Ubix Network Review
What is Ubix Network?
UBIX.Network is a DAG/blockchain hybrid designed to integrate blockchains of various types of consensus into a single p2p network. Users can create their own blockchains of various types (including private ones), using them to service their business processes. At the same time, all created blockchains are in a single address space, in a common network, and can be integrated with each other without using any gateways. The protocol supports smart contracts (Java Script) and various types of tokens. In addition to integration at the network level, the team is developing an interface that is a super-app built on a microservice architecture that allows various internal applications to be integrated with each other, providing users with a seamless use of various services.
What is the Use Case?
Our innovative protocol allows developers to create their own blockchains, fully integrated into a single network without any intermediaries (gateways, beacon chains, etc.);
This allows them to integrate applications with each other at the basic level of the network. But beyond that, we are building a common universal interface that integrates applications into a single super-application, which allows end-users to seamlessly use all available services.
We also pay special attention to the economic model of our ecosystem, based on the concept of economically self-sufficient applications that generate regular income for our community.
https://ubix.wiki/index.php/Main_Page#Technical_description_of_the_platform
From the very beginning, we have attached great importance to the regulation of the money supply in our UBIX.Network platform. This system was supposed to solve the following tasks:
1. Providing liquidity to the entire system to enable economic agents to carry out monetary transactions.
2. Controlling inflation, finding the optimal ratio of the volume of the economy and the money supply.
3. Management of transaction costs by smoothing the peaks of growth in the value of the currency.
Due to the fact that the general economic theory (and the corresponding algorithms) had not been developed at the time of launch, it was decided to define the following approaches for building a liquidity management system as a temporary solution:
1. Create a liquidity fund that provides liquidity on demand under a secured loan scheme.
2. Form a reserve fund that accumulates funds in liquid cryptocurrencies to smooth the exchange rate using monetary interventions.
3. Develop an algorithm for managing fees as a function of the system’s monetary indicators.
In general, such a system repeated the basic principles of monetary regulation used by almost all states of the world.
As a result, we set the issue limit at 1 trillion UBX and created a liquidity fund of 850 billion, with the idea that the above tasks could be solved later.
“The 1 Trillion Problem.”
However, now, after the launch of the main network, the following problem has emerged, not related to economic models. Let’s make a reservation right away that this is exclusively a problem of market positioning.
The fact is that the main trackers (for example, CoinMarketCap) calculate the indicators of projects according to 2 models, without foreseeing that there may be other (like ours) models for regulating the money supply:
1. Model with unlimited emission (for example, Ethereum).
2. Model with a limit of issue (for example, Bitcoin).
In all of the above models, the money that entered the circulation there forever remains. Therefore, trackers calculate the Fully Diluted Market Cap, which shows the market cap after all the money has been allocated. Obviously, this indicator does not reflect the specifics of projects that use funds to stabilize their local economy, since these funds are not irretrievably distributed, but serve as a way to stabilize economic processes, a shock absorber that temporarily absorbs or emits liquidity.
As a result of such an assessment of our project, we received a huge request from the community in any way to solve this problem of positioning our project, which we called “Problem 1T”.
Ubix Network Market cap and circulating supply
The current CoinMarketCap ranking is #667, with a live market cap of $43,680,300 USD. It has a circulating supply of 45,558,153,243 UBX coins and a max. supply of 1,000,000,000,000 UBX coins.
What is the community saying?
Community stil unsure how to transfer coins and seems more step by step guides are needed. Help with sending UBIX to Kucoin
Who is the development team?
https://ubix.network/pdf/UBSN_Whitepaper_v5_02.pdf.pdf
Whats the marketing like?
Marketing so far can be improved.
Price prediction for Ubix Network
A Low Cap Hidden Gem With X100 Potential. UBIX NETWORK | MICRO CAP HIDDEN GEM SIMILAR TO EARLY ETHEREUM!
Positives found during research: Dag system and silent notary. Instant video notarizations for construction, delivery or in case of accidents.
Where to buy UBIX.Network?
If you would like to know where to buy UBIX.Network, the top cryptocurrency exchanges for trading in UBIX.Network stock are currently KuCoin, Bitrue, BitMart, XT.COM, and ExMarkets.
How To Buy UBIX.Network
HOW TO BUY
HOW TO VIDEO – UNISWAP (METAMASK)
HOW TO VIDEO – UNISWAP (COINGecko WALLET)
