 The introduction of blockchain and cryptocurrency has brought about a significant increase in the operations of some businesses that adopt its system. The fact remains that so many people have heard about the good news of this innovation and they are really hoping to be intertwined with the blockchain system. However, blockchain as the future of the digital world needs to be reinforced and made wholesome due to the fact that it is gradually becoming the abode of many sectors and organizations that hope to use it as a leverage in order to achieve their goals. As good as that sounds, the persisting issues of security and inefficiencies of the community stand as a barrier that needs to be leveled. The previous blockchain infrastructures started on a good note, but due to traffic on the network encountered flaws with regards speed, scalability and other issues. All these issues limit mainstream adoption. I remember sending BTC last year to a friend and waited for about 24 hours before the transaction was confirmed. Bitcoin as the Blockchain 1.0 system was the pace setter, but there was need for amelioration when network clogs sprouted up due to massive usage of the network, leading to drawbacks like reduction in speed and higher transaction fees. Ethereum and other Blockchain 2.0 projects tried a great deal as an improvement to blockchain 1.0 but there are still little or no mainstream adoption due to security and scalability issues. Most especially, big firms and establishments care about security and privacy, and there is need for a revamped blockchain system to ensure this comes to reality. The existing issues seemed unsolvable, but all thanks to USECHAIN; the wielder of the solution to the problems that are acting as a deterrent to the growth and effective functioning of the blockchain.  USECHAIN AS THE NUMBER ONE MIRROR IDENTITY BLOCKCHAIN PROJECT. As the first and only mirror identity system, usechain has a special attribute of digital facial recognition which helps it to differentiate between the numerous users and also to identify and outsmart hackers that hope to penetrate into it. The structure of this network is built technically to enable its acceptance and cooperation between all other business sectors so as to help support the digital revolution that is set to be achieved on the blockchain. More so, standing as the leading platform, it is set to be the leader of the movement that aims boost the crypto market and succeed in its oars. Furthermore, this mirror identity system envisages the improvement of the blockchain technology in all ramifications and conducting all forms of efficient operations. However, it will be inclined to coordinating and supporting all the blockchain based transactions, increasing its efficiency and lowering all the technical barriers of the general cryptocurrency market.  THE USEFULNESS OF THE NEW CONSENSUS ALGORITHM OF USECHAIN. The main focus and target of this network is to expose solution of the new consensus mechanism for use to achieve a highly secured network with a very high performance. This will be done by the consensus protocol together with the randomized proof of work. This will create the desired balance in the network and greatly enhance the perfection of the blockchain. Meanwhile, the running of this system will give birth to a new generation of blockchain that is outrightly different from the existing one because the core value will have been increased by usechain. More so, there would be a multiple adoption of many innovative technology like zero proof, the identity virtual machine and smart contracts in the ecosystem to ensure its smooth running and functioning.  HOW BEST USECHAIN WORKS WITH RANDOMIZED PROOF OF WORK (RPOW). To have the best delivery and scalability, the world-class team of this network has put resources together to provide a Randomized Proof of Work (RPOW) Which will restore the balance between security and high scalability on the blockchain. This protocol is very essential and would be responsible for safe transactions and protection that is required. Also, this will allow all the users of the network to have their privacy and freedom of usage so they can initiate any transaction on their own and complete it without a third-party interaction.  Token Information: Token Name; UST Token The total amount of issued UST token is 20 billion UST. PRE SALE DETAILS: https://www.leekico.com/#/projects/detail?id=107 CONCLUSION This project will restore the power of the blockchain and remove all the barriers and limitations to its effective usage. Most importantly, upholding security, privacy, identity, improved performance, scalability, speed and mainstream adoption. By mainstream adoption, I mean real life applications in businesses , schools and other establishments. I am very optimistic that this project vision will be attained considering the great team behind it. Cheers! Do not miss checking out the useful project links below to get more insight about this remarkable project : Website: https://www.usechain.net Whitepaper: https://www.usechain.net/usechain_en.pdf Medium : https://medium.com/@usechain/ Twitter: https://twitter.com/usechain Facebook: https://www.facebook.com/UsechainFoundation/ Telegram: https://t.me/usechaingroup LinkedIn : https://www.linkedin.com/company/usechain Reddit : https://www.reddit.com/user/Usechain Github: https://github.com/usechain Writer's telegram username: @engrdeo Writer's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292
