Ubiq
by Ubiq Technology
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What problem does this service solve?
Ubiq is a fork of Ethereum aimed at increasing the stability and reliability of smart contract execution.
Company Details
- Ubiq Technology
- https://ubiqsmart.com
- Founded 2017
- Stability Focused Ethereum Fork
Token Stats
About Ubiq
Ubiq is an Ethereum fork that aims to create a more stable smart contract platform for building DApps. Ubiq's protocol currently uses a Proof-of-Work (PoW) consensus mechanism, but will switch to Proof-of-Stake in 2019. The network is powered by the UBQ coin.
Ubiq's goal is to create a reliable and stable platform for developing DApps by modifying Ethereum's code base with important changes that will make it more secure and reduce instability. Consensus is based on their Flux Difficulty Algorithm, which is designed to constantly adjust the hash rate to protect against network attacks.
