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Back in Jan 2018, Ultrain made a video of Ultrain Chief Architect interview, discussing these questions: Ultrain Chief Architect, Yufeng Shen’s introduction. Why did he join blockchain movement? Why did he choose Ultrain? What’s Ultrain’s advantages, what problem it’s solving and better than the others? Check it out now! https://youtu.be/f8vAFUc-VRM
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July 30, 2018, Ultrain, the next generation public-blockchain technology venture that was supported by Morningside, Bluerun Ventures, Aplus Capital and DraperDragon, announced that it has again raised a $20 million at 200million USD valuation from global top venture capital firms and crypto funds, including Danhua Capital (DHVC), Sky9 Capital, FBG Capital, Ceyuan Venture, 8 Decimal Capital, ANMI, NGC Capital, Arrington XPR Capital, CPC Capital, Noris Capital, Du Capital, DFG, Evolution Capital, Bixin Capital, Chain PE ,Consensus lab, Mix Capital, KuCoin, Kosmos Capital, CryptoSA Capital, Sailor Capital, Norther Capital, Bitblock Capital, Spark Digital Capital, CDC Capital and more. Please see the link at: https://medium.com/ultrain-chain/leading-next-gen-public-chain-ultrain-raises-20-million-at-200-million-valuation-66ed8c95f720
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South Korea is a countries highly involved in blockchain. Ultrain is fully aware of the potential with this market. Thus, is now putting emphasis on South Korea as a priority and perceive it as a crucial step in community establishment. Meet Up at Seoul: For more information, please see the articles at: https://bitcointalk.org/index.php?action=post;topic=5092657.20;num_replies=27On the evening of October 25th, Ultrain and Bgogo collaborated a meet up event, 200+ local blockchain professionals and fans participated in the event. A full house event for Ultrain!
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Seoul — December 5th 17:00, Ultrain collaborated with South Korea’s famous blockchain media Blockdaily, together conducted an AMA event in the Korea Telegraph Group. Ultrain co-founder Emma Liao Zhiyu and Chief Cryptologist Husen Wang answered a series of questions online. This AMA event was a success and well received by the Korean audiences! Not only did the event was evaluated by the Korean media as the most active online AMA held in recent times, but it was also highly praised for its high quality dialogue. - For more detail, please read: https://medium.com/ultrain-chain/ultrains-online-ama-event-a-hit-in-korea-aee995bf8604
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Ultrain successfully ran its first official event last weekend in Ho Chi Minh City, celebrating the era of blockchain in the heart of the busy city. Please read the full article at: https://medium.com/ultrain-chain/welcome-to-vietnam-ultrain-88a7682c771cHo Chi Minh City, one of Vietnam’s biggest cities, is a bustling metropolis, full of friendly people, breathtaking landmarks, and tantalizing street food. This is what all travelers dream of — including Ultrain’s energetic CSO, Emma Liao! Emma launched the event to a crowd of local technologists, eager to learn about the cutting edge technology from China, backed up by the Ultrain team.
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Dear Ultrain community members, Thank you all for the overwhelming interest and support for Ultrain’s recent public testnet application. We have received a large number of applications, with candidates applying from all over the world, many of which have a technical background in blockchain. Others have backgrounds in traditional industries, but have demonstrated extreme motivation and passion for Ultrain. Ultrain would like to officially announce our first nineteen successful applicants for the testnet! More details at https://medium.com/ultrain-chain/announcing-initial-participants-in-ultrains-testnet-335f9d6c5683 5766655@***.com 2. 739050848@***.com 3. bigthomsan@***.com 4. yooobuntu@***.com 5. somtam4455@***.com 6. spiritearth@***.com 7. ansqld@***.com 8. a9876543245@***.com 9. yang.liu@***.com 10. shenzhunallen@***.com 11. shanhaimeng2013@***.com 12. manson.wang@***.com 13. ucqwertyui@***.com 14. 785807763@***.com 15. lauravn0904@***.com 16. 822057413@***.com 17. zhouchuang@***.com 18. ironman_uestc@***.com 19. tesirocyt@***.com Ultrain welcomes everyone to continue submitting testnet applications, and stay tuned for more updates from the team! Ultrain Team 2018. December 26th
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Just wanted to point out Ultrain's impressive design philosophy and approach that's capable of resolving for the main concerns faced by both miners and developers.
As the article has summarized, the concerns faced by developers are 1) dilution of computing power, 2)Volatility of token price, 3) Liquidity of mining rigs,
and for the developers they are facing 1) high cost of operation and 2) cost management issue.
Ultrain's design incorporated upfront payment stacking approach and a guarantee rate of return for mining rigs to reduces miner's concern. While offering packaged deal solution to reduce the cost for developers. I personally think those approaches are gonna solve some of the major issues we oftenly see with the major platforms
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Came across this project back in late July or Early Aug. They released their prototype consensus performance back then, what grasp my attention at the time was their TPS, 3000 TPS on AWS seemed good and realistic; unlike chains that promise millions and millions of TPS....... Came cross a youtube review on Ultrain early last week, stating that they have reached 20K TPS, don't know if that number has being confirmed officially or not.
Anyway, looked into their consensus, its breakthrough compare to your POW,POS and DPOS system, but frankly quite similar to Algorand; Speaking of which, i don't get their whole idea of ALTRUISM network........... In contrast, Ultrain redistribute their revenue back to the miners. SO miners ACTUALLY CARE and would like to get their slice of the pie. Overall, this Ultrain thing looks promising to me.
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