of-work innovator since 2012.
Aspire Technology develops digital asset creation technologies and was incubated by the bCommerce Labs accelerator fund and other angel investors. The Aspire platform, which consists of the Aspire (ASP) digital asset creation platform and Aspire Gas (GASP) blockchain, resists both mining exploits and 51 per cent attacks common to proof-of-work blockchains, the company said.
The Aspire platform improves upon the standard Counterparty open-source code, but grafts in an automated checkpoint server to prevent 51 per cent attacks that have caused many other blockchains to be attacked and lose funds. Aspire is also not subject to miner attacks, the company added.
Aspire Technology said Aspire (ASP) improves on speed, cost, and security for creating both fungible and non-fungible (NFT) tokens. It allows professional developers and hobbyists alike to create extensive digital assets involving up to 92 billion tokens per asset, as well as unlimited sub-assets, with no programming experience required, for about $1.00 per asset. Aspire Gas (GASP) powers Aspire transactions for thousandths of a penny per transaction.
Aspire uses very small fractions of GASP for all transactions of digital tokens/assets sent on the Aspire network. GASP currently charges 1 satoshi per byte when creating a transaction. These fees allow for thousands of transactions with a single GASP.
The GASP core allows for secure confirmations averaging about two minutes, which is five times faster than Counterparty or Bitcoin, Aspire Technology claims. It is built on PoW (Proof Of Work) via scrypt mining and is designed for processing all of Aspire’s transactions onto one secure blockchain. All transactions of digital assets created on Aspire will always confirm at least four times faster than Bitcoin’s 10-minute block time, Aspire Technology claims.
By implementing advanced checkpoints into GASP’s core, Aspire assets will be free of double spending, 51 per cent attacks, and hostile takeovers of the blockchain. This is a first in asset creation platforms and gives Aspire the ultimate protection from malicious attacks.
On Aspire, anyone can create assets at an extremely low price and in under two minutes. Currently the cost to do this is 10 Aspire coins (ASP), which are currently offered for free for a limited time through the Aspire bounty program. Aspire Technology said Aspire is five times faster than Bitcoin. One Aspire Gas coin (GASP) allows more than 300,000 transactions of any asset created on Aspire.
Strong Endorsement
“I’ve followed the team behind Aspire, and the platform upon launch for quite some time now,” bitcoin.com head Danish Chaudhry said. “It is an incredible platform, not only because of its speed, but the core technology implemented. The focus and dedication given in this project is unparalleled, and their all-star team is by far one of the strongest in the industry. Excited to welcome ASP and GASP into our ranks.”
“We are very proud that Bitcoin.com will be the first exchange to take on trading pairs for GASP and ASP, the native cryptos of the Aspire platform,” Mr. Black said. “By working with Bitcoin.com, Aspire and its amazing asset creation tools now fall into the hands of millions of new users. Our goal was to make crypto asset creation better in every way possible for the user, and this partnership is another stepping stone in the natural organic growth of Aspire. Today’s milestone ensures that future assets created on Aspire can be supported via Bitcoin.com’s exchange.”
“Ordinary consumers will drive the next massive wave of crypto adoption, just as they did in the second decade of the web,” Aspire cofounder and chairman Michael Terpin said. “Aspire is poised to become the leading digital asset creation platform globally by combining ease of use with high speed and near-zero fees. We believe in the very near future, most people will have dozens of digital assets they interact with regularly.”
