## What Is Archethic ($UCO)?

Archethic is a Layer 1 providing decentralized services accessible to billions.

Its blockchain infrastructure is the most scalable, secure & energy-efficient solution on the market thanks to the implementation of a new consensus: "ARCH".

Archethic smart contracts expand developers boundaries by introducing internal oracle, time-triggers, editable content & interpreted language.

Through native integration for DeFi, NFTs & decentralized identity; Archethic offers an inclusive and interoperable ecosystem for all blockchains.

In order to achieve the long-term vision of an autonomous network in the hands of the world population, Archethic developed a biometric device respecting personal data privacy (GDPR compliant).

Making the blockchain world accessible with the tip of a finger. 

Digital Sovereignty at your fingertips.

https://www.archethic.net/

## Who Are the Founders of Archethic (UCO)?

Archethic was founded by a team of French financial professionals and computer science experts. CEO Sebastien Dupont spent over ten years as Head of Mobile Banking in Africa and Deputy Director of Group Identity at French mobile operator Orange. COO Nilesh Patankar previously worked as Director of Payments Technology at Barclays and VP of Product Development and Innovation at Mastercard. The team is further composed of researchers from École Polytechnique in Paris and professionals with work experience at renowned companies like Mozilla, Google, and PwC. Furthermore, it has partnerships with HEC Challenge+ and a number of French accelerators, including the École Polytechnique X-UP accelerator.

## What Makes Archethic (UCO) Unique?

Archethic has developed a proprietary and patented consensus mechanism called ARCH that allows the Archethic blockchain to be employed for several use cases. A first on the market, Archethic claims to provide tamper-proof biometric authentication, enabling the blockchain to be used for decentralized identity verification. This could be, for instance, used to provide access to major public events or communication without ever having to reveal the details of our identity. The biometric data from inside your finger will generate several cryptographic keys that will never be disclosed and from which our digital identity will be encrypted. In this way, Archethic aims to achieve mass adoption of its blockchain.

Furthermore, Archethic claims to be able to integrate different services like payments, inventory management, data storage and security, and a heap of others natively. This would do away with the siloed structure of current services, where separate companies provide distinct services in traditional server-client relationships. By having oracles natively integrated within its ecosystem, as opposed to external services as is currently the case, Archethic could be utilized in fintech and health, to enable biometric payments and secure medical records.

## How Many Archethic (UCO) Coins Are There in Circulation?

Max Supply = 10 BILLIONS.

**90% WAS BURN** : https://blog.archethic.net/uco-biggest-burn-in-blockchain-history/

Total supply = 1 billion.

Token distribution :

38.2% Funding Sale
23.6% Deliverables
14.6% Network Pool
9% Enhancement
5.6% Team
3.4% Exchange
3.4% Marketing
2.2 % Team

## How Is the Archethic Network Secured?

Archethic uses its proprietary ARCH consensus mechanism, which is similar to the consensus mechanism due to its treatment of transactions as atomic units. Mining is based on cryptographic verification to validate and secure the origin of a transaction (biometric devices, smartphones, hardware or software keys). Thus, only 197 miners are required to validate transactions. Anyone can own a storage node, but the network chooses which miners get to validate transactions in a fair and geographically distributed way. Early investors have preferential treatment to be chosen as miners. 

Since transactions are chained together individually, each transaction chain will be stored in a reproducible and ordered way on a set of nodes. Therefore, each node will independently know all the nodes hosting a given transaction and, thus, will be able to relieve the network by interrogating only the closest "elected" nodes. This makes the system geo-secure and capable of self-repair.

## Where Can You Buy Archethic (UCO)?

UCO is available on : 

[UniswapV2](https://coinmarketcap.com/exchanges/uniswap-v2/) 
[PancakeswapV2](https://pancakeswap.finance/swap?outputCurrency=0xb001f1e7c8bda414ac7cf7ecba5469fe8d24b6de) 
[QuickswapV2](https://quickswap.exchange/#/swap?currency0=0x7ceb23fd6bc0add59e62ac25578270cff1b9f619&currency1=0x3c720206bfacb2d16fa3ac0ed87d2048dbc401fc&swapIndex=0)  
[Probit Global](https://coinmarketcap.com/exchanges/probit-exchange/).


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