Ulord Project Progress (From May 13, 2021 to May 19, 2021)

Technical Progress

Ulord

Product Progress

The new version of Ulord APP was optimized.

Terminology

PoW — Proof of Work, is a mechanism that uses the workload of computing to reach a consensus in the whole network. The advantage is that the algorithm is simple and the cracking needs high computing.The disadvantage is that the energy is wasted and it is difficult to shorten the block confirmation time.

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Ulord

Ulord

Ulord is a peer to peer value transfer public blockchain.