Universa
Universa

Cryptocurrency

$0.0053
0.0001 (2.02%)
x


Universa is a blockchain cryptoprotocol with an emphasis on tokenization and contractual agreements. It uses a contract execution machine and a distributed state ledger.

The Universa Nodes primary function is to execute contracts and verify state. In Universa, permission to create new blocks comes from participation as a licensed node. Therefore, rather than waiting for a new block to be mined, a state change can occur at any time, verified by a trusted player, and approved by consensus. Each separate contract maintains its own chain of state (Smart Contract Chain - C-chain), so a contract can perform actions asynchronously without blocking or affecting other contracts, and the combined changes of state collectively form a directed acyclical graph (“DAG”) that makes up the blockchain itself.

UTN is the token powering Universa's ecosystem. Execution of Smart Contract actions requires transaction fees paid in UTN to reward participating nodes. Universa holds the right to “burn” up to 1% of the fees retained by the platform daily.

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Market share 0.01%
Proof type
24h Open $0.0052
24h Low $0.0051
24h High $0.0053
Price in BTC 0.00000150197654 BTC
Current Supply 4,997,892,096 UTNP
Market cap $26,672,714
24h Volume (coin) 13,515 UTNP
24h Volume (currency) $70
Last updated 2019-01-24 06:27:06 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume

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