As an EEA member,
Unicorn Ultra Network
(U2U) is part of the EEA community of organizations working to advance Ethereum and drive industry adoption. In the Q&A below, the EEA interviewed Unicorn Ultra Network CMO Chloe Phung about how the organization contributes to the Ethereum business ecosystem.
Please introduce your company and yourself.
My name is Trang Phung, Chief Marketing Officer at U2U. I am also an experienced entrepreneur and manager with a tremendous passion for financial investment and technology, especially financial technology.
U2U Network 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.
Helios Consensus forms the backbone of the U2U Network, achieving up to 72,000 transactions per second (TPS) at launch. During a stress test on our development network, we achieved a peak of 500,000 TPS, 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. Additionally, integrating features such as the Multi Sharding Mechanism, Subnets Technology, and OstracismVM reflects our unwavering commitment to our network’s adaptability, efficiency, security, and scalability.
What first brought you to the EEA, and why did you decide to become a member?
As mentioned above, we are committed to delivering robust solutions for real-world applications and aspire to be the one-stop solution for enterprise-level needs.
Regarding the reason, with the mission of seamlessly merging proven business models and products with the Web3 space and expanding their reach and impact on a global scale, as well as being one of the EVM-compatible blockchains, Unicorn Ultra Network finds it crucial to work alongside the EEA to enable businesses to adopt and use Ethereum technology and create a world of collaboration built on a new foundation of trust.