Jul 25, 2018
Introduce a brand-new consensus mechanism, Randomized Proof of Work to perfectly balance high performance and strong security, and apply multi-level authentication and encryption mechanism, Zero Proof, Identity Virtual Machine (IVM), Identity Network Sharding (INS), Identity Transaction Sharding (ITS), Enhanced Smart Contract, and other innovative technologies to create a new generation of Blockchain, leading Blockchain 3.0.
Setting the enabling identity as the core ideal, Usechain intends to construct a brand-new blockchain commercial mode based on MIP as well as a multi-layer technical reconstruction at the bottom layer of blockchain, which is far more superior to the traditional modes in the current blockchain industry such as “identity data economy” and “identity credit model.” Usechain will be able to support the decentralized inclusive financial services. By virtue of the personalized identity token, it will realize a seamless connection between the real world and digital world as well as the identity tokenization of individuals, organizations, and even assets; it supports high-performance decentralized exchange, and the value of any forms in the ecosystem can be circulated and operated with extremely high efficiency; it will also provide each individual with a precise, convenient, and real-time on-chain Wall Street financial service.
Hardware-Based Performance Improvement;
Privacy-Protected Identity Application;
Boundaryless Identity Ecosystem;
Top Business School Supported.
Usechain is dedicated to developing a public chain based on mirror identity, establishing an ecosystem based on identity public chain, promoting the implementation of all sorts of blockchain applications that links blockchain addresses to verified real users, and realizing close integration between social credit, infrastructure, and commercial use. Through the Mirror Identity Protocol(MIP), based on zero-knowledge proof, we can realize separation of identity certification from identity information, enabling the identity chain to have the same privacy and security level as anonymous public chains, while realizing the mirror identity between the address on the chain and the identity of persons off the chain. By fully utilizing the mirror identity information, on the one hand, we can significantly improve currently existing blockchain algorithms such as network sharding algorithms, consensus algorithm, virtual machines and so on, and on the other hand, we can provide functionalities that existing anonymous blockchains do not have, such as one-person-one-vote, address penalties, etc., elevate the procedure performance of the blockchain itself, enable the blockchain itself to handle commercial usage on a large scale, and wield enormous commercial value.
Attention. There is a risk that unverified members are not actually members of the team
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