The world has been taken by storm by the amazing technology that has been the blockchain over the past decade or so. This technology is often compared in importance to the creation of the internet itself. This is quite significant because the internet is the very first invention since the beginning of history that was able to break the stranglehold on the free flow of information on a massive scale and made it a fundamental human right and readily accessible to all. The internet has also been extremely successful in becoming quite simple to use that it got a mass-scale stronghold, and in today’s world it is very hard to imagine how life would be in an internet-free world.
The blockchain technology is such a huge milestone for IT and invention as a whole, it is the first manmade creation that has so far proved to be immune to all kinds of sabotage from malicious parties. However, despite the great thing it has achieved especially over the past few years with Ethereum and the creation of Smart Contracts, the blockchain technology till date remains a fringe technology that has yet to achieve mass-scale adoption. This is because the blockchain is still a stubbornly difficult niche to break into as most blockchain infrastructures require high-specialty in certain new programming languages which raise the bar so high from most people and businesses that seek to adopt it. The blockchain technology is also plagued by the massive problem of scalability as some of the most widely known such as Bitcoin and Ethereum itself are only able to process less than 15 transactions per second.
The UseChain Alternative
UseChain is an all-new blockchain infrastructure startup that seeks to redefine the very idea of how the blockchain technology works by ridding it of the pressing challenges that have so far seemed intractable. UseChain is a unique blockchain platform that seeks to unleash the whole powers and reach of the blockchain technology by neutralizing the problems that currently stifle its growth and threaten its ultimate adoption by the mainstream. In order for the blockchain technology to truly make an indelible mark on the modern society, the UseChain team of developers believe that this technology must be able to make the access to creation and distribution of value as mass-scale as what the internet had been able to do for the access and transmission of information. UseChain hopes to be the basic infrastructure upon which the blockchain technology will transit to its next stage of evolution, one that will see it become the must-have attribute for any IT service company or industry.
The Holy Grail of All Blockchain
UseChain seeks to redefine the blockchain game by achieving the impossible, or at least what has so far eluded all blockchain platforms. While the likes of Bitcoin have a legendary reputation for security, it is a blockchain that is severely lacking in scale. Others such as Ethereum come with more decentralization, and EOS has massive scale attributes but is lacking in complete decentralization and absolute security. The Blockchain game has always been a give-and-take one for most platforms, a situation UseChain aims to correct by using a revolutionary Mirror Identity blockchain which runs on what is known as randomized proof-of-work protocol that does not sacrifice any of the key ingredients that make up a great blockchain. UseChain in the coming years hopes to be the go-to infrastructure for future DApps, formally ushering in the dawn of the blockchain.
TEAM
The UseChain team comprises of experts in the IT sector and have required knowledge about the blockchain architecture. Its is without a doubt that they are going to do exceptionally well in the achievement of all milestones rendered by this project.
TOKEN METRICS
For starters, the platform will have a token with the symbol [UST]. It will be built on the Ethereum blockchain (ERC 20 token) prior to mainnet launch. And after the main net launch, the current tokens will be swapped. The token will be used to pay out mining rewards and execute transactions on the blockchain.
ICO Details
Total tokens: 20 billion tokens
ICO supply (private & public): 9 billion tokens
Soft cap: 1350 BTC
Hard cap: 4500 BTC
Price/Conversion rate: 1 BTC = 1000000 UST
Accepted Currencies: BTC & ETH
Projected crowd sale date: 20th June, 2018
Token Distribution
Maximum token for sale: 45%
Marketing & Partner Support: 5% (+ bounty comprising 6%)
Community Rewards: 20%
Technical Community Rewards: 15%
Core Team: 15% (initially locked and 25% vesting every 12 months)
Development Roadmap
In all the aforementioned aspects of this project, Usechain is set to be a revolution amidst existing blockchains. It is the first mirror identity blockchain; that means, subsequent ones will adopt some of Usechain's attributes and this makes Usechain a Pioneer in this aspect. The team is an experienced one and i am sure they can bring usechain to mass adoption now and in the future.
WANT MORE INFO? CHECK OUT THE LINKS BELOW:
Website: https://www.usechain.net/
White Paper: http://www.usechain.net/usechain_en.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=3432061.0
Twitter: https://twitter.com/usechain
Github: https://github.com/usechain
Medium: https://medium.com/usechain
Telegram group: https://t.me/usechaingroup
Telegram channel: https://t.me/usechain
Author's BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1194610