e-Chat : Investing in The Technology of Future



More and more often e-Chat attracts the attention of the world's media, famous media people and the increasing number of users. Recently, the messenger got in sight of one of the world's largest international financial news agencies - The Reuters, which officially recognized e-Chat as a technology that could change the future! And indeed it is!

e-Chat is unique for a number of reasons. It is a decentralized multifunctional platform that is greatly appreciated at numerous conferences thanks to its secure algorithm, reliable encryption and an incredibly user-friendly interface. These qualities and other useful properties (for instance, the ability to earn money with the help of "cryptolikes") made our product a real boom on the crypto market.

Specially for you, we have prepared a detailed step-by-step instruction on how to become the owner of e-Chat tokens in a short time! If you haven’t bought ECHT at a bargain price yet, you have to hurry, as you still have some time to invest in the technology of the future.

e-Chat

e-Chat is the world’s first multitask messenger built with a decentralized technology in mind. A beta version is available for download and testing in App Store and Google Play right now. Of course, we do expect a few possible imperfections within the current system at this point, all of which will be addressed in future reiterations.

e-Chat incorporates all the best:

  • Awesome Messenger (chat, audio, and video calls)
  • Personal Finance (receive, transfer and exchange money using integrated multi-currency crypto-wallet or attach your credit card to pay for goods and services)
  • Best viral content
  • Ultimate Privacy and Security
  • Great Sustainability

Our goal is to create a methodology of communication which does not depend upon servers online or government decisions. We provide a high level of privacy and best security for your data, at the same time, offering the most convenient functions for the community.

Architecture and Technology


The transfer of messages in classic messengers is carried out according to
the principle «client-server-client»:

This technology undoubtedly has its advantages: quick search of users on a single database, storage of correspondence and synchronization between all devices of one user, service for transfer and storage of files, quick connection even if clients work through NAT.

But in certain cases, the pros become cons. The storage of correspondence and data about users on the servers of the service jeopardize the confidentiality of this data. Data and correspondence can reach third parties as a result of server hacking, can be disclosed by the owners of the service at the request of government agencies or special services, and can simply be available to the employees of the service.

The core of the e-Chat messenger is the concept of decentralized messaging. This concept lies in creating an instant messenger, which will ensure the anonymity of users, confidentiality of correspondence and the absence of a single point of failure.

E-Chat Application

The e-Chat application is a decentralized messenger with a built-in lightweight purse for BTC, ETH, ECHT tokens and any other ERC20 compatible tokens.

E-Chat Application, Messenger Functionality

e-Chat messenger embodies the concept of peer-to-peer (P2P) interaction. In P2P networks, clients are connected for data transmission directly, outside the servers.

DHT

DHT is a protocol allowing P2P network clients to find each other without using a tracker (a server that has information about IP and TCP / UDP ports at which a particular client is available). Customers with DHT support form a common DHT network and help each other find members of the network. To speed up the search for interlocutors, tracker servers (e-Chat trackers) can be used, their use increases the performance of the DHT network, but is not mandatory.

The installed direct encrypted channel is used to:
  • transmit text messages;
  • make audio and video calls;
  • send control messages between e-Chat applications of interlocutors, for example, the details of the transfer of files over IPFS;
  • exchange additional public keys by means of which the e-Chat applications of the interlocutors will encrypt the transferred files and offline messages until the next connection (and, accordingly, the generation of a new key pair);
  • coordinate special names (paths) in IPNS (IPFS subsystem for addressing dynamic content), which will publish offline messages until the next connection.

IPFS

IPFS (InterPlanetary File System) is used in e-Chat for the following purposes:

Exchanging files between users.

The file to be sent is placed in IPFS, the recipient receives a link for downloading it from IPFS via the main direct encrypted connection. If necessary, the file can be encrypted.

Saving undelivered messages.

P2P interaction is possible only if both users are online and a network connection is established between them. Taking into account that, for the purposes of decentralization, a server that cannot store undelivered messages for offline recipients, IPFS is used for this purpose. The message, which must be delivered offline to the interlocutor, is encrypted with a previously agreed key and placed in IPFS. The recipient, when exiting the network using the IPNS subsystem, verifies the receipt of offline messages according to the paths agreed in advance with each other in IPFS.

Permanent storage of correspondence.

All correspondence is stored only in the e-Chat application. If you need to back up the correspondence or synchronize it on several devices, you need to use the corresponding option of the e-Chat application -in this case the correspondence will be encrypted and stored in IPFS for a given period and particular users.

e-Chat IPFS Nodes

e-Chat IPFS nodes are the nodes of the IPFS network, the task thereof is to ensure the long-term storage of data published by e-Chat users in IPFS. The peculiarity of IPFS is that the data published in IPFS is not replicated to other nodes automatically. A copy of the file on the other node appears when the node has downloaded this file, and from that moment the file will be available if at least one of the two nodes is available. The most popular files will have more copies. If the file was published by one node and the node is offline, then such file will be unavailable.

e-Chat API and e-Chat Web Portal

The application of user and chat identifiers described above provides complete anonymity of correspondence. However, e-Chat is not limited to the identifier mechanism, which involves the transmission of its identifier in an alternative way (for example, via email). To create public (searchable) accounts and public chats (channels), the e-Chat API is used. In your account settings, you can choose whether to be anonymous or public. In the latter case, account information will be stored by the e-Chat application on the server via the e-Chat API. A public account can be associated with a classic nickname, an email address will be available through the built-in search application. 

