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UBTC Price Live Data

The live United Bitcoin price today is $ 0.13 usd with a 24-hour trading volume of $1 061 usd. We update our UBTC to usd price in real-time. United Bitcoin is down 0% in the last 24 hours. The current coinmarketcap ranking is #, with a live market cap of $0 usd.

What Is United Bitcoin (UBTC)?

United Bitcoin, or UBTC, is a new bitcoin-based project that as of late seemed online at UB.com. The undertaking expects to redesign bitcoin by executing savvy contracts, among other features.

United Bitcoin was sent off by Jeff Garzik, notable for initiating the Segwit2x hard fork proposed for the first bitcoin (BTC) blockchain. That hard fork would have multiplied the square size of the first bitcoin blockchain, giving a superior scaling arrangement. Clearly, Ethereum was the first blockchain to carry out savvy contracts.

Bitcoin (BTC) doesn't right now have shrewd agreements. We don’t know about any bitcoin hard fork that has effectively added shrewd agreements to the bitcoin network. Notwithstanding these difficulties, United Bitcoin accepts it can achieve the objective of adding shrewd agreements to the bitcoin network. The group additionally needs to add Lightning Network support. Joined Bitcoin sent off with an authority hard fork. The cash was authoritatively sent off on December 12, 2017, with an occasion in Silicon Valley. The fork sent off at BTC block level #498777, which happened at around 12:00 GMT.

The group behind United Bitcoin purportedly started fostering the venture in June 2016. The principal shrewd agreement was completely tried in May 2017, trailed by a beta test in September 2017. On December 5, the 0.5 rendition of the venture was relocated to Github.

United Bitcoin may be the most questionable bitcoin hard fork ever. The web is going nuts over how the task is “going after” Satoshi Nakamoto’s unique bitcoins. As a matter of fact, the undertaking seems, by all accounts, to be focusing on any records that were not dynamic between November 11 and December 12, 2017.

Meanwhile, on the positive side of things, UBTC means to execute brilliant agreements, the Lightning Network, and SegWit, all of which lead to quicker and less expensive exchanges and better adaptability. At last, United Bitcoin (UBTC) might be one of the most significant bitcoin hard forks ever. Or then again, it very well may be an all out non-occasion. Notwithstanding, it has more industry support (like from Jeff Garzik) than a portion of the shifty bitcoin hard forks out there – and that implies you ought to focus. Remain tuned for more data about United Bitcoin as the venture moves forward.