Unit-e the new Stanford and MIT cryptocurrency that will surpass Bitcoin

Stanford-cryptocurrency

The blockchain technology aroused the interest of large companies around the world, for its growth in a short time, which before the fall of 2018 led many to make large profits, as a result of a financial bubble that has reached its limit this January 2019. The blockchain presents advantages for users and companies but due to its instability is believed to lack new development that will lead the blockchain to control part of the economic system reliably. There are a number of cryptocurrencies that make life in the technological ecosystem being bitcoin mainly who has aroused the interest of investors, as well as other cryptocurrencies such as Ethereum, Ripple or Monero. In this context Stanford researchers decide to create Unit-e

Recently an official communiqué was issued by researchers at MIT, Stanford University and Berkeley University, where they reveal that they are elaborating a new cryptocurrency that will have great advantages that will surpass the blockchain giant “Bitcoin” and the other cryptocurrencies that are currently available.
The cryptocurrency project will be known as Unit-e and the institution to carry out this project is “Distributed Technology Research”. The institution has the backing of “Pantera Capital” and it is expected that this cryptocurrency will be available in mid 2019.

Recently an official communiqué was issued by researchers at MIT, Stanford University and Berkeley University, where they reveal that they are elaborating a new cryptocurrency that will have great advantages that will surpass the blockchain giant “Bitcoin” and the other cryptocurrencies that are currently available.
The cryptocurrency project will be known as Unit-e and the institution to carry out this project is “Distributed Technology Research”. The institution has the backing of “Pantera Capital” and it is expected that this cryptocurrency will be available in mid 2019.

According to its creators Unit-e will be a “decentralized and globally scalable cryptocurrency”. This cryptocurrency will be located in Berlin, the institution that carries out the project “Distributed Technology Research”. He has informed that his cryptocurrency will carry out transactions much faster than Bitcoin. Unit-e will process about 10,000 transactions per second, unlike Bitcoin which performs 2,000 transactions per second.

The creators of this cryptocurrency have extensive experience in the field of blockchain and some of them have already published research on the subject. In their publication “Decentralized Payment Systems: Principles and Design”, relate with all kinds of details what this new cryptocurrency consists of.

That the Bitcoin is not scalable is one of the criticisms, since it only allows blocks of 1MB, which generates saturation in its transactions, that is to say bitcoin was created for a smaller number of transactions and its capacity is surpassed, in the case of “Decentralized Payment Systems” claim to overcome this weakness.

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