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New node launched: UMI throughput - 65,535 transactions per second!

While developing UMI, we immediately set ourselves the goal of creating a network capable of quickly processing a huge volume of transactions and fully competing with the existing VISA and Mastercard payment systems. And today we were able not only to catch up with these giants, but also confidently overtake them by as much as 2.5 times (VISA is capable of processing at its peak no more than 24,000 transactions per second).

Let me tell you one secret: the UMI blockchain was technically capable of processing 65,535 transactions per second from the very first day of launch. But we artificially limited the bandwidth, because it was not necessary and to protect against unnecessary load on the network.

And even now, despite the constantly growing number of transactions on the network, there is still no special need for such a high bandwidth (the network is still successfully handling the load). However, after about a year of optimization - as a way to reach a new level and demonstrate the capabilities of the network, we developed a new node and thereby restarted the master nodes in maximum performance mode, and also generated and sent several hundred thousand transactions to the network.

Several consecutive blocks completely filled with transactions clearly show the capabilities of the UMI network and confirm the declared characteristics.

Thus, right now the UMI network is capable of processing exactly 65,535 transactions per second - more than VISA and Mastercard (no longer in the test network, but in the main network). And all this - without harm to the environment.

To successfully demonstrate the throughput, we sent 2 transactions of 0.02 UMI to all existing addresses with a non-zero balance (symbolic in connection with the release of the second version node). There were 371,329 addresses and 742,658 transactions in total. Thanks to this, 10 completely filled blocks of 65,535 transactions were formed. The UMI network processed all transfers in 10 seconds, that is, each block in 1 second.

Thus, UMI has become the fastest cryptocurrency network in the world, which actually proved its high throughput not in the test, but in the main network. In practice, we are faster than Solana, Cardano, Free TON and everyone else.

The new node also opens the way for high-quality, convenient and fast implementation of new products based on UMI, such as products from the DeFi ecosystem (tokens, stablecoins, decentralized exchanges, etc.), new smart contracts, a coin burning mechanism, games using UMI, and etc.

And one more important point: thanks to the move to a new node, the UMI blockchain has become 6 times lighter. This will allow the network not only to continue to actively develop and scale, but also not to create an unnecessary load on the masternodes and validator nodes.

The new node code has been successfully uploaded to Gitlab: https://gitlab.com/umitop/umid.

Other useful technical links:
- API documentation: https://api.umi.top/
- Main network: https://mainnet.umi.top/
- Testnet: https://testnet.umi.top/
- Technical / Structural Wallet: https://techwallet.umi.top/

More about this and links to blocks for demonstrating throughput here:
https://blog.umi.top/?p=2475

Best regards, SIGEN.pro team!

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Dear users!

At the moment, for a UMI coin on a p2p site, the minimum amount for creating an offer is set at 200 UMI. 

It is impossible to create an offer for less than 200 UMI.

If you need to buy or sell less than 200 coins, make a transaction on the exchange.

Best regards, SIGEN.pro team!
 
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Dear users!

The technical work on the site has been completed.

Changes include:
- Adding Binance Coin (BNB).
- Website optimization.

Now you can exchange, buy and sell this cryptocurrency.

Thank you for choosing SIGEN.pro!

Best regards, SIGEN.pro team!

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Dear users!

The official SIGEN.pro mobile app has been updated.

Changes:
- Adding Binance Coin (BNB).
- Now you can exchange, buy and sell this cryptocurrency.

Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen

Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102

Download for HUAWEI
https://goo.su/4ATb

Best regards, SIGEN.pro team!

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Dear users, the technical work on the site has been completed.

Changes include:

1. The integration of PZM with the ROY Club has been removed from the exchange;

2. A new API of the mobile application and the web version for the code word has been written, the check is also performed in the dashboard when calculating the security level:
- The code word is now also tracked by the date of creation;
- Added the creation of a code word to the "security settings" page;

3. Created automatic chat messages for sellers and buyers on P2P. For buyers and sellers, messages are generated to improve the convenience and safety of working on the platform;

4. Optimization and automation:
- Implemented logging of configs;
- Hidden button for canceling all orders;
- Changed links to ROY Club;
- Fixed record of the history of changes in the status of the offer on P2P;
- Fixed logging of records about the wrong 2FA code;
- The issue with the field validation in the "Withdraw" block of the wallet has been resolved;
- Solved the issue with reverse sorting in the "My offers" section;
- Implemented validation for the maximum number of characters in the "Price" field;
- In accordance with the changes in the new node, now in the "Sell Orders" for UMI, 2 decimal places are left, instead of 8;
- The issue with the operation of the "Online" filter in the list with users has been resolved;
- Fixed redirection to dashboard after authorization;
- Optimized user logs;
- Added the ability to generate a password that meets security requirements.

