What is United Bitcoin?
United Bitcoin (UBTC) is an intentional hard fork of bitcoin, setting off to address bitcoin's scaling issue through its new chain onwards from block 498777. The cryptocurrency is supported by ex bitcoin Core engineer, Jeff Garzik. The project's vision is to add support for innovative technologies such as atomic swaps, the lighting network, smart contracts and using a quantum computing resistant algorithm. The project has been criticized for giving too much power to the central organization handling the project. The creators of the project thought of giving themselves access to coins that were stored in so called "inactive" addresses after the fork, purportedly to support future developments.
Fundamental Cryptocurrency Data
|Network Hashrate||95270.36 TH/s|
|Circulating supply||17,166,650 UBTC|
|Total Supply||21,000,000 UBTC|
|Trading volume of all markets for this coin||$23,913|
|United Bitcoin UBTC Prices||
0.01 XAU (= 0.28) grams GOLD
0.69 XAG (= 19.56) grams SILVER
|Marketcap|| 25,929 BTC|
4,307.20 kg gold
337,714.72 kg silver