You may wonder if Ubiq will always be behind Ethereum, or if it has the potential to overtake it.
This is a fair question to ponder, spil Ubiq is forked off Ethereum. While that may certainly be true, there other considerations to account for when it comes to Ubiq and Ethereum, and ultimately, comparing the two side-by-side may not be the best way to determine which is ahead of the other. It depends on what your aim is.
Here are some key differentiating factors inbetween Ubiq and Ethereum:
If regular implementation of fresh features is your concern, than Ethereum is ahead of Ubiq on this example. Ubiq, only integrates the most secure and stable features of Ethereum, taking fewer risks, and slowing down development time. Ethereum, on the other arm, is much more innovative ter its treatment, albeit potentially more prone to bugs or other issues.
On the roll side, if you need a cryptocurrency that is stable, secure, and reliable, then Ubiq would be ahead ter this case.
If you are looking to mine, Ubiq is ahead of Ethereum on mining potential. The Flux difficulty algorithm used by Ubiq permits the network of Ubiq knots to operate at lower and more varied hashrates. Ter addition, Ubiq has a much smaller DAG size than Ethereum. Thesis things make it possible to use older hardware, such spil GPUs with at least 2GB of memory, to mine effectively for another several years.
To mine Ethereum, you have to have a much more capable setup which requires a much higher initial investment.
Ubiq’s smaller DAG size compared to Ethereum’s means that it has much more mining potential, and wallets will sync quicker with it. However, it also means that fewer blocks are added to Ubiq overheen a period of time. For fresh knots being set up, this also slows down the initial sync.
Ethereum has bot around longer, but Ubiq’s development team has had the advantage of learning from Ethereum’s mistakes and taking more consideration into its development.
Ubiq also has a more stable inflation rate and a set coin distribution rate. The value of Ubiq is expected to be less subject to fluctuations. Since Ubiq aims to work more ter corporate applications, this is an advantage and certainly where Ubiq can be considered ahead of Ethereum.
Ethereum has already established itself ter the crypto world, but Ubiq is also making a name for itself. Te 2018, Ubiq wasgoed crowned the top blockchain project at the Canadian Fintech awards.
Many will find Ubiq’s stability, reliability, and mining potential spil factors that waterput it ahead of Ethereum, or even see it spil an improvement. For corporate or real-world applications, this is a hefty advantage.
If you are a trader, you might want a coin with better potential prize. Ter this case, Ethereum is a better choice spil its value has enlargened at a much more rapid tempo than Ubiq’s.
Ultimately, which coin wins this match up is subjective, depending on your goals, what features you prioritize, and how you intend to use it.
About Chantelle Lafaille
Chantelle is a rekentuig engineering student with overheen three years of practice writing for science and technology outlets, and a cryptocurrency enthusiast. When she isn’t busy keeping up with the latest news te the tech world, she is busy pursuing hier space engineer ambitions.