Best regards, SIGEN.pro team!

 
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Dear users!

The official SIGEN.pro mobile app has been updated.

Changes:
- Adding 2FA settings
- Changed automatic messages for P2P transactions
- Improved codeword
- Changed the calculation of password complexity
- Added password generation during registration

Download for Android
https://play.google.com/store/apps/details?id=com.sigen.sigen

Download for iPhone
https://apps.apple.com/ru/app/sigen/id1505741102

Download for HUAWEI
https://goo.su/4ATb

Best regards, SIGEN.pro team!

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Dear users!

Since we receive a large number of requests and requests, one way or another related to the withdrawal of PRIZM.
We decided to extend the withdrawal option and temporarily postponed the complete delisting of the cryptocurrency.

At the same time, we removed the display of PRIZM in the interface of the trading platform for all users who have less than 1 PZM PRIZM on their balance.

Hurry up to withdraw PRIZM, as after a complete delisting, all non-withdrawn coins will be irretrievably lost.

Best regards, SIGEN.pro team!

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Dear users!

The technical work on the site has been completed.

During the update, we implemented improvements that will allow us to minimize system downtime in the future and not stop trading.

SIGEN.pro is getting faster and more stable.

Thanks for waiting!

Best regards, SIGEN.pro team!

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Dear users!

The technical work on the site has been completed.

Changes include:

- The integration of PZM with the ROY Club has been removed from the exchange;
- A new API of the mobile application and the web version for the code word has been written, the check is also performed in the dashboard when calculating the security level:
- The code word is now also tracked by the date of creation;
- Added the creation of a code word to the "security settings" page;
- Created automatic chat messages for sellers and buyers on P2P. For buyers and sellers, messages are generated to improve the convenience and safety of working on the platform;
- Optimization and automation:
- Implemented logging of configs;
- Hidden button for canceling all orders;
- Changed links to ROY Club;
- Fixed record of the history of changes in the status of the offer on P2P;
- Fixed logging of records about the wrong 2FA code;
- The issue with the field validation in the "Withdraw" block of the wallet has been resolved;
- Solved the issue with reverse sorting in the "My offers" section;
- Implemented validation for the maximum number of characters in the "Price" field;
- In accordance with the changes in the new node, now in the "Sell Orders" for UMI, 2 decimal places are left, instead of 8;
- The issue with the operation of the "Online" filter in the list with users has been resolved;
- Fixed redirection to dashboard after authorization;
- Optimized user logs;
- Added the ability to generate a password that meets security requirements.

Best regards, SIGEN.pro team!

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Dear users!

At the moment, there are difficulties in the work of the platform.
This is due to a global failure of the provider, everything works fine on the SIGEN.pro side.

We expect the issue to be resolved during the day.

Thank you for understanding!

Best regards, SIGEN.pro team!

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Cryptocurrency rate 24/7 on Media SIGEN.pro!

Friends! The cryptocurrency market is experiencing historical dynamics, and now it is more important than ever to monitor the exchange rate of coins.
Now, thanks to SIGEN.pro Media, you can do it 24/7, without even visiting any sites.

A bot is now working directly in the Telegram Media channel, which displays the current rates of BTC, ETH, UMI, as well as their dynamics over the last 24 hours.

The rate is fixed by the average value on several exchanges at once (according to the Cryptorank API).
Thus, you can see the average market rate without reference to a specific exchange.

The message with rates / dynamics is pinned and updated in real time.
The new functionality allows you to instantly and at any time track the rate of popular coins.
Plunge into the cryptocurrency market with even greater comfort!

Subscribe to Media SIGEN.pro and follow the exchange rate of BTC, ETH and UMI in real time:
https://teleg.run/SIGEN_Media

Best regards, SIGEN.pro team!

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