PONS(tm) is a basis which satisfies all of the fundamental properties of th
e Walsh functions (each element is piecewise constant, rakes on only the va
lues +/-1, and can be efficiently computed via a fast transform) plus three
additional properties that are false for the Walsh functions: PONS is opti
mal with respect to a global uncertainty principle; all PONS elements have
uniformly bounded crest factors; and all PONS elements are QMF's. In 1991,
Ingrid Daubechies asked whether there exists a smooth basis satisfying the
global uncertainty principle property. In this article we show how to trans
form any basis into another basis by applying the PONS construction, thereb
y providing an affirmative answer to this question.