Review on United Bitcoin by LUIS RIVERO R
UB is a cryptocurrency that is born as a bifurcation of bitcoin inheriting…
UB is a cryptocurrency that is born as a bifurcation of bitcoin inheriting most of the principles it grants. But its biggest contribution is the use of smart contracts implemented with the bitcoin network, which other projects have not been able to implement. Your first contract support will be linked to a UUSD stablecoin, which is 1: 1 with the US dollar. Without many negative aspects of great importance, I can place this project as an intermediate for investment
Pros
- It works as a backup of another 1: 1 cryptocurrency with the American dollar. Audit by third parties to measure the level of support for it. It has a high volume of transactions and market capitalization. Smart contracts based on the block chain based on bitcoin. compatible with Lightning Network.
Cons
- github threads with few progress updates. Information on the official website unclear. This cryptocurrency supports another, admitting that it is stable with the value of this one that is volatile. It does not have much support from the community. The wallets represent a complete node which makes it extremely heavy and useless to use.
