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UnitedBitcoin’s vision for the future of digital currency
UnitedBitcoin is a digital currency that builds on the best pressure-tested aspects of leading cryptocurrencies.
UB smart contracts are Turing complete and provide rich statefulness. Unlike other smart contract technologies that require using their own programming languages with certain limitations, UB is dedicated to making smart contract programming accessible and easy by supporting generic programming languages including C#, Java, Kotlin and LUA.
As UBTC continues to ride the waves of the crypto market, we are launching a new stable coin that will be pegged to the US dollar at a 1:1 ratio for those in the community who are calling for something more reliable and transparent. The first stable coin will be known as “UUSD.”
The stable coin will be audited by a global third-party firm to ensure complete transparency regardless of everything being viewable on the blockchain.
Of utmost importance, the stable coin shall be 300% collateralised at all times by UBTC. i.e. for every 1USD issued, there will be 3USD collateral in UBTC. Over time the collateral may change but the ratio of the collateral is not intended to be below 300%.
Symbol:UUSD
Block Speed:10 seconds
Consensus mechanism: DPOS (delegated proof-of-stake)
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A cryptocurrency exchange is a service for changing digital currencies, such as Bitcoin, Ethereum, and more, to fiat (paper) currencies or for other digital currencies. At Coinmama, you can exchange your fiat currency, such as dollars or Euro, for several cryptocurrencies. You can also exchange your Bitcoin for fiat.
Before creating your first order, we need to know a bit about you. As a financial service, Coinmama is committed to the highest security and privacy standards. This also helps us keep your account safe, fight fraud, and more. The process is called verification and is something everyone must go through before buying cryptocurrency anywhere. After submitting your details for verification, we’ll then quickly go over it and make sure everything looks good. This usually happens within the hour.
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