FAQ
Network Name:
Ubiq
What type of blockchain is Ubiq?
Smart Contract / EVM
Is Ubiq a public or private blockchain?
Public
Does Ubiq have network governance?
Yes. Ubiq uses the Escher system. ESCH tokens represent vote weight.
What is Ubiq's chainID?
8
What programming language does Ubiq use for Smart Contracts?
Solidity
What is Ubiq's average block time?
22 Seconds
What is Ubiq's consensus mechanism?
Proof of Work
What is Ubiq's mining algorithm?
Ubqhash
Does Ubiq support network tokens ?
Yes
What token standards are supported on Ubiq?
Currently ERC-20 / ERC-721 / ERC-1155 are supported
What is the current DAG size?
< 2Gb
What is the current chaindata size?
Full chain ~20Gb, Lite ~3Gb
What is the block reward?
1.5 UBQ
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