What is Universa?
The Universa project from Russian developers suggests improving the technical component of the blockchain and increasing its throughput. The development is aimed at developing technologies for business and popularizing the blockchain at a mass level. The need to improve blockchain is driven by many challenges faced by many digital projects. The main emphasis is on low network scaling, and the ever-increasing cost of transaction fees, energy consumption, and anonymity are emphasized. The development of Universa is designed to solve these problems and simplify access to digital technologies for businesses and other areas. In this direction, the project is focused on solving the following tasks: Simple interface for creating smart contracts and applications; High level of network bandwidth and data processing; Low cost of commissions with no additional charges. Universa's proposed benefits are realized through side-chain technology. Each of them functions independently of each other; only hashing of accompanying blocks is stored on the main blockchain.