About HitChain
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.
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x7995ab36bB307Afa6A683C24a25d90Dc1Ea83566 |
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Time | Price | Change |
|---|---|---|
Today | $0.00000012 | NaN% |
1 Day | $0.00000012 | 0.00% |
1 Week | $0.00000012 | 0.00% |
1 Month | $0.00000012 | 0.00% |
1 Year | $0.00000264 | 0.00% |
FAQ
HitChain is a decentralized developer autonomous community developed, by the developers, for the developers. It is built to value developers' works with a transparent credit system using blockchain technology. This platform seeks to offer developers to automatically redeem the value of innovation and creativity with currency value and currency right. Being a self-governed system, the platform aims to make sure that each member has the right to participate in the community's decisions.
HitChain is a decentralized platform that seeks to embrace autonomy, democracy, transparency, and fairness without any third-party or centralized supervision. HIT token is an Ethereum-based ERC-20 token. ERC-20 can be traded for HitChain Token (HIT Token) at a one-to-one ratio once HitChain is operational.
The HitChain platform came into existence when it was observed that most hardworking developers could not earn from their contribution. Open-source is revolutionizing the software industry, and more and more companies such as IBM and Google are adopting this field. Open-source developers are the main force behind this movement. Even after all this, the developers are still at the farthest end in the value chain of the tech industry.
As per the whitepaper of HitChain, the open-source communities provide developers with tools or space for their work. Although, they still don't represent the developer's interest as they are profit-driven enterprises. Thus, HitChain comes into a picture that seeks to offer a more dynamic, democratic, and autonomous open-source ecosystem. The term HitChain is derived from Git and blockchain. Git is the open-source distributed revision control system.
The overall architecture of HitChain seeks to include four core components:
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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