ULTRON
Ultron is a blockchain that successively manages to solve the Blockchain Trilemma by providing, at the same time, speed of transaction, security, and significant scalability. Furthermore, our blockchain technology leverages a leaderless Proof-of-Stake (POS) protocol and asynchronous Byzantine Fault Tolerant consensus mechanism.
Ultron solves technical and economic problems by successively implementing a bridge between centralized and decentralized solutions. Ultron’s solution is cost-effective, easy to understand, and capable of delivering the expectations of passive gain generation of a wide and ever-growing pool of digital assets holders while mitigating risks.
Token Utility:
ULX serves as the native utility coin of the Ultron Blockchain.
– Securing the network through staking.
– Tracking and supporting network fees.
– Fueling the ecosystem of native DApps (decentralized applications)
Website: https://ultron.foundation/
Twitter: https://twitter.com/ultron_found
Telegram: https://t.me/ultron_foundation
Whitepaper: https://media.ultron.foundation/file/ultron-landing/ultron-foundation-whitepaper.pdf
Positive Notes:
– Stable Economics. It is essential to point out that a significant percentage of the profits, and transaction fees, generated through the native dApps is used by the Ultron Foundation to buy back and burn ULX coins
– An energy management innovation. Ultron, with its Proof-of-Stake consensus mechanism, is more energy efficient because it does not require extra energy to prove trustworthiness
– A secure, global network. Ultron protects privacy by limiting the sharing of transaction details to only those involved in the transaction
– A scalable way to transact. For Ultron, scalability is one of its primary principles. The platform’s stable transaction fees and industry-standard performance can be attributed to its use of directed acyclic graph (DAG) structures
– A foundation of interoperability. Ultron can transfer any type of data, digital asset, or standard token via cross-blockchain capabilities
– Stability through scalability. Thousands of transactions are processed by Ultron’s network every second, resulting in low transaction cost inflation at scale – and a reduction in the amount you pay out in transaction fees to Ultron.
Negative Notes:
– TVL (Total Value Lock) is low $6M
– Daily volume is low $100k
– Low social media presence
– Only 10% of the supply is in the circulation (Fully Dilluted Marketcap is 3B$
I think the market cap is too high, and the project dont have much traction and low volume, I think better not buy
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