Recap of The Unicorn Gathering #2: Paving Paths of Progress For A Welcoming 2024

During the Gathering, she provided some key achievements of U2U Network in 2023 as well as some exclusive news for 2024, an expected year of U2U Network with many potentials lying ahead. 

Let's have a look at what key points were discussed during the Gathering with our first recap of 2024!

U2U Network Attendees:

Ms. Amber Pham from U2U Network

Mrs. Thuy Anh - Head of BD from U2U Network

Mrs. Thuy Anh: “I'm Ann, the Head of BD at Unicorn Ultra, and I've been wading through the blockchain universe like a space explorer on a cosmic odyssey. I've co-founded The Lighthouse Ventures, where the ROI rollercoaster felt more like a thrilling sci-fi plot twist - promising at first, then a bit of a plot twist nosedive. It's like being in a spaceship with Elon Musk - exciting, unpredictable, and occasionally making you question your life choices.

I found all my answers at Unicorn Ultra, my shining beacon in the crypto wilderness! Finally, a place where blockchain isn't just a buzzword thrown around like confetti at a New Year's Eve party. So, buckle up, fellow space travelers, because at Unicorn Ultra, we're turning blockchain confusion into blockchain fusion, and you're here with Ann - Chief Unicorn Enthusiast. I hope we'll all have a great time together and make sure you're ready with your best answer because our attractive reward awaits you.

Q&A

U2U Network team questions

[Ms. Amber]: Could you provide us with an overview of U2U Network's distinct features and how it differentiates itself from other blockchain platforms?

[Mrs. Thuy Anh]: Regarding U2U Network, it is a Directed Acyclic Graph (DAG)-based chain compatible with the EVM. Our primary focus is to deliver infinite scalability and decentralization on demand. We are dedicated to providing strong solutions for practical applications and aim to serve as a comprehensive solution for the needs of enterprise-level requirements. We believe in breaking boundaries and setting the stage for a future where the blockchain is not just transformative but transcendent.

What sets the U2U Network apart from other alternatives is its remarkable performance and its recognition of the need for decentralized real-world applications, positioned at the core of its operations.

By applying the Helios Consensus as one of the unique aspects, forming the backbone of the U2U Network, U2U Network is able to achieve a peak of 500,000 TPS during a stress test, thanks to sharding technology. This system ensures quick transaction finality, typically within just 650 milliseconds, and is fortified with a quadruple-layered aBFT consensus protocol that includes dPOS, POET, POR, and TEE. Multi Sharding Mechanism, Subnets Technology, and OstracismVM are also the elements that showcase our commitment to adaptability, efficiency, security, and scalability. 

U2U Network is capable of providing Decentralization on Demand (DoD) services thanks to not only its unlimited scalability network but also its readily available products that make onboarding real-world applications onto blockchain seamless and effortless. And for that, U2U Network is, without a doubt, one of a kind.

[Ms. Amber]: To give everyone a clearer picture of how U2U Network wrapped up the year, could I get some insights on the key milestones and achievements from 2023?

[Mrs. Thuy Anh]: Well, 2023 was a journey to remember as U2U Network emerged from stealth mode after a significant time of building and developing from idea to infrastructure. Even though U2U Network was not the first and only Layer 1 infrastructure, U2U had set the core of being the infinite scaling solution for real-world applications with innovation concepts including Modular technology, Multi Sharding Mechanism, Subnets Technology, OstracismVM. 

2023 was a landmark year for U2U Network. We saw some truly groundbreaking moments.

• U2U Network presenced in numerous events: Unicorn Night with Polygon, the World Blockchain Summit in Singapore, InnoEx, the Canterbury Tech Summit, the Token 2049 in Singapore, the Worldwide AI & Web3 Summit, the World Blockchain Summit in Thailand, and the December Platform NextGen. 
• Product releases in the year 2023: Nebulas Testnet, the Solaris Mainnet, and the U2U Super App. Since the release of U2U Super App, the app has achieved remarkable download numbers - 13k downloads in just 2 weeks. 
• Two campaigns stood out. The Nebulas Testnet Campaign was groundbreaking, letting users get hands-on with our features, while Solar Adventure engaged 14k participants within just a few days after launching.
• In 2023, U2U Network established 11 local communities in various languages, including English, Vietnamese, Filipino, African, Russian, Chinese, Turkish, Hindi, Spanish, etc. Our social presence had 86k members and followers across platforms and we onboarded over 700 community partners and KOLs.

