About the project
We have been trading for a very long time on the exchanges and participated in various projects.
We are always looking for a real currency that would fit the complex market of alternative crypto currencies, from problems that we might note - high volatility, coin mining, coin quantity and so on.
Based on all our trading experience on the stock exchanges with various crypto-currencies, we decided to make the ideal currency for trading.
We needed to take into account the amount of time, think through the correct policy of foreign exchange interventions and have a clear vector for its further development.
This is a long-term project, it was created for people who want to create new opportunities in the markets. First of all, we should never forget that this currency was created as a standard for conducting trading on exchanges - this is its essence.
We will develop it throughout our 5-year plan.
What opportunities do you get?
We guarantee competent regulation of the market, which will take into account the interests of all participants and investors for smooth growth with minimal risks
How to work UniversalRoyalCoin?
For UniversalRoyalCoin specifically, PoW and PoS blocks are independent. Just as you're betting your consumed electricity and CPU-time vs. the possible PoW-blok's reward, in the PoS blocks you're betting your coin-age: the amount oF PPC you own multiplied by the number of days they've sitted idly at your wallet.
It must be a minimum of 30 and a maximum of 90 days for your coins to start generating tickets for the PoS raffle.
Should your ticket win, you earn 1% interest and lose all your coin-age, so your coins are, from the network POV, as though you had just received them. I.e. you'll need to wait another 30 days for them to be able to pay you interest again.
Over time, though, you're just supposed to earn about 1% annually.
Since code for PoS and PoW are independent of each other and the concept of PoS so new, there have been a couple bugs to be fixed plus a kind of attack was found that allowed users to generate a lot of PoS raffle-tickets for "free" - fortunately developers has been able to fix such problems quickly
Currency is a tool
How UNRC will be used?
GPL v3 Open License