Usechain is the first worldwide platform that operates on the blockchain with the Mirror Identity protocol. This technology modifies blockchain in some way but also causes to join Usechain real users from the crypto-oriented market. https://www.usechain.net/?utm_source=icodrops
Thus, the Usechain platform aims to improve performance by providing efficient transaction management and support based on user identification.
The team of developers is mainly focused on implementing a new identification mechanism that will ensure both high performances of the whole ecosystem and its stable operation.
The Usechain ecosystem would apply methods of multi-level data encryption, different authentication methods, the Zero Knowledge Proof protocol, smart-contracts, and other modern data encryption technologies in order to implement the work of innovative technologies in relation to the blockchain.
So, how works the Mirror Identity protocol?
Usechain implements this protocol, combined with modern technologies that allow working with cryptocurrencies. This technology serves to eliminate delays in the development of the blockchain, as well as provide an ideal balance between the platform's scalability, security, and decentralization.
Since is expected the rapid development of the ecosystem, in the nearest future Usechain will allow its participants to use thousands of different applications based on identification and cryptocurrency assets.
According to the developers, the Mirror Identity protocol is able to solve the problem of trust among ecosystem's members. This technology will also minimize the presence of technical barriers while developing the platform. In this case, compared to the KYC procedure the cost for the identifying data can be reduced at times.
Some important data generated by the ecosystem members will be transparent and anonymous along with the improvements in the ecosystem. The platform will be able to support a certain infrastructure that will enable users to use a large number of decentralized applications used in various human activities and at the same time ensure the difference between the kinds of identification, which is based on the Zero Knowledge Proof protocol.
The platform token is called UST and is designed to meet all the requirements of the ERC 20 token standard. The main purpose of developing a token such of a kind is to enable each user to participate in developing of an ecosystem. Token will also be used as a reward for developers and contribute to the development of the entire platform. Also, all token holders will be able to use Dapps (decentralized applications) in the future.
Usechain features
1. Pure, fair and transparent infrastructure. This solves the problem of trust when making anonymous transactions over cryptocurrencies.
2. Worldwide cooperation. The platform allows users to share their opinions and make some changes to the platform's operation.
3. Mining cryptocurrencies. The Usechain ecosystem provides users with mining tools applying their portable devices (including smartphones).
4. Randomized Proof of Work technology. This technology will be able to provide more transactions per second, while consuming less energy, and will not impose strict requirements for the mining equipment.
5. Sharding. This technology can increase the transaction rate which will conduct within the ecosystem through the confirmation of certain parts of the transaction.
For more detailed information about the project and the terms of participation, I recommend to visit the links below:
☑️Link to the project: https://www.usechain.net/?utm_source=icodrops
☑️WhitePaper: https://www.usechain.net/usechain_en.pdf
☑️Telegram: https://t.me/usechaingroup
☑️Facebook: https://www.facebook.com/pg/UsechainFoundation/photos/?ref=page_internal
☑️Twitter: https://twitter.com/usechain
☑️ANN: https://bitcointalk.org/index.php?topic=3432061.0
Author:https://bitcointalk.org/index.php?action=profile;u=1047035