Registration of public accounts and access to them is also possible via the e-Chat web portal.

E-Chat Application, Wallet Functionality

The e-Chat application will contain a built-in lightweight wallet that will allow you to safely store and transfer BTC, ETH, ECHT tokens and any other ERC20 compatible tokens.

Operations with cryptocurrencies and tokens will be available both between e-Chat users (by their ID or nickname) and with the native addresses of Ethereum and Bitcoin.

3 round ICO live now!



Benefits for ECHT Cryptocurrency Holders

The above statistics, an active marketing strategy and an affiliate program create the prerequisites for a rapid growth in the number of users of the e-Chat messenger. With the increase in the number of users, there will be a growing demand for ECHT token, which is used in the messenger for the following purposes:

  • payments for copyright content and access to paid channels;
  • rewarding authors through «cryptolike»;
  • payment for some e-Chat functions related to infrastructure costs.

The ECHT token issued in a limited amount on the basis of Ethereum platform and complies with the ERC20 standard. Support of this standard ensures compatibility and ease of integration of the token with different services (wallets, exchanges, etc.). The Ethereum platform completely supports the concept of decentralized applications thanks to built-in Solidity language for writing smart contracts that will be used to implement a number of functions in the e-Chat messenger.

After the ICO completion, the token will be listed on the largest cryptoexchanges. Thus, the liquidity of the ECHT token and growth in its value will be provided by the demand from the growing e-Chat audience and the possibility of trading on crypto-exchanges.

Public Sale

The creation and issue of e-Chat coins is done through the ICO (Initial Coin Offering) in Q4 2017. The investment goal is $300 million.

This amount is justified by the fact that in 2017 the messenger market has 3.5 billion users and all popular messengers have a common problem of monetization. e-Chat creates a new integrated model that allows users to use all the functions of the messenger for free and at the same time to earn money or make purchases. Thus, we create an infrastructure that allows us to effectively monetize the project. It includes sites for: communication, streaming, blogging, financial transactions, data transfer, telephony, integration of mobile games and applications.

Token Sale (distribution)

Token distribution phase #1 Pre-ICO
Start date: 16th of October 2017 (12:00 PM London Time, GMT-0)
End date: 15th of November 2017 (12:00 PM London Time, GMT-0)
e-Chat tokens distribution cap e-Chat (phase #1): 5,000,000 ECHT
Currency accepted: ETH, BTC, LTC, ZEC, BTS
Token exchange rate: 1 ECHT = 0.7 USD
Amount of tokens per one person: unlimited
Minimum transaction amount: $10
Maximum transaction amount: unlimited

Token distribution phase #2-8 ICO
Start date: 16th of November 2017 (12:00 PM London Time, GMT-0)
End date: 15th of February 2018 (12:00 PM London Time, GMT-0)
e-Chat tokens distribution cap (phase #2-8): 295,000,000 ECHT
Currency accepted: ETH, BTC, LTC, DASH, ETC, BTH, BTG
Amount of tokens per one person: unlimited
Minimum transaction amount: unlimited
Maximum transaction amount: unlimited

Token distribution phase #2 ICO round 1
Start date: 16th of November 2017 (12:00 PM London Time, GMT-0)
End date: 15th of December 2017 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 0.75 USD

Token distribution phase #3 ICO round 2
Start date: 16th of December 2017 (12:00 PM London Time, GMT-0)
End date: 30th of December 2017 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 0.8 USD

Token distribution phase #4-8 ICO round 3
Start date: 8th of January 2018 (12:00 PM London Time, GMT-0)

Token distribution phase #4 ICO round 3
Start date: 8th of January 2018 (12:00 PM London Time, GMT-0)
End date: 15th of January 2018 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 1.05 USD

Token distribution phase #5 ICO round 3
Start date: 15th of January 2018 (12:00 PM London Time, GMT-0)
End date: 21th of January 2018 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 1.125 USD

Token distribution phase #6 ICO round 3
Start date: 21th of January 2018 (12:00 PM London Time, GMT-0)
End date: 31th of January 2018 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 1.2 USD

Token distribution phase #7 ICO round 3
Start date: 31th of January 2018 (12:00 PM London Time, GMT-0)
End date: 8th of February 2018 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 1.275 USD

Token distribution phase #8 ICO round 3
Start date: 8th of February 2018 (12:00 PM London Time, GMT-0)
End date: 15th of February 2018 (12:00 PM London Time, GMT-0)
Token exchange rate: 1 ECHT = 1.35 USD



FOR MORE INFORMATION :

Website         https://investors.echat.io/
Telegram      https://t.me/ico_eChat
Twitter          https://twitter.com/e_Chat_ICO


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