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About QUBIC
Get ready to dive into Qubic, an innovative useful-Proof-of-Work crypto platform that's changing the game.
The name "Qubic" comes from the acronym "QBC" which stands for "Quorum-Based Computation"
Community & Founder
Qubic is a community-driven project, completely open source and under anti-military license.
Qubic is founded by Sergey Ivancheglo AKA Come-From-Beyond, the creator and co-creator of the first full PoS & DAG protocol (NXT & IOTA).
Metrics
63.000+ Community members
100.000+ Miners
40 M+ Smart Contract transfers per second
2012 Initial Idea - Optimised since then
Fair Launch No premine or VC money involved
Q3 2022 Mainnet live since April 2022
10.5 Trl+ $QUBIC burned in 3 Smart Contract-IPOs so far
676 Dynamic assembly of Computors (Validators) for decentralization
Wallet:
Desktop Wallet: https://github.com/Qubic-Dev/wallet/releases/download/0.8.0/qubic-wallet-win-0_8_0.zip
Links:
Pool: https://poolsolution.io
QUBIC portal: https://app.qubic.li
Social:
Discord: https://discord.com/invite/2vDMR8m
Twitter: https://twitter.com/_qubic_
Smart Contracts
Qubic's Smart Contracts differ significantly from others. Each contract must pass a Quorum proposal vote, ensuring only useful and legitimate contracts are added.
When a Smart Contract is accepted, it's launched via an IPO with 676 shares.
The $QUBIC spent on these shares is locked into the Smart Contract, reducing $QUBIC's circulating supply and paying for contract execution.
Shareholders earn passive income from contract fees. The contract is self-sustaining until the locked $QUBIC is depleted, after which a portion of shareholder fees funds further execution.
The first three Smart Contracts alone burned over 10.5 trillion $QUBIC.
The Quorum Protocol
The Quorum protocol operates with 676 Computors (Validators) handling transactions, executing smart contracts, securing the blockchain, and liaising with Oracle Machines.
It ensures finality and reliability by requiring over two-thirds (451+) of Computors to agree on a result.
Qubic achieves this with an average block-time of 7 seconds, thanks to its efficient "bare metal" code execution.
Previously, Qubic had a block-time of 0.2 seconds and plans to return to sub-second block-times after scheduled Computor-Node upgrades in Q2, Q3, and Q4 of 2024.
Oracle Machines
Oracle Machines will be used to make Qubic Smart Contracts even Smarter by resolving events through trustworthy data such as stock prices, sports scores, or sensor readings and much more.
Also Oracles will give Aigarth ability to observe the outer world and Outsourced Computations.
AI Aigarth
Aigarth is an AI-software running on top of Qubic that get it´s information from nearly hundred thousand (number is rapidly increasing)
of Qubic-AI-miners which are creating billions artificial neural networks (ANNs) with their computational power.
The goal is to create an open source true AI public available for everyone.
Useful-Proof-of-Work
Unlike traditional Proof-of-Work platforms that consume massive amounts of energy for mining, Qubic boasts a useful-Proof-of-Work system that leverages mining capacities for AI training.
Feeless Transactions & offline payment verification
Qubic is one of the few layer 1 which doesn't charge for making value transfers.
Finality ensures that votes from 451 Computors (The Quorum) are reliable for offline payment verification.
AVAX rises 500% within 1 month. Will Public Chain Welcome Another Booming?
In an explosive move reminiscent of the growth of Binance Smart Chain (BSC) and Polygon earlier this year, the Avalanche blockchain is attracting a flood of new deposits into its ecosystem. The total value locked in Avalanche’s DeFi ecosystem has swelled to $1.8 billion in the last month. And the price of AVAX has risen from $10 to $50, a 500% of increase.
