uPlexa - Privacy, eCommerce, IOT mining, DVPNS since 2018
uPlexa is a p2p electronic payment system focused on harnessing the power of
IoT and privacy. Built on its own blockchain, utilizing a modified version of the
Cryptonote algorithm, uPlexa was developed to interlink the collective power of
IoT (internet of things) devices as a whole. All the while, supporting privacy-based
payments, and ultimately, ecommerce and privacy-based software.
uPlexa also supports private payments and profitable IoT transaction
mining. uPlexa is ASIC resistant, and also aims at being the most profitable coin
for users with IoT devices to mine by utilizing a specific percentage of unused
resources. By targeting low-power architecture, uPlexa becomes one of the few
cryptocurrencies that can be considered eco-friendly. uPlexa's blockchain is
directly accessible and minable via the web, with absolutely no need to download
any external resources.
Utility nodes (UN's) will help us enable instant transactions in the future for
uPlexa, without compromising privacy. UN's will also eliminate the chance of any
51% PoW based attack on the uPlexa network. This is due to UN's being able to
help verify blocks at a faster rate than PoW, whilst still allowing PoW to confirm
that the chain is aligned properly and that no fork has occurred. Later, it will only
require 1-2 PoW based block confirmations to securely confirm a transaction. At
said time, block times will likely be decreased from two minutes to 15-30 seconds
depending on our purging technology at this time.
IoT and privacy. Built on its own blockchain, utilizing a modified version of the
Cryptonote algorithm, uPlexa was developed to interlink the collective power of
IoT (internet of things) devices as a whole. All the while, supporting privacy-based
payments, and ultimately, ecommerce and privacy-based software.
uPlexa also supports private payments and profitable IoT transaction
mining. uPlexa is ASIC resistant, and also aims at being the most profitable coin
for users with IoT devices to mine by utilizing a specific percentage of unused
resources. By targeting low-power architecture, uPlexa becomes one of the few
cryptocurrencies that can be considered eco-friendly. uPlexa's blockchain is
directly accessible and minable via the web, with absolutely no need to download
any external resources.
Utility nodes (UN's) will help us enable instant transactions in the future for
uPlexa, without compromising privacy. UN's will also eliminate the chance of any
51% PoW based attack on the uPlexa network. This is due to UN's being able to
help verify blocks at a faster rate than PoW, whilst still allowing PoW to confirm
that the chain is aligned properly and that no fork has occurred. Later, it will only
require 1-2 PoW based block confirmations to securely confirm a transaction. At
said time, block times will likely be decreased from two minutes to 15-30 seconds
depending on our purging technology at this time.