An introduction to Ubiq

we are all dev.

Ubiq is a peer-to-peer network for employing decentralized computer programs commonly referred to as “smart contracts”. It is a permission-less, public blockchain which operates under an open source spirit of participation.

There is no company or individual that owns or maintains control over the network. All functionality, operations, transactions and code are viewable openly to anyone.

Participation, whether transferring value or deploying / interacting with contracts requires only an understanding of the system, and some of the network's native token UBQ in order to transact.

There was no pre-mine coin allocation to anyone ahead of launch, and there was no Initial Coin Offering (ICO) to raise funding to develop the network. There has been zero developer taxes at any point across the history of the network, and the entire effort is purely voluntary and donation based.