Unobtanium

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Fiii

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Ethereum Classic

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Unobtanium

by Unobtanium

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Fiii

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Ethereum Classic

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What problem does this service solve?

Unobtanium is designed to be a commodity coin that will be a long term store of value.Fiii's blockchain aims to drive widespread adoption of a range of cryptocurrencies.Ethereum Classic (ETC) is the original version of the Ethereum protocol that was maintained after the hard fork that took place in 2016. Ethereum Classic also aims to be a general purpose blockchain, but the majority of developers prefer the new fork of Ethereum, and most of ETC's on-chain activity is primarily speculative.

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Company Description

Unobtanium is a Proof-of-Work (PoW) cryptocurrency that uses the SHA-256 hashing algorithm. It was designed to serve as a commodity and store of wealth that would be less vulnerable to price fluctuations. The coin's supply is limited to counter inflation, and UNO coins were distributed in a manner that would discourage centralization. UNO can be merge-mined with Bitcoin.

Fiii Coin is developing an ecosystem designed to promote the wide spread adoption of a variety of cryptocurrencies. Their payment terminal will be compatible with wide range of cryptocurrencies, and will be comprised of a wallet, exchange, and DApp development plugins. The Fiii blockchain has a Delegated Proof of Capacity (DPoC) consensus mechanism.

Ethereum Classic is the original protocol of Ethereum. As a result of the massive hack on the Ethereum-based DAO, in which around 14% of all ETH in circulation were stolen, a hard fork was proposed to return the stolen funds to their owners. This caused an ideological split revolving around the question of changing previous transactions in the blockchain. Some Ethereum holders rejected the hard fork, and decided to keep using the original protocol, based on the principle that the blockchain is immutable, and cannot be changed.

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