UCHAIN

UCN Price

About UCHAIN (UCN)

UCHAIN is a high-speed Layer 1 blockchain designed for global decentralized payments and high-throughput application deployment.

• The network utilizes a Delegated Proof of Stake consensus mechanism with 27 Super Representatives to achieve transaction speeds exceeding 2,000 per second.
• UCHAIN features a dual-resource model of Bandwidth and Energy, allowing for low-cost or free transactions through daily resource allocations.
• The ecosystem integrates diverse financial products, including crypto debit cards, NFC-enabled cold storage, and a unique splitting liquidity reward system.

What Is UCHAIN

UCHAIN is a decentralized blockchain ecosystem designed to provide a free and accessible transaction system for both value and information transfer. The project focuses on high throughput and scalability to support a wide range of decentralized applications without the bottlenecks typically associated with earlier blockchain generations. The native UCN coin serves as the primary medium of exchange and payment within the network.

Value moves through the system via integrated products like the UCard, which facilitates the conversion of digital assets for real-world use at merchants and ATMs globally. The token is put to work through several mechanisms: users can freeze UCN to generate Bandwidth or Energy points for network transactions, stake it to obtain voting power for governance, or participate in the splitting technology to earn rewards from liquidity pools. As the ecosystem grows, scalability is maintained through modular developer tools that allow for the efficient deployment of Solidity-based smart contracts.

What Makes UCHAIN Unique

• Splitting Technology: A core feature where decentralized liquidity pools automatically distribute rewards to participants who freeze specialized split tokens, incentivizing long-term liquidity provision.
• Hardware-Level Security: The UDefender cold wallet is an NFC-enabled physical card that stores encrypted portions of private keys, requiring a physical tap against a mobile device to confirm transactions.
• Resource-Based Economy: Instead of a traditional fee-only model, UCHAIN provides 1,500 free daily Bandwidth points to every account, enabling basic transaction activity without direct cost to the user.
• Fixed Scarcity Model: The protocol has a strictly limited maximum supply of 100,000 UCN coins, with halving events occurring every 10 million blocks to manage long-term issuance.

What Can You Use UCHAIN for?

• Staking and Governance: Users can freeze their UCN holdings to acquire UPower, which is used to vote for Super Representatives who manage the network's block production and technical parameters.
• Liquidity Provisioning: Through the splitting mechanism, participants can provide liquidity to autonomous pools to receive daily rewards proportional to their share of frozen split tokens.
• Decentralized Applications: Developers can use the UChain Virtual Machine to deploy smart contracts for various use cases, including NFT marketplaces, gaming platforms, and resource-sharing markets.
• Global Commerce: The UCard debit card enables users to spend supported cryptocurrencies in over 100 countries, bridging the gap between digital assets and traditional retail environments.

How Does UCHAIN Work?

UCHAIN operates on a Delegated Proof of Stake consensus mechanism where 27 Super Representatives are elected by the community to validate transactions and produce blocks every 3 seconds. This structure allows the network to maintain high throughput while ensuring decentralization through a rotating set of validators that changes every 6 hours. The system is compatible with the Solidity programming language, allowing applications from Ethereum and other compatible networks to be migrated with minimal adjustments.

The network manages its capacity through a dual-resource model. Standard transactions consume Bandwidth points, while smart contract executions require both Bandwidth and Energy. Each account receives a daily allocation of 1,500 free Bandwidth points; once this is exhausted, gas fees are paid in UCN at a rate of 0.00001 UCN per Bandwidth point. To further secure the network, UCHAIN implements Transaction as Proof of Stake, a method that requires each transaction to reference a recent block header hash to prevent replay attacks and ensure transactions are tied to the valid main chain.

Team Info and Investors

UCHAIN is developed by the UChain team, which focuses on building decentralized infrastructure for a modern lifestyle. While specific individual founders or early venture capital backers are not identified in available documentation, the project emphasizes a community-driven governance model. The network is governed by a Committee of 27 Super Representatives who have the authority to propose and vote on changes to dynamic parameters, such as block rewards and fee structures, ensuring that the network evolves according to the needs of its participants.

Where can you buy UCHAIN?

UCN tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade UCHAIN is Ourbit, where the most active trading pair UCN/USDT has a trading volume of $1,118,354.52 in the last 24 hours. Other popular options include DigiFinex and XT.COM.

What is the daily trading volume of UCHAIN (UCN)?

The trading volume of UCHAIN (UCN) is $2,031,361.69 in the last 24 hours, representing a -5.00% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for UCHAIN (UCN)?

UCHAIN (UCN) reached an all-time high of $1,806.54 and an all-time low of $23.78. It’s now trading -89.10% below that peak and 731.70% above its lowest price.

What is the market cap of UCHAIN (UCN)?

Market capitalization of UCHAIN (UCN) is $19,780,178 and is ranked #803 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of UCN tokens (100 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of UCHAIN (UCN)?

The fully diluted valuation (FDV) of UCHAIN (UCN) is $19,780,178. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Thousand UCN tokens are in circulation today. Depending on how the emission schedule of UCN tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of UCHAIN compare against its peers?

With a price decline of -5.10% in the last 7 days, UCHAIN (UCN) is outperforming the global cryptocurrency market which is down -5.30%, while outperforming when compared to similar Layer 1 (L1) cryptocurrencies which are down -8.50%.