Look for the $QUBIC (Qubic) listing in XT.

Introduction to Cubic

QUBIC is the native digital asset of Qubic, a layer 1 quorum-based consensus protocol blockchain with a supply of up to 1 trillion coins.

QUBIC Coin, also known as QUBIC, represents a significant innovation in the cryptocurrency landscape. Unlike traditional digital currencies, the QUBIC unit, also known as QU, serves as a measure of computational energy within the Qubic ecosystem and fundamentally changes the concept of value and utility in the cryptocurrency space. Each QU is essential for running smart contracts and accessing various services on the Qubic platform. This unique approach transforms coins from simple financial assets to critical elements of the network’s operating framework.

The creation and distribution of QUBIC coins has been carefully designed to encourage efficiency and balance within the ecosystem. Every epoch lasting 7 days generates 1 trillion QU. These devices are primarily assigned to computers on the network, with the most efficient devices receiving the lion’s share. An inefficient computer burns part of the reward, ensuring that only the most capable participants retain their roles. This system not only encourages high performance, but also maintains a dynamic balance of the network’s coin supply.

Transfers within the Qubic network are fee-free, a feature that sets it apart from many other platforms. However, the execution of a smart contract incurs a commission, which is determined by a quorum vote of computers. These commissions are burned rather than stored on computers, effectively regulating inflation and deflation within the ecosystem. This burn mechanism reinforces the concept of QU as ‘energy’ rather than currency, promoting a balanced and sustainable economic model for the platform.

Alvin Warin, XT CEO, It has played a key role in bringing the platform to the forefront of the digital asset market. With a vision rooted in fostering innovation and expanding the horizons of blockchain technology, Warin has actively advocated for the integration of cutting-edge projects.

Commenting on XT’s listing on Qubic, Warin said: “The inclusion of QUBIC Coin on our exchange is an important step forward in our commitment to supporting innovative Web3 projects. Qubic’s unique approach of combining distributed ledger technology and AI-based computation truly allows us to provide users with these pioneering digital assets. We are pleased to provide access to the assets.”

Introduction to the Qubic project

The brainchild of IOTA and NXT co-founder Sergey Ivancheglo, Qubic is a groundbreaking project that integrates distributed ledger technology, smart contracts, and artificial intelligence. The core of Qubic is powered by 676 computers that are responsible for running tasks and maintaining the network. The platform’s unique quorum-based counting system ensures trustworthiness by requiring the consent of at least 451 computers before completing a transaction or smart contract execution.

One of Qubic’s standout features is its useful proof-of-work system, also known as “UPoW” for short, which recycles computing power used for mining for AI training. This dual-purpose approach not only optimizes energy use, but also contributes to the advancement of real-world AI. Qubic’s innovative mechanism stands in sharp contrast to traditional energy-intensive mining processes, providing a more efficient and environmentally friendly solution.

Qubic’s decentralized architecture ensures strong security and resilience against cyber threats. The platform’s smart contracts allow you to automate complex processes, reduce reliance on intermediaries, and increase transparency. Qubic also supports decentralized applications, allowing developers to create and deploy cutting-edge solutions across a variety of industries. This combination of features makes Qubic a powerful tool to drive adoption of blockchain technology and foster innovation. Qubic is ready to set new standards for efficiency, security, and functionality in the cryptocurrency space as we continue to evolve and incorporate feedback from the community.

Website: qubic.org

X.com: x.com/_qubic_

telegram: t.me/qubic_network

middle: Medium.com/@comefrombeyond

Dissension: discord.com/invite/qubic

About XT

Established in 2018, XT It serves over 800 tokens with over 6 million registered users, over 500,000 monthly active users, over 40 million users in the ecosystem, and over 1000 trading pairs. Since then, XT cryptocurrency exchange has expanded its services to cover a variety of trading categories to provide a safe, reliable and intuitive trading experience to its large user base. One of these additional features is cryptocurrency futures trading, including USDT-M futures and Coin-M futures perpetual contracts, as well as copy trading, which allows users to replicate top traders in real-time with just one click. Additionally, Futures Grid allows users to make money by automating the buying and selling of futures contracts.

Website: www.xt.com

Twitter: twitter.com/XTexchange

telegram: t.me/XTsupport_EN

Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.