What have we gone through to achieve excellence? Our blockchain is an ever-evolving masterpiece that will be the storage alternative of the future
UltronGlow is a public blockchain and decentralized storage network, created from the ground up using research, peer-reviewed technology, and a rigorous development model based on web 3.0.
The concept of UltronGlow was first proposed in 2019 by Base’s programmers inspired by Ethereum, and it is positioned as a “blockchain platform for distributed edge computing and fragmented storage applications“.
The goal of UltronGlow is to build a distributed edge computing and fragmentation storage network that can truly integrate the virtual world with real-world business.
UltronGlow’s consensus mechanism is called GLOW. GLOW currently has assembled four major consensus mechanisms PoS (Proof-of-Stake), PoSR (Proof-of-Storage Resource), PoSV (Proof-of-Spacetime Verification), and PoTS (Proof-of Traded Storage) to maintain the smooth operation of the entire UltronGlow network.
“Origin” Work Scope
GLOW CONSENSUS PROTOCOL
The GLOW consensus protocol is the core mechanism of the UltronGlow network. GLOW is a combination of four consensus mechanisms, which are Proof-of-Stake, Proof-of-Storage Resource, Proof-of-Traded Storage, and Proof-of-Spacetime Verification. It is the first innovative and provably secure protocols.
UTG is the native token of the UltronGlow blockchain network. It is the currency of UltronGlow apps such as smart contracts, DApps, NFTs, Metaverse, and so on. Any user anywhere around the world can use UTG as a secure exchange of value without requiring a third party to mediate the exchange. Every transaction is permanently, securely, and transparently recorded on the UltronGlow blockchain.
ULTRONSCAN BLOCK EXPLORER
The Ultronscan block explorer allows users to see information about the latest transactions. Searches can be made on addresses, transaction hash, block height, storage traffic, pledge quantity, current revenue, Ultron nodes, etc.
The Basemeta wallet is a Google Chrome extension wallet for UltronGlow that allows users to store their UTG and link into any smart contracts or DApps of UltronGlow.
BLUBE PRO WALLET
The Blube Pro wallet is a multi-chain wallet that supports UltronGlow and the rest of the hottest public blockchains such as BTC. ETH, etc.
The Glow Testnet is a free-to-use blockchain that is designed for testing purposes. It runs code that is the latest UltronGlow Origin release version. UltronGlow users – such as exchanges, developers, and the regular community – can use the testnet to test in a production-like environment off the main network, since the testnet has the same functionality, integration capabilities, and properties as the UltronGlow production environment. The testnet also enables us to receive pre-release feedback from users to help us make improvements.
HOT AND COLD WALLETS
A hot wallet is connected to the internet and can be accessed at any time with the requisite keys. Examples of hot wallets include mobile and software wallets, and funds stored on exchanges. A cold wallet is an offline wallet. It is not connected to the internet and is used for securing and storing funds that do not have to be frequently accessed.
Smart contracts are the fundamental building blocks of UltronGlow applications. This means they behave exactly as programmed and cannot be changed. A digital marketplace built on these automatic, cryptographically secure processes.
Committed to the health and diversity of UltronGlow, stake pool operators (SPOs) act as the driving force of the ecosystem, being responsible for transaction processing and block production in GLOW. A stake pool is a reliable server node that focuses on maintenance and holds the combined stake of various stakeholders in a single entity with a smart contract.
CONSENSUS INCENTIVES AND FEES
The goal of designing an incentive scheme or reward mechanism is to ensure that it is in each person’s self-interest to behave in a way that makes the overall system function stable and reliable.
The first exchange to list UltronGlow’s token (UTG) is Hotcoin Global. Before the main network of UltronGlow is born, the token (trc-20) of UltronGlow listed in Hotcoin Global for trading.