What is Uchain (UCN)?

Deep Dive

1. Purpose & Value Proposition

Uchain aims to create a decentralized payment system and data storage platform accessible to non-technical users. It addresses crypto volatility through a hyper-deflationary strategy (fixed supply of 100,000 UCN) and offers tools like UCard for fiat-crypto conversions. The blockchain emphasizes low fees—users get 1,500 free daily bandwidth points, with fees as low as 0.00001 UCN per transaction after exceeding limits (Uchain Whitepaper).

2. Technology & Architecture

Built on Delegated Proof-of-Stake (DPoS), Uchain uses 27 elected Super Representatives (SRs) to validate transactions every 3 seconds. This enables high throughput (2,000+ TPS vs. Ethereum’s 30 TPS) and energy efficiency. Smart contracts are written in Solidity (Ethereum-compatible), allowing developers to migrate projects seamlessly. The network also supports URC-20 tokens and NFTs via URC-721 standards.

3. Ecosystem & Use Cases

Uchain’s ecosystem includes:
- UWallet: Multi-currency wallet with cold storage integration (UDefender).
- Splitting Technology: Liquidity pools distributing daily rewards to stakers.
- Web 3.0 Vision: Aims to decentralize internet infrastructure, enabling data storage/transmission beyond payments.

Conclusion

Uchain combines scalable blockchain infrastructure with user-centric tools to bridge crypto and real-world applications. Its focus on speed, governance, and deflationary mechanics positions it for niche adoption—but success hinges on broader Web 3.0 integration. Can Uchain’s ecosystem attract developers to realize its decentralized internet vision?