[Recap] AMA with UENC Global Ambassador Sam Lindaman — 9(May 18, 2021)

Q 1: Can you introduce us to UENC?

A: UENC is a scalable public blockchain platform that utilizes cross-chain technology. As a highly decentralized blockchain network, UENC allows its users to interact with different blockchains at the same time. In the UENC network, users can perform operations such as cross-chain transfers, exchanges, and storage of encrypted assets, as well as use the blockchain network infrastructure to develop and run complete decentralized applications.

Q 2: What can UENC be used for?

A: The reason we created UENC was due to the amount of issues we saw in the space. The main issue was cross-chain technology and implementation of real businesses. So, we are working for more tokenization of traditional businesses, DAPP development, and cross-chain asset interaction. We believe this will help the growth of the tech to the mainstream.

Q 3: Sure to start off, what are the updates you have for us?

A: So, our scalable blockchain has received some new upgrades from issues we have faced in the past. And, we are very close to release a v1.6 which we believe will be next week. You can check out our recent weekly update regarding that.

Q 4: Perfect. I saw that there was an update to the wallet too?

A: Yes of course. The latest version of #ios #wallet #Fastoken is currently available for download and installation: https://uenc.medium.com/upgrade-announcement-2c6636dc213f

Q 5: How does the UENC network charge transaction fees?

A: There are two types of transaction fees on UENC: byte packing fees and transaction broadcasting fees.

Q 6: What is the difference between the Fastoken wallet and other wallets?

A: Fastoken is a mobile light wallet for digital asset management. Fastoken is user-friendly, enabling millions of users around the world to interact with blockchain technology. Compared with ordinary digital currency wallets, Fastoken is faster, safer and more convenient.

Q 7:How can I convert coins mined with UENC’s mining machines into cash?

A: Coins mined with UENC’s mining machines can be directly converted into cash and traded on the exchange.

Q 8: What is the purpose of the project?

A: The purpose of UENC is to allow for the intergration of blockchain without the issues of speed, cost, and efficiency disrupting the experience.

Q 9: How are you trying to obtain developers?

A: The process is done by our amazing international outreach team! They have and are doing an incredible job with spreading the word, finding interested people, and onboarding them.

UENC is a highly efficient, energy-saving decentralized public chain system.