Witnessing explosive immense growth over the past few years, we have realized many new emerging blockchains started making a move in competition with Binance Smart Chain commonly known as BSC. Like other DAO projects, Upcomings Chain is a genuine follower of this popular blockchain overcoming the shortcomings of the existing blockchain.
Upcomings Chain is introduced to solidify its position to begin a journey to be the most popular DeFi ecosystem to reach an account of more than $20 billion in terms of assets and become a successful DeFi protocol.
Presenting the utmost benefits right from low transaction fees, exceptional high throughput, and rapid transaction completion times, UPC intends to be a low-cost alternative to other hyped blockchains out there.
The team plans to hire hundreds or thousands of crypto projects and assets in collaboration with this new platform recently deployed on official protocols. By leveraging the complete power of blockchain technology as well as smart contracts, Upcomings DAO developed its own blockchain in the name of UPC to create a safer, transparent, reliable, open to all and decentralized internet platform for empowering the individuals and communities around the space.
This blockchain platform portrays an entire suite of DeFi applications such as prediction markets, exchange, yield farms, staking platforms, an NFT marketplace, Metaverse, and much more.
The native asset for Upcomings Chain called as UPCG coins offers a wide variety of use cases and terms to reduce the high inflation being one of the primary source reward assets for participants in the entire ecosystem.
UPC is a decentralized blockchain platform that supports different DApps and many large-scale applications belonging to GameFi, SocialFi, and the Metaverse domains. Upcomings Chain is a proof-of-authority-based blockchain quite compatible with the network protocols which allows common users and developers to build DApps and feasibly migrate to the core chain.
Features of the Upcomings Chain
· UVM compatible
· Consensus Layer
· Core hub to multi-chains
· Offers high transaction volume
· Deployed on the Proof-of-Authority consensus mechanism
We believe that Upcomings Blockchain will be the next big thing in the crypto industry sketching out the growth this network has started experiencing. It is currently the faster and cheaper on-spot platform with advanced smart contracts providing developers with major factors that other projects lack.
Upcomings Chain
Upcomings Chain is an innovative blockchain developed on a Proof of Authority (PoA) based solution to eliminate the increasing gas fee concerns and to support the short block time. It is a virtual machine deployed on a blockchain network operating on 2 modes of the mainnet and testnet and POA algorithm.
Moreover, this chain primarily emphasizes a user-developer-friendly ecosystem offering a transaction confirmation ratio of over 7 secs and low fees of around $0.01.
UC frames its operation based on two major protocols- Upcomings rollup and Zero-knowledge (Zk) rollup which is responsible to grant the relevant permissions going between the algorithm and node creation. It backs up the advanced smart contract development as well as the asset development service showing pre-load prompts and API to developers.
Here the protocols can directly interact with pre-loaded prompts, API, and nodes as well. Moreover, the POA algorithm of this blockchain supports the deployment of digital assets, NFTs, and smart Contracts in a way secure environment.
Upcomings Chain (UC) Architecture
1. UC Layering Architecture
2. UC Cross-Chain Protocol
3. UC Design
4. Native Currency of UC- $UPCG coin
5. UC Configurations
Smart Contracts of Upcomings Chain
1. Governance Contract
2. Validator Set Contract
3. Vault Contract
4. Staking Contract
5. Slashing Contract
6. Bridge Contract
Steps to Add Upcomings Chain Network to your Wallet
Now, as the blockchain has been deployed and is currently live as the official platform, you can instantly add Upcomings Chain network to your MetaMask, Trust wallet or any supporting crypto wallet with only three straightforward steps:
Step 1: Open the “Add Network” option in your wallet
Step 2: Fill in the parameters given below
· Network name: Upcomings Chain
· New RPC URL: https://mainnet-rpc.upcomings.io
· Chain ID: 21239
· Currency symbol: UPCG
· Block Explorer URL: Optional
Step 3: Click on “Update”.
The procedure is as simple as a cup of tea with many future benefits, so do not wait for doom, go ahead and explore this new blockchain offering advanced features, unlike other existing platforms. We bet on the deal that this platform will leave you speechless in terms of performance, accuracy, response time, faster transaction, user interface, etc.
Use Cases to be Introduced on Upcomings Chain
We are planning for over a year time period to create, design, and deploy multiple applications (smart contracts) on Upcomings Chain for common users and active community members to freely access the tokenized benefits for future tenure. Here are the protocols and aspects that we plan to develop applications on, where few are in process, some of them under review and minutes will be released by the end of the year:
· Tokens
· Wallets
· Dex
· Defi apps
· Web3 Games
· NFT
For accessing and reading out the complete documentation about the Upcomings blockchain, you can find it here: https://docs.upcomings.io/.
website: https://upcomings.io/