Scientists of seven us universities, including Massachusetts Institute of technology (MIT), Stanford University and University of California, Berkeley, has created a non-profit organization Distributed Technology Research (DTR), which will develop its own cryptocurrency Unit-e. Moreover, as planned by the scientists, transactions with the new scriptaction will take place thousands of times faster than the bitcoin network – up to 10 thousand per second, and while maintaining decentralization.
As noted by Joey Krug (Krug Joey), who heads the work on investment in venture company Pantera Capital is also involved in the work of the DTR, “to a broad audience doesn’t know what (popular) network is not massturbate”, but without it, projects can’t exist for long.
It is expected that the preparation of the starting Unit-e will take about six months. During this time, the team will consider the limitations of the blockchain technology and the need to find ways to address them to demonstrate a new breakthrough that allows you to start using the cryptocurrency around the world in the daily calculations.
Recall that in October last year, Harvard and Stanford universities, MIT, Dartmouth College and the University of North Carolina has invested tens of millions of dollars in at least one cryptoland. And earlier Yale College has invested part of its assets in two cryptocurrency Fund managed by Andreessen Horowitz and Paradigm.