https://pbs.twimg.com/profile_images/816948404857274369/HLzD1hyI.jpg So what makes Ubiq more special than other cryptocurrencies ? Well the first reason is the fact that they will use a stable and proven branch from the older ethereum network code to guarantee the users that wants to implement their technology a hassle free experience. The second reason is Ubiq won't change its code drastically(a few minor patches) so that the businesses using their blockchain technology won't have to adapt to a new program every single time an update comes out which will help to get even more potential investors. The third reason is how the blocks will be mined (using a proof of work method) and rewards processed. Ubiq will have a block reward of 8 ubiq per block which will get less each year (+- 1 ubiq less) to battle inflation and keep the price of Ubiq stable, now the mining of Ubiq. The team implemented a slower block time(88 sec instead of 60) to keep the DAG file size smaller over a long time which will allow even 2 gigabyte Graphic cards to mine it for another 6 years (maximising your investment on your Gpu's). https://steemitimages.com/0x0/https://upload.wikimedia.org/wikipedia/en/thumb/e/ec/Dag_growth_size_UBQ_vs_ETH.png/220px-Dag_growth_size_UBQ_vs_ETH.png This is a very summarised version of why I believe Ubiq can be better than Ethereum but if you are interested here are the links to their website : https://ubiqsmart.com/ and https://en.wikipedia.org/wiki/Ubiq and a video explaining Ubiq <iframe width="672" height="378" src="https://www.youtube.com/embed/yUQ3z9PZunA" frameborder="0" allowfullscreen></iframe> have a nice day ;-)
author | dcs5 |
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permlink | why-ubiq-could-become-become-a-better-ethereum |
category | cryptocurrency |
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Thanks for the info on UBIQ!
author | contentguy |
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permlink | re-dcs5-why-ubiq-could-become-become-a-better-ethereum-20171007t184636857z |
category | cryptocurrency |
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Enjoy your day mate.
author | redeyes |
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permlink | re-dcs5-why-ubiq-could-become-become-a-better-ethereum-20171007t184313387z |
category | cryptocurrency |
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