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Uther is a peer-to-peer network, it uses a Proof of Work algorithm that allows the creation of Dapps and Smartcontracts, Dagger. Uther plans to move to PoS, when Ethereum does. UTH has a 12 million premine in order to support the project's development. UTH can be sent to anyone instantly and used to fuel the creation of decentralized applications within the Uther network.
Genesis Date: 2016-01-04