Archethic UCO Price 0.05056005

What is Archethic?
Archethic promises to secure accounts by tying them to a secure version of one's fingerprints. Archethic wants to provide access to all technologies with the touch of a finger while simultaneously protecting one's identity. Archethic wants to be the best layer-one blockchain by providing faster validation times and higher scalability.
Decentralized identities, secure health records, and smart cities are some of the imagined use cases.

Who are the founding fathers of Archethic?
A group of French financial professionals and computer science experts founded Archethic. The CEO spent ten years as Head of Mobile Banking in Africa and the deputy director of Group Identity at Orange. Nilesh Patankar was the VP of Product Development and Innovation at Mastercard. The team is composed of researchers from cole Polytechnique in Paris and professionals with work experience at renowned companies.

What makes Archethic unique?
Archethic has developed a proprietary and patented consensus mechanism called ARCH that can be used for several use cases. Archethic claims to be the first on the market to provide a way to use the blockchain for identity verification. This could be used to give access to major public events without having to reveal our identity. The data from your finger will be used to generate several keys that will never be disclosed and will be used to protect our digital identity.
Archethic claims to be able to integrate a lot of different services like payments, inventory management, data storage and security. This would change the structure of current services, where separate companies provide different services in traditional server-client relationships.

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How many UCO coins are in circulation?
10 billion is the total supply of UCO.


The funding sale was 38.2%. Deliverables make up 23.6% of the total. The network pool is 14.6%. 9% enhancement The team is 5.6%. The exchange rate was 3.4%. There is 3.4% marketing. The team is 2.2 percent.
Archethic has a market cap of 25.1 million dollars. The token that was not part of the initial sale will be vested over a period of two to five years.

How is the Archethic Network secured?
The ARCH consensus mechanism is similar to the directed acyclic graph consensus mechanism due to its treatment of transactions as atomic units. Securing the origin of a transaction is the basis of mining. 295 miners are required to verify transactions. The network chooses which miners get to verify transactions in a fair and geographically distributed way.
Since transactions are chained together individually, each transaction chain will be stored in a reproducible and ordered way. The closest "elected" nodes will be able to relieve the network by interrogating the rest of the network.

Where can I buy Archethic?
UCO can be found on UniswapV2, Bitglobal, and Probit Global.
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