The number of higher educational institutions of the USA such as MIT, Stanford University and the University of California at Berkeley have focused jointly on the development of its cryptocurrency, called.
The creators of virtual coins expect that their cryptocurrency will be able to handle thousands of transactions per second and bandwidth will pass the market leader.
The project was initiated by Distributed Technology Research (DTR) non-profit Foundation, supported Pantera Capital Management LP, where the strongest scientists conduct research in the field of blockchain technology.
The developers of cryptocurrency are going to solve the problems of the BTC, including low scalability of the blockchain. The creators of the Unit-e declare 10 thousand operations per second (more than they allow Visa — about 1700/s) against a maximum of 7 BTC and 30 at ETH.
As a solution, the Professor intends to use sharding is a method where each node stores only a part of the network.
As a base, is selected a Proof of Stake algorithm, which will avoid delays and will provide maximum transaction speed. The team intends to use advanced solutions and the most effective protocols for the creation of Unit-e.
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