icon - UMI
UMI UMI
+ 0.07%
$ 0.00183834
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
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    UMI
    $ 0.00183834
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    0 UMI
    + 0.07%

UMI. Price of cryptocurrency: $ 0.00183834

There are people in this picture UMI is a payment network with an open source code. You can make almost instant and free transactions around the world. There are people in this picture UMI is a fully featured platform that supports the creation and execution of smart contracts. There are people in this picture UMI is based on a smart contract and issued via staking. There are people in this picture There are people in this picture All transactions are transparent and can't be canceled or forged. There are people in this picture There are people in this picture The Proof-of-Work (PoW), Proof-of-Stake (PoS), and their derivatives are used by most of the other cryptocurrencies. There are people in this picture The path UMI chose was completely different. The innovative Proof-of-Authority (PoA) technology is the heart of the network. There are people in this picture The main problems of the PoW and PoS are not addressed by the UMI.

New blocks are generated by master nodes.

The network checks the blocks for correctness and rule out forgery.

There are people in this picture There are people in this picture There is no chance for anyone to connect to the master nodes and influence their work because they don't know where they are. To avoid the creation of a single point of failure, the master nodes are distributed throughout the planet. An attempt to create a block is rejected by the network. There are people in this picture The possibility of fraud and hacking is completely eliminated by PoA. There are people in this picture What makes UMI unique? There are people in this picture The initial PoA model does not imply forging or mining since users are not allowed to create new blocks for security reasons. It's a good thing that there is no need to purchase powerful equipment or install special software. Users can't be encouraged to maintain network performance. There are people in this picture The UMI network uses an improved version of this technology which uses its advantages while also eliminating its drawbacks. There are people in this picture There are people in this picture The UMI has advantages. There are people in this picture Transactions are almost instantaneous. The UMI network has a bandwidth of up to 65,536 transactions per second. This is several thousand times larger than the digital currency. There are people in this picture Both safety and reliability. UMI is protected from hacks, leaks, unauthorized changes, 51% attacks, Nothing-at-Stake, third-party interference and other vulnerabilities. There are people in this picture Support for smart contracts. There are people in this picture The rate of taking is based on a smart contract. Each UMI user can either create their own staking structure, or join an existing one and multiply their coins at a rate of 40% per month. Only the user has access to UMI coins and they are not locked for staking. There are people in this picture More about UMI advantages were written by the leadingcryptocurrencies. There are people in this picture The umi-blockchain-ecosystem-of-instant-visa-like-payments has zero fees. The umi-blockchain-ecosysteminstant-transfers-smart-contracts-and-profitable-staking is a topic that is covered by thebitcoinist.com. umi-blockchain-ecosystem-instant-transfers-smart-contracts-and-profitable-staking Bitnovosti is a website where you can find information on various topics. The Decenter has a website called "blokchein-ekosistema-umi." There are people in this picture UMI was created by someone. There are people in this picture An anonymous and completely independent development team created UMI at their own expense. The creators of UMI are not known. This is done for the network to be free of interference. There are people in this picture Future plans and ongoing development There are people in this picture UMI is entering the market at the moment. There are people in this picture Uni swap (Ethereum) is available on the app. PancakeSwap (Binance Smart Chain) is on exchange. QuickSwap (Polygon) is on the quick swap.exchange. The address is TDH9sTjrxgrL8oogwMYw4Lq8UK25pTfp3d and the type is swap. There are people in this picture