United Bitcoin to Add Support for Smart Contracts

United Bitcoin will transfer all pegged currencies to smart contracts within April 2018
10 April 2018   644

UnitedBitcoin’s philosophy is to upgrade the Bitcoin network. It has such features as Proof-of-Work inherited from Bitcoin with brand new high-speed smart contracts, fast transactions through the Lightning network, asset allocation of active addresses, no-premining, stable system with fiat currency pegged reserves, block-size increased to 8 MB and support for SegWit.

According to the roadmap of United Bitcoin, the issuance of a digital currecny pegged to fiat currencies is scheduled for April 2018. The United Bitcoin will issue its first digital currency pegged to fiat currencies using UBTC as collateral. Moreover, in April United Bitcoin promises to add support for smart contracts, as UBTC will be officially upgraded to a version with smart contracts support.

What is more, United Bitcoin will transfer all pegged currencies to smart contracts also within April 2018. Because it is too complex for color coins to support smart contracts, in order to support the smart contracts for pegged currencies, all pegged currencies will be transferred to the smart contracts system.

Later, in July 2018, United Bitcoin plans to upgrade with the Lightning Network support.

Ebang to Unveil New BTC Mining Devices

As reported, 10-nm process technology based Ebang E11 miners can reach 44 TH/s performance
25 September 2018   112

The Chinese manufacturer of mining equipment Ebang Communication revealed details about the new line of E11 devices, CCN reports.

At World Digital Mining in Tbilisi, the company introduced three new devices. Based on the 10-nm process technology Ebang E11 miners can reach 44 TH / s. According to the information on the company's website, new miners will go on sale in the near future.

Ebang Mining Devices
Ebang Mining Devices

On the advertising pic there are new devices: E11 (30TH / s), E11 + (37TH / s) and the most powerful E11 ++ (44TH / s)

Main competitor of Ebang - Bitmain - had introduced a high-performance chip BM1391 last week based on 7nm process technology. It is noteworthy that the device E11 ++ from Ebang in its effectiveness exceeds the flagship chip from Bitmain only 2J / TH.

The first information about the new line of miners from Ebang appeared in August.