[Recap] AMA with UENC Global Ambassador Sam Lindaman — 13(July 13, 2021)
Q 1: Can you explain what UENC is?
A: UENC is a scalable public blockchain platform that utilizes cross-chain technology. As a highly decentralized blockchain network, UENC allows its users to interact with different blockchains at the same time. In the UENC network, users can perform operations such as cross-chain transfers, exchanges, and storage of encrypted assets, as well as use the blockchain network infrastructure to develop and run complete decentralized applications.
Q 2: What is UENC’s total circulation?
A: UENC’s total supply is 200 million coins.
Q 3: Does UENC have its own wallet? What is it used for?
A: Yes. UENC’s wallet is called Fastoken. Among many more common functions of a digital wallet, users can also connect and manage mining machine addresses. More functions are continuously being developed and upgraded.
Q 4: What is the “impossible triangle” of blockchain?
A: It means it is impossible to achieve decentralization, scalability, and security in the blockchain
Q 5: What are UENC’s future prospects?
A: UENC’s path to appreciation is very clear, and we have a wide range of application scenarios. With the further improvement of the ecosystem, UENC has innovative core technologies to achieve a more efficient and safer circulation of assets compared with mainstream digital currencies. In the future, it will become a match for mainstream digital currencies. With the dark horse leading the world economy into a new era of token economy 3.0, UENC will lay a solid foundation for the ultimate popularization of digital currency, allowing the digital currency to be accepted and recognized by more people through interconnection and interactive use.
Q 6: Why did you create UENC?
A: The main reason I joined the team was because of the vision of an easy-to-use blockchain. My main reason was that it gives the power back to the community — to the people who care about the network. Having one person or a board make decisions on behalf of a community can be a dangerous game. The community encompasses the people who use the platform and know what should and shouldn’t be changed — and with UENC, they can do just that!
Q 7: Partnerships?
A: We have numerous partnerships in china