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Uniform Fiscal Object

UFO

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About Uniform Fiscal Object

Uniform Fiscal Object is an experimental cryptocurrency that seeks to allow instant payments to anyone, anywhere in the world. Through peer-to-peer technology, UFO functions without a central authority; managing transactions and issuing currency are carried out collectively. UFO Core is the name of the open-source software that enables this currency to be used. 

According to the whitepaper, the UFO blockchain is based on the Bitcoin codebase. It aims to introduce ASIC-resistant Neoscrypt, faster transactions, automatic checkpoint protection (ACP) to protect the chain's history, and native Segwit support to keep it up with Bitcoin's features. 

Cryptocurrencies that are ASIC-resistant have a mining algorithm and protocol designed to use ASIC machines. Besides, the following aim to be the features of the UFO project:

The UFO project is a fork of the Bitcoin core project. Each block has its own set of parameters, such as block times. It seeks to include extra features like enhanced mining difficulty calculations, protection from 51% attacks, and a hashing algorithm. Hashing is a function that helps to solve a blockchain computation. The UFO project is an open-source project. The community manages any additional changes and fixes to the source code. 

A segregated witness is activated on the UFO blockchain, which is committed independently from the transaction tree. The data in this structure are necessary to check transaction validity but are not required to determine transaction effects.

HTLCs (Hash Time-Locked Contracts) are active on the UFO blockchain to allow generalized off-chain contract negotiations. HTLCS allows a designated party to spend funds by revealing the preimage of a hash. In the case of a refund, it also allows a second party to spend the funds after a timeout has been reached.

The UFO blockchain was developed in 2014 as an alternative solution to some of the issues that the popularity of Bitcoin has brought to light. 

There is a maximum total supply of around four billion UFO tokens in the UFO project. 

Market

Germany Market Stats

Market cap

-

Volume (24h)

-

Circulating supply

-

All time high

€0.0082

Price change (1h)

+0.05%

Price change (24h)

-11.01%

Price change (7d)

+74.23%

Germany News about Uniform Fiscal Object

BeInCrypto • Apr 28, 24

Four Reasons Why Ethereum Is Not a Security: Consensys

Amidst SEC scrutiny, Consensys defends Ethereum's non-security status, citing historical views, regulatory consistency, and its decentralized, open protocol nature.The post Four Reasons Why Ethereum Is Not a Security: Consensys appeared first on BeInCrypto.

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BeInCrypto • Apr 28, 24

Shiba Inu’s Shibarium Hard Fork: How Will SHIB Price React?

Shibarium's forthcoming upgrade on May 2 aims to enhance transaction efficiency and stability, promising a bullish outlook for SHIB's market performance.The post Shiba Inu’s Shibarium Hard Fork: How Will SHIB Price React? appeared first on BeInCrypto.

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Blockworks • Apr 28, 24

Web3 Watch: ‘Buy Bitcoin’ sign, first post-halving satoshi go up for sale

Plus, a CryptoPunk sells for $12 million and Blockworks buys a goat

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DL News • Apr 28, 24

Marathon Digital reveals plan to double its Bitcoin mining capacity this year

Acquisitions and orders in pipeline seen adding up to 100% increase in hash rate.

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DL News • Apr 28, 24

Franklin Templeton’s $380m BENJI token upgrade is just for institutional investors — for now

Some investors can trade Franklin Templeton’s tokenised fund on the Stellar blockchain.

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BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

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Uniform Fiscal Object is on the rise this week.

The price of Uniform Fiscal Object has increased by 0.05% in the last hour and decreased by 11.01% in the past 24 hours. Uniform Fiscal Object’s price has also risen by 74.23% in the past week. The current price is €0.000105 per UFO with a 24-hour trading volume of €0.00. Currently, Uniform Fiscal Object is valued at 98.71% below its all time high of €0.0082. This all-time high was the highest price paid for Uniform Fiscal Object since its launch.

The current circulating supply of Uniform Fiscal Object is 0 UFO which means that Uniform Fiscal Object has as total market cap of 0.

FAQ

What is the current price of Uniform Fiscal Object?

We update our Uniform Fiscal Object to EUR currency in real-time. Get the live price of Uniform Fiscal Object on Coinbase.

What is the market cap of Uniform Fiscal Object?

The current market cap of Uniform Fiscal Object is €0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Uniform Fiscal Object?

The all-time high of Uniform Fiscal Object is €0.0082. This all-time high is highest price paid for Uniform Fiscal Object since it was launched.

What is the 24 hour trading volume of Uniform Fiscal Object?

Over the last 24 hours, the trading volume of Uniform Fiscal Object is €0.00.

What other assets are similar to Uniform Fiscal Object?

Assets that have a similar market cap to Uniform Fiscal Object include Catena X, Micromines, Ryoshi's Coin, and many others. To see a full list, see our comparable market cap assets.

How many Uniform Fiscal Object are there?

The current circulating supply of Uniform Fiscal Object is 0.

Can I buy Uniform Fiscal Object on Coinbase?

No, Uniform Fiscal Object is not currently available on Coinbase, but you can sign up to get the latest news on Uniform Fiscal Object and be notified when it gets added to our exchange.

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