BLOCKCHAIN

EverChain is a permissionless POS blockchain that is decentralized, yet fast and cheap. A separate “IDChain” is a POA in which no entity is an authority, thus providing privacy and user-control. The IDChain provides pointers to credentials in distributed storage, empowering users to granularly share identity elements. The separation enables privacy on transactions (no metadata collection), and facilitates the bare minimum of data attached to a transaction in the case of regulated financial transactions. Users can access financial services via a service provider, EN, which leverages a combination of a “RegChain”, a POA chain, and EverChain. A user can share the minimum legally required information for a given regulated service. Click here for more information on how to become an EverChain Validator.