uPlexa
UPX
The uPlexa blockchain will be powered by the billions of untapped IoT devices currently in-use in our world. This is done by using a modified CryptoNight algorithm in order to provide a viable option to IoT users in order to help pay a proportion of their electricity of running said devices. uPlexa's mining audience are individuals with IoT devices or webmasters with high-volume websites. With the uPlexa Near-Zero Congestion Model (NZCM) webmasters may incentivize their users to mine for their company(s) in order to credit their users with rewards, whilst performing off-chain transactions to lessen the network load and increase transaction capacity.