U2U Network price

U2U

U2U Network aims to solve 2 current pain points: The scaling bottleneck of blockchains, and the incompatibility of blockchain real-world applications with legacy systems.

Scaling bottleneck has been a big question within the crypto space for a really long time. Even within recent years when the blockchain infrastructure has tremendously improved with the introduction of new disruptive Layer-1s along with various scaling solutions like Layer-2s and even Layer-3s, this problem remains insoluble, yet. Nevertheless, U2U Network may be the first to successfully address this problem with its unbounded scalability.

In addition to its outstanding performance compared to other alternatives, U2U Network also proves to be better than its competitors by being one of the few to realize the demand of decentralized real-world applications.

When onboarding traditional applications onto the blockchain, they face many challenges: Integration complexity, data redundancy, cost implications, operational delays, training and onboarding difficulties, and potentially a lot more. These problems can not be dealt with easily because there exists no simple process and framework; therefore, decentralizing real-world applications is a questionable task for most enterprises, regardless of its beneficial advantages and how highly in-demand it is.

However, U2U Network is capable of providing Decentralization on Demand (DoD) services thanks to not only its unlimited scalability network but also its readily available products that make onboarding real-world applications onto the blockchain seamless and effortless.

Starting with DPN (Decentralized Private Network), U2U Network aims to provide a wide range of decentralized real-world services such as Decentralized ID, Data Storage, Domain Name System, IoT Devices, Big Data Mining, and Micro Payment. With the limitless ability of U2U Network, their services are expected to expand tremendously in the next few years.

1. U2U Chain is a DAG (Directed Acyclic Graph) - based and EVM-compatible chain

Unique Points:

• DAG structure
• aBFT

• DPoS

• U2U Subnet is a disruptive scaling solution built atop of U2U Chain that makes unlimited scalability possible

Unique Points:

• Universal Messages Verification (UMV): An infinite scaling solution while still maintaining security and consistency.
• OstracismVM: A virtual machine bundle as the message protocol for UMV

Our services:

U2U Subnet's unlimited scalability empowers Decentralization on Demand (DoD), enabling every real-world application and service on demand to be built in a decentralized manner. Such services can be:

Account Abstraction refers to a concept in blockchain technology that simplifies the user experience by making the account and transaction models more flexible and user-friendly. In traditional blockchain systems, there's often a clear distinction between externally owned accounts (EOAs), controlled by private keys, and contract accounts, controlled by code. Account Abstraction blurs this line, treating all accounts as smart contracts, which can be programmed with custom logic and rules.

U2U Network is one of the first to implement Account Abstraction into the network structure, bringing forth various benefits:

Enhanced Security: Using Account Abstraction, U2U Network users can embed more sophisticated security measures into their accounts, such as multi-signature requirements or recovery options. This reduces the risk associated with lost or stolen private keys.

Simplified User Experience: With Account Abstraction, users can interact with U2U Network more intuitively. Instead of managing separate keys and accounts for different functionalities, users now only need a single, more versatile account.

Customized Transactions: Account Abstraction allows for more complex and customized transaction logic. Users can program their accounts to automate certain actions under predefined conditions, enhancing the efficiency and functionality of U2U Network.

Lower Entry Barriers: By making the user interface more intuitive and reducing the technical knowledge required to operate blockchain accounts, Account Abstraction attracts a broader range of users to U2U Network, enhancing network participation and diversity.

Innovative dApp Development: Developers on U2U Network can design more sophisticated decentralized applications (dApps) leveraging the flexible account structure. This leads to the creation of more innovative and user-centric applications, potentially expanding the use cases of U2U Network.

Reduced Transaction Complexity: Account Abstraction can streamline transaction processes, making them more efficient. This leads to lower transaction costs and faster execution times, improving the overall performance of U2U Network.