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BlockUnity
Blockchain, at its core, serves as a global clock synchronization system,
ensuring transaction order and maintaining a unified global state

Blockchain, at its core, serves as a global clock synchronization system,
ensuring transaction order and maintaining a unified global state. This relies
on economic incentives, such as Proof of Work or Proof of Stake, which designate
round leaders to propose and secure the global state view.
Revolutionizing Scalability Through Consensus Export
However, global blockchain consensus can be complex, often leading to competing
state views, forks, and a lack of clear finality. Once consensus is achieved, it
establishes global time synchronization, a fundamental foundation of blockchain.
This time ordering, combined with economic incentives, can extend to related
networks, like Layer 2 (L2) built upon Layer 1 (L1).
1
Addressing blockchain scalability has been primarily revolving around creating
Layer 2 networks atop a versatile Layer 1. In these approaches, Layer 2
consensus mechanisms vary:
Understanding Current Approaches


1 Centralized Sequencer Entity:
2 Independent L2 Consensus:
Centralized Sequencer Entity: Some rely on a centralized sequencer-like entity
in Layer 2 to manage transaction ordering, simplifying consensus but raising
centralization concerns.
Independent L2 Consensus: Others opt for independent Layer 2 consensus
mechanisms, separate from Layer 1, offering flexibility but adding complexity
and requiring distinct economic incentives.
Our innovative solution introduces a concept analogous to "re-staking." Just as
a single stake secures multiple protocols, we leverage established Layer 1 (L1)
consensus to enhance the efficiency and scalability of Layer 2 (L2) blockchain
networks.

What sets our approach apart is the export of Layer 1 consensus to Layer 2
networks. Through a smart contract on Layer 1, round leaders for Layer 2 can be
selected, guided by the same economic incentives present in Layer 1. This
process streamlines consensus, reduces redundancy, enhances efficiency, and
scales the entire system effectively.
Novelty and Innovation in Our Approach

Key Takeaway:
Our approach to Layer 2 (L2) networks involves deploying a specialized contract
on Layer 1 (L1) for each L2 network. Miners commit to participate in a specific
L2 network within a time limit and with a minimum balance. L1 blocks signify
epochs on L2, where miners are chosen to produce L2 blocks based on their
commitments. A modified Fair Proof of Stake (PoS) formula is used for miner
selection. Miners create L2 blocks, which are saved in L1 to resolve possible
forks. The chain contract maintains the longest L2 chain and prevents excessive
rollbacks, ensuring security and effective branch selection based on L1
consensus.
Our groundbreaking approach combines the benefits of Layer 1 consensus with the
efficiency of Layer 2, offering a scalable, secure, and innovative solution to
blockchain scalability challenges. It is akin to "re-staking" the same stake to
secure multiple networks while significantly optimizing the consensus process.
Layer 2 networks (L2) built on top of the underlying Layer 1 (L1) offer various
economic incentives for L1 miners who want to support a specific L2 network. The
first L2 network to launch will introduce a new token that will be distributed
to miners who support it. This token will serve as a fee token within the new L2
network, similar to the tokenomics design of Ethereum 2.0. Additionally, this
network will be fully compatible with Ethereum and will support the Ethereum
Virtual Machine (EVM).

In this network, there is a token called "Unit1" that is used to cover network
fees. When used for this purpose, Unit1 tokens are removed from circulation.


UNIT1 as the first L2 of the BlockUnity multiverse
Approximately 2 Unit1 tokens are generated every minute, resulting in about
1,051,120 Unit1 tokens mined during the first year of the network's existence.
Subsequently, the mining reward will be decreasing by half each year.

During the initial year, the inflation rewards will be distributed to holders of
L2MP Mining Power tokens. These token holders are required to stake their tokens
in a special smart contract and select a generating node from the nodes
committed to participating in L2. The chosen generating node will levy a
competitive fee on the Unit1 tokens mined, typically ranging from 1% to 3%.


2

Key Takeaway:
L2 networks on L1 offer unique economic incentives. The first L2 introduces a
new fee token, like Ethereum 2.0, compatible with Ethereum and the EVM. "Unit1"
tokens cover network fees and decrease in reward volume each year. In year one,
L2MP Mining Power token holders receive inflation rewards by staking them to
select a generating node, which charges a competitive fee (typically 1-3%) on
mined Unit1 tokens.
The UnitOne L2 network serves as a blueprint for creating future L2 networks.
Miners can be motivated with rewards in either the L1 network token or Unit1
token to support new L2 networks. A fresh chain contract can be established,
with miners staking their rewards, making it straightforward to launch new
chains.

Our system enables cross-network bridges, guaranteeing seamless flow of assets
and data between Level 1 (L1) and multiple Level 2 (L2) networks connected to
it.
BlockUnity as a Chain Multiverse
This trustless interaction is achieved by sharing cryptographic digests of L2
network states with L1 and vice versa.

L2 state digests are shared with the primary L2 contract on L1.
A dedicated L2 contract keeps L1 state digests up to date, facilitating L1 to L2
interactions.
These digests verify bridge transactions on L2.

Key Takeaway:
UnitOne's L2 network serves as a model for future L2 networks, with incentives
for miners in L1 tokens or Unit1 tokens to support new L2 networks. We've
simplified this process with chain contracts.
3
Revolutionizing Scalability Through Consensus Export:
 * Our approach exports Layer 1 (L1) consensus to enhance Layer 2 (L2) networks,
   streamlining consensus and scaling effectively.


Revolutionizing Scalability Through Consensus Export:
Takeaways
Our approach exports Layer 1 (L1) consensus to enhance Layer 2 (L2) networks,
streamlining consensus and scaling effectively.

Revolutionizing Scalability Through Consensus Export:
Our approach exports Layer 1 (L1) consensus to enhance Layer 2 (L2) networks,
streamlining consensus and scaling effectively.

UNIT1 as the First L2 of the BlockUnity Multiverse:
 * The first L2 introduces Unit1 tokens for network fees, akin to Ethereum 2.0,
   with decreasing rewards.


BlockUnity as a Chain Multiverse:
 * UnitOne L2 serves as a blueprint for future L2 networks, simplifying new
   chain launches.


 * Our system enables seamless asset and data transfer between L1 and multiple
   L2 networks.

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