What is Ubiq?

"Ubiq is a decentralized platform which allows the creation and implementation of smart contracts and decentralized applications. Built upon an improved Ethereum codebase, the Ubiq blockchain acts as a large globally distributed ledger and supercomputer, allowing developers to create decentralized and automated solutions to thousands of tasks which today are carried out by third party intermediaries."

-UbiqSmart.coom
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General

TICKER SYMBOLS
UBQ
AGE
2 years old (January 28, 2017)
CURRENT PRICE
$0.288999
Updated 4 minutes ago via cryptocompare.com
CHEDDUR ALL TIME HIGH
$6.98
Last year
CIRCULATING SUPPLY
42,609,099 coins
Updated 16 seconds ago via coinmarketcap.com
MARKET CAP
$12,609,992
Updated 5 minutes ago
CO-FOUNDER
Julian Yap

Technical

BLOCKCHAIN / LEDGER
Uses own
PRE-MINED / RESERVED
Yes (36,451,770 coins)
CONSENSUS MECHANISM
Proof of Work (PoW)
MINEABLE / STAKEABLE
Yes
AVERAGE CONFIRMATION TIME
1m 28s
CURRENT BLOCK REWARD
8 coins

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