The Unit Algorithm
The Unit paper describes the basis of The Unit algorithm. We display two charts of the value of 1 unit over time on our website: the Bitcoin one (denominated in SATS) and the Ethereum one (in Finney).
The value of 1 UNIT comes from the total market capitalization of our index divided by human years.
The total market capitalization is calculated by choosing cryptocurrency
and adding the available supplies of each cryptocurrency
times the price of each cryptocurrency
in terms of cryptocurrency
be the current total number of humans and
the average life expectancy at birth. And one unit of value is defined by: