A blockchain is a ledger of transactions that are distributed across the participating nodes in a network. It is a decentralized database of the records of every single transaction that has been executed, finalized and divided among the participants of the blockchainsystem. Blockchains run on peer-to-peer (P2P) networks where there is no central server and all the nodes (computers) in the network are responsible for maintaining node integrity . Blockchain technology utilizes cryptography as a means to allow each participating node in the P2P network to update the blockchain without the need for a central authority. Each node maintains a list of the complete blockchain which is updated upon every completed transaction.
MEANING OF UCHIT
The Hub of Communication and Collaboration based on Blockchain Technology.
Uchit introduces a hub of communication and collaborative tools for Individuals, Professionals and Business Entities which isn’t available with existing tools.
The development of Uchit is the ultimate end-to-end solution for –
Personal use such as communication with friends and families.
Professional use such as collaboration for programmers, musicians, artists, etc.
Professional use such as communication between Investors, Projects, Freelancers, etc.
Enterprise use for corporates.
Websites that want to have community features on their own webiste. (We will provide APIs)
and much more.
UCHIT BOUNTY PROGRAM ◥The Hub of Communication and Collaboration based on Blockchain Technology
Total UCHT tokens 712 350 000 (3% Allocated for bounty)
Total allocated tokens for bounty is 21 370 500 UCHT (4,749 ETH)
Structure for bounty distribution
Signature Campaign (40%)
Blog/Media Campaign (15%)
Social Media Campaign (40%)
Telegram Campaign (5%)
Additional 100 000 UCHT (22.22 ETH) for Crass Club Bounty
GENERAL TERMS
The bounty will run until the end of the ICO (June 30) or until the tokens will be sold out
We have the right to change the rules of the campaign for the benefit of everyone
We have the right to disqualify the participants if he/she will be found cheating
Allow us one week for calculations and distribution of your stakes in the end of the bounty campaign
Multiple entries is strictly prohibited, if found your automatically banned from the campaign
If your submission in the spreadsheet were colored meaning you submitted twice or you have duplicates.
JOIN CAMPAIGN ON:
Website: https://uchit.info/
Whitepaper: https://uchit.info/Uchit-Whitepaper.pdf
Twitter: https://twitter.com/Uchit_coin
Facebook: https://www.facebook.com/Uchit-207729296639497
Crass Club: https://crassclub.com/Uchit
ANN Tread: https://bitcointalk.org/index.php?topic=3160710.0
Telegram: https://t.me/joinchat/DZmddhD1kcq60aOeK_EAhQ
Bitcoin profile link:https://bitcointalk.org/index.php?action=profile;u=1930778