Hello everyone, today I will discuss the Usechain project which is very useful for crypto communities around the world and to find out more about the benefits of the Usechain project, here is the reviews:
Usechain is the first of it kind, it is the first publish blockchain built on Mirror Identity Protocol implemented with different features, that makes it more advanced and better than the existing Blockchain.
Why Usechain?
Usechain provides Solutions for all problems such as, Low Performance: in terms of transaction speed and transaction costs, both blockchain 1.0 and 2.0 are still lacking because transaction speeds tend to decrease as users increase on the blockchain network and increase gas costs.
Anonymous Environment: One of the advantages of using a blockchain is that you anonymously make your transactions which means the identity of the sender and recipient has never been disclosed but for years these privileges have been abused by criminals using this for criminal activities such as money laundering, arms deals etc.
High Technical Difficulties: Lack of an easy-to-use interface that also requires the work of skill personnel in making public blockchain.
By creating the first Blockchain/Mirror ecosystem to increase the use and utilization of blockchain technology. This platform aims to improve performance by providing transaction management and transactional support that is efficient, identity-based and low-cost on the mass market.
Usechain is creating a platform that will be utilized by the mass market and will be centering on sole identity mapping which means usechain is will be utilized in scenarios concerning identity. In this way Usechain will be driving the world onto BLOCKCHAIN 3.0 it is tasked with the objective of changing the way people explore and innovate with the blockchain technology.
Usechain becomes the first public blockchain to be built on Mirror Identity Protocol and integrated with multi-level innovations in technology and structure design, which can be used to break the bottlenecks in the development process of blockchain, provide infrastructure of technology for the virtual and parallel world in the future, build an identity blockchain system built on a new technical structure.
Three Major Usechain Solutions That Will Accellerate Mass Adoption Of Blockchain Technology
1| Performance And Scalability
Provide efficient transactions management and support for millions of Dapps and billions of users.
2| Identity-Based
By establishing a connection between on-chain addresses and on-chain identity to meet the requirements of KYC and AML making it possible to be massively adopted in daily consumption, loas, insurance e.t.c.
3| Low Technical Barrier
With the continuing optimization and enhancement of smart contract, more sophisticated and flexibility defination of application protocol and promotion in accessibility can provide a user-friendly interface for existing Internet technologies and low-cost and low-risk docking mode mature technologies.
The Usechain ecosystem
The ecosystem of Usechain Blockhain includes application service, application protocol, application components and core framework of underlying Blockchain.
Below are some of the features of the innovative ecosystem:
1| Multilevel Authetication Mechanism
Using cryptography solution, Usechain establishes a multilevel correspondence mechanism between the on-chain address and the identity of authenticated users.
2| RPOW Consensus Mechanism
Based on current algorithms and secure, high performance and anti-attack Trusted Execution Environments (TEEs) built by hardware, the Ramdomized Proof Of Work consensus algorithm can anchieve high frequency transaction verification on the premise of a lower energy consumption and fair environment for mining.
3| Network Sharding Technology
With the KazaA p2p protocol introduced, Identity Network Sharding(INS) and Identity Transaction Sharding (ITS) designed, network sharding can be realized based on the account address of the uses. The transaction of a specific address can be confirmed within the sharding which the address belongs to, which erases the need for confirmation by all nodes in the network.
4| Identity Virtual Machine(IVM)
The Identity Virtual Machine(IVM) is a nnew standard for building high-performance smart contracts that can be defined and sandboxed with some adaptations. Usechain will build an intermediate communication layer so that IVM can interract with underlying blockchain, external APIs and sub-chain or even be directly programmed based on the intermediate communication layer to make up for the shortage of Ethereum virtual machine and build smart contracts which are efficient in execution, and can interact with external data to help extend the application scenario.
5| Light Node Client
The adoption of higher-level Merkle Tree BCMT is used to achieve transaction and status verification reduce the amount of data light-node clients need to synchronize and verify the accuracy of transaction or data.
Join the UseChain project.
Usechain team decided to launch a public sale round on LEEKICO for more community members to participate.
Public Sales Details:
Total Allocation of public sale:2000 ETH
Min/Max Contribution1 ETH/10 ETH
Check out https://www.leekico.com/#/projects/detail?id=107
for full information.
Note:
You need to sign up an account on leekico.com and pass the KYC procedure to participate the pre-sale;
Users who had participated in the pre-sale do not need to do KYC again.
Up here explanation from me and to avoid any form of Fraud please visit the link that I provide below:
WEBSITE, WHITEPAPER, TWITTER, FACEBOOK, TELEGRAM, MEDIUM
Username:Sadum
Bitcointalk Profil