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A new digital currency, called Unit-e, which could become a serious rival of bitcoins, was developed by a group of American scientists from renowned American universities, reports Bloomberg.
Created by the Institute's developers (MIT), Stanford University and the University of California at Berkeley, and funded by the non-profit organization Distributed Technologies Research (DTR), cryptomoeda could achieve greater operational speed and thus resolve the
While the bitcoin can handle 3.3 to 7 transactions per second, and ethereum According to developers, between 10 and 30 years old, the new digital currency could deal with up to 30 percent of the time. at 10,000 transactions at the same time.
In terms of speed, today's cryptographic currencies are far behind traditional payment systems. The Visa payment system, for example, can handle 1,700 transactions per second.
According to Professor Pramod Viswanath of the University of Illinois, the main problem of bitcoins is their scalability, which is badociated with their technological features and size limitations. To speed up the operation of Un-e, the researchers had to "break down" blockchain technology and improve each of its components.
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