Board Member & Chief Scientist
Linking values & Serving the world!
Same Proof of Work and Issuance Model of Bitcoin, with new hi-speed smart contracts
Future Lightning Network support for faster and cheaper transactions
UnitedBitcoin (UBTC) will be allocated to active Bitcoin wallets at a rate of 1 BTC to 1 UBTC at time of fork
No pre-mining, stable system with fiat currency pegged reserves
Original PoW mechanism, UTXO model and blockchain inheritance
1:1 Asset allocation to active addresses, same block-time, halving-time and total cap. no pre-mine.
Greatly enhances scalability by introducing payment channels between users.
Greatly increases transaction speed by increasing the block-size to 8 MB and supporting SegWit
UnitedBitcoin adds smart contract capabilities along with other upgrades to greatly increase the utility and potential of Bitcoin.
The UB Foundation will manage funds from inactive wallets post fork and foster the ecosystem with them. It will also develop a cryptoasset – pegged to UB’s reserve – against fiat currencies to support projects worldwide.
The core members of UnitedBitcoin’s development team start the development of LUA based smart contracts.
Smart Contract and UVM functionality has been successfully tested. Two languages, similar in structure and syntax to C# and JAVA have been added as well.
To speed up testing and facilitate acilitating adoption, smart contracts have been excluded from this test. Testing the increased block-size (to 8MB) as well as SegWit was a success.
The wallet with automated upgrade program is officially migrated to GitHub and all source codes are open to public, more teams around the world joined UB.
The fork will happen on December 2017 with UnitedBitcoin officially released and launched globally during an event in Silicon Valley.
The manual allocation of assets is completed on January 2018 (started on December 2017), marking an end to the 2nd phase of the Bitcoin asset allocation procedure.
The UB foundation will issue it's first digital currency pegged to fiat currencies using UBTC as collateral
If there is no delay in testing, UnitedBitcoin will be officially upgraded to a version with smart contract support.
Because it is too complex for color coins to support smart contracts, in order to support the smart contracts for pegged currencies, all pegged currencies will be transferred to the smart contracts system.
If there is no delay in development, UnitedBitcoin will be upgraded to a version with Lightning Network and payment channels support.
Board Member & Chief Scientist
Board Member, Chief Strategy Officer
Board Member, Executive Director
Marketing and Communication
UnitedBitcoin comes with 8MB block sizes, SegWit support, Asset Verification Allocation, Replay Protection, upcoming smart contract support and Lightning Network implementation. Download our wallet here.
UnitedBitcoin has developed an Integrated Development Environment specifically for creating smart-contracts. To read more, click here.
For a complete breakdown of UnitedBitcoin’s features, advantages and latest enhancements, please refer to our white paper.