[ANN] Usechain - MIRROR IDENTITY TO USE| INNOVATIVE RPOW - page 11.

vothuong1

jr. member

Activity: 238

Merit: 3

Quote from: Usechain Foundation LTD on July 12, 2018, 03:18:41 PM

Quote from: quote17 on July 12, 2018, 02:14:55 AM

#USECHAIN
Private sale or crowdsale?
Thought private sale is over?

Right now is private sale period. Public sale will be in August.

Will there be a significant in price difference between private sale and public sale, if so, how much? when in August is the public crowdsale?

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Quote from: quote17 on July 12, 2018, 01:53:59 AM

#USECHAIN
You should have retured in immedetely... Why takeing tume

Sorry, what do you mean?

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Quote from: quote17 on July 12, 2018, 02:14:55 AM

#USECHAIN
Private sale or crowdsale?
Thought private sale is over?

Right now is private sale period. Public sale will be in August.

quote17

newbie

Activity: 118

Merit: 0

#USECHAIN
Private sale or crowdsale?
Thought private sale is over?

quote17

newbie

Activity: 118

Merit: 0

#USECHAIN
no worries end it now already used my son's college fund to invest in this project

quote17

newbie

Activity: 118

Merit: 0

#USECHAIN
You should have retured in immedetely... Why takeing tume

quote17

newbie

Activity: 118

Merit: 0

#USECHAIN
There is nothing mentioned about ico in your main page why?

quote17

newbie

Activity: 118

Merit: 0

#USECHAIN
Welcome,sir,check the pinned message to get more information about usechain~

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Quote from: B.A.S. on July 11, 2018, 01:55:07 PM

What are problems that will be eliminated through #Usechain? 🤔What make #Usechain different from any other blockchain?🧐Check it out to find the answer!!! Btw, thanks for the high-quality reviews from our supporters!

Hello! Are you trying to share a link?

B.A.S.

full member

Activity: 420

Merit: 117

What are problems that will be eliminated through #Usechain? 🤔What make #Usechain different from any other blockchain?🧐Check it out to find the answer!!! Btw, thanks for the high-quality reviews from our supporters!

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Quote from: dzonikg28 on July 11, 2018, 09:50:31 AM

Quote from: Usechain Foundation LTD on July 09, 2018, 10:03:39 PM

Quote from: dzonikg28 on July 09, 2018, 03:21:35 PM

Quote from: Usechain Foundation LTD on July 05, 2018, 02:05:46 PM

Quote from: dzonikg28 on July 05, 2018, 04:12:53 AM

Quote from: Usechain Foundation LTD on July 04, 2018, 12:15:55 PM

Quote from: dzonikg28 on July 03, 2018, 01:29:26 PM

Quote from: Usechain Foundation LTD on June 26, 2018, 04:13:33 PM

Quote from: dzonikg28 on June 26, 2018, 02:52:37 PM

It's also a dangerous system if someone successfully steals or fakes identity. Unless it can be made impossible to fool the system.

In our system, no identity information is stored on the blockchain. Identities are verified through a third-party certification agency, and then a zero-knowledge proof is used to communicate to the blockchain that the identity is verified without disclosing any identity information. You would need the agreement of multiple actors in order to trace someone's identity from their address, but these actors are bound by contract to only cooperate in situations such as government compliance and to not act maliciously.

I see, so what is the main purpose of your network? Is it mostly about the innovative proof of work?

Besides the use of innovations like RPOW and sharding, Usechain is special because it will be the first public blockchain built on a mirror identity protocol. Through technological innovations and adding the dimension of identity, Usechain will solve the Impossible Trinity and achieve a balance between scale, security, and decentralization. In addition, Usechain's mirror identity protocol supports KYC and government compliance, so the blockchain can provide infrastructure for decentralized apps in various industries that require identity information. Hence, we see Usechain as a leader of the Blockchain 3.0 era, where blockchain can truly be integrated into financial services, sharing economy applications, and more.

At lot of stuff in that one paragraph

As for the mirror identity protocol, does it mean that every user of the network has to disclose ID information to the network while keeping control over it and once ID info is required from an APP or something else, the user can provide that info? Will it be with zk-proofs?

Network users will disclose identity information to a reliable third-party certification agency, but not directly to the blockchain. Communicating identity authentication to the blockchain will indeed be done through a zero-knowledge proof. While there will be no identity information stored directly on the main chain, the interface will contain relevant calls for identity information that support a variety of different requirements for applications that involve identity.

Ok but doesn't that also create a lot of risk if a third party certification agency holds all the ID info of people? Are there ways to abuse that ID info or how will it be tied to the original owner? Just trying to understand the full scope of your protocol.

A secret sharing scheme is used to convert the identity certificate to a public address, so in order to tie a public address to identity information you would need multiple signatures from committee members legally bound not to act maliciously.

That's what I meant, I was sure there needs to be some kind of centralized entity involved. How is the committee formed? Who will be on there and is the committee publicly known?

The committee will be voted in by the community and will be publicly known.

dzonikg28

hero member

Activity: 1106

Merit: 508

Bisq Market Day - March 20th 2023

Quote from: Usechain Foundation LTD on July 09, 2018, 10:03:39 PM

Quote from: dzonikg28 on July 09, 2018, 03:21:35 PM

Quote from: Usechain Foundation LTD on July 05, 2018, 02:05:46 PM

Quote from: dzonikg28 on July 05, 2018, 04:12:53 AM

Quote from: Usechain Foundation LTD on July 04, 2018, 12:15:55 PM

Quote from: dzonikg28 on July 03, 2018, 01:29:26 PM

Quote from: Usechain Foundation LTD on June 26, 2018, 04:13:33 PM

Quote from: dzonikg28 on June 26, 2018, 02:52:37 PM

It's also a dangerous system if someone successfully steals or fakes identity. Unless it can be made impossible to fool the system.

In our system, no identity information is stored on the blockchain. Identities are verified through a third-party certification agency, and then a zero-knowledge proof is used to communicate to the blockchain that the identity is verified without disclosing any identity information. You would need the agreement of multiple actors in order to trace someone's identity from their address, but these actors are bound by contract to only cooperate in situations such as government compliance and to not act maliciously.

I see, so what is the main purpose of your network? Is it mostly about the innovative proof of work?

Besides the use of innovations like RPOW and sharding, Usechain is special because it will be the first public blockchain built on a mirror identity protocol. Through technological innovations and adding the dimension of identity, Usechain will solve the Impossible Trinity and achieve a balance between scale, security, and decentralization. In addition, Usechain's mirror identity protocol supports KYC and government compliance, so the blockchain can provide infrastructure for decentralized apps in various industries that require identity information. Hence, we see Usechain as a leader of the Blockchain 3.0 era, where blockchain can truly be integrated into financial services, sharing economy applications, and more.

At lot of stuff in that one paragraph

As for the mirror identity protocol, does it mean that every user of the network has to disclose ID information to the network while keeping control over it and once ID info is required from an APP or something else, the user can provide that info? Will it be with zk-proofs?

Network users will disclose identity information to a reliable third-party certification agency, but not directly to the blockchain. Communicating identity authentication to the blockchain will indeed be done through a zero-knowledge proof. While there will be no identity information stored directly on the main chain, the interface will contain relevant calls for identity information that support a variety of different requirements for applications that involve identity.

Ok but doesn't that also create a lot of risk if a third party certification agency holds all the ID info of people? Are there ways to abuse that ID info or how will it be tied to the original owner? Just trying to understand the full scope of your protocol.

A secret sharing scheme is used to convert the identity certificate to a public address, so in order to tie a public address to identity information you would need multiple signatures from committee members legally bound not to act maliciously.

That's what I meant, I was sure there needs to be some kind of centralized entity involved. How is the committee formed? Who will be on there and is the committee publicly known?

rikkur

member

Activity: 308

Merit: 10

S O A R https://www.soar.earth/

Quote from: Usechain Foundation LTD on July 04, 2018, 07:16:24 PM

Quote from: rikkur on July 04, 2018, 02:54:58 PM

Hi! Is there any information about when the team plans to unlock tokens and distribute tokens for the bounty participants?

Yes! Tokens are locked until UST is listed on exchanges (mid-August) and bounty tokens will be distributed this week.

Thank you! I liked your bounty campaign-generous awards and good work of managers. I hope that the price of the token will show a good dynamics in August.

onghau

jr. member

Activity: 224

Merit: 5

Cryptonity

Quote from: Usechain Foundation LTD on July 10, 2018, 12:37:44 AM

Check out to see what happened in the past two weeks! Wink

https://medium.com/usechain/usechain-bi-weekly-publication-25-06-08-07-out-now-9af2729e91b2

Can you elaborate more on the community event? How to participate and join Usechain quiz? Do I need a smart phone to participate and time frame?

onghau

jr. member

Activity: 224

Merit: 5

Cryptonity

Quote from: Usechain Foundation LTD on July 10, 2018, 11:13:41 PM

Hey guys, here is a selection of Usechain telegram online AMA on July 9th! Thank you for all your support and we hope all your questions were perfectly answered! Now check this link out to see more details~ Wink

https://medium.com/@usechain/summary-of-usechain-telegram-online-ama-on-july-9th-52f36f12e802

Thank you for sharing the link, lots of great questions and answers from the founders and team, at the moment, Is there any particular app thats going to be built on top of Usechain?

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Hey guys, here is a selection of Usechain telegram online AMA on July 9th! Thank you for all your support and we hope all your questions were perfectly answered! Now check this link out to see more details~ Wink

https://medium.com/@usechain/summary-of-usechain-telegram-online-ama-on-july-9th-52f36f12e802

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Check out to see what happened in the past two weeks! Wink

https://medium.com/usechain/usechain-bi-weekly-publication-25-06-08-07-out-now-9af2729e91b2
https://cdn-images-1.medium.com/max/800/1*-DQZRNcKRBr6wFgSYyey_w.png

lonely_one

newbie

Activity: 29

Merit: 0

Quote from: Usechain Foundation LTD on July 08, 2018, 06:15:16 PM

Thank you! It is not our first Telegram channel, but our first Telegram AMA will start at 10AM GMT+8.

Unfortunately, our bounty program has closed as of right now. However, we will announce a new bounty program format soon, so please check back later!

I wish Usechain team will open new BTT signature bounty next time.

Usechain Foundation LTD

newbie

Activity: 137

Merit: 0

Quote from: dzonikg28 on July 09, 2018, 03:21:35 PM

Quote from: Usechain Foundation LTD on July 05, 2018, 02:05:46 PM

Quote from: dzonikg28 on July 05, 2018, 04:12:53 AM

Quote from: Usechain Foundation LTD on July 04, 2018, 12:15:55 PM

Quote from: dzonikg28 on July 03, 2018, 01:29:26 PM

Quote from: Usechain Foundation LTD on June 26, 2018, 04:13:33 PM

Quote from: dzonikg28 on June 26, 2018, 02:52:37 PM

It's also a dangerous system if someone successfully steals or fakes identity. Unless it can be made impossible to fool the system.

In our system, no identity information is stored on the blockchain. Identities are verified through a third-party certification agency, and then a zero-knowledge proof is used to communicate to the blockchain that the identity is verified without disclosing any identity information. You would need the agreement of multiple actors in order to trace someone's identity from their address, but these actors are bound by contract to only cooperate in situations such as government compliance and to not act maliciously.

I see, so what is the main purpose of your network? Is it mostly about the innovative proof of work?

Besides the use of innovations like RPOW and sharding, Usechain is special because it will be the first public blockchain built on a mirror identity protocol. Through technological innovations and adding the dimension of identity, Usechain will solve the Impossible Trinity and achieve a balance between scale, security, and decentralization. In addition, Usechain's mirror identity protocol supports KYC and government compliance, so the blockchain can provide infrastructure for decentralized apps in various industries that require identity information. Hence, we see Usechain as a leader of the Blockchain 3.0 era, where blockchain can truly be integrated into financial services, sharing economy applications, and more.

At lot of stuff in that one paragraph

As for the mirror identity protocol, does it mean that every user of the network has to disclose ID information to the network while keeping control over it and once ID info is required from an APP or something else, the user can provide that info? Will it be with zk-proofs?

Network users will disclose identity information to a reliable third-party certification agency, but not directly to the blockchain. Communicating identity authentication to the blockchain will indeed be done through a zero-knowledge proof. While there will be no identity information stored directly on the main chain, the interface will contain relevant calls for identity information that support a variety of different requirements for applications that involve identity.

Ok but doesn't that also create a lot of risk if a third party certification agency holds all the ID info of people? Are there ways to abuse that ID info or how will it be tied to the original owner? Just trying to understand the full scope of your protocol.

A secret sharing scheme is used to convert the identity certificate to a public address, so in order to tie a public address to identity information you would need multiple signatures from committee members legally bound not to act maliciously.

cbcbct

member

Activity: 126

Merit: 10

Quote from: Usechain Foundation LTD on July 07, 2018, 11:51:59 PM

Good news! Usechain first telegram AMA will start at 10AM GMT+8 on July 9th! Pls be free to ask everything you want to know about Usechain and Usechain COO Erik Xu will answer for you patiently!!! Wink

Congratulations for the first Telegram channel of Usechain project!
By the way, I would like to ask for information on Usechain bounties.
In the Bounty Topic, the application forms have been closed.
Do I have opportunity to join Usechain bounty, in particular Bitcointalk signature campaign?

Topic: [ANN] Usechain - MIRROR IDENTITY TO USE| INNOVATIVE RPOW - page 11. (Read 20740 times)