Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
OR
Please fill out the required fields Please fill out the required fields Please fill out the required fields
Get Into Cryptocurrency Trading Today
Born in the aftermath of the 2009 US recession, the very first cryptocurrency, Bitcoin, didnât only have a dream of becoming a real currency, but also wanted to provide a safer alternative to Wall Street. Originally, it was intended to function as a finance system that did not use intermediaries or compound interest. In other words, Bitcoinâs creators wanted its users to maintain control over their currency.
In time, Bitcoin gained popularity and began to whet the appetites of the investors around the world. Far from being a simple means of exchange, Bitcoin has now become a safe-haven for capital investments, which makes it susceptible to public speculation
Since the inception of Bitcoin, countless other cryptocurrencies have followed in its footsteps and have tried to overcome its shortcomings, while also bringing their own innovations to the world of digital finance.
Among all the cryptocurrencies now available, UbiquiCoin is now making its entrance on the world scene. What makes this cryptocurrency different is that it uses two separate tokens for transactions on the same blockchain. Each token is backed: one is guaranteed by financial assets and the other is backed by the almighty US dollar for a period of two years.
The first is called the Transaction Coin and the other, the Progressive Coin. The Progressive Coin aims to maintain parity with the US dollar so that one Progressive Coin has the same value as one US dollar.
In Ubiquicoinâs network, 20% of all revenue generated by the guaranteed Transaction Tokens are redistributed in the form of Progressive Tokens. The idea behind this is to offer a currency that is free from public speculation. And, this comes as a major advantage in a market that is plagued by constant volatility.
Another interesting facet of UbiquiCoin is its method of redistributing its earnings through proof of majority (POM). This means that all the devices that are part of the networkâs mining operations must vote together to be able to create a new block.
This method of payment is completely different to the more commonly used proof of staking (POS) and proof of work (POW) methods. In the past, both POS and POW have been used by Bitcoinâs blockchain, as well as other cryptocurrencies.
This new proof of majority (POM) has a few interesting facets. The first is the speed at which transactions are validated. Steve Durbin, President and co-founder of Ubiquicoin, explains, âFor ordinary Blockchain transactions, computers busy themselves with verifying complex mathematical equations that increase in difficulty. This process is known as proof of work (POW). When Bitcoin was first created, this was easily accomplished by most home computers. However, over the course of time, the Blockchain got bigger and equations became more complicated and eventually, supercomputers will be needed to validate transactions. In the end, the system falls prey to its own success. Transactions end up taking hours to complete, which makes the currency unsustainable.â
UbiquiCoin launched its ICO on January 16th and the end is scheduled for the 28th of February. The ICO plans to raise an approximately 400 million Progressive Coins (BIQP), whose value maintains parity with $1 USD. Also, UbiquiCoin is backed by Schneider Securities, who are already managing assets valued at an estimated $4,7 billion dollars.
Create a FREE account and...
Manage your own Watchlist
Access all education lessons
Converse with other crypto enthusiasts
Be a part of the Interactive Crypto Community
ALL
TRENDING
WATCHLIST
Total Market Cap The Total Market Capitalization (Market Cap) is an indicator that measures the size of all the cryptocurrencies.It’s the total market value of all the cryptocurrencies' circulating supply: so it’s the total value of all the coins that have been mined.
{[{ marketcap }]} {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H) {[{ marketcapchange.toLocaleString(undefined, {maximumFractionDigits:2}) }]}% (24H)
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting all the data from several exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current price and the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
Symbol
Price Cryptocurrency prices are volatile, and the prices change all the time. We are collecting allthe data fromseveral exchanges to provide the most accurate price available.
24H Cryptocurrency prices are volatile… The 24h % change is the difference between the current priceand the price24 hours ago.
Trade
{[{ item.name }]}
{[{ index + $index}]}
{[{ item.pair.split('_')[0] }]}
Ƀ{[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]} ${[{item.price.toLocaleString(undefined, {maximumFractionDigits: 5}) }]}
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
{[{ item.change24.toLocaleString(undefined, {maximumFractionDigits: 2}) }]}%
bZX DAO class-action ruling: Dev with upgrade key makes platform custodial
38 minutes ago | Cointelegraph
Ripple Ally Flare (FLR) up 20% Amid Rising Market Rout, Here´s Why
39 minutes ago | UToday
Binance would never ‘trade against users to their detriment,´ top exec says
44 minutes ago | The Block
SBF banned from using online messengers under new bail agreement
53 minutes ago | Cointelegraph
JustBit Casino Review
JustBit Casino, which specializes in virtual currencies, is easy to use because withdrawals are expl...
Huobi Token General Overview
Is Ripple The Cryptocurrency of 2021? - In Depth Review of Ripple XRP
Ethereum Classic Review
Monero General Overview
XBO
XBO.com cryptocurrency exchange redefines how you interact with crypto. Designed to make the benefit...
Bithumb
Understanding Bithumb This article highlights what is Bithumb and where it is located. It also di...
Bitstamp
Bitstamp's continued success in the crypto market This article highlights what Bitstamp is. I...
Bitfinex
Bitfinex general overview delves deep into its operations since its inception in 2012 up to date. It...
FTXUS
Introduction to the FTXUS Trading Platform FTXUS is a type of cryptocurrency derivatives exchange...
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
UbiquiCoin: Two Tokens and Twice the Guarantee
Born in the aftermath of the 2009 US recession, the very first cryptocurrency, Bitcoin, didn’t o...
All Crypto Whitepapers Database
Any company that looks to launch a cryptocurrency project creates a whitepaper. It contains the...
The Coinbase, Binance Problems Affecting the Markets
The world's largest crypto exchanges, Coinbase and Binance, are experiencing service issues. The...
Women Are Using More Crypto Then Ever
The crypto economy is known to be male-dominated. Recent studies seem to show a progressive...
Airbitz
Airbitz is a decentralized, secure and backed Bitcoin wallet.Neither Airbitz nor any other third...
Are we going towards a definitive ban on cryptocurrency trading in India?
Following the decision of the Reserve Bank of India (RBI) to ban cryptographic banking services,...
Is Algorand a good investment?
Algorand is one of the newly listed altcoins that shows a lot of potential in the crypto market....
What are the top 10 Altcoins?
Contrary to popular belief, bitcoin is not the only cryptocurrency. New cryptos have been...
VeChain and Mastercard Back Australia-China Supply Chain
VeChain and Mastercard show support for the Asia Pacific Provenance project. The council has...
Beechat: Instant Messaging For Cryptocurrency
For those who think that cryptocurrency has reached its peak, it might be time to think again....
Mobi
Are you someone who makes international payments regularly using Bitcoin? Or do you travel a lot and...
Bitcoin.com
Bitcoin.com is a free downloadable Bitcoin wallet that allows users to trade and receive Bitcoins. T...
BTC.com
Created by Bitmain in 2016, BTC.com is a leading open-source Bitcoin and Bitcoin Cash storage platfo...
Cryptopay.me
Updated, Apr 04, 2020 Cryptopay is a revolution for Bitcoin users. This platform offers its custo...
Mycelium
MyCelium is an application for Mobile that offers many possibilities of security and confidentiality...
COMMENTS (0)