Crypto experts raise the UNIGLO assessment (GLO) after passing revision. Now on par with Ethereum (ETH) and Phantom (FTM)

If you are in the cryptic world, you probably heard about Uniglo. It is a decentralized crypto project that has received a lot of attention lately. And that is for a good reason – Uniglo was recently performed by Paladin’s security audit, one of the most respected security companies in the area.

The audit provided UNIGLO a pure health declaration, and analysts believe that the safety assessment is now on par with Ethereum and Fantom. It is a big deal, since Uniglo is now one of the safest innovative contract platforms.

Uniglo (Glo) Protocol

UNIGLO’s initiative is about today’s market being honest or open. We need more robust protection in light of cryptohack. Uniglo seeks to replace the current paradigm by offering a safe, decentralized protocol. Integration of modern technologies can result in a decentralized organization.

To understand UNIGLO’s uniqueness, we must immerse ourselves in WhitePaps and understand its inner functions. They are peculiar properties that separate Uniglo. By using the Ultra-Burn technique, $ GLO will be less frequent, so the more money Uniglo produces, the faster the tokens will be burnt. The expansion and value of the vault would increase demand, and the Ultra-Burn process would reduce supply and increase prices for those who had never sold.

The community will also use the exclusive Uniglo Vault to hold digital works of art, Real-world asset-backed NFTs and cryptocurrencies. Uniglo will use a larger portion of the revenue from a sale to buy $ Glo-tokens, which has an immediate and cumulative effect.

Last but not least, Uniglo is a DAO protocol, which means that any community member can express their opinions and participate in the decision-making process.

The UNIGLO project is in its ICO scene, which will last until October 15. The UNIGLO team sells its tokens to investors from the official UNIGLO website and raises money to further develop the platform.

How is UNILOS assessment compared to Ethereum (ETH) and Phantom (FTM)?

In a recent ranking of prominent crypto analysts, UNIGLO’s security assessment was at the level of leading DEFI projects. In their assessment that independent analysts performed, UNIGLO’s platform was ranked slightly over Ethereum and Fantom – two popular crypto projects on the market, which counts as an outstanding result.

The report cited UnigLO’s “Advanced Safety Features” and “Industry -Leading Safety Practice” as the main causes of the high ranking. In addition, Uniglo is still a fresh project with not so much recognition from the market, which makes it less attractive to the hackers for now. However, the protocol has a solid foundation for safety, and as the project grows and gain experience, further measures will be implemented.

At the moment, UNILO’s platform has “several layers of security”, including KYC verification from Coinsult and a poll Multi-Sig Treasury that protects the protocol from being centralized. In addition, the platform uses third -party audits to monitor the activity constantly and identify potential threats in the code.

Ethereum (ETH), on the other hand, has been criticized for the lack of a dedicated security team for a long time and its dependence on third -party security providers. The report also noted that Ethereum’s network is “more vulnerable to 51% attack” than other platforms, which we have seen in previous years. Despite this, Ethereum still dominates the market in second place. It is worth noting that these systems are updated daily, which means that Ethereum will fix all vulnerabilities at some point.

The same can be said of phantom (FTM). It was famous for using the “proof-of-stake” consensus to withstand such attacks. However, Phantom’s platform is “not as well tested” as Uniglos and lacks some of the latter’s advanced security features and revisions.

For more about Uniglo:

Join the presale: https://presale.uniglo.io/register
Website: https://uniglo.io
Telegram: https://t.me/GloFoundation
Discord: https://discord.gg/a38KRnjQvW
Twitter:

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