As a member of the EEA, Unicorn Ultra Network (U2U) is part of a community of EEA organizations working to advance Ethereum and drive industry adoption. In the Q&A below, EEA interviews Unicorn Ultra Network CMO Chloe Phung about how the organization contributes to the Ethereum business ecosystem.
Please introduce your company and yourself.
My name is Trang Phung, Chief Marketing Officer at U2U. I am also an experienced entrepreneur and manager with a huge passion for financial investments and technology, especially financial technology.
The U2U network is a Directed Acyclic Graph (DAG) based chain that is EVM compatible. Our primary focus is to provide infinite scalability and decentralization based on demand. We are committed to providing powerful solutions for practical applications and aim to provide comprehensive solutions tailored to enterprise-level requirements.
Helios Consensus will form the backbone of the U2U network, achieving up to 72,000 transactions per second (TPS) at launch. In stress tests on our development network, we achieved up to 500,000 TPS thanks to sharding technology. The system guarantees fast transaction finality, typically within 650 milliseconds, and is powered by a four-layer aBFT consensus protocol that includes dPOS, POET, POR, and TEE. Additionally, integrating features such as multiple sharding mechanisms, subnet technology, and OstracismVM reflects our unwavering commitment to the adaptability, efficiency, security, and scalability of the network.
What first brought you to the EEA and why did you decide to become a member?
As mentioned above, we are committed to providing robust solutions for real-world applications and aspire to be a one-stop solution for enterprise-level requirements.
For that reason, it is important for Unicorn Ultra Network to operate with a mission to seamlessly merge its proven business model and products with the Web3 space and expand its reach and influence on a global scale, while also becoming one of the leading EVM-compatible blockchains. I think. Together with the EEA, we help businesses adopt and use Ethereum technology and create a world of collaboration built on a new foundation of trust.
In addition to the shared mission and vision with the EEA, the Unicorn Ultra Network aims to disseminate cutting-edge technologies and knowledge to the EVM community within the Alliance and the global community through events and webinars hosted by the EEA. We also aim to foster new collaborations and connections with like-minded partners. As a member, Unicorn Ultra Network also gains voting rights on the technical development work of the Alliance and the Ethereum community, thereby contributing to the development of the global blockchain industry.
Unicorn Ultra Network has decided to join EEA membership in recognition of the alignment of our mission in terms of expansion and the benefits to communities in the EEA.
What are you currently working on with Ethereum? How will end users benefit from your work?
As previously mentioned, Unicorn Ultra Network is built with EVM compatibility. We are working towards a world where developers and dApps on the Ethereum network are seamlessly supported by advanced technologies and algorithms to achieve adaptability, efficiency, security, and scalability.
Through a shared vision and mission, Unicorn Ultra Network and the EEA are advancing a future ecosystem where end users can benefit from infinite scalability and decentralization as needed.
How will the EEA strengthen your organization’s current efforts?
As an EEA member, Unicorn Ultra Network hopes to connect with influential companies across all sectors around the world. EEA membership is expected to provide Unicorn Ultra Network with unparalleled access to cutting-edge advancements in Enterprise Ethereum blockchain technology. Additionally, by leveraging its extensive outreach and established connections in the EEA, Unicorn Ultra will have the opportunity to grow its community and expand its network to establish a notable presence in the Ethereum community and enhance global brand awareness.
Additionally, as a member of the Alliance, Unicorn Ultra Network has access to the latest trends in the Ethereum ecosystem. This is especially advantageous for us as we focus on B2B enterprise businesses. The EEA serves as an ideal bridge to enable the Unicorn Ultra Network to collaborate with a wide range of enterprises ready to embrace and implement new EVM trends.
What EEA program are you most excited about?
As Unicorn Ultra Network focuses diligently on building infinite scalability and decentralization on demand, its entry into the EEA has generated great excitement, especially with regard to DeFi and security projects within the alliance. Programs anticipated by Unicorn Ultra Network include the DeFi Valuation, Management and Accounting (DRAMA) Working Group and Ethereum Training Quality (ETH TQ).
With so many programs, Unicorn Ultra Network has high expectations for you to build outstanding partnerships, engage in valuable learning experiences, and make meaningful contributions to these programs. We also look forward to being part of a community of talented developers and hosting community hackathons, an important aspect of our partnership with the EEA.
Learn more and connect with the EEA
The EEA allows organizations to adopt and use Ethereum technology in their day-to-day business operations. We enable the Ethereum ecosystem to develop new business opportunities, drive industry adoption, and enable learning and collaboration. Join us and contribute to our work!
Click here To learn more and contact us about EEA membership (email protected).