For a locally convex -algebra equipped with a fixed continuous -character , we define a cohomological property, called property , which is similar to character amenability. Let be the space of continuous functions on a second countable locally compact group with compact supports, equipped with the convolution -algebra structure and a certain inductive topology. We show that has property if and only if has property . On the other hand, many Banach algebras equipped with canonical characters have property (e.g., those defined by a nice locally compact quantum group). Furthermore, through our studies on both property and character amenablility, we obtain characterizations of property , amenability and compactness of in terms of the vanishing of one-sided cohomology of certain topological algebras, as well as in terms of fixed point properties. These characterizations can be regarded as analogues of one another. Moreover, we show that is compact if and only if the normed algebra (under ) admits a bounded approximate identity with the supports of all its elements being contained in a common compact set.

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