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About UEDC

United Emirate Decentralized Coin (UEDC) is an open source, peer-to- peer, Anonymous Cryptocurrency created on the Excellent Binance Smart Chain based carefully developed by Industry experts based in the Middle East. The total supply is just 20M making it a huge potential for astronomical increase in price value making investors tons of profits trading and holding UEC. United Emirate Decentralized Coin (UEDC) is the first Arab Decentralized cryptocurrency to be developed in the Middle east based on the binance blockchain.

UNITED EMIRATE DECENTRALIZED COIN. (UEDC) is a cryptocurrency launched in 2021. UEDC has a current supply of 20.00M with 0 in circulation. The last known price of UEDC is 0 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://unitedemiratedecentralizedcoin.com.

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UEDC Price Statistics
UEDC’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
#6442
UEDC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$321.31
UEDC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
UEDC Supply
Circulating Supply
0
Total Supply
20.00M
Max Supply
20.00M
Updated May 06, 2024 9:21 am
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UEDC
UNITED EMIRATE DECENTRALIZED COIN.
$0
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Analysis: Ethereum L1 and L2 balance can be restored by raising the minimum blob fee and increasing L2 usage
Crypto KOL cygaar wrote on X: "The relationship between Ethereum L1 and L2 is now quite unbalanced. L2 gets the benefits of Ethereum security without contributing much value to ETH. I think there are two ways to restore balance: 1. Increase the minimum blob fee Currently, the blob fee is basically zero for rollups, which means that Ethereum gets almost no value from the L2 DA cost. In the world before EIP-4844, rollups have always been the largest source of Gas consumption for ETH, causing ETH to face strong deflationary pressure. However, because DA blobs are basically free, rollups no longer consume too much ETH. This, coupled with the reduction in execution activity on Ethereum L1, has caused ETH to become inflationary again. A perhaps more short-term solution is to increase the base blob fee. L2 must pay a certain amount of fees to use Ethereum DA. One could argue that increasing the cost of Ethereum DA will cause L2 to turn to alternative DAs. solution, but I think chains that want to truly inherit Ethereum security will still pay these costs. 2. Increase L2 usage The current blob pricing curve is set this way because researchers predict that there will be more demand for L2. However, apart from a few major events (initial blob release, blobscriptions, LZ airdrop), the cost of a blob has not exceeded the minimum fee. If L2 demand and usage increase, we may reach a state where the blob pricing curve can appropriately price DA blobs, resulting in a healthy level of ETH destruction on L1. In addition to the DA cost being quite large, the amount of Gas used for rollup settlement may also increase to a considerable amount. In the long run, this is the path that is most beneficial to the Ethereum ecosystem, but it also requires an intrinsic demand for L2 block space. We need more interesting consumer-facing applications to attract users and drive more on-chain usage. In this world, blob fees are almost never at the lowest price, and rollups will pay a large amount to inherit Ethereum's security. "
Sep 01, 2024 12:23 pm

Frequently Asked Questions

  • What is the all-time high price of UNITED EMIRATE DECENTRALIZED COIN. (UEDC)?

    The all-time high of UEDC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of UNITED EMIRATE DECENTRALIZED COIN. (UEDC) is 0. The current price of UEDC is down 0% from its all-time high.

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  • How much UNITED EMIRATE DECENTRALIZED COIN. (UEDC) is there in circulation?

    As of , there is currently 0 UEDC in circulation. UEDC has a maximum supply of 20.00M.

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  • What is the market cap of UNITED EMIRATE DECENTRALIZED COIN. (UEDC)?

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

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  • What is the all-time low price of UNITED EMIRATE DECENTRALIZED COIN. (UEDC)?

    The all-time low of UEDC was 0 , from which the coin is now up 0%. The all-time low price of UNITED EMIRATE DECENTRALIZED COIN. (UEDC) is 0. The current price of UEDC is up 0% from its all-time low.

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  • Is UNITED EMIRATE DECENTRALIZED COIN. (UEDC) a good investment?

    UNITED EMIRATE DECENTRALIZED COIN. (UEDC) has a market capitalization of $0 and is ranked #6442 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 UNITED EMIRATE DECENTRALIZED COIN. (UEDC) price trends and patterns to find the best time to purchase UEDC.

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