Unitus Fees

Deposit, Trading & Withdrawal fees

Unitus Exchange Fees

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What is Unitus?

Unitus comes from the English word United. The name was inspired by the idea of bringing together smaller cryptocurrencies and its communities into a larger group. Unitus runs on multiple algorithms - Lyra2RE2, Skein, Qubit, X11 and Yescrypt. All algorithms can be merge-mined (AuxPoW). There is a 1 minute block time for Unitus with each algorithm having its turn after every 5 minutes. There is no pre-mine or ICO for Unitus and the coins were distributed purely from mining rewards.

Cryptocurrency Payments Lyra2re Proof Of Work X11 Skein Mining

Launch date 2014-12-27
Development status None
Whitepaper n/a
Org. Structure Decentralized
Open source Yes
HD Wallet No
Consensus type Proof of Work
Hash algorithm Argon2d

Unitus sites

Explorer
Source code
Website
Reddit
Facebook

Coin categories

Cryptocurrency
Digital asset designed to work as a medium of exchange that uses cryptography to secure financial transactions, control the creation of additional units, and verify the transfer of assets.
Payments
Payment systems, micro-transactions and transfers.
Lyra2re
It's an algorithm that is used by Vertcoin, etc. (asic-resistant, GPU mining)
Proof Of Work
Algorithm wherein the more a miner pays for the computing equipment required to crack the cryptographic puzzle, the better chances there is to score the right to mine the blocks.
X11
It’s an algorithm that is used by Dash, etc. (ASIC mining)
Skein
It's an algorithm that is used by DigiByte, etc. (GPU/CPU mining)
Mining
It's the process by which transactions are verified and added to the public ledger, using computing power
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