FAQ by the UFO project and its ecosystem
16.08.2022 19:55
Post earned 10000.00 UFO

Disclaimer: The author is not responsible for the accuracy, completeness or quality of the information provided.

Here are answers to the most frequently asked questions about the UFO (Uniform Fiscal Object) coin and its ecosystem. If you have a question that is not answered here, ask it in the telegram chat: https://t.me/UFObjectSchool.

How does the name of the coin stand for?

UFO - Uniform Fiscal Object

There are a lot of UFOs in Coinmarketcap, which one is yours?

All other tokens with a similar ticker appeared later and have nothing to do with this project. Be attentive and careful.

In what year was the UFO blockchain launched?

The genesis of the UFO block was mined on January 3, 2014:

In the first block 40,000,000 coins were issued (1 percent of the total issue)

In the first block 40,000,000 coins were issued (1 percent of the total issue)

Where can I buy/sell/exchange UFO?

- Graviex (the largest trading volume in BTC): https://graviex.net/markets/ufobtc

- Bit.team (P2P exchanger, bank cards, electronic payments): https://bit.team/buy/ufo

Who is the project manager/CEO?

UFO is an open source – there is no single leader here. Everyone can become a part of the development team and actively participate in the development of not only coins, but also all infrastructure projects.

Who are UFO developers?

Peter Bushnell, who participates in the development of BTC and BTC, makes a key contribution to the development of the UFO blockchain.

What about the otherwise of the projects around UFO (such as Slabber, Calcium wallet)?

A group of enthusiasts from the UFO community covers the costs of everyday full-time development out of their own pocket.

How can I support the project?

You can support the project with your knowledge, volunteer work, or tell about the project to an audience available to you. We are always happy to welcome any new participants who are happy for the future of the project.

If you have a technical background and are interested in developing applications for blockchain, write to us.

Technical issues

Is UFO a token or a coin?

UFO is a coin, it functions on its own proof-of-work blockchain.

How do I add it to MetaMask?

This is not a token, but a coin with own blockchain. The team is exploring options for creating wrapped UFO on other blockchains. At the moment, there is no such possibility.

Does UFO have explorers?

There are even two of them:

What is the maximum possible number of UFOs?

4,000,000,000 (four billion) coins.

Can administrators additionally create UFOs or withdraw them from community members?

No, that's not possible. The issue of the blockchain is controlled by the blockchain itself and by consensus between all participants.

How many coins currently exist?

At the moment, approximately 3,931,000,000 (three billion nine hundred and thirty one million) UFOs have been released.

What is the block size of UFO?

1 MB.

Is UFO stacking possible?

Exchanges where UFO has been added currently do not support UFO stacking.

Is it possible to create NFT or tokens in the UFO network?

At the moment, this is only possible through the Uniasset application — this requires an understanding of the technical intricacies of the blockchain. There is an instruction, proceed at your own risk

For ordinary users, a service is in development where the process of creating NFT or tokens will be seriously simplified.

Are UFO and BTC blockchains similar to each other?

UFO is the "younger brother" of BTC with some changes. We try to promptly transfer all updates that are implemented in the bitcoin blockchain. At the moment, work is underway on Taproot.

Fundamental differences between blockchains: UFO and BTC have different mining algorithms.

What do UFO addresses look like?

UFO addresses start with the letter U (segwit address format), or uf1 (bech32 format). Obsolete addresses start with B and C.

Does UFO have github?

UFO Storage

Where can I store UFO?

On exchanges, in the EDGE mobile wallet (Android version, Iphone version), UFO CORE computer full node wallet, non-custodial online wallet Coinb.in.

What is the UFO CORE size?

At the moment, the UFO blockchain size is about 2 gigabytes.

Is it possible to store UFO in hardware wallets?

No, unfortunately, at the moment Ledger, Trezor and others do not support UFO.

Are there any other special wallets for UFO?

Yes. One of the UFO infrastructure projects is the Walletum crypto wallet with the most complete UFO support possible. In the middle of 2022, the project is nearing the exit from the alpha version. If you want to take part in the tests, write to any of the main telegram channels.

UFO Mining

Is it possible to mine UFO?

This is possible, since UFO runs on a Proof of Work algorithm.

What is the reward for the extracted block?

As of the beginning of 2022 — 33 UFO award.

What can I mine UFO on?

It is best to mine on video cards. It is possible on processors, but it is unprofitable.

Is UFO mining possible with the ASICs?

Impossible. There are no ASICs for the NeoScrypt algorithm at the moment.

How profitable is mining?

The mining profitability calculator is posted here: https://t.me/UFOmining

To activate it, just type the command: /mining_calc@Ufo_info_bot

Development plans

Do UFO developers have any plans for the future?

Work is underway on the implementation of Taproot in UFO. This will increase the confidentiality of transactions and further reduce the cost of transactions, in addition, it is planned to support tokens and NFT at the application level.

Is there a roadmap?

There are even two of them:

The Calcium Roadmap: https://calcium.network

Does UFO have any kind of metaverse/ecosystem?

According to the action plan, UFO will have an extensive ecosystem:

Slabber - is a blog platform for authors with a non-custodial UFO cryptocurrency wallet;

Walletum - is a non-custodial multi-blockchain wallet for storing cryptocurrencies, tokens, NFT;

WebAPI - API for simplified work with blockchains;

Uniasset - is a wallet for issuing tokens and NFT.

Telegram channels

Telegram bots

Basic information

Additional useful information

Articles and press

Post earned 10,000.00 UFO

Post earned 10,000.00 UFO