UniWorld Price (UNW)

What is UniChain?

UniChain is the public blockchain platform which was officially launched in June 2020. It is designed for highly scalable capacity, security and aims for real applications with simplicity and friendliness for everyone to use.

What are the unique features of UniChain?

• UniChain uses the DPOS-Hotstuff consensus algorithm which saves the world’s energy while keeping the decentralization and security features.

• UniChain is designed for high scalability, the transaction throughput can be increased easily by adding the sidechain in the future.

• The native token (URC-30) can be issued easily and unlike tokens from other platforms, URC-30 token does not need users to have native coin (as transaction fee or gas) to transfer the token.

• Not only the blockchain core but also the whole ecosystem such as wallet, explorer, bridge, token tool, validator tools, dapp store …

Who are the owners of UniChain?

UniWorld and Unilab DAO Network are the UniChain creators but like many other public blockchain platforms, UnChain will be developed and managed by the community.

UniWorld is an ecosystem that combines the AI and blockchain technologies to create a truly smart society where the users experience and privacy are respected. UniWord's vision and philosophy are “All values created by people are for people’s happiness” and “Innovating, Connecting and Sharing, respectively.

What is UNW?

UNW is the native coin in the UniChain network. It can be used for transaction fees, incentive and voting mechanisms, protecting the network from spammers … The initial supply is 1,000,000,000 (one billion) UNW. The maximum inflation rate is around 2% p.a., but as the coin will be burnt when there are more transactions in the network, it is expected that the inflation rate will be nearly around 0% or even negative. The current circulation is about 350 million coins.