Today I decided to mine UBIQ exclusively for the next few months and begin to accumulate this token. I think this project will be very successful in the future and will provide a great return. The Ubiq network is a smart contract / decentralized application blockchain originally developed from the Ethereum codebase. Ubiq places emphasis on network stability and reliability as value proposition to finance and enterprise clients. In essence, letting Ethereum serve as the "testnet" of sort and only implementing secure and well tested applications into the Ubiq blockchain/ ecosystem. In a nutshell, Ubiq is an enterprise version of ETH with a number of improvements to the codebase.
Some of those improvements include the implementation of a monetary policy which ETH still lacks. Ubiq also utilizes an updated mining algorithm from Dagger Hashimoto called Flux. This algo is arguably more eco-friendly because older GPUs can still be used. The Ubiq network also benefits from having the standard Ethereum Virtual Machine as cross blockchain interoperability becomes a reality while having the ability to operate independently. As the EVM develops Ubiq will be uniquely positioned to take advantage of improvements made by the various teams using the EVM (ETC, ETH, EXP) and implement them once proven to be safe.
Ubiq also has a strong and growing community as evidenced by an increase in twitter followers, miners, reddit, and Slack members. As we know a strong community is what makes or breaks a crypto project. In addition, to a strong community Ubiq has a stellar development team with many years of experience in the crypto space and traditional financial services. Ubiq did not have an ICO or premine which is welcome news in regards to the SEC recent investigative report that provided clarifications regarding some tokens/ assets in the crypto space.
Ubiq also has two dedicated twitter bots. One bot has new coin announcements from bitcointalk and the other bot monitors coin additions to some exchanges. Myetherwallet has also integrated Ubiq network.
Below I provided links to where I sourced this information. I encourage you to check them out and do your own research. Thank you for reading.
https://medium.com/the-ubiq-report/ubiq-in-one-page-3e3d335064fc
https://bitcointalk.org/index.php?topic=1763606.0
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