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Asked Questions
What is UBA?
Universal Basic Asset introduces the concept of UBI, through research and analysis of users and their relationships, transforms the user relationships that originally existed off-chain to the chain, establishes a user relationship network on the chain, and uses the UBA network rating and analysis mechanism to cooperate with PageRank and other algorithms , to accurately analyze users and open it to WEB 3.0 developers.
Universal Basic Asset uses zero-knowledge proof to build a user data privacy layer. Through this privacy layer, users can still prove their identity and the validity of their identity tags without exposing their data to the chain. In this way, the SocialFi network and Decentralized Identity (DID) system with privacy protection in WEB 3.0 are constructed.
What is mining?
UBA Ticket mining: A percentage of all UBA yields will be distributed equally to all participating miners, regardless of computing power.
Is UBA based on a web app?
Yes, UBA is designed to be accessible with a desktop/mobile browser.
How to team up in mining?
Teaming up with a friend, and you will gain 10% of each other’s mining yields, on top of your own mining yields.
What is Quota?
1 Unit of UBA quota is required, to mine 1 unit of UBA Ticket.
How to get Quota?
Quota is free to get, by inviting friends to UBA. The amount of quota you get for each invitation reduces over time.
If Quota runs out?
Mining would then be paused, until you have more quota.
How is Mining yields distributed
Initially, 10% would be allocated to UBA Ticket mining, and the rest to computing power miners. The presence of computing power miners is essential for the market to price UBA Token.
What is cloud computing power?
If you would like to mine using computing power without a computer, cloud mining provides this option.
Asked Questions
What is UBA?
Universal Basic Asset introduces the concept of UBI, through research and analysis of users and their relationships, transforms the user relationships that originally existed off-chain to the chain, establishes a user relationship network on the chain, and uses the UBA network rating and analysis mechanism to cooperate with PageRank and other algorithms , to accurately analyze users and open it to WEB 3.0 developers.
Universal Basic Asset uses zero-knowledge proof to build a user data privacy layer. Through this privacy layer, users can still prove their identity and the validity of their identity tags without exposing their data to the chain. In this way, the SocialFi network and Decentralized Identity (DID) system with privacy protection in WEB 3.0 are constructed.
What is mining?
UBA Ticket mining: A percentage of all UBA yields will be distributed equally to all participating miners, regardless of computing power.
Is UBA based on a web app?
Yes, UBA is designed to be accessible with a desktop/mobile browser.
How to team up in mining?
Teaming up with a friend, and you will gain 10% of each other’s mining yields, on top of your own mining yields.
What is Quota?
1 Unit of UBA quota is required, to mine 1 unit of UBA Ticket.
How to get Quota?
Quota is free to get, by inviting friends to UBA. The amount of quota you get for each invitation reduces over time.
If Quota runs out?
Mining would then be paused, until you have more quota.
How is Mining yields distributed
Initially, 10% would be allocated to UBA Ticket mining, and the rest to computing power miners. The presence of computing power miners is essential for the market to price UBA Token.
What is cloud computing power?
If you would like to mine using computing power without a computer, cloud mining provides this option.