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 reservesMore
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 12, 2017 with UnitedBitcoin officially released and launched globally during an event in Silicon Valley.
The manual allocation of assets is completed on January 3, 2018 (started on December 12, 2017), marking an end to the 2nd phase of the Bitcoin asset allocation procedure.
Based on the color coin program, UB foundation will issue the first digital currency pegged to USD at the ratio of 1:1. Collateral is based on UnitedBitcoin credit.
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.
A futurist, entrepreneur and software engineer, Jeff is co-founder and CEO of Bloq, a leading blockchain technology company. Jeff is also the chief designer of Metronome.
SongXiu is the founder and CEO of Bitbank Group. Founded in 2014, Bitbank.com is the one of the largest cryptocurrency P2P platforms in the world, managing over 260,000 BTC of investment and has distributed profits of over 7,400 BTC.
Matthew is co-founder and chairman of Bloq, a leading blockchain technology company and a visionary of Metronome – a cryptocurrency engineered for longevity. Matthew is also founding partner of Tally Capital, a private investment firm focused on digital assets and blockchain-enabled technology with a portfolio of over 30 investments, including Blockstream, BTC Media, Civic, Doc.ai, Factom, Genaro, Orchid, Rivetz, Token Report and Qtum.
Alex is founder and CEO of FundV, a hedge fund focused on cryptoassets.Alex is also the co-founder of two TMT venture capital funds, Beam VC and CyberCarrier Capital, that invested in over 30 companies including Testbird, Aipai, Meike, LumiGame, Kadho, VivaVideo, Yalla, Boo!, Krazybee, Indialends, ZoomCar and Mydermacy.
Wouter is founder and director of the online multi-currency wallet QoinPro, which currently supports over 1 million users. He has about 20 years of development, architectural and entrepreneurial experience, and is certified in multiple IT technologies. He has focused the last several years on cybersecurity, blockchain and cryptocurrencies.
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.