Hello everyone our today's content would be on a new blockchain technology. Called "Usechain".
Usechain is now at the peak of one of the most promising areas of activity and this is undoubtedly the blockchain. At the same time, its creators interpret the project as a potential competitor to EOS, and they have every reason to do so, because going with the ideology of the project, it is possible to allow such a prospect.
Usechain is a public blockchain ecosystem built on Mirror Identity Protocol and merged with structure design and other high-level innovative technologies to bring an end to the problems in blockchain development processes, build an identity blockchain system, and provide support for commercial projects with leading commerce and application platforms in various industries.
Like we all know that all the difficulties and difficult nuances associated with the use of centralized exchange, have long been clear to users, which is why the concept of developing its DEX is very attractive. And it is very characteristic that now it is thought of as an absolute norm for a number of large promising projects.
USECHAIN FOUNDATION.
The project is a non profit organization established in Singapore and committed to developing Usechain, advocating governance transparency and promoting the security and harmony within the open source ecosystem. It has three fundamental principles :
- Impartiality
- Strong governance system.
- Non-profit governance
In other words Usechain will reduce the cost of identity assistance and reform financial industry and applications outside its own ecosystem will no longer be rigid but become more compliant.
HOW DOES USECHAIN PLAN TO TAKE THE BLOCKCHAIN INDUSTRY TO THE NEXT LEVEL.
- By providing efficient transaction process management that wil make transactions faster and more secure.
- By providing support for and developing more widely used Dapps (Decentralized Applications).
- By lowering technical barriers and providing a user-friendly interface on their ecosystem that allows for mass participation.
- Based on the characteristics of the identity mapping it plans to use, Usechain plans to reduce the consumption of computing resources and energy consumption.
- Usechain also plans to be able to support mining through mobile devices and thus, allow public participation in the ecosystem.
BENEFIT OF USECHAIN.
The team behind the project wants to introduce a new mechanism and algorithm to prove the effectiveness of the site they created and attract more and more investors and site users. Blocker will apply multi-level encryption methods, as well as auto-integration. Other functions of the project includes :
Zero Proof, Identity Virtual Machine (IVM), a Notification of a network IDs (INS), the Bond transaction identity (ITS), Advanced smart contract.
MONETARY OPERATIONS ON THE PLATFORM.
The platform provides a separation between the identification system and identity based on evidence with a so-called zero agreement. The user can buy a crypto-coin in the offer period of the crypto socket. Token can also be used to reward supporters and developers of the platform and ensure the development of the ecosystem as a whole. This method will allow every owner of the system to use the necessary applications for the sale and purchase of tokens.
Engineered by a world-class technical team, Usechain will achieve a balance between scalability and security by fusing their unique “Randomized Proof of Work” (RPOW) revolutionized consensus built on identity with a multi-tiered sharding network to make transactions safe and efficient. Real identity information will be encrypted for privacy and mapped for legal assurance so as to be available to governments for investigations against criminal actions.
The essence of this project is a completely new, recently introduced principle of consensus, involuntary evidence of work. It is designed to combine greater productivity, efficiency and security at all levels.
TOKEN DETAILS
Token symbol: UST
Accepted payment method: BTC and ETH
Total token supply: 20000000000
Volume: 20,000,000,000 UST
Maximum token amount for sale: 45%
Softcap: 1350 BTC
Hardcap: 4500 BTC
USEFUL LINKS
Website: http://www.usechain.net
Whitepaper: http://www.usechain.net/usechain_en.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3432061.0
Telegram: https://t.me/usechaingroup
Facebook: https://web.facebook.com/UsechainFoundation
Twitter: https://twitter.com/usechain
LinkedIN: https://www.linkedin.com/company/usechain
Author’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1578037