[Ms. Amber]: Can you please give us some details about this product and how can it fit into the U2U Network's big picture? And how can Solar Adventure support users in navigating through U2U Super App individually and in other upcoming releases?

[Mrs. Thuy Anh]: First, U2U Super App is a pivotal element within the U2U Network ecosystem, acting as an advanced Web3 wallet. It's specifically crafted to facilitate the management of cryptocurrencies and the exploration of decentralized applications.

For users, the benefits of U2U Super App are manifold. 

• Smooth transactions and interactions within the U2U ecosystem
• A smooth, intuitive, and lag-free interface

• Enhanced security with self-custody wallet feature
• Efficient and hassle-free management of digital assets
• Valuable educational resource

The concept of Solar Adventure is structured around the release of new products in U2U Network. As each product is unveiled, participants are introduced to a new 'NFT Planet', symbolizing the exploration of new features and services within the U2U ecosystem. This integration is a key aspect of the campaign, offering a strategic approach to user adoption and interaction with the app. After downloading the U2U Super App, participants will be rewarded with exclusive NFTs from the Solar Adventure Series.

By launching the Solar Adventure, U2U Network aims to actively engage users and educate them about the network's offerings.

• Gain a deeper understanding of the network's capabilities and benefits
• A sense of community among participants

[Ms. Amber]: What does it mean when Klaytn Foundation officially becomes one of U2U Network node validators, what will the community benefit from this? How does this partnership contribute to the overall development of U2U Network, Klaytn Foundation, and the Asia Web3 Industry? 

One more emerging question regarding the partnership, will it stop there? 

[Mrs. Thuy Anh]: The core of the partnership between U2U Network and Klaytn Foundation is that both of the platforms are looking forward to a more advanced and supported Web3 industry across Asia and aiming to bring the Web3 industry in Asia to a global scale. U2U Network, with our strong roots in Vietnam, is playing a crucial role as a connector. We're essentially opening doors for Klaytn Foundation, helping those guys tap into the Vietnamese market, which is bustling with potential and innovation in blockchain.

Furthermore, the decision of Klaytn Foundation to serve as a node validator on U2U Network marks a significant leap in ensuring our network's security, efficiency, and scalability, as well as bringing a layer of trust and technical robustness. This partnership signifies a strong foundation for future growth, enhanced user experience, and a more vibrant ecosystem for developers working on Web3 projects.

Through this partnership, U2U Network will be able to expand its market, influence, and capabilities, not only within the Klaytn Foundation community but also in the broader blockchain sphere. Klaytn Foundation is one of the partners that helps us in the Korean market, a very huge and potential market.  

Klaytn Foundation being our node validator is just the initial step in this long-term partnership. 

And of course, as announced before, U2U Network is working on a Hackathon with AWS as the sponsoring partner. For your notice, AWS is the world's foremost comprehensive and widely adopted cloud platform, with a staggering repertoire of over 200 fully featured services deployed globally. With the support from AWS, the Hackathon participants will find themselves in a unique and enriched environment, enabling them to create projects with wide-ranging applications. Developers will leverage the combined strengths of U2U Network and AWS to navigate the ever-evolving landscape of web3 technology trends, positioning themselves as pioneers in the field. 

We are proud to say that we have achieved incredible partnerships and joined exciting journeys with some notable startups and enterprises, including Bit.com, Lydians Lab, Esol Labs, Bankera, Followin, VarMeta, SharkTeam, Galasta, Zoksh, ChangeNOW, etc. 

And stepping into 2024, we can guarantee that many more exciting partners are coming real soon!

[Ms. Amber]: So here is the million-dollar question that we are thrilled to ask, as for the new release at the start of 2024 and U2U Network is certainly preparing for exciting new releases, Can you give us a sneak peak? What is it and how can users benefit from it?

[Mrs. Thuy Anh]: 2024 at U2U Network kicks off with an exhilarating project: our brand-new NFT Marketplace!

It's set to be the next big thing in the Solar Adventure for our community. This groundbreaking platform is poised to revolutionize the NFT scene. I can hint that there's a related campaign on the horizon. This campaign will enable participants to gather NFTs, adding to the thrill of discovery. That's all I can share for now, but stay tuned for more surprises!