With the massive attention being put on AVAX and the recent bull run of ETH, some experts are expecting a new race of public chains. I do agree on it and here are some of the public chain projects that I am following:
1. AVAX
:
$180 million Avalanche Rush program is currently tailored to users. Over time, the money could be used to incentivize developers to build more platforms on Avalanche. AVAX could reach $100 at the end of this year.
2. Chillz
:
The NFT frenzy that began in February has not seemed to stop. Chiliz, an on-chain NFT issuance platform cooperating with many well-known sports events and clubs are definity one of my picks.
3. Kinglory
:
A large-scale commercial high-performance blockchain ecological platform with solid team and backed by famous funds. I heard news that its token will be issued soon and I am definity in for this project.
What public chain are you following?
With the massive attention being put on AVAX and the recent bull run of ETH, some experts are expecting a new race of public chains. I do agree on it and here are some of the public chain projects that I am following:
1. AVAX
: $180 million Avalanche Rush program is currently tailored to users. Over time, the money could be used to incentivize developers to build more platforms on Avalanche. AVAX could reach $100 at the end of this year.
2. Chillz
: The NFT frenzy that began in February has not seemed to stop. Chiliz, an on-chain NFT issuance platform cooperating with many well-known sports events and clubs are definity one of my picks.
3. Kinglory
: A large-scale commercial high-performance blockchain ecological platform with solid team and backed by famous funds. I heard news that its token will be issued soon and I am definity in for this project.
What public chain are you following?
NFT+DeFi, hot concept, hot money. The gaming-NFT economy has boomed in recent weeks.When the market is choppy and buyers largely remain sidelines, AXS has quadrupled in price to $14 since July 8. With the good performance of AXS, NFT+DeFi is likely to be the next hot trends. What are your NFT+DeFi picks？
Here are my 3 picks.
1. Crowns (CWS), backed by Binance, dropped from ATH $55 to $4.5, great potential.
2. Unifty (NIF), undervalued gem, great profit when NFT boom comes.
3. SolPixel, NFT+DeFi marketplace, good concept and good marketing, will launch IDO soon.
CWS incewase 60% today! congratulations to those bought the dip
NFT+DeFi, hot concept, hot money. The gaming-NFT economy has boomed in recent weeks.When the market is choppy and buyers largely remain sidelines, AXS has quadrupled in price to $14 since July 8. With the good performance of AXS, NFT+DeFi is likely to be the next hot trends. What are your NFT+DeFi picks？
Here are my 3 picks.
1. Crowns (CWS), backed by Binance, dropped from ATH $55 to $4.5, great potential.
2. Unifty (NIF), undervalued gem, great profit when NFT boom comes.
3. SolPixel, NFT+DeFi marketplace, good concept and good marketing, will launch IDO soon.
I have 60% bitcoin
10% Link
13% Neo
7% Kucoin Shares
10% other coins- Omg, Algo, Band, knc, Zrx, Atom, TLR, Shift
How does it look? What is missing except Ethereum?
10% Link
13% Neo
7% Kucoin Shares
10% other coins- Omg, Algo, Band, knc, Zrx, Atom, TLR, Shift
How does it look? What is missing except Ethereum?
you already knew the missing coins in your list is ethereum buddy
and maybe other altcoins such as tron and binance coin should be in your lists too
I am still trying to fathom if NEO is going to come back to normal. It will be one of the most surprising things to me.
Wave will be among the surprises. It actually pulled some stunts recently, but not like before.
Platofrm's best trading is Coinbase, they really do their research before listing altcoins on their platform,
and lately, Binance is disappointing their members because of Sushi, this is bad
Some have already started peddling the news around that sushi got a free listing. Binance needs to wake up from her slumber. Listing just any coin van make them.lose their credibility. Although, they still remain as one of the b eat, but they need to be careful and not do things just for the sake of money.and lately, Binance is disappointing their members because of Sushi, this is bad
Fees will normalize only after eth 2.0 release or after defi death. I dont know what will be sooner
These two factors could be the cost recovery of expensive ETH gas, but maybe this is the business game of the big miners. They are still hungry for profit, all will be done when they reach their goal.
this is not a business but those crazy defi traders were making this.
