Smart contracts. This far surpasses similar characteristics of most other blockchains, including such favorite ones as Bitcoin or Ethereum. The difference of PoA from the favorite algorithms of Proof-of-Work (Bitcoin uses it) or Proof-of-Stake (Ethereum plans to switch to PoS) is that in the PoA-network there is no competitive race among miners or foragers for the right to be the first to make a block and get a reward. UMI — One of the young projects мейд at the intersection of decentralized money and digital assets, which attracts attention not only by its unique functionality, but also by its stated development plans. You need to make an individual purse in the UMI blockchain, transfer a certain amount of UMI coins to your own address. UMI blockchain allows you to create a large number of specialized functional smart contracts, including those suitable for integration into online trading services or for the launch of decentralized autonomous organizations (DAO). Unlike other systems, working with stacking, UMI coins are not frozen after joining the pool. In the UMI network, the master nodes are — Authorized large nodes that meet stringent speed requirements. Development. At any moment, the user can withdraw and implement them. They remain in the wallet of the user, and no one has access to them, except the owner. Let’s have a closer look at UMI abilities.UMI blockchain ecosystem: second transfers, smart contracts and profitable stackingThe number of cryptocurrencies and digital tokens created exceeds seven thousand. Rewards for stacking are accrued in twenty four hours. This allows for a significant increase in network throughput. Currently, UMI coins can be mined in two stacking structures (pools) — ROY Club and ISP Club. In addition, UMI — is a real blockchain platform that can execute smart contracts of any complexity. Forming blocks, and more importantly — they are sent to the blockchain by trusted nodes — master nodes. Transfers The UMI network has a throughput capacity of about four thousand five hundred transactions per second. In the ocean of cryptocurrency projects, it is difficult for investors to recognize the promising services at an early stage of development, and it is precisely investments at this stage that allow to get the highest profit. UMI blockchain is based on Proof-of-Authority technology, the concept of which was proposed by Ethereum co-founder Gavin http://stopcryptofraud.com/umi/ Wood. UMI — Universal currency tool that allows users to make instant, safe and free of charge money transfers, as well as increase the amount of cryptocurrency by means of profitable “stacking. You can put your coins for stacking in two pools after replenishment of your wallet address. These include various decentralized money services (DeFi). stacking.
