Step
A store-of-value must be scarce, which makes it volatile.
A spending currency must be stable, which requires expansion.
Lumero splits them.
When the same coin saves and spends, save-side volatility spills directly into the spend-side. Drawdowns become unspendable.
Pegging to a fiat currency surrenders monetary sovereignty. A "digital dollar" is still the Federal Reserve's policy choice.
Reflexive mint-on-demand designs (Terra, UST) collapse under stress. Backing must be hard, not derived from the asset itself.
ECDSA over secp256k1 will eventually break. Post-quantum signatures must be foundational, not retrofitted onto exposed addresses.
Five tiers from Micro (1,000 UMX) to Mega (25,000+ UMX). Reward multipliers capped 1.0×–3.0×.
Initiator transfers a known-size data block to a target validator. Real capacity, not staked capital.
Stake-weighted supermajority drives finality within an epoch (1 hour).
A validator can only attest transactions ≤ their staked amount — skin in the game proportional to value.
Independent peers observe the bandwidth exchange and sign attestations confirming measured throughput.
Each account has its own chain. Transactions are async send/receive pairs. Settled in parallel.
Once attestations meet quorum, a BandwidthProof block is published. Six-step anti-spoofing pipeline runs on every proof.
UMX is a bearer instrument: self-custodial, fungible, no protocol-level identity. Backing is hard — every UMX is over-collateralized 1.5× in basket-value reserve.
Elastic supply. Hard backing.
Constitutional governance.
Deterministic rules over discretion.