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Topic: [UTTC] Under The Table Coin - A faster, cheaper fork of Monero. (Read 327 times)

newbie
Activity: 18
Merit: 0
Shameless bump again.
newbie
Activity: 18
Merit: 0
Yes, we are working as hard as possible within our limits to gather a team of developers
to help with the project.
newbie
Activity: 1
Merit: 0
still working buddy?
newbie
Activity: 18
Merit: 0
Shameless bump. This is gonna get lost in the ocean of posts if I don't.

It's been a few days and no replies so hopefully I get some discussion going
because I'd like to talk with you all about the project.
newbie
Activity: 18
Merit: 0
Project Details:
Under The Table Coin
A faster, cheaper fork of Monero designed to power scalable, anonymous DeFi platforms.

  • Name: Under The Table Coin
  • Ticker: UTTC
  • Max Supply: 18,000,000
  • Decimals of Precision: 12
  • Network Difficulty Target: 1 minute
  • Confirmation Time: 3 minutes (3 blocks)
  • Confirmation Time for Mining: 3 minutes (3 blocks)
  • Emission Factor: 23
  • Tail Emission: 0.3 UTTC
  • Consensus Mechanism: Proof of Work
  • Algorithm: RandomX
  • Genesis Block: Brand New (chain not copied)

UTTC is forked from Monero v0.18.

UTTCex
UTTCex is a DeFi platform built on UTTC.

Our platform is designed to make transactions instantaneous and avoid network fees by using off-chain
methods after a user or business deposits cryptocurrency. This means that you can move your assets from
person to person or account to account across different cryptocurrencies seamlessly, without the need for any
intermediaries or additional fees.

NFT's can be transferred instantly as well!

A majority of transactions occur off-chain within the UTTCex network,
therefore reducing foreign-network load across all supported chains.

How does UTTCex sustain itself?
By providing P2P services like trading cryptocurrencies, loans, and in the future, in-person ATMs that will
support cash deposits and withdrawals for a minor fee. A significant portion of the fee goes back
into the network and ATM itself, and a small fraction to the UTTC team.

How is our CEX able to support DeFi?
By providing the capacity for anyone to build their own applications on the network.

Wait, loans?
Yes, the tokenomics of our loan system can be found on our whitepaper.

https://www.uttcex.net/whitepaper.php

Join our Discord!

What's the goal?
The world's banking systems from all governments are planning to centralize, incorporating FinTech + CBDC.
In America they plan to release SB 686 known as the Restriction Act, which has the potential to cripple
this project since it's based in the US and is not globally decentralized yet.

We launch the mainnet in June, after that there is 1 month for us to grow large enough to have
a sense of financial standing in the world with this chain and escape restriction.

Why are we just hearing about this now?
I am currently the only developer and I'm also pretty poor compared to the average American and I do not have
the personal funds to pay for advertising and marketing agencies.
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