About Uniform Fiscal Object

Uniform Fiscal Object (UFO) is a cryptocurrency launched in 2014. Users are able to generate UFO through the process of mining. Uniform Fiscal Object has a current supply of 3,934,290,494.99 with 0 in circulation. The last known price of Uniform Fiscal Object is 0.00001754 USD and is up 0.00 over the last 24 hours. It is currently trading on 6 active market(s) with $0.00 traded over the last 24 hours.

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UFO Price: $0.00

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Market Stats

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Additional details

Market details

UFO vs markets

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UFO vs BTC

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UFO vs ETH

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Tags

Network & Addresses

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Price history

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FAQ

Uniform Fiscal Object is an experimental cryptocurrency that seeks to allow instant payments to anyone, anywhere in the world. Through peer-to-peer technology, UFO functions without a central authority; managing transactions and issuing currency are carried out collectively. UFO Core is the name of the open-source software that enables this currency to be used. 

According to the whitepaper, the UFO blockchain is based on the Bitcoin codebase. It aims to introduce ASIC-resistant Neoscrypt, faster transactions, automatic checkpoint protection (ACP) to protect the chain's history, and native Segwit support to keep it up with Bitcoin's features. 

Cryptocurrencies that are ASIC-resistant have a mining algorithm and protocol designed to use ASIC machines. Besides, the following aim to be the features of the UFO project:

The UFO project is a fork of the Bitcoin core project. Each block has its own set of parameters, such as block times. It seeks to include extra features like enhanced mining difficulty calculations, protection from 51% attacks, and a hashing algorithm. Hashing is a function that helps to solve a blockchain computation. The UFO project is an open-source project. The community manages any additional changes and fixes to the source code. 

A segregated witness is activated on the UFO blockchain, which is committed independently from the transaction tree. The data in this structure are necessary to check transaction validity but are not required to determine transaction effects.

HTLCs (Hash Time-Locked Contracts) are active on the UFO blockchain to allow generalized off-chain contract negotiations. HTLCS allows a designated party to spend funds by revealing the preimage of a hash. In the case of a refund, it also allows a second party to spend the funds after a timeout has been reached.

The UFO blockchain was developed in 2014 as an alternative solution to some of the issues that the popularity of Bitcoin has brought to light. 

There is a maximum total supply of around four billion UFO tokens in the UFO project. 

We update our Uniform Fiscal Object to USD currency in real-time. Get the live price of Uniform Fiscal Object on Coinbase.

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Social stats

Popularity in posts

#1030

Contributors

34

Posts

56

% About Uniform Fiscal Object

0.013%

Articles

0

X (Twitter)

36.36% bullish

Sentiment

4.1 ★

Highlights

34 unique individuals are talking about Uniform Fiscal Object and it is ranked #1,030 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Uniform Fiscal Object has an average sentiment score of 4.1 out of 5. Finally, Uniform Fiscal Object is becoming less newsworthy, with 0 news articles published about Uniform Fiscal Object.

On Twitter, people are mostly neutral about Uniform Fiscal Object. There were 42.11% of tweets with bullish sentiment compared to 15.79% of tweets with a bearish sentiment about Uniform Fiscal Object. 57.89% of tweets were neutral about Uniform Fiscal Object. These sentiments are based on 44 tweets.

On Reddit, Uniform Fiscal Object was mentioned in 6 Reddit posts and there were 10 comments about Uniform Fiscal Object. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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