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Author Topic: [ANN] UNIVERSA [ICO] | Blockchain Protocol for Business  (Read 74412 times)
Ratio2112
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December 11, 2017, 03:08:12 PM
 #1081

Does anybody know the max supply for this coin? In the pre-sale 1 billion coins have been distributed, if I read the whitepaper right. I can't find how many coins will be distributed after the token generation event that ended the day before yesterday. They want to distribute other 9 billion coins then, if I'm not wrong, they distributed 2.8 billion coins in the TGE for a total of 3.8 billion coins more or less. Can someone confirm?

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December 11, 2017, 03:45:41 PM
 #1082

Five Advantages of Universa Blockchain over Bitcoin and Ethereum

Universa, a blockchain cryptoprotocol of the new generation, which is much faster and cheaper compared to Ethereum and Bitcoin, launched its pre-ICO on August, 28, 2017.

The inspiration behind the project is Alexander Borodich, a technology investor, the founder and managing partner of VentureClub, the former head of marketing at Mail.ru group, Russia’s largest IT company. Universa presents a number of overriding advantages over Bitcoin and Ethereum blockchains.

1. Universa introduces a new generation unique blockchain technology.

Universa was originally being developed not as a cryptocurrency, but as a distributed system for executing smart contracts. Therefore, the Universa platform does not depend on mining, which results both in high speed and transactions low cost, with a distributed consensus model providing the same level of trust as in the existing blockchain protocols. The consensus in Universa is the consent of 91% of the network nodes. Forging becomes practically impossible at this level of consensus.

2. Universa is 1000 times faster than Bitcoin blockchain.

Universa nodes do not require mining and are responsible for verifying the transactions and smart contracts that customers submit onto the network. Waiving mining opened a way to increase network performance by hundreds of times. The Universa blockchain simple protocol is supplemented by the highly developed declarative and logical language of smart contracts. Such architecture made it possible to reach the speed of 10,000 transactions per second on the network nodes.

3. Transactions in Universa are 100 times cheaper than in Bitcoin.

Due to Bitcoin’s volatile and speculative nature, microtransactions in the Bitcoin blockchain deem economically meaningless. It is not economically reasonable for a business to pay $3,5 for a few cents worth transaction, processed by the network for about 10 minutes, on top of that. Universa make a favorable difference if compared to Bitcoin and Ethereum, by allowing its users to make hundreds of times more transactions per second, and at a very low price.

4. In the Universa protocol, smart contracts are smart indeed, which broadens their implementation in real business significantly. Universa smart contracts are more than applicable for programming all kinds of applications, both intracompany ones and those operating in a public blockchain.

For example:

* Vehicle smart key / CarSharing, attached to the compartment, which creates an owner-vehicle-contract provisions chain. An owner can temporarily associate another key (valet mode, service mode) or hand over all rights to another owner (sale). If GPS system is installed in a car, it is also possible to issue a key that operates within a certain field (valet, service). In such case, a phone or a smart key chain can act as the key;

* Hotel, shopping mall, gym, SPA. Universa smart contract can create a unified room and locker key; SPA and fitness pass card; purchases from vending machines, accessing parking lots, etc. The key can be a RFC Tag as well as a smartphone, with or without NFC. All resources can be limited in terms of time or available credit;

* IoT; smart things for home. Smart contract associates the purchased item with the customer. Universa allows smart things to work together and provides a simple mechanism for managing different users’ rights without Internet access. It also provides an easy mechanism for handling rights over one side to the other at selling transactions;

* Smart home. It allows to associate home with the owners and guests using their ID, to manage roles and rights, and to operate without Internet (provided a special node is installed) after the handover of rights;

* Gas stations, toll roads, parking lots. A phone with the Internet access can operate as a transponder. A customer receives an inquiry to his or her phone through the Internet, when approaching gates, the phone sends a confirmation request or checks the approximate coordinates, and then authorizes a payment;

* Warehouses, transportation, cargo delivery. Smart RFID seals, using QR codes contracts.



