USECHAIN INTRODUCED NEW BLOCKCHAIN

lekato (12)in #ico • 6 years ago

Introduction and adoption of blockchain technology over the years have proven to be an excellent one which has really helped in solving one problem or the other. Adoption of blockchain technology has really brought lots of improvement wherever is been applied. A lot of business organization and entity have been trying to introduce blockchain technology into their various businesses like healthcare, agriculture, education, transportation and the rest of the sectors which this makes it an urgent matter to rectify all issues associated with blockchain before the worldwide adoption of the blockchain. I could remember how transactions were been made before the invention of blockchain technology which this was nothing to write home about.

Another issue associated with blockchain is the fast Increase In the size of the blockchain. Blockchain stored lots of transaction history which makes the storage increases in size reducing the available space everyday transaction is been made. With few adoptions of blockchain technology now, I imagine how difficult transaction would be if there is worldwide adoption.

There has been the introduction of blockchain version 1, Blockchain Version 2, and now version 3 through the introduction of usechain.
Lots of issues are been associated with the first blockchain which includes scalability issues, which includes the limits on the quantity of transaction which bitcoin network can handle at a time. There have been several attempts to rectify this issues but all effort amount to nothing.

Another issue has been slow transaction confirmations. This has been a big issue in the world where people expected the transaction to be done within seconds and confirmed faster without any delay. If people are to adopt blockchain version1, all the issues associated with version 1 need to be solved. Blockchain version 2 is little faster than version 1 in terms of the transaction but yet to solve the problem it was designed to rectify. These and many more issue is what has makes the worldwide adoption of blockchain to be slow. But with the introduction of Usechain which is another version of the blockchain, every issue associated with version 1 will be rectified.

Another thing to consider about the existing version of blockchain is energy consumption which keeps increasing every day as transactions are been conducted. If this problem of energy consumption continues, there may not be enough energy available for blockchain to use in some years to come
Despite all these issues identified, blockchain cannot be underrated or overlooked because it has contributed to the development of many sectors. All that it's needed is just improvement and adjustment, which this is exactly what this new blockchain ( https://www.usechain.net ) has promised.

Usechain

This is a new blockchain that will rectify all the previous issues and difficulties associated with the previous one which includes solving issues of privacy, scalability, and security. Scalability has caused a lot of problem because of lack of control over the blockchain network.

https://www.usechain.net has been the first blockchain to allow anonymity and identity balance, performance and security balance, and also technology and application balance

Token Distribution

Total volume of 20,000,000,000UST, 45% of the token has been allocated for token sales, 5% has been allocated for marketing and partners which makes it 6% with bounty inclusive, 20% has been allocated for community reward, 15% has been allocated for technical community reward, 15% has been allocated to core team

Roadmap
Avery good stages and steps have been laid down for the success of the project

Team
The usechain team has been a group of an individual working together for common goal and objective. The profile of every team members has explained a lot about them.