What is Ultron

Article Summary, Automatically Generated By AI

Summary

  • ULX is the native utility coin of the Ultron Blockchain.
  • ULX is used for:

    • Securing the network through staking
    • Tracking and supporting the system of network fees
    • Fueling the ecosystem of native dApps
  • ULX performs a similar function to ETH in the PoS Ethereum blockchain.

About ULTRON Foundation

The Ultron Coin (ULX), the native cryptocurrency, serves a analogous purpose to ETH in the PoS Ethereum blockchain. As the native utility coin of the Ultron Blockchain, ULX plays a multifaceted role, encompassing network security through staking, facilitating the tracking and management of network fees, and powering the ecosystem of native decentralized applications (dApps).

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