USECHAIN: UNIQUE FEATURE OF RANDOMIZED PROOF OF WORK (PROW)

ebakuglobal (26)in #usechain • 6 years ago (edited)

INTRODUCTION
Since the creation of Bitcoin in the year 2009, the block chain technology have really experienced exponential development. Major innovative ideas have emerged by the aid of Bitcoin and Ethereum. The idea like decentralized currencies and that of Smart Contracts have being inculcated into the world of block chain technology.
The idea of digital currencies industry have really made the entire society to be on their own without any intermediaries and also to be sure of great security during transactions.
The threats to this serious development which has brought a lot of limitations to the blockchain technology industry has been inefficiency, poor scalability and that of technical issues.

All the security systems put in place not withstanding, there is 80% possibility of cyber hackers attack and hacking of those precious personal information. These can still happen with all the heaven and earth assurance promised by those systems. This is how far our data online are not safe or secured at all. What is bringing all these deficiencies is because the traditional system is centralized. This is really an urgent issue which requires immediate attention.
Among all other sector, it's the financial system that is mostly affected simply because its all about online transactions.

Those who are into crypto trading big time can never have any peace of mind both day and night because of lack of security in their provided data and information.
The ongoing mentions threats and predicaments is leading to crypto traders and investors to seek for a permanent way of eradicating these problems so that the data of people will no longer be stolen by hackers.

The unique thing about this innovative blockchain system is the efforntry to bring a decentralized system.
In spite of all these opportunities and benefits provided by blockchain technology, there are still some outstanding iota of fear in the mind of online traders and investors.
You might ask, what could that be? Yes!
The needed improvement on the existing or current blockchain technology is what give birth or what lead to the emergence of USECHAIN.
The goodness is that USECHAIN is finally here to bring betterment and improvement to the system.

Furthermore, everything with advantages always comes with another side to it. What I am saying in essence is that the blockchsain technology is overloaded with so many new projects coming up on a daily basis which bring about slowness on the sysyem, minimizing its effective operations.
This again orchestrated the idea of USECHAIN as an alternative blockchain technology to handle the dialema.

WHAT IS THEN USECHAIN?
Considering the traditional technologies in blockchain industry, USECHAIN happen to be the first public block chain which is actually built on Mirror identity protocol and not only so but also integrated with multi-level innovations in technologies.
In comparison with the existing mainstream public blockchain, such as Bitcoins, Ethereum, and EOS, USECHAIN, handles predicaments trinity among scale, security and that of decentralization.

See diagram below of PROW POW POW FPOS

By way of further simple definition, Usechain is a decentralized platform that perform the same function as Blockchain technology but in a more efficient way.
Usechain is recognized as the first platform to use the mirror identification technology.

Its worthy of note that USECHAIN has a very unique features called (RPOW) which is Randomized Proof of Work which make it more effective than blockchain technology. This provides full security of personal data and information online. This indeed is a great relief from cyber hackers. At last, the long awaited lasting solution to the existing blockchain industry has finally come.

USECHAIN being the first platform to use mirror identification technology prevents malware in the process of user authorization which give users temerity and audacity to peacefully save their personal information online because this system comes with a very high reliable protection.

In the same vein, with the aid of USECHAIN, users are permitted to verify their applications in a very quick moment meaning there is total removal of delayance associated with the existing system.

HOW DOES THIS WORK?

In achieving the reason for the emergence of USECHAIN,
the use of some algorithm that will solve various predicaments associated with blockchain technology have to be in place.

This how it works, USECHAIN integrates some algorithms that is in line with USECHAIN’s user protection, developed multi-level authentication.
See this mechanism or the way the USECHAIN uses the algorithm

Randomized Proof of Work (RPOW)

Zero Knowledge Proof

Identity Virtual Machine (IVM)

Advanced Smart Contract

Identity Network Sharding (INS)

Identity Transaction Sharding (ITS)

EVAULUTION OF USECHAIN PROFESSIONAL TEAM

The team of Usechain with their years of experience and experties will bring this project to a safe landing.
See graphic below: