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Topic: [ANN] Usechain - MIRROR IDENTITY TO USE| INNOVATIVE RPOW - page 9. (Read 20779 times)

full member
Activity: 322
Merit: 100
Undoubtedly, the project is interesting for investors,authentication is very important in the world of cryptocurrencies,I believe that the project will have a real application in the real world.
sr. member
Activity: 616
Merit: 252
I can not find, what was the price durig ICO? Can somebody help me please. ALso i think this is good project and i want to buy some tokens UST to my portfolio, but i can not find any exchanges! I can not fing UST even at Idex market. Do somebody now what is the situation with exchanges in this project? Thank you.
(p.s. hope, roadmap is still relevant?)
member
Activity: 308
Merit: 10
S O A R https://www.soar.earth/
i think that UseChain team need to change the website due to that template already is a well known one, especially among scam ico's, of course i understand that it is only pics and text and doesn't matter for the project in general, but due to bad associations with that template of the website people could not invest....

There is nothing wrong with their website and template, graphics is excellent, they are trying to build a powerful infrastructure where dapps can be built on top of Usechain!
Judging by the number of tokens sold, the site did not become an obstacle for investors. So I do not see anything wrong with the current website template.
full member
Activity: 462
Merit: 103
i think that UseChain team need to change the website due to that template already is a well known one, especially among scam ico's, of course i understand that it is only pics and text and doesn't matter for the project in general, but due to bad associations with that template of the website people could not invest....

There is nothing wrong with their website and template, graphics is excellent, they are trying to build a powerful infrastructure where dapps can be built on top of Usechain!
full member
Activity: 462
Merit: 103
Usechain is an interesting project and it has already interested many investor and ordinary users. The possibilities of using the platform are quite diverse. You can, for example, use the platform in business projects, apply in financial services. It is also possible to use loans, decentralized crypto-exchange exchanges, etc.

Think team vesting period is like 3-4 years, unlike many other ICO projects, showing their commitment to the project success!
member
Activity: 574
Merit: 12
i think that UseChain team need to change the website due to that template already is a well known one, especially among scam ico's, of course i understand that it is only pics and text and doesn't matter for the project in general, but due to bad associations with that template of the website people could not invest....
full member
Activity: 448
Merit: 232
Usechain is an interesting project and it has already interested many investor and ordinary users. The possibilities of using the platform are quite diverse. You can, for example, use the platform in business projects, apply in financial services. It is also possible to use loans, decentralized crypto-exchange exchanges, etc.
newbie
Activity: 137
Merit: 0
Hello! Why can not I convert tokens into another purse? Are they locked? If thay locked, then when they will be unlocked?

Hello! The tokens are locked until we list on exchanges in August.
newbie
Activity: 137
Merit: 0
Very interested in joining the campaign, must be monitored the future development of Griny

Thank you for your support! Please PM me if you have any questions about how to get involved.
full member
Activity: 546
Merit: 105
Hello! Why can not I convert tokens into another purse? Are they locked? If thay locked, then when they will be unlocked?
newbie
Activity: 140
Merit: 0
Very interested in joining the campaign, must be monitored the future development of Griny
hero member
Activity: 868
Merit: 500
In my opinion, the Usechain team presents us a truly original blockchain project.Plus this development, the fact that the platform is planned to be developed on the basis of the project of a decentralized exchange, where tokens will be sold in the network,I believe that this is very important.I think the project has all the chances to become a unique ecosystem for various decentralized applications in the field of computer games,Finance and social networks.
newbie
Activity: 137
Merit: 0
In my opinion, the Usechain team presents us a truly original blockchain project.Plus this development, the fact that the platform is planned to be developed on the basis of the project of a decentralized exchange, where tokens will be sold in the network,I believe that this is very important.I think the project has all the chances to become a unique ecosystem for various decentralized applications in the field of computer games,Finance and social networks.

Where in the stage of development is Usechain? if successful applications in the field of gaming, finance, social networks,etc...can be built on top of Usechain, it would need a strong powerful infrastructure and its value should increase exponentially

We plan to launch the main net in Q4 2018. A detailed roadmap can be found on our whitepaper at usechain.net. Please check it out if you are interested!
newbie
Activity: 137
Merit: 0
Usechain is committed to developing the  the first  mirror identity blockchain ecosystem by shaping itself into a worldwide platform with a rich variety of application scenarios, the largest communities and the most advanced technologies!
For public sale in early August price will be 1 Eth = 75000 UST. Hope will soon list to exchange!

What would be the price of btc to UST? what was the price of private sale? type of applications going to be built on top of Usechain?

The price is pegged to Ether, 1 ETH = 75000 UST. We believe that Usechain’s design will make it a good platform for building several different kinds of Dapps, including decentralized financial services, sharing economy activities, IoT applications, decentralized exchanges, and more. For example, Usechain will provide efficiency, security, and decentralization in scenarios that require identity-based authentications like bicycle sharing and NFC payments. Because it combines distributed ledger technology and real identities, Usechain can provide financial services and peer-to-peer sharing services with a higher level of credibility and trust.
jr. member
Activity: 238
Merit: 3
In my opinion, the Usechain team presents us a truly original blockchain project.Plus this development, the fact that the platform is planned to be developed on the basis of the project of a decentralized exchange, where tokens will be sold in the network,I believe that this is very important.I think the project has all the chances to become a unique ecosystem for various decentralized applications in the field of computer games,Finance and social networks.

Where in the stage of development is Usechain? if successful applications in the field of gaming, finance, social networks,etc...can be built on top of Usechain, it would need a strong powerful infrastructure and its value should increase exponentially
jr. member
Activity: 238
Merit: 3
Usechain is committed to developing the  the first  mirror identity blockchain ecosystem by shaping itself into a worldwide platform with a rich variety of application scenarios, the largest communities and the most advanced technologies!
For public sale in early August price will be 1 Eth = 75000 UST. Hope will soon list to exchange!

What would be the price of btc to UST? what was the price of private sale? type of applications going to be built on top of Usechain?
member
Activity: 434
Merit: 10
Usechain is committed to developing the  the first  mirror identity blockchain ecosystem by shaping itself into a worldwide platform with a rich variety of application scenarios, the largest communities and the most advanced technologies!
For public sale in early August price will be 1 Eth = 75000 UST. Hope will soon list to exchange!
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
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 Smiley 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.

Doesn't that raise some other risk factors if committee members are publicly known? Could they be bribed?

On behalf of the community, we will ask committee members to sign a legally-binding contract. And there is another committee that knows the link between subaddress and main addresses.

I see, just asking all these questions because often times there are aspects within a system that could be exploited although it hasn't been expected before.
newbie
Activity: 137
Merit: 0
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 Smiley 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.

Doesn't that raise some other risk factors if committee members are publicly known? Could they be bribed?

On behalf of the community, we will ask committee members to sign a legally-binding contract. And there is another committee that knows the link between subaddress and main addresses.
hero member
Activity: 1106
Merit: 508
Bisq Market Day - March 20th 2023
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 Smiley 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.

Doesn't that raise some other risk factors if committee members are publicly known? Could they be bribed?
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