Uranus is a ubiquitous sharing platform that aims to be the Airbnb and Uber for computing resources, enabling computing-power services beyond the conventional public clouds. By interconnecting countless computing resource contributors and users, the Uranus project empowers redundant resources in the world. Establishing an expandable public blockchain and an innovative distributed-container technology that provides efficient, cost-effective and decentralized computing services for all users.

I. Background Information

Website: http://uranus.io/

Telegram: https://t.me/Uraners with +10700 followers

Github: https://github.com/Uraners with no post recently, joined on May 24, 2018

Twitter: https://twitter.com/Uraners with around 300 followers

Facebook: https://www.facebook.com/Uraners with 34 followers

Uranus is a team from China. It is an impressive name for me that is the primordial God of the sky, is the symbol of Hope and Future in Greek mythology delivering light and power to every corner in the world.

II. Token metrics

Token symbol: URAC

Hardcap: 35000 ETH

Total token supply: 3,500,000,000 URAC tokens

Token ratio: TBA

Token Sale: 35% for the max. token sale

Team: 15%

Seed investors: 3%

Ecosystem: 7%

Mining reward: 40%

III. What is Uranus?

Provide massive “ubiquitous computing” power to large projects, apparently by using the spare computing power of participating devices. Creates a cloud to compete with Amazon Cloud, Microsoft Azure, etc

Empower the redundant computing power of the world by providing ubiquitous and shared-computing services beyond centralized public clouds (i.e. Amazon, Microsoft, Ali) with blockchain technology. Reconstructing the landscape of the global computing-power service market and utilizing containers to integrate various applications on a distributed computing platform, building a new ecosphere based on a public blockchain. As Mark Weiser, a proposer of ubiquitous computing, once said, “technology should create calm, that which informs but doesn’t demand our focus or attention.”

Uranus has pointed out some problems of conventional public clouds, which are:

Data security risk

Expensive and unfriendly billing model

Unfit for distributed applications

IV. What is Uranus going to do to improve the existing cloud? Uranus’s technology

The Uranus system aims to provide a decentralized blockchain-based platform for the sharing of ubiquitously existing computing power that is flexible and pay-as-you-go and support user self-service. The design goal pursued by the Uranus platform is:

System autonomy, no vendor lockout

User experience is supreme

Flexible and pay-as-you-go

High throughput and scalability

Full support for cloud-native

1. Architecture of Uranus

1.1 System Architecture

The Uranus system is building a decentralized IaaS&PaaS lightweight operating platform and is comprised of:

uraBlock

Uranus management engine

uraTiler

access gateway

However, there is nothing more than listing them out in their whitepaper.

1.2 Uranus Chain

It supports basic public blockchain, cross-chain, forking, optimization of consensus algorithms, extended off-chain services, fair-service supply measurements, proof of contribution (PoC), large-scale commercial applications and other industrial application scenarios.

- The storage layer (storing info about the node’s computing power)

- The network layer (data transfer on the network)

- The protocol layer (consensus formation)

- The extension layer (dApp and smart contract launch)

2. Uranus Chain Consensus Algorithm

They use a DPOS+BFT hybrid consensus algorithm. Plus, validators to increase consensus security. Consensus protocol workflow:

- Validator registration (the account needs to have a certain amount as a deposit; to get rid of validator status, can take out the deposit after a certain hold period, about one month).

- A stakeholder may lend the deposit to the validator.

- Stakeholders elect validators by voting (thus increasing the weight of the validator)

- The election for qualified validators (the top 48 validators ranked by weight participate in forming the consensus)

- Package Transaction of qualified validators (when processing transactions, qualified validators can exclude other validators if they misbehave)

- Confirmation of transaction information (if more than 2/3 validators vote yes — the transaction is approved)

Additionally, the following three attributes are needed to measure the blockchain consensus algorithm:

- Agreement: All the honest nodes form a consistent decision

- Validity: Transactions in the blockchain all come from honest nodes

- Liveness: The consensus algorithm of the blockchain can always form a consistent decision without deadlock even if a lot of qualified validators are offline

uraTiller module contains:

- Tiller virtual machine

- Tiller native smart contracts

- Interfaces of external data

- Logically links on-chain data and off-chain data

- Allows the creation of dApps on this platform.

3. Uranus Computing Power Engine

Uranos’ CPCE provides an application-oriented, container-cluster deployment and management system, which eliminates the burden of scheduling physical/ virtual computing, the network as well as the storage infrastructure. Application operators and development personnel may carry out container-centered, self-help operations. Its capabilities are described to be: Automatically deploy and reproduce containers; Flexibly Scale-out; Manage containers across machines and organize better load balancing of containers; Dynamically upgrade application containers; and Self-repairing capability.

4. Uranus Smart Contract

Will use two smart contract types: explanatory Smart contracts similar to Ethereum (process user transaction information) and native Smart contracts in the uraTiller module (will utilize all the functions of the platform). In the Uranus system, Oracle runs as a native Smart contract.

