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About UCOIL

UCO Network provides Used Cooking Oil traceability solutions, focusing on automatic compliance with European Union’s Renewable Energy Directive II. We use a combination of Blockchain and IoT technologies to mitigate the risk of used cooking oil supply chain fraud. UCO Network technologies help our partners and customers to comply with existing and future regulations. UCO Network partners with software application makers and gives access to a global used cooking oil marketplace, where our customers can enhance their deals and business. The lack of transparency and traceability in the UCO supply chain leads to many opportunities for fraud. UCO market prices are higher than virgin oil due to RED II’s double counting policy. A high demand combined with limited supply is a challenge for BioFuels producers and also requires strong rules and regulations. Current rules and regulations lead to a non-transparent certification process for the sustainability of the used cooking oil.UCO Network solves the lack of Trust, Transparency and Traceability issues. It has created a compliant, reliable, and trustless way for Biofuel Producers and Waste Management & Collection companies operating their used cooking oil business. Auditors, Certification Entities and Regulators also have now tools that can facilitate the achievement of their mission goals. With every single used cooking oil collection, the protocol mints an NFT that our customers use as proof of ownership and sustainability, while adding incremental market value to the resource that has been collected. Biofuel Producers have now a solution that brings the trust needed to produce sustainable fuel. The solution is fully backed by IoT technology that enhances fraud risk mitigation, while also gives access to a global used cooking oil commodity marketplace.

UCO Network (UCOIL) is a cryptocurrency launched in 2022. UCOIL has a current supply of 100.00M with 0 in circulation. The last known price of UCOIL is 0.016990773015 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://www.uco.network/.

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UCOIL Price Statistics
UCOIL’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#4780
UCOIL Market Cap
Market Cap
$0
Fully Diluted Market Cap
$1.70M
UCOIL Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
UCOIL Supply
Circulating Supply
0
Total Supply
100.00M
Max Supply
100.00M
Updated Aug 16, 2023 2:30 am
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UCOIL
UCO Network
$0.016990773015
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
The 200th Ethereum ACDE meeting: Developers discuss removing EIP 7610 from Pectra
The 200th Ethereum ACDE meeting: Developers discuss removing EIP 7610 from Pectra
Christine Kim, vice president of research at Galaxy, summarized the 200th Ethereum Core Developers Executive (ACDE) call, during which developers shared updates on the Pectra development network (devnet) and next steps for the PeerDAS devnet, as well as discussed short-term solutions to Ethereum's historical growth issues and the removal of EIP 7610 from Pectra. EIP 7610 is one of two retroactive EIPs in Pectra, which does not add any functionality to the protocol but formalizes and constrains protocol rules. Parithosh Jayanthi, EF developer operations engineer, said that the official blog post announcing the Mekong testnet has been published on the Ethereum Foundation website. The post details how application and tool developers can join the testnet and start experimenting with EIPs in Pectra. Jayanthi also said that his team plans to deprecate Pectra Devnet 4 soon. The proposed changes to EIP 7702 discussed at ACDE 199 have been deployed by a developer named "Frangio." Given the lack of objections, Tim Beiko confirmed that the changes will be added to the spec for Pectra Devnet 5. Geth developer Felix Lange proposed improving the fee logic of the withdrawal contract detailed in EIP 7002 (Execution layer can trigger withdrawals). Beiko suggested that developers continue to discuss the improvements asynchronously and strive to make a final decision on them before the next ACDE meeting. Erigon developer Giulio Rebuffo proposed a new EIP to extend the functionality of the Ethereum wire protocol and provide a short-term solution to the history growth problem. Rebuffo said that due to the growth of historical data, validators will need hardware operating at least 4TB disks by mid-2025. Alternative solutions for pruning historical data, EIP 4444 and Portal Network, may not be ready in time to prevent validator node operators from updating their equipment in about 6 months. Lange believes that since EIP 4444 is not "critical path", integration with Portal has not yet begun in earnest, which means it is not a necessary EIP for the upcoming hard fork. Developers will continue to discuss it at Devcon. Note: There will be no ACDE conference call on November 21, and a live gathering of Ethereum developers will be held at the Devcon conference.
Nov 11, 2024 4:53 pm

Frequently Asked Questions

  • What is the all-time high price of UCO Network (UCOIL)?

    The all-time high of UCOIL was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of UCO Network (UCOIL) is 0. The current price of UCOIL is down 0% from its all-time high.

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  • How much UCO Network (UCOIL) is there in circulation?

    As of , there is currently 0 UCOIL in circulation. UCOIL has a maximum supply of 100.00M.

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  • What is the market cap of UCO Network (UCOIL)?

    The current market cap of UCOIL is 0. It is calculated by multiplying the current supply of UCOIL by its real-time market price of 0.016990773015.

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  • What is the all-time low price of UCO Network (UCOIL)?

    The all-time low of UCOIL was 0 , from which the coin is now up 0%. The all-time low price of UCO Network (UCOIL) is 0. The current price of UCOIL is up 0% from its all-time low.

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  • Is UCO Network (UCOIL) a good investment?

    UCO Network (UCOIL) has a market capitalization of $0 and is ranked #4780 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze UCO Network (UCOIL) price trends and patterns to find the best time to purchase UCOIL.

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