Ubiq
| Last updated | 2 years ago |
| Price per UBQ in USD | $ 0.0043520287142079 |
| Price per UBQ in Bitcoin | 0 |
| Volume over the last 24 hours | $ 0 |
| Market cap in USD | $ 185,436 |
| Change in % over the last hour | 0 |
| Change in % over the last 24 hours | 0 |
| Change in % over the last 7 days | 4.53723424 |
UBQ specifications
| Name | Ubiq |
| Symbol | UBQ |
| Minable | Yes |
| Algorithm | Ethash |
| Prooftype | PoW |
| Total coin supply | 36182430 |
| Premine: | N/A |
Coin description
Ubiq is a decentralized platform designed for building and deploying smart contracts and decentralized applications (dApps). It operates on a proof-of-work (PoW) consensus mechanism, utilizing the Ethash algorithm to ensure fair mining accessibility. Ubiq emphasizes stability, security, and ease of use, making it suitable for developers and businesses.
Ubiq Smart Contract Development
Ubiq's architecture supports features like Turing-complete smart contracts, decentralized exchanges, and custom tokens. Its emphasis on compatibility with Ethereum's ecosystem allows developers to port dApps and tools seamlessly. For example, businesses can use Ubiq to create scalable applications without worrying about congestion or high fees.
One of Ubiq's strengths lies in its focus on long-term sustainability. By maintaining a predictable monetary policy and stable network upgrades, it fosters trust and reliability among its users. Keywords like Ubiq smart contracts and Ethereum compatibility are closely tied to this project.