Everything about blockchain has always been about getting better and making life transactions very much easier, blockchain cryptocurrencies like ethereum and bitcoin seems to have been beguiled with so many challenges lately and this challenge have affects it level of applications, acceptance and conformity to our daily lives, although they also offered a level of decentralized smart contract cryptocurrency based application services time, intensity of use and growing level of technological sophistication has taken a toll on the efficiency rate of this blockchain bitcoin and ethereum cryptocurrencies autonomous capabilities, the bitcoin and ethereum seems to be failing on the grounds of its efficiency, performance, scalability, non negligible lack of technical errors. The need for a better blockchain based system was further energized by inability of existing blockchain systems to provide an all encompassing commercial support. Blockchain has demystified these problems using the usechain; usechain through blockchain has developed a first mirror identity ecosystem (platform) that can effectively ensure a high a level of scalability, high performance standard and a higher level of response appeal to our everyday lives challenges. Blockchain invention of usechain is a conscious and progressive attempt to attain commercial value and the overall growth of world’s economies. Usechain stands out a blend of blockchain models, randomized proof of work (RPOW)
The usechain ecosystem is a non like any other platform that is developed as the first mirror identity; it enhances the use of blockchain technology by improving its abilities and performance, effective transaction management process with a full identity inclined service devoid of technical barriers that gives it a high scalability. Usechain ‘’mirror identity’’ can best be described as an identity address mapping protocol working within a highly blockchain enabled ecosystem that can duly ensure its users anonymity even while off-chain with only it’s address been mapped on the decentralized blockchain ecosystem, the addresses mapped are organized in a very transparent open way, usechain is designed to appeal to duly appeal to a wider range of scenarios like the decentralized exchange, identity token, security service, financial services, worldwide payments etc
ABOUT USECHAIN PROPER
The blockchain project usechain is an attempt towards increasing not just utilization but also facilitate large scale adoption of blockchain, usechain is engineered to offer the following:
A fully identity based system
Usechain creates a bridge between all off-chain and on-chain user address so as to ensure that its carries out an efficient and effective know your customer policy (KYC) and AML. With this usechain can duly meet the identity needs of various sectors and a wider range of application platforms in dare need of identity.
Scalability and high performance standard
Usechain propels an all time high transaction process that can seamlessly ensure a full support and effective management process to over a million decentralized applications and also for its billions of user’s world over, its developed on a framework that is high performing, reliable and duly secured.
Oh yes the usechain eschews low technical barrier due to its ability to ensure a long standing optimization process and remodifications of smart contract, its designed with a higher level of peculiarities and flexibility. Users are to anticipate a new application protocol that is not just effective but also that which can give users an easy to use interface at low time risk and service cost like no other
USECHAIN MECHANISM
The underlying blockchain enabled protocol within the framework of usechain is all about improvements, the amount of data generated by users are all very much transparent, accurate and irreversible within the usechain identity based ecosystem, it provides for its users complete security, blockchain anonymity that gives it an unparallel capabilities of providing total infrastructural support systems to different industries using its zero knowledge proof and cryptography. Usechain is a multilevel relative system that is usually between its on chain address. The confirmation of its users is made possible using topnotch algorithms, high performing, secured performance and service execution mechanism. Usechain has an identity virtual machine (IVM) that portends a high performing smart contract; the IVM is designed to communicate with other external application program interface (APIs) and all other sub-chains, the usechain ecosystem uses an official token UST (ERC20) and users can get this token during coin offering, the token gives every user in the usechain ecosystem the opportunity to build the community, it will be used also as a medium of exchange for rewards services within the ecosystem
CONCLUSION
Usechain is blockchain progressive attempts towards ensuring higher commercial contributions and value to the world; it is a system that eschews a high security using proof of work (POW), lower energy consumption, massive public participation, high end performance. With this blockchain invention usechain stands as the first mirror identity based blockchain platform (ecosystem) I guess it’s what it is basically because it has a team of experience, expertise and extensive knowledge.
Important links :
Website: http://www.usechain.net/
Whitepaper: http://www.usechain.net/usechain_en.pdf
BTT: https://bitcointalk.org/index.php?topic=3432061.0
Telegram: https://t.me/usechaingroup
Author: https://bitcointalk.org/index.php?action=profile;u=2076423