OVERVIEW
Usechain as a project want to be the best at building the first mirror blockchain ecosystem that improves the usage of blockchain innovation. usechain"s goal is to enhance performance by giving proficient, minimal transaction fees, and bolster/support the processes in the public market. This also enhances performance in terms identity based as well.
The platform concentrates on presenting new agreement components and random confirmation of work to balance estremely strong security and high execution. To convey another generation of blockchain, Usechain will utilize multi-level encryption and validation techniques, Identity virtual machines, zero proof, improved smart contracts, and other technologies
Usechain is the proncipal Mirror Identity Blockchain created to put a conclusion to the issues of all forms of blockchains. Usechain is expected to improve on a lot of things like low performace, incognito nature and high specialized obstruction present in the normal blockchain system by embracing RPOW consensus. Randomized Proof of Work (RPOW) will give greatest assurance to client information and increase capabilities in the ecosystem.
Usechain is aso based in Singapore and the industry is focused on building up a self-sovereign identity Blockchain community as compared to a well-known Bitcoin blockchain. They incorporate numerous creative innovations such a Randomized Proof of Work, a multi-tiered sharded network, alliance with government personalities, and a social network-based credit making system on which many real-life applications can be created. some applications that can be built are finance, IOT, supply chain, and also games as well.
USCHAIN"S VISION
USECHAIN"S main goal and vision is to develop and to create a credit environment, that empowers you to aid clients to understand organizations in perspective of credit. The vision can also be stated that, they plan to offer a degree to critical scale trades without impacting decentralization and protection concurrently, for no reason like most outrageous extraordinary blockchains.
This would surely enable mass adoptions and the masses would accept this
blockchain as it is very much easy to use.
BENEFITS OF USECHAIN PLATFORM
WELL SECURED AND RELIABLE INFRASTRUCTURE
The platform utilizes a safe infrastructure that centres on sole identity mapping and this aids in enhancing its application to situations that need identity.
MASS PARTICIPATION
The platform bolsters the interest of everybody around the world. Usechain even support the use of enabling mining through the use of mobile phones because it has the capacity to use low energy usage and low resources and this helps in the mass adoption.
Low power Consumption
Through the platform’s feature of identity mapping, it can lower its reliance on the hashing intensity of the Bitcoin and this would be able to lower utilization of energy and resources
High Performance
usechain invests quality resources to help the worldwide network to develop its ecosystem and this helps in uniting companies and all types of application platforms
HOW THE MIRROW IDENTITY BLOCKCHAIN OF USECHAIN WORK?
The platform is built on mirror identity protocol intermingled with high-level tehnologies in structure design and innovaation to remove the delays during the time spent creating blockchain and to bring an ideal harmony between decentralization, scale and security, Usechain is quickly developing and would hold a huge number of identity and credit based applications in the foreseeable future
Usechain has outlined the fresh out of the box Randomized Proof of Work and Randomized Proof of Stake. These are the items that forms the consensus algorithm so as to improve the affirmation of transactions and also bolster high number of transactions while still yet holding the quality of total decentralization of the blockchain innovation.
RPOW: The bitcoin blockchain model utilizes the proof of work algorithm, where miners challenge to solve a lot of computation problems.
This prompts to wastage, as it entails to waste so much energy.
BUT
Usechain unites the various technologies from already existing blockchain systems and project the most practical/useful consensus algorithm which is the RPOW.
This algorithm/calculation is based on a randomized system, where all the miner are assigned with a particular task relating to their level of the computing power. This makes an impartial ecosystem where everyone can earn the accounting work. This would enhance the proficiency of transaction approval as well as diminishing the centralization level of hashing power.
This as well lowers wastages as a result of competition between nodes. This would likewise enable to help mining services, help for mass adoption and helps to make the community grow
Website: https://www.usechain.net/
Link to whitepaper: https://www.usechain.net/usechain_en.pdf
Link to technical whitepaper: https://www.usechain.net/usechain_tech_en.pdf
Link to GitHub: https://github.com/usechain
Twitter: https://twitter.com/usechain
Facebook: https://www.facebook.com/UsechainFoundation/
Telegram: https://t.me/usechaingroup
Medium: https://medium.com/@usechain/
Bitcointalk account- https://bitcointalk.org/index.php?action=profile;u=2096240
