The Bitcoin killer: scientists from the best universities in the U.S. will create its own cryptocurrency

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2019-01-20 17:45:07

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The Bitcoin killer: scientists from the best universities in the U.S. will create its own cryptocurrency Source:

Professor of the seven best universities of the USA will cooperate to create a new cryptocurrency, which should surpass Bitcoin. Project name — Unit-e, he is the first practical implementation of the organization's Distributed Technology Research. In this unit consists of leading researchers, their work is sponsoring a Fund Pantera Capital Management LP.

the

a New competitor for Bitcoin

The team includes the best specialists from the University of California, MIT, and Stanford University. They have the highest qualification in the three most important areas:

the
    the
  • electrical engineering and computer science;
  • the
  • Finance,
  • the
  • Economics.

Representative of the investment Department of Pantera Capital Joey Krug noted the potential of a new cryptocurrency. According to him, it will be able to provide the world a truly high level of scalability.

Everyone knows that the traditional crypt difficult to scale. We are on the verge of the era when our ideas need to be widely used in the world. Without this they will remain good ideas that never worked in practice.

Unit-e will launch in the second half of this year. The original goal of the developers is to achieve the threshold of 10,000 transactions per second.

Members of the DTR are not going to stop the development of a cryptocurrency. According to the head of the organization Babak Dastmalchi, the main mission of the DTR is to unite the efforts of experts from all fields to create a new decentralized technologies.

Source: Hiroono

Industry of the blockchain and cryptocurrency is at a crossroads. The time has come for a fundamental change, which previously survived the invention of the type of telephone and the Internet. Improve decentralized networks will allow not to exclude centralised institutions of the future.

Well, Bitcoin has been another competitor. Perhaps a new project will not be all as bad as . Discuss Unit e can be in our .

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