UPLEXA: MAKING USERS UNRESTRICTED WHEN USING CRYPTOCOINS

INTRODUCTION
Having a new type of money to use has made people so intrigued about cryptocurrencies and this was expected even before BTC was created because of the simplicity and the values they have over the real life currencies. However, since its creation, it should have improved and become as useful as the existing fiats currencies that find their use as payment means in every sector. If this new type of currencies (crypto) too can be made as useful as this, it will become more accepted and will possibly take over the world as Nakamoto has wanted it to be. If this is ever going to happen, the only platform that is capable of making that possible is called UPLEXA.

UPLEXA DESCRIPTION

This project plans to make using cryptos easy for everyone who willingly decides to use it whether its the old or new users. Using the blockchain and the power of IoT infrastructures is what it depends on to make a difference in the community where other platforms have tried but they failed eventually. This establishment permits users to stay anonymous when making payments and it ensures their safety when making transactions. Then this platform will be above all other cryptocurrencies and have more edge mining of uPlexa is possible. Here in this ecosystem, users will be able to set their account and mining activities from the devices used for mining and those devices will include smart TV, smart car, laptops , tablets and other ones that is compactible with the system. Developers will be in charge of this because they have to make sure these devices used doesn't pose any challenges to users.

HOW IT WORKS WITH MODELS AND THE IOT DEVICES

This platform has a model it uses which makes it strong enough to handle all the works done from this system. The model is the Near Zero Congestion Model. Unlike before that high cost is usually involved for transactions, this model eliminates that high cost fees and put a stop to connection in the ecosystem. However, more advantagea can be seen and those include;
This model foster increase in adoption of the IoT infrastructures and makes the uPlexa API useful for use as well. All chain operations will be encouraged, both on chain and off chain activities will be allowed to take place here in this ecosystem. Tradings can now be made on large scales meaning that it improves scalability and shortens the transaction times.
This platform works with the UPLEXA token that will be used for all operations including the e-commerce sector. There would no longer be the conductions of small transactions that don't profit users like the way most projects do, it will do without this and be a standard platform with the minimum accepted level of transactions that can be done set so that users don't demand something lesser than that. The charges for transcript in this platform are charged in values of the uPlexa and users get to pay with this coins.

The same thing is applicable to miners too and it should be understood that developers did this on purpose to keep the speed and accuracy of the blockchain. The developers have known before hand that if microtransactions are allowed in the system, them users will definitely turn it to that kind of network automatically so inorder to prevent this, the policy is put forward. With that now, transactions will become faster with the use of the NZCM model. The main aim of the real API is to ensure fastness so that the network won't get overcrowded while transactions are done in it. The API is also functional in making sure that no user does a microtransactions on the chain. People will be able to work with a reduced fee and also enjoy the way it works to bring about perfection.
From the onset, the person who created this Innovation has the aim of making users able use a credit system where they will be able to make purchases and also spend on services and do some charitable contributions too. Mining the uPlexa coin is not going to be hard as long as it is done from the IoT gadgets they were given and that will make them have credits to use as the API is used also. When mining, users can allow the mined coin to accumulate as they mine further so that they will be able to get something tangible with the funds or even get credits that can be used in transactions

CONCLUSION
Users in this platform will have something to make them more enthusiastic about crypto, especially the way they will be able to mine the uPlexa coin from their Android devices. This is definitely going to be the best payment structure ever because no other project has come up with the use of IoT as this one has done.

Please do visit the following links for updates and more insight on this awesome project
Website: https://uplexa.com
WhitePaper: https://uplexa.com/content/uPlexa-Whitepaper-EN.pdf
Discord: https://discord.gg/a7mAQwJ
Medium: https://medium.com/@uplexa
Reddit: https://www.reddit.com/r/uPlexa/
Github: https://github.com/uplexa/
Twitter: https://twitter.com/uPlexaCoin
Facebook: https://www.facebook.com/uPlexa

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