All these abnormalities just have to stop. I can't wait to see Ethereum gas fee come back to Norma.again. It is just one.of those gimmicks and it will come ti.an end.
Some people are making their money from it already and they are the miners. Nothing goes on continuously for life, an end will definitely be seen, coupled with a new beginning.
There is actually nothing wrong with DIA and there is noting wrong with what is happening to it. Whatever we have seen is in accordance with the market. In fact, it is one of the best launch you can talk of at the moment. It will surpass most Defi we see and when most of them are dead, I strongly envisage that DIA will be alive fine.
You make predictions when the bull market, fomo and hype make someone's emotions motivated to expect something beyond reason, it's fine because in crypto space anything can happen but it definitely takes time and a plan to achieve this. If you make a prediction during a bear market like now, are you sure TRX will reach $5 by December 2020?
TRX $ 5? it's just a dream that won't come true in the near future, we do know that the magic in crypto currency is real, but if you don't have knowledge, then you will dream every day
People do not like to tell themselves the truth and the imagine things that cannot come to pass. Tron is from achieving that. Even if the CEO of From is asked, he would not agree to it.
At this time and with so.much that has happened in the past, it will be very difficult for even a co I'm like XRP to reach that price, let alone Tron amidst competitors.
Re: I am curious about people's opinion of DeFi projects and coins
I have already expressed my opinion that defi and the current staking returns offered are unsustainable in the long run and many investors are gonna burn their hands.
just don't invest all your money in one Defi coin. Split the risks and leave 50 percent of your deposit in bitcoin and then you will not lose your money, but earnAnother very good option now is Ethreum. Ethereum yesterday reached an all time high since the beginning of 2020 till now. It's a very promising coin, which can be an alternative d better investment when compared with lots of Dedi projects.
I think it will be very difficult for IDNA to hit the price of $1 now, but I personally hope that at least there will be an increase in the price of IDNA in the near future between $35- $40, because the next validation will occur in 10 days and hope it can affect the price of IDNA in the market, but to reach the price of $1, of course it is not impossible if the team IDENA really focuses on developing their project by registering IDNA coins to a large markets that does have a high transactions volume.
Touching that price from.where it is now is very much possible. Many coins more than this nowadays and a lot of them are not better than Idena.
I have also realised that crypto has made things like this very much possible due to its volatility. It might get there and fall back again.
ADA, TRX and ETH are obviously very typical of good trading coins.
The reason is that they swing in prices a lot. A coin with lots of fluctuations is no doubt very good for trading.
In fact, you might not be a day trader yet make profit from.them on a daily basis.
The reason is that they swing in prices a lot. A coin with lots of fluctuations is no doubt very good for trading.
In fact, you might not be a day trader yet make profit from.them on a daily basis.
it has a possibility that the price will goes higher at the end of 2020, i think we can see $800 at the end of the year if there is no bad thing happened during the hype. currently the price at $466 and it is still keep going up because the volume is really high and people will probably following the hype train that people will buy even more ethereum.
No one is impossible all is gonna happen if they want to reach on a higher price. And if we have trust for etherium there will be a chance to followed by bitcoin all we can see right now bitcoin are in top and start to increase more the price so its same for etherium are trying increase the price more maybe as you said in the end of this year etherium will be take the price of $800 and well let see if this will true.Your last statement shows some level of doubt, but as for me, it is going to hit it and nothing is going to stop it. Ethereum is seriously bullish this time, most especially at this time of rise in Dedi and with the serious use of uniswap, it is nor going to stop until it reaches that price.
What are the projects you guys are looking for? Are there upcoming Defi project sales which you keep an eye on?
DIA at the beginning of the sale was quiete interesting.