author | deodivine |
---|---|
permlink | usechain-birthing-a-flawless-and-uniquely-functioning-blockchain-system |
category | cryptocurrency |
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yehey | 0 | 7,391,029,414 | 10% | ||
sebastianlbj | 0 | 430,384,436 | 100% | ||
sammy-gates | 0 | 338,640,751 | 50% | ||
hamzeto | 0 | 206,843,654 | 10% | ||
donrep | 0 | 125,130,031 | 100% | ||
andycapable | 0 | 362,709,341 | 100% | ||
gabbyreigns | 0 | 112,893,558 | 100% | ||
eni198881 | 0 | 64,093,372 | 100% | ||
oniraphaeleu | 0 | 62,060,244 | 100% | ||
zenithace | 0 | 185,874,506 | 100% | ||
seento | 0 | 501,903,757 | 100% | ||
coinaddic4real | 0 | 91,671,319 | 100% | ||
nsiman | 0 | 64,144,139 | 50% | ||
browncephas | 0 | 115,937,490 | 100% | ||
dulowegner | 0 | 76,203,967 | 100% | ||
oopgamesandhobby | 0 | 665,552,381 | 100% | ||
hillarie | 0 | 263,009,779 | 100% | ||
njoli | 0 | 146,698,406 | 100% | ||
jackson.kontny | 0 | 341,677,321 | 100% | ||
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ammier | 0 | 137,548,378 | 100% | ||
depedro | 0 | 79,566,090 | 100% | ||
coltpython | 0 | 88,223,692 | 100% | ||
queentee | 0 | 137,336,376 | 100% | ||
emmy92 | 0 | 106,813,188 | 100% | ||
faithclin | 0 | 82,263,794 | 100% | ||
flintcode | 0 | 149,851,346 | 100% | ||
karldark | 0 | 124,950,034 | 100% | ||
chudidonas | 0 | 185,584,865 | 100% | ||
jayhk | 0 | 106,482,536 | 100% | ||
royalt123 | 0 | 64,093,255 | 100% | ||
ritabella | 0 | 133,862,328 | 100% | ||
collinberg | 0 | 606,318,950 | 100% | ||
christian764 | 0 | 91,249,423 | 100% | ||
bunmicrypto | 0 | 79,587,480 | 100% | ||
clektai | 0 | 106,565,619 | 100% | ||
jannyh | 0 | 88,358,038 | 100% | ||
desydollars | 0 | 91,318,145 | 100% | ||
chudisteemit | 0 | 201,944,219 | 100% | ||
lilbrizzeey | 0 | 159,107,566 | 50% | ||
package42 | 0 | 82,613,544 | 100% | ||
dammy42 | 0 | 82,613,544 | 100% | ||
ijsera | 0 | 110,151,392 | 100% | ||
adaoramma | 0 | 103,591,444 | 100% | ||
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sman004 | 0 | 183,559,596 | 100% | ||
festdfirst | 0 | 79,542,491 | 100% | ||
maxibrainz | 0 | 498,667,731 | 100% | ||
ebykamsiokoro | 0 | 131,012,709 | 100% | ||
elvisdika1 | 0 | 492,678,103 | 100% | ||
philmovs | 0 | 70,075,509 | 100% | ||
olyonyeka | 0 | 76,474,212 | 100% | ||
phlaser | 0 | 67,030,235 | 100% | ||
olisexxy | 0 | 290,590,946 | 100% | ||
elmichaels | 0 | 63,911,050 | 50% | ||
osakuni | 0 | 67,290,572 | 50% | ||
credulous | 0 | 243,573,754 | 100% | ||
olamidey | 0 | 82,565,493 | 100% | ||
walexworld | 0 | 125,358,384 | 100% | ||
lollyk | 0 | 431,023,098 | 100% | ||
empress01 | 0 | 119,197,677 | 100% | ||
deodivine | 0 | 450,108,295 | 100% | ||
dellosoft | 0 | 492,062,989 | 100% | ||
chidihappy | 0 | 119,182,772 | 100% | ||
cryptoboss12 | 0 | 91,632,675 | 50% | ||
sholex00 | 0 | 109,920,539 | 100% | ||
sweedy | 0 | 79,428,976 | 100% | ||
flezy | 0 | 100,755,522 | 100% | ||
kelvinmark2015 | 0 | 396,896,839 | 100% | ||
lagabara | 0 | 122,197,585 | 100% | ||
lynkels | 0 | 521,997,755 | 100% | ||
aabu | 0 | 63,256,895 | 100% | ||
adeyod | 0 | 82,380,066 | 100% | ||
crypto4ruby | 0 | 125,093,423 | 100% | ||
sirlaw | 0 | 97,633,891 | 100% | ||
foley | 0 | 79,335,995 | 50% | ||
ambition1 | 0 | 131,535,000 | 50% | ||
ifykiki | 0 | 70,253,156 | 100% | ||
joygalz | 0 | 118,990,581 | 100% | ||
kaysy123 | 0 | 433,176,065 | 100% | ||
hush231 | 0 | 79,313,927 | 100% | ||
aabl3zzy | 0 | 64,493,290 | 100% | ||
promudy | 0 | 79,116,253 | 100% | ||
etinosirr | 0 | 134,447,559 | 100% | ||
attahiruj | 0 | 304,868,825 | 50% | ||
honpaulo | 0 | 64,022,453 | 50% | ||
atteh | 0 | 347,550,460 | 100% | ||
phashjnr | 0 | 125,012,873 | 100% | ||
lyndieline | 0 | 100,606,712 | 100% | ||
buchito | 0 | 94,509,335 | 100% | ||
tcode53 | 0 | 606,685,348 | 100% | ||
jamisky | 0 | 88,411,432 | 100% | ||
akhat | 0 | 164,628,185 | 50% | ||
thaddaeus | 0 | 429,852,771 | 100% | ||
chidfranco | 0 | 198,159,078 | 100% | ||
general001 | 0 | 94,506,098 | 100% | ||
eyezberg1 | 0 | 134,120,500 | 100% | ||
cryptoshines | 0 | 88,369,122 | 100% | ||
teepheh | 0 | 137,117,414 | 100% | ||
phylum | 0 | 124,902,303 | 100% | ||
chomsy | 0 | 88,344,919 | 100% | ||
alqudsid | 0 | 402,121,700 | 100% | ||
crystaljonah1 | 0 | 122,002,663 | 100% | ||
ebakuglobal | 0 | 67,016,615 | 100% | ||
anderhart | 0 | 341,173,525 | 100% | ||
gozben24 | 0 | 133,943,316 | 100% | ||
acryptoelite | 0 | 471,829,626 | 100% |
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author | jackson.kontny |
---|---|
permlink | re-usechain-birthing-a-flawless-and-uniquely-functioning-blockchain-system-20180724t232636 |
category | cryptocurrency |
json_metadata | "" |
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