e-Chat: The Decentralized Messenger

Introduction

In a 21st century every individual need an easy and speedy medium to perform any activity related to life or money or business. Because everything is have to complete in a specific time and it is not possible to go everywhere physically. So to complete the daily activities such as transfer of money to business person, to repay the loan, to contact family or loved once, or to send or receive messages or videos etc.

To perform all this activities only one person is not enough, even no one go everywhere at the same time but the technology help individuals to overcome from this problem. Therefore now I am going to explain you about the instant messaging services which help in all types of activities and also it will completed very instantly.

So, Instant messaging Application is a best application which gives freedom to its user to utilize its feature that is to send or to receive family friends or loved one messages with exciting smiles, stickers or to send videos and to exchange business files instantly.

Problems and Solutions

To date, messengers are among the most common applications. This is facilitated by the widespread dissemination of smartphones and Internet access. With every passing day, more and more messengers are appearing on the market. Each messenger has its own audience, and as a result, it is necessary to install dozens of applications in the smartphone to communicate with friends.

Such a variety of messengers is due to the fact that at some point, commercial organizations were able to offer much more attractive communication solutions than existing open standards (for example, SMS). Developers and owners of numerous commercial messengers put commercial gains in first place, and factors such as anonymity and confidentiality of users are of secondary importance. In most cases, commercial messengers have a number of drawbacks:

Centralized management

All correspondence goes through the server of the company owning the messenger, and the company can dictate its rules: block messages on a certain subject or prohibit the transfer of certain files. The company may also be subject to government pressure, and may be asked to disclose users’ correspondence or to impose certain restrictions upon their request.

Centralized architecture

This problem is due to the presence of a single point of failure. On the one hand, it allows to block access to a certain service for the whole country. On the other hand, technical problems on the management servers may lead to unavailability of the service for all or a significant part of users.

No end-to-end encryption

This mechanism could guarantee complete confidentiality of data all the way from the sender to the recipient. In other cases, the data can be opened on the server through which communication is performed.

Connection of phone number

The mandatory requirement of binding a phone number, email or account from another system does not allow anonymous correspondence. And the stored data on user accounts on messenger servers often become the target of hacker attacks. Hackers use this intercepted data for resale or blackmail.

To solve these problems, e-Chat team is developing a multifunctional messenger, the architecture thereof is based on P2P communication, distributed data storage in IPFS and end-to-end encryption. The solution, based on a combination of these technologies, is consistent with the principles of decentralization, confidentiality and resistance to attacks.

About e-Chat

E-Chat is a messenger. Its major difference and advantage from analogs is decentralization and multitasking. The main goal of the project is to give its developers the opportunity to interact with each other, excluding dependence on the functioning and settings of servers and the work of supervising authorities of any state. In this regard, the most important criterion is the guarantee of confidentiality and security of information that is transmitted on the network. At the same time, the application has a clear and convenient interface, as well as a wide range of functions.

In addition to the standard set of functions for any popular messenger, E-Chat has its own unique features. This is the ability to switch between screens (rooms, chats, and channels) using swipe, the use of multifunction bots, as well as the high level of security provided by the end-to-end encryption protocol, access to the program by fingerprint, etc.

e-Chat combines all the best:

Awesome Messenger (chat, audio, and video call).
Personal Finance (receiving, transferring and exchanging money using integrated ones.

Our goal is to create an independent method of communication on online servers or government decisions. We provide a high degree of privacy and the best security for your data, at the same time, offers the easiest work for the community.

The main advantages of messenger are as follows:

Decentralized system of personal data protection.
Multi-currency built-in wallet.
An entirely new experience with content.

HOW IT WORKS?

When you send a message from one user to another, you connect through a P2P connection. If the instant access to data is not required, all information is being stored to the IPFS-based decentralized storage network (DSN). Thus, all user data remains protected from any interference.

For the safety of sent messages and users, following our principle of the Proof of Storage algorithm, there is a place for the distributed storage of information to be kept safe. Users of e-Chat can independently set the time for storing messages.

To secure the operation of the blockchain, e-Chat stores the «URL» of message or file directly to IPFS.

e-Chat is among 5 most secured apps according to the Huffington Post

Great news, e-Chat is spotted by the Huffington Post. We received high rates and joined the line of the most secure apps worldwide. Due to the decentralized nature of e-Chat, you can make sure that no one will be able to view your personal data because we don’t depend on servers. e-Chat is not only an awesome messenger platform. Its built-in wallet enables mobile payments and supports all major cryptocurrencies. We are happy to serve our users, let them stay connected by providing maximum security and privacy of their data.

We would like to remind that e-Chat pre-ICO lasts until November 15, 2017. Our ECHT tokens are free to purchase and if you do that right away, you are granted a 30% bonus (1ECHT = $ 0.7).

Security From E-Chat

For the security of sent messages and users, following our principle of the Proof of Storage algorithm, there is a place for storing distributed information to keep it secure. E-Chat users can set the time for storing messages independently. To secure the operation of blockchain, e-Chat stores «URL» messages or files directly to IPFS.

Features you get from e-Chat

Built-in payment system for contactless NFC and QR payments.
Transfer money and crypto emergency in private messages, conversion of all emergency cryptocurrencies.
Voice, video, chat and channel calls.
Discrete individual / group chats with 100% privacy.
Stream with photo and video content.
Security includes end-to-end encryption, fingerprint input, face recognition, and private key storage for crypto wallet.
Paid channels for bloggers and publishers.
Change appearances for online video calls and broadcasts based on artificial neural networks.
Streaming to the news feed.

Why will e-Chat tokens grow?

1. Grows the number of users

As the number of messenger users increases, the volume of content and information will also increase. Users need more memory, which requires adding tokens from users. This will be a symbolic amount for large amounts of memory, but in the context of millions of users, such requests will be significant to increase token levels in the market.

2. Storage for life

It is possible for the user to purchase an enduring memory volume at a fixed price in the token. By “buying” this memory, the token will be liquidated, which in the medium- and long-term perspective will lead to the deflation process. Reducing the number of tokens in turnover, in addition, will increase the value of token and exchange rate in the market.

3. Mining

Mining under the Proof Replication algorithm occurs by allocating the amount of memory on the hard drive — the more memory is allocated, the higher the probability of receiving a reward.

Tokens Distribution

This amount is based on the fact that in 2017 the messengers market has 3.5 billion users. Moreover, we know that all popular instant messengers suffer considerably from one common problem — monetization. e-Chat creates a new integrated model, allowing for the use of all messenger functions for free, as well as to earn money and make purchases. Thus, we create the infrastructure to monetize the project efficiently. It includes areas for communication, streaming, blogging, financial transactions, data transmission, telephony, integration of mobile games, and applications.