UCN-UBICDetailed Description

UCN-UBIC Detailed Description

In the current cryptocurrency reward system, rewards are distributed to miners who ensure the safe operation of the network through Proof of Work (POW) or Proof of Stake (POS), but there is no reward for network participants. The existing reward mechanism will lead to a very uneven distribution of rewards among network participants. Therefore, UBIC proposes a new cryptocurrency system in which all participants receive rewards through the Universal Basic Income (UBI).