HitChain Community Announcement
In only 50 years, the Information Technology revolution has profoundly changed the way we work and live. Wave upon wave of productivity growth has been fueled by technological breakthroughs brought forth by the computer, software, internet, mobile internet, cloud computing, big data, IOT and now the Blockchain. We are standing on new ground, an inter-connected world never experienced by humans before. Millions of software developers and computer programmers around the world with billions of lines of source code are undoubtedly the biggest contributors to these great advancements. While the code created by these developers has benefited many, far too few developers have been able to be properly rewarded for their efforts. The initial capital investments required to build a software business have prevented many developers from being the true beneficiaries of their own work.
HitChain is a decentralized and collaborative community built to value developers’ works with a transparent credit system using blockchain technology. It is a community of the developers, by the developers, for the developers. HitChain provides a platform for developers to automatically redeem the value of innovation and creativity with compensation (currency value) and privileges (currency right). The self -governed system will guarantee that each member has the responsibility and right to participate in community decisions.
HitChain community and the platform it runs on will embrace autonomy, democracy, transparency and fairness without any third-party intermediaries or centralized supervision. HitChain members will be among the first developers to recognize the full value of their efforts.
This white paper lays out a summary of the HitChain implementation plan and related algorithms. As developers who have great faith in our own kind, we invite you to join us in making this long-awaited dreamland a full-fledged reality.
HitChain
