Undercover Millionaires Currency has taken the actions of buying/selling digital coins to a more intimate and safer way of FOREX.
QUICK & EASY
Setup an account in minutes. Tell your people to also join. Send money immediately. Own a piece of the future.
BUY TO INVEST
UMC Coin owners pride themselves in helping to keep growing their accounts. Buying low and selling high. Introducing many to the new world of crypto.
OPEN & SECURE
Born out of a desire to have a safe and transparent place to store money that grows over time.
LEARN HOW TO TRADE FOREX
UMC - The Next Generation of Cryptocurrency.
Proof-of-stake (PoS) is a type of algorithm by which a cryptocurrency blockchain network aims to achieve distributed consensus. Unlike Proof-of-Work (PoW) based cryptocurrencies (such as bitcoin), where the algorithm rewards participants who solve complicated cryptographical puzzles in order to validate transactions and create new blocks (i.e. mining), in PoS-based cryptocurrencies the creator of the next block is chosen in a deterministic (pseudo-random) way, and the chance that an account is chosen depends on its wealth (i.e. the stake). In PoS cryptocurrencies the blocks are usually said to be forged (in the blacksmith sense of this word), or minted, rather than mined. Also, usually all the coins are created in the beginning and the total number of coins never changes afterwards (although there are some other versions of PoS where new coins can be created). Therefore, in the basic version of PoS there are no block rewards (e.g. as in bitcoin); so, the forgers take only the transaction fees.
Undercover Millionaires Currency operates on a proof of stake blockchain network.
The South African Reserve Bank whitepaper on DCVC’s (Decentralised Convertible Virtual Currencies)
STAY TUNED WITH US
Subscribe now and receive weekly newsletter with educational materials, new courses, interesting posts, popular books and much more!
OUR FOUNDER & PRESIDENT
Louis JR Tshakaone
Louis JR Tshakoane is a social & serial entrepreneur who at the age of 16 was given training equipment worth $200 000 by billionaire Sir Richard Branson to open a community gymnasium called Botho Gym; powered by Virgin Active.
Risk Warning: Forex, Commodities and CFDs (OTCTrading) are leveraged products that carry substantial risk of loss up to your invested capital and may not be suitable for everyone. Please ensure that you understand fully the risks involved and do not invest money you cannot afford to lose. The information provided can under no circumstances be considered a recommendation to engage in any trade.