And 2024 is shaping up to be an exciting year, as we're planning to launch our most anticipated product - the Decentralized Private Network (DPN). I'm confident that DPN will be a game-changer in the industry. It's designed to decentralize data flow, significantly enhancing online privacy and security. However, I have to keep the details under wraps for now. You'll have to stay tuned for more information!

[Ms. Amber]: As we talk about the future, are there any developments in existing products, like the U2U Super App? What are the next visions of U2U Super App and what can it be enabled in 2024?

[Mrs. Thuy Anh]: In 2024, I will guarantee you that the U2U Super App will bring the definition of super app to the next level. 

First off, we're introducing a Native DEX feature. Imagine trading and exchanging cryptocurrencies directly within the app – no need for additional installations. It's all about making your crypto journey seamless and convenient.

And here's the game-changer: Account Abstraction (AA). This cutting-edge technology revolutionizes the way we interact with Web3 wallets. With AA, the U2U Super App will offer:

• Personalized security systems
• Solutions for lost private keys
• Share security across devices without theft risks, and 
• Flexibility in paying gas fees 
• Support multiple transaction bundling
• Reduce gas fees significantly

Stay tuned, because these features are set to elevate your U2U Super App experience to a whole new level!

[Ms. Amber]: What is coming up next in 2024? What can we, the community, expect? In 2024, which big names can the community expect to see alongside U2U Network?

[Mrs. Thuy Anh]: I'm just as thrilled about the dawn of 2024 as you all are! U2U Network is brimming with plans for exciting new partnerships and groundbreaking campaigns. For instance, we've already established ties with Klaytn, a project of the Korean tech giant Kakao Talk, and are gearing up for a 2024 Hackathon in collaboration with AWS. 

We're eyeing partnerships with industry giants like Worldline, a platform that supports connecting with enterprises and entrepreneurs who have needs using services based on sharing profits from transaction fees, or Gotbit & DWF - 2 of the biggest Hedge Funds in the blockchain world, and others such as TON, Impero Group in the Philippines, Spiral Ventures in Jakarta, Hacken AI, and Crypto Addict. 

• Community Questions

How many projects will developed on U2U Network in 2024? 

Interesting question! For now, we have a lot of projects waiting to be deployed or stảtt building on U2U Network. We are working with them on an occupation package and also further support for the integrating or building projects on U2U Chain. So I will leave this question for you guys to explore how many projects will be developed on U2U Chain but let's give a small reveal, it will not be less than 100. 

Where could we send user feedback/bugs for U2U Network? 

For now, you can find our communities on Twitter, FB, or any social media channel that is from Unicorn Ultra, submit your problem and our admins will support you immediately. Furthermore, we also have a bug bounty running soon, a bug bounty campaign running soon with Hacken. So stay tuned for that and make sure you don't miss any notifications because there is a great reward in the bug bounty as well.

What are your plans to incorporate AI technologies in your project and how do you strengthen security to prevent hackers?

Nice question! Security is one of the factors we mostly pay attention to. As you see we have 4 layers of protection. Let's repeat them a little bit, we have DPos, POET, POR, and TEE as well as the commitment from the community. As you see one of the layers is Delegated Proof-of-Stake which means as more delegators staking into our validator nodes are strengthened from the blockchain is enhanced and this is also getting our community more in touch with us as well. 

In terms of applying AI into our ecosystem, I must say AI is one of the trends in that we see the potential and we also see threats. Let’s say we will be self-aware before implementing any AI project that will be checked and scanned the projects are very carefully by our R&D team with many experts working to make sure the projects are safe before bringing it to the ecosystem. 

About enhancing AI and using it within U2U Network, we have the consumer layer and our very own AI product currently also working with a lot of AI partners whether in terms of education, NFT, digitalized assets, etc. We also work with all the AI enterprises in the blockchain industry. I can't say too much but keep staying tuned to have the latest and interesting updates.

Is U2U Network open to more partnerships from crypto projects to enhance security and confidentiality? 

In terms of confidentiality, I'm sure that you are also aware that with our line of products, we demonstrate very well our aim of providing security and security things as well. And of course, we are open to partnerships that help enhance security meanwhile these partnerships should help us to boost our very own very unique identity of our chain. The answer is yes, we do.