5. PoC (Proof of Contribution) Mechanism

Uranos introduce a contribution-value calculation model that ensures that the interests of all participants are fairly protected. Machines with a higher contribution value are more likely to be scheduled and allocated to users in priority, thus earning more tokens.

Total contribution value of containers = basic contribution value + service contribution value + chain contribution value

basic contribution value = total production capability of the node (CPU+RAM+bandwidth+storage)

service contribution value = comprehensive score through statistical analysis of the container’s past transaction records and user’s useful feedback.

chain contribution value = for contributing to the voting in support of the system’s stability

The platform will also automatically distribute computational load between nodes.

The mechanism for automatic adjustment of system resource allocation: Uranos innovatively adds a correction factor to the Poisson distribution mathematical model to monitor computing-power resources. The system always maintains a stable and reliable state during the scheduling of high-frequency computing-power resources.





6. What Uranus solve the existing problems of the recent cloud?

Computing terminals that are currently ubiquitous, such as corporate and personal computers, and traditional physical servers, are generally not fully utilized. The average utilization rate of such terminals is currently less than 15%, and that of major public clouds, private clouds, telecom operators, and IDC service providers is also below 10%-15%. More specifically, unused computing resources from servers, workstation, and personal computers in the global market currently exceed $4 trillion. This represents a huge loss and waste of computing resources.

Uranus builds an ecosystem that consists of thousands of computing power contributors and users, that empowers redundant computing power, and that offers a computing resource platform that is not limited to public clouds and is especially suitable for distributed computing.

V. Team

Uranus’s executive team are back with two experienced in cloud-computing, science, and technology. They have experience regarding leadership, startup and technology base. The executive team has the profound theoretical knowledge and an average of 20 years’ practical experience in the cloud computing field. They have established numerous enterprises whose products have successfully entered some of China’s top 20 corporations. leading China’s market.

Being empowered by a strong team who has experience working cloud-computing is a strong point for the success of Uranus. The team overall, have been CTO for other projects as well, they are fulfilled with at an average 6 years’ practical experience in the development and successful application of the consensus algorithm developed by public blockchain, proof of word and development of smart contracts.

That whole part of the team associates themselves with the project in their social media accounts. The company’s name morphed from China Cloud Power Technology Co. Ltd. to ubiCom Foundation to Uranus Foundation LTD.

VI. Advisors

Advisors are an essential part contributing to the success of a project, in this case, Uranus has proved their future promising point with really strong advisors. However, none of them have mentioned Uranus in their media profile, which is a question for the investors.

VII. Partner

There is no information about their partner yet, but with the strength in terms of technology, there will be potential and strong investors, partners that support Uranus.

VIII. Roadmap

Stage 1: Community version V1 2018/Q3: Uranus will release a community version, in which users may register their own computing devices and use a small number of verified applications.

Stage 2- Stage 4: Community version V2, V3, V4 2018/Q4- 2019/Q1: release three commercial versions which support from 100,000; 500,000 and 1,000,000 users respectively.

Stage 5: Ecological version V5 2019/Q2:

IX. Challenges and Opportunities

The recent time is the very first step for Uranus to achieve more in the future, which is both opportunities and challenges.

Challenges

Whitepaper is the soul of a project, in this case, Uranus has not carefully and professionally prepared theirs, personally. There are some typos, although it’s a long one with 63 pages, with the not professional format and writing. Uranus is on the way to develope their project, even token metrics is not revealed yet, the same questions with the partners/ investors.

Their Github is now empty, but I can understand this is for the security, perhaps.

Their roadmap is not really clear for me, as a reviewer.

Opportunities

Uranus is back with the strong and intensive-experienced team, which is their advantages to the future success. They have real experience working in cloud computing and are full-time ones for Uranus. The community members who pay interest to Uranus are getting larger (Telegram). Their idea of building their own blockchain, with smart contract and consensus algorithm is promising in the future. Their website and white paper are designed in three languages: Korean, English, and Chinese, which is convenient for readers.

X. Verdict- Conclusion

The idea of fog/edge computing along with cloud computing is not new but still promising. They have listed the drawbacks of the existing cloud computing and provide solutions. However, Uranus hasn’t mentioned any about the innovation of their blockchain, with how many transactions there will be. Everything is on the whitepaper only; as I have mentioned before, the whitepaper is the first criteria investors read, making it properly professionally is a wise choice. There is no information in terms of token metrics, if the hardcap is high, there should raise questions for Uranus’ ambition, otherwise, I think this project should be taken into consideration. However, this is not an investment advice , so take it easy, do a research yourself and decide wisely.

Reviewed by icogens.com

HYPE RISK ROI TERM ICOGENS ' SCORE MEDIUM MEDIUM MEDIUM MEDIUM MEDIUM

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