Upfiring (UFR)

Upfiring is a peer-to-peer (P2P) distributed file-transferring platform designed at its core to enhance the way files are shared between users. By decentralizing the file-sharing process, Upfiring completely removes the middleman and allows users to directly exchange information via the blockchain network. Upfiring utilizes the Ethereum ecosystem as its primary platform for transaction-processing. By encrypting communications on the blockchain and allowing nodes to communicate directly, Upfiring can function as a fully-decentralized exchange for files and value transactions - allowing users to download or seed their own files at will. Distributed networks are able to collaborate in a trustless manner without a single point of failure. In addition, smart contracts regulate all transactions by overseeing the encryption of files, verifying proof-of-ownership, and guaranteeing a seamless transfer of value. The use of smart contracts allows for the objective management of transactions without requiring authoritative supervision. The emergence of these technologies have reflected a much greater attitude shift towards the use of the internet – the growing preference for decentralized, trustless applications over centralized, third-party-controlled services.
Rank 553
Price $0.1049
Market Capitalization $2 039 545
24 Hours Volume $7 303
Available Supply 19 440 000 UFR
Total Supply 24 000 000 UFR
Change (1 Hour) -0.27%
Change (24 Hours) 14.53%
Change (7 Days) -0.86%
Cryptocurrency News
January 15th, 2019

While some remains optimistic about the current market decline, crypto-naysayers take this occasion to sentence Bitcoin and the rest of crypto-waggon to death.

January 15th, 2019

The ongoing government shutdown achieved a new milestone on Friday by hitting the record for the longest shutdown in US history. While all the spheres are negatively affected, this has laso put key developments in the crypto space on hold.

January 15th, 2019

Recent news that “Russia will buy $10 billion in Bitcoin and ditch the U.S. dollar” is backed by the publications such as The Telegraph, Bitcoinist, Daily Hodl and even The Fortune. However it seems that they all took the bait.

January 15th, 2019

Konstantin Rabin, financial expert and crypto enthusiast, unveils what hides behind Bitmain’s recent decision to cancel mining operaions in Texas explaining what this could mean for the whole industry.

January 15th, 2019

LedgerX offers crypto traders its new Bitcoin volatility index to help them build their trading strategy more efficiently.

January 15th, 2019

Malaysia’s watchdog ‘Securities Commission’ will regulate the digital assets market making sure businesses follow strict AML and CFT rules.

January 15th, 2019

Licensed, authorized and regulated by the High Technology Park of Belarus, Currency.com allows investors to trade, invest in, and benefit from real-world financial instruments by directly using cryptocurrencies.

January 15th, 2019

While Bakkt is still waiting for the approval by the CFTC to launch its planned Bitcoin futures platform, it announced its first acquisition.

January 15th, 2019

Should the bulls defend the demand level of $109 and the price bounces Ethereum price will resume its uptrend movement and may have its target at the previous high of $164.

January 14th, 2019

U.S. cryptocurrency exchange Bittrex has announced the launch of its over-the-counter trading desk that will facilitate trading between two parties.