Infinitely Scalable TPS UENC2.0 and UT Lab is Iteratively Moving Towards Technological Globalization

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Infinitely Scalable TPS UENC2.0 and UT Lab is Iteratively Moving Towards Technological Globalization

December 15
18:27 2021

UENC will officially launch its Mainnet 2.0.0 Beta in the end of December. Meanwhile, UENC Technology Lab has successfully realized its internationalization iteration, marking the latest step in UNEC’s four-year-long commitment to globalization. With the official launch of the Mainnet 2.0.0 Beta, technology geek and outstanding developers alike can participate in the construction of the entire ecosystem through UT Lab to achieve the real open source code and the internationalization of the underlying technology.

From a security perspective, UENC is expected to achieve infinitely scalable TPS with sufficient decentralization and relatively low CPU power consumption. In this efficient public chain, it can not only guarantee the empowerment of downstream products of the blockchain but also ensure the matching of advanced productivity and production relations. In the public chain network system, the decentralization of upstream infrastructure brings relative distribution rules of planned economy, that is, the initial consensus at the bottom and the guarantee to stimulate the ecology, while the middle and downstream should be the open logic of market economy, so that more ecology can be developed, and TPS becomes the core element of development.

The reason why UENC can guarantee such efficiency is that it recognizes side chain transactions, and its tree structure and fragmentation processing allow it to be highly concurrent and achieve one-to-one, one-to-many, and many-to-many transfers, and then pack them in one block to complete. This greatly improves overall efficiency and the TPS can be expanded infinitely with the development of the chain’s ecology.

In addition, UENC’s innovative use of DPOW’s consensus algorithm has greatly reduced the cost of participating in network construction. DPOW refers to Directional Proof-of-Work, which means more fixed and designated workload compared with POW(Proof-of-Work). In other words, UENC avoids competition for computing power by directionally assigning workloads, thus greatly reducing both energy consumption in computing and the hardware threshold. In this way, it enables almost all available computer equipment to participate in infrastructure construction, which greatly reduces the threshold of using more decentralized hardware in infrastructure construction. The result of this is a reduction in the oligopoly effect brought by BTC and ETH without competition in computing power.

Jason Shen, the co-founder of UT Lab, has said that the launch of UENC Mainnet 2.0.0 Beta is the result of four years of hard work by everyone in the entire ecosystem, which not only marks the completion of the project cornerstone, but also lays the foundation for the continuous optimization and improvement of the public chain and ecological prosperity. Mr Shen has also expressed his hope that through this upgrade of UT Lab, UENCs high recognition factor among global engineers will enable it to attract the top engineering talents from all over the world to enter the Lab and build a safe and credible ecological network together with global technology enthusiasts to realize the unlimited expansion of TPS.

Decentralization has not only inspired the concept of the blockchain but has also brought about the significant downside of high energy consumption. UENC has taken the initiative to implement technological innovation so that almost all of the world’s hardware owners are qualified to participate in infrastructure construction while guaranteeing energy saving and high efficiency. From a higher-level point of view, it may help bring about the innumerable benefits of the second decentralization revolution, thereby placing even greater expectations on this Mainnet 2.0.0 Beta.

About UENC

UENC is a high-efficiency and energy-saving TPS decentralized public chain system with unlimited expansion. Through the DPOW consensus algorithm, a low-power CPU working mode is realized. Each node has a complete node function in the network, under the premise of ensuring safety. The complexity of the algorithm is reduced, and fast and highly concurrent payment transactions on the chain are realized. At present, any available computer can participate in the infrastructure construction of the network. The multi-language smart contract WASM supported by UENC can make it easier for developers to enter In the development of DAPP, UENC will integrate cross-chain technology to allow high-energy-consumption encrypted assets to circulate quickly on the chain at a lower cost through the UENC network. At the same time, it is also easier for enterprises or individuals to use encrypted tokens to complete the development of DAO under smart contracts.

Website: https://www.uenc.io

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Company Name: UENC
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Website: https://www.uenc.io

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