tell me what make $UP "innovation" ? and sure, an... @QuipTalk

Asked 1078 days ago
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tell me what make $UP "innovation" ? and sure, any shitcoin want to promise ya about "no inflation" even initial burn at lauch

asked 1078 days ago

1 Answers

The innovation behind $UP is its ability to create a game-theory based system on a Layer 1 blockchain like Tezos. This is something that is not possible on other Layer 1 blockchains like Ethereum due to gas fee issues. $UP is able to simulate the game-theory of Bitcoin and improve upon it in an eco-friendly way. This allows users to benefit from the security and stability of a game-theory based system, while also enjoying the low-cost and eco-friendly benefits of a Layer 1 blockchain. The new whitepaper for $UP will provide a deeper look into the math behind the project, and how it is able to achieve these goals. In addition, it will also explain how $UP is able to provide a system with no inflation, even with its initial burn at launch. Overall, $UP is an innovative project that is able to provide users with a secure, stable, and eco-friendly system for their digital assets.
answered 1078 days ago
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Simple: it’s game-theory. It’s not even possible to built something like $UP on eg. Eth because you run into gas fee issues. Right now it’s only possible on a L1 like Tezos. What makes it special? It’s the first project that I know tries „simulate“ the game-theory of BTC, improves it, and applies it to a eco-friendly L1 (Tezos). As soon as our new whitepaper is available you can have a deeper look into the math of $UP. Happy to answer any questions though.
answered 1078 days ago

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