Ubiq

Ubiq is an EVM-compatible proof-of-work public chain forked from the Ethereum client code, with chain ID 8 and UBQ as its native coin. It keeps Solidity contracts and the existing developer toolchain working while changing the consensus layer: the target block time is about eighty-eight seconds, and the accompanying Flux difficulty algorithm suppresses reorganisations on a network with modest hashpower, so smaller miners still produce steady blocks.

The network had no premine and no public capital-raising stage, and maintenance rests with community developers spread across regions. On-chain governance runs through the Escher system, with proposals and votes recorded in contracts; the Gubiq client is written in Go, and wallets come in desktop, hardware and browser forms. UBQ pays transaction fees, and circulating supply is around forty-two point six million.