The GLOW consensus protocol is the core mechanism of the UltronGlow network. GLOW integrated 4 consensus protocol into 1 for the moment, 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 protocol which combined 4 consensus in the blockchain history. Research continues following the White Paper and ORIGIN implementation with new variants of the protocol developed and published gradually.
UTG is the native token of UltronGlow blockchain network. It is the currency of UltronGlow apps such as smart contract, DApps. NFT, Metaverse and so on. Any user in 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.
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.
The Blube Pro wallet is a multi-chain wallet that support UltronGlow and the rest of the hottest public blockchain 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.
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 exchangesA cold wallet is an offline wallet. It is not connected to the internet and is used for securing storing funds that do not have to be frequently accessed. Examples include hardware wallets - which is a secure hardware device that stores the wallet’s private keys - and paper wallets.
Smart contracts are the fundamental building blocks of UltronGlow application. They are computer programs stored on the blockchain that allows us to convert traditional contracts into digital parallels. Smart contracts are very logical - following an if this then that structure. This means they behave exactly as programmed and cannot be changed. A digital marketplace built on these automatic, cryptographically secure processes. A place where transactions and business functions can happen trustlessly — without intermediaries.
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 smart contract.
The goal of designing an incentive scheme or reward is to ensure that it is in each person’s self-interest to behave in a way that makes the overall system function stability and reliability. Using mathematics, game theory and economic theory, the incentive system has been designed to do just that, including providing appropriate rewards for operating full nodes, incentives to delegate stakes, a means of setting transaction fees, and more.
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.