Universa mainnet is a global decentralized network offering extremely fast and secure enterprise-level blockchain and data storage services. Universa mainnet is a global infrastructure for governments, enterprises and corporate solutions.
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The Universa blockchain is a cooperative ledger of state changes, performed by licensed and trusted nodes. The speed of the blockchain is achieved by performing contract executions on-client and verifying their output by 90% consensus algorithm in the creation of each new block. The Universa Nodes primary function is to execute contracts and verify state. In Universa, permission to create new blocks comes from participation as a licensed node. Therefore, rather than waiting for a new block to be mined, a state change can occur at any time, verified by a trusted actor, and often approved by consensus in less than ten milliseconds even at scale. Each separate contract maintains its own chain of state, so a contract can perform actions asynchronously without blocking or affecting other contracts, and the combined changes of state collectively form a directed acyclical graph (“DAG”) that makes up the blockchain itself.
What is Universa
Universa Platform is a new generation of blockchain technology. It uses a contract execution machine and distributed state ledger designed to improve on Bitcoin and Ethereum technologies by delivering improvements that are imperative for business adoption, with an emphasis on tokenization and contractual agreements. Where traditional blockchains transact primarily in currencies, Universa is designed to support token representation of everything from passports to boarding passes, bus tickets or taxi fares; they can be gift cards, vouchers, or gym membership cards. You might make a token representing your title deed, or just the keys to the house.
While traditional blockchains record a full trustless ledger of all actions, transactions and their effects on a network (“fat protocol, tiny logic”), Universa improves speed and usability by maintaining an directed graph of the verifiable hashes of the output of all actions (“tiny protocol, fat logic”). In other words, instead of stacking blocks to make a single full ledger, each set of changes to a contract is applied by the clients in a separate contract chain (“C-Chains”) to the previous state, and the outcome is vectorized and hashed – only a signed signature of the state of each side-chain gets updated as the new status of the blockchain, discarding the old state and storing the new one. Still, each chain keeps it's own history, and any node with a copy of the transactions can attempt to replay them and verify that the outcome is the same, which ensures validity and fairness in a trusted environment.
Universa Platform iterates cryptographic ledger technology, building on eight years of proven Bitcoin success in the distribution of money and adapting it with the tools needed to address fundamental business concerns and governmental compliances. With transaction throughput improved by several orders of magnitude, built-in support for verifying document authenticity, and a network of trusted certified nodes, Universa is able to provide necessary usability to open new avenues into enterprise adoption. As consumer needs are increasingly served by rapid advances in Bitcoin and Ethereum technologies, Universa will continue to lean into blockchain adoption and leverage distributed innovations to serve the reliability and security demands of corporations.
DetailsPublic sales: Oct 27, 2017 - Nov 27, 2017
Token supply: 4,997,891,952 UTN
Total tokens for sale: 1,000,000,000 UTN
Hard cap: 99,000,000 USD
Raised: 28,800,000 USD
LegalBlockchain Platform: Ethereum
Token infoTicker: UTN
Token standard: ERC20
Token price in USD: 1 UTN = 0.01 USD
Accepted currencies: ETH
4% Bounty / Advisor / Partnership
35% Universa Protocol
20% Marketing / Business development
Universa Blockchain first release Mac / Android clients/wallets UTN tokens via TGE/ICO
API for apps and blockchains Universa Exchange for tokens Universa Smart Token first release Universa Smart Contracts Templates
Universa Liquidity Ocean Universa Trust & Reputation Score Blockchain Academy
Worldwide Blockchain Association Universa Bank and Cards Universa Appstore Cryptofund for DAO/ICO @Universa