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Five Advantages of Universa Blockchain over Bitcoin and Ethereum
Universa, a blockchain cryptoprotocol of the new generation, which is abundant faster and cheaper compared to Ethereum and Bitcoin, launched its pre-ICO on August, 28, 2017.
The afflatus abaft the activity is Alexander Borodich, a technology investor, the architect and managing accomplice of VentureClub, the above arch of business at Mail.ru group, Russia’s better IT company. Universa presents a cardinal of cardinal advantages over Bitcoin and Ethereum blockchains.
Universa was originally actuality developed not as a cryptocurrency, but as a broadcast arrangement for active acute contracts. Therefore, the Universa belvedere does not depend on mining, which after-effects both in aerial acceleration and affairs low cost, with a broadcast accord archetypal accouterment the aforementioned akin of assurance as in the absolute blockchain protocols. The accord in Universa is the accord of 91% of the arrangement nodes. Forging becomes about absurd at this akin of consensus.
Universa nodes do not crave mining and are amenable for acceptance the affairs and acute affairs that barter abide assimilate the network. Waiving mining opened a way to access arrangement achievement by hundreds of times. The Universa blockchain simple agreement is supplemented by the awful developed allegorical and analytic accent of acute contracts. Such architectonics fabricated it accessible to ability the acceleration of 10,000 affairs per additional on the arrangement nodes.
Due to Bitcoin’s airy and abstract nature, microtransactions in the Bitcoin blockchain account economically meaningless. It is not economically reasonable for a business to pay $3,5 for a few cents account transaction, candy by the arrangement for about 10 minutes, on top of that. Universa accomplish a favorable aberration if compared to Bitcoin and Ethereum, by acceptance its users to accomplish hundreds of times added affairs per second, and at a actual low price.
For example:
Business-logic of the bitcoin-blockchain is bound by wallets and their balances. Acute affairs on Ethereum accomplish with a bound set of metadata. Neither of the two blockhains can cope with simple assignment of bond a anchored bulk of money to a acute arrangement in the bill appropriate for a specific business at the moment – euro, dollars, or rubles. Universa allows to actualize and alteration absolute currencies as able-bodied as the new ones through the contract. Universa provides a aperture for casework that automatically acquire ascribe cyberbanking abstracts (electronic money, obligations or agreements, bookish property, excises, bids on auctions and tenders, id or cyberbanking passports) and creates accepted achievement abstracts based on the rules and accoutrement of “smart contracts.” The accomplishing of Universa makes the alteration to cyberbanking business actual bargain – for example, by application the Universa banal advice service, one can buy cyberbanking abstracts from individuals (for example, photos or articles), barter all sorts of goods, accommodate loans, barter or advertise securities, and accomplish with added banking instruments as well. The acknowledged entities accept a acceptable apparatus for alive with excises, tenders, auctions, transaction passports, community declarations. Almost any tasks are calmly and calmly automatized by applications and acute affairs of the new Universa blockchain.
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