Unitus (UIS) is a cryptocurrency that uses a superior technology of blockchains. Unitus is a digital currency that uses a system of multi algorithm which includes five independent algorithms. Unitus (UIS) use of five independent algorithms is to keep the blockchain secure. It also allows the cryptocurrency blockchain to be mined by anyone who wishes to mine the coin. The miners do not have any restriction over their mining hardware. The miners can mine the token with their personal computer’s Central Processing Unit, Graphic Processing Unit or using any Application Specific Integrated Circuit.
Unitus, the cryptocurrency UIS, was announced in the month of December, in the year 2014. Unitus crypto tokens UIS was released on December 27th, 2014 and the miners began mining on the same day. Unitus began trading of UIS on December 29th, 2014. This trading of UIS was conducted in almost all the major exchanges for cryptocurrencies. The Unitus version 0.9.3.1 was released on January 11th, 2015. This version was for fixing of bugs and for maintenance of the blockchain. The latest version of 0.14.2 was released on October 7th, 2017.
Since Unitus uses a system of multi algorithm, it is also known as Merge Mineable cryptocurrency. Merge mining makes the mining activity super energy efficient. This merge mining also enables the miner to mine the parent coin, UIS, while contribute a network hash rate to Unitus at the same time. The miners are benefitted doubly with merge mining. They earn the mining rewards for mining the parent coin and they earn Unitus at the same time.
Unitus is dedicated to make the distribution of Proof of Stakes (PoS) fair. There is no need and opportunity of pre-mining the token. There is no Initial Coin Offering of UIS and no developer’s tax is charged for UIS. Unitus (UIS) is a cryptocurrency that provides just pure rewards to the miners. A gradual decline is designed in the block rewards in Unitus. This gradual decline in block rewards resembles the natural decline of a valuable resource.
Unitus was designed and developed as a project which is community centered. The objective of developing Unitus is of uniting smaller groups of Crypto coin enthusiasts. Unitus is an open source project which is decentralised and public. This project is free for anyone who wishes to use this project. This Unitus has a very strong potential as it provides to people from all over the world a common ground to work together.
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