Dia data was the best surprising Defi project ever. The price of dia data token, still raising incredibly. Nowadays defi project gain too much popularity that almost every defi project got succesufull. And so scammers are trying to stolen our fund by releasing fake defi. So be careful about fake defi, must analysis deeply before investing any new defiDIA at the beginning of the sale was quiete interesting.
It's price is actually correcting a s I speak and many are waiting for a surge in price, which might not really happen now, yet I believe in the potentia of DIA. I just wish I still have more fund left to aquire more before there is a high surge in price.
Dont know why a few month ago serching for coins or tokens to invest in on kraken i found that one. It was at 2 dollars and a horrible grafic. From 50$ to 250 then to 1$. But the total supply of 1.5M and the simplicity of the project, Makes me give a try. And boum went to 20 dollars, sell. remind in 10...and... Boum 80 dollars.. LOL. With a mcap of 90m only i made my greatest rentability.
so my wonder is what can happend here.?. Should i take profit cause it will go again to 1 or shoul i trade and buy strong at 55 cause it can go to...where? What do you think about this token.? I know is a shit coin but...who cares? The thing is working like noone expect 4 years ago. If btc raises to 54k what this thing will do? I predict 11k... U will say im crazy but the whole thing in crypto is crazy.. btc is swiming relaxed at 12k...Whatever...thanks for reading and plese do some reserch and buy this shit. 🙄
so my wonder is what can happend here.?. Should i take profit cause it will go again to 1 or shoul i trade and buy strong at 55 cause it can go to...where? What do you think about this token.? I know is a shit coin but...who cares? The thing is working like noone expect 4 years ago. If btc raises to 54k what this thing will do? I predict 11k... U will say im crazy but the whole thing in crypto is crazy.. btc is swiming relaxed at 12k...Whatever...thanks for reading and plese do some reserch and buy this shit. 🙄
Your positivity over the token is because of the outvmcone you have had so far on it. Had it been nit has not turned out the way you wanted or envisaged, perhaps you would gave backed out. Well, your being bullish about it is subject to.lots of reasons and conditions, inasmuch as they keeping meeting your needs, you Don mind.
I don't think it would be possible for XRP to reach $5 because OP had created this topic two years ago and still it is struggling to cross $1 and that makes me think how worst investment OP had made and now going through a bad phase.
You never can tell, the OP might have sold what he has. However, in my own opinion I feel it is possible if there is a another massive bull run. XRP still maintains its position despite not being at price projected by the operator.
ETH has gone far ahead. So, XRP can easily follow while waiting for the market to surge.
I don't think investing in kick token is a good idea this token is struggling in the market and it doesn't look capable to achieve something positive, its current state indicates that it may disappear soon from the market so It may be risky investment option, be careful before investing in this useless token.
Reportedly they will buyback in September, and this makes KICK go up high, I think this is the first step for KICK to be a pretty good project and can get investors back to them, we'll see what will happen later, investing in KICK is not a problemLike you have to meet up with something to qualify for the buyback. Well, in spite all, it will pump the price.
it's great to see that Nominex exchange has a very good marketing plan and the product quality is getting better. we are all too familiar with big names like Binance, Huobi, Okex, ... there are trading competitions there but it also brings risks to us. Also at Nominex exchange, we will only trade on demo accounts and if we trade with the highest win rate, we will have a big prize. There won't be any fees here, I highly recommend taking part in this contest.
Right, this is what interesting, daily trading competitions on demo accounts with real token prizes. Almost every day I participate in this trading competition, but I have never been on the top 10. Still trying and hope to be lucky to get the reward of 1000 USDTWith consistency, it is very easy. You just need to learn from your mistakes and use your past experience, both good and bad to take on the next task.
That is how it has actually been working for me. It entails much more than luck.
I know DASH is a good coin, but I get more attracted to new altcoins than to the old ones. I want what will bring a higher return, most especially now that focus is more on DeFi projects. DASