UnitedBitcoin (UB for short) is a derivative from Bitcoin at block height 498,777 on December 12, 2017. UB’s network is 100% inherited from Bitcoin. UnitedBitcoin’s ticker is UBTC.
UnitedBitcoin aims to realize and fulfill the promise of blockchain technology by applying its transformative abilities to support real-world use cases and supplement global financial and payment systems.
UB builds on the pressure-tested aspects of Bitcoin’s original technology such as increasing the block sizes from 1MB to 8MB and the number of transactions each block can support from 7 to 60 per second. This is expected to change as the technology improves.
UnitedBitcoin has launched smart contracts (supporting programming in popular languages such as C#, Java, Lua, and Kotlin) to improve usability and accessibility and encourage widespread adoption of smart contracts.
To further boost scalability and real-world usage, UB has also launched a stable coin (UUSD) pegged at a 1:1 ratio to fiat currencies.
UBTC is not centralized. This is the top misconception regarding UBTC.
Centralization implies that a single entity controls UBTC. While the UB project contributes to the open source code of UBTC, we don’t own, control, or administer it. UBTC is a decentralized cryptocurrency.
UnitedBitcoin has an interest in supporting UBTC for several reasons, including contributing to long-term strategy and encouraging the use of UBTC as a liquidity tool in the community and enable the ecosystem to grow.
UBTC is available for purchase on 18 digital asset exchanges worldwide and is increasing gradually. Every exchange has a different process for purchasing UBTC.
Please note that UB does not endorse, recommend, or make any representations with respect to the gateways and exchanges that appear on these exchanges; if you have a question about your UBTC purchase, please contact the relevant exchange directly.
A list of wallets and exchanges that support UBTC can be found on the Ecosystem page.
UnitedBitcoin does not endorse, recommend, or make any representations with respect to digital wallets. It is advisable to always conduct due diligence before trusting any third-party or third-party technology.