5. Universa is real “smart money“.

Business-logic of the bitcoin-blockchain is limited by wallets and their balances. Smart contracts on Ethereum operate with a limited set of metadata. Neither of the two blockhains can cope with simple task of linking a fixed amount of money to a smart contract in the currency required for a specific business at the moment – euro, dollars, or rubles. Universa allows to create and transfer existing currencies as well as the new ones through the contract. Universa provides a gateway for services that automatically accept input electronic documents (electronic money, obligations or agreements, intellectual property, excises, bids on auctions and tenders, id or electronic passports) and creates standard output documents based on the rules and provisions of “smart contracts.” The implementation of Universa makes the transition to electronic commerce very cheap – for example, by using the Universa ready-made communication service, one can buy electronic materials from individuals (for example, photos or articles), trade all sorts of goods, provide loans, exchange or sell securities, and operate with other financial instruments as well. The legal entities receive a convenient tool for working with excises, tenders, auctions, transaction passports, customs declarations. Almost any tasks are conveniently and easily automatized by applications and smart contracts of the new Universa blockchain."


https://news.bitcoin.com/pr-five-advantages-of-universa-blockchain-over-bitcoin-and-ethereum/
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December 11, 2017, 03:52:34 PM
 #1083

Good luck!

I have been watching this project for a long time
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December 11, 2017, 05:00:09 PM
 #1084

Although I dont trust in that McCaffee dude but I guess 50k for BTC is also a lower estimate. It already has settled above 16k. I think 100k for BTC is not far away.

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December 11, 2017, 05:38:44 PM
 #1085

Is this really the official universa group? There is so much spam. I think admin and universa group will inform just in time if they have news for us about wallet/trading and other important things.
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December 11, 2017, 05:39:08 PM
 #1086

Universa needs an telegram group for official announcements where nobody can reply.
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December 11, 2017, 05:40:55 PM
 #1087

I am sure it’s not but will be nice if they knew how to communicate in better way ... I feel bad for the dude here he is from Australia and it’s Tuesday over there .
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December 11, 2017, 05:41:13 PM
 #1088

Speaking of the ICO.. did you guys receive your tokens yet? Because I didn't..
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December 11, 2017, 05:41:33 PM
 #1089

They dramatically changed it on site to 30Mil target.
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December 11, 2017, 05:41:55 PM
 #1090

Haven't been looking in to other icos, only universa.
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December 11, 2017, 06:19:55 PM
 #1091

Speaking of the ICO.. did you guys receive your tokens yet? Because I didn't..

the tokens come in your private bag at universa. but I do not know when. if you log in you should see them later.
I think it will be announced in the next few days.

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December 11, 2017, 09:06:08 PM
 #1092

what do you think another coin that can compare with universa ?
Two of the main competitors are Ethereum and Waves.

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December 11, 2017, 09:53:56 PM
 #1093

I am hopeful in this project, the demand is not very bad, but the promises need to be fulfilled. Because they offer themselves in a very handsome manner. The slightest stumbling block will have a serious effect. But if everything goes well, I think we will see the project nice places in the marketcap.

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December 11, 2017, 11:07:53 PM
 #1094

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Nodes will keep 80% of the transaction fee
, and 20% will go to Universa Corporation
I am a bit worried about this. Will this last forever? What will the money be used for? This goes against everything I feel that cryptocurrencies is all about.
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December 12, 2017, 12:29:17 AM
 #1095

I can't access Universa.io site, is it down right now? Hope for news about the token withdraw  Huh

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December 12, 2017, 01:08:02 AM
 #1096

I can't access Universa.io site, is it down right now? Hope for news about the token withdraw  Huh
Yeah, it's down right now, hopefully it will be back up soon.

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December 12, 2017, 02:50:36 AM
 #1097

Lets wait for an update on the team. I'd imagine site should be back up shortly. Fingers crossed and cant wait for this project to bear fruit.

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December 12, 2017, 03:46:21 AM
 #1098

Lets wait for an update on the team. I'd imagine site should be back up shortly. Fingers crossed and cant wait for this project to bear fruit.

or our seeds were taken by a bear, and there never was going to be a tree or fruit

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December 12, 2017, 03:50:05 AM
 #1099

I can't access Universa.io site, is it down right now? Hope for news about the token withdraw  Huh

maybe many people login website and withdraw  , i think the website is full load. hope team fix this problem as quickly as possible.

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December 12, 2017, 04:58:12 AM
 #1100

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Nodes will keep 80% of the transaction fee
, and 20% will go to Universa Corporation
I am a bit worried about this. Will this last forever? What will the money be used for? This goes against everything I feel that cryptocurrencies is all about.

Can you point me to the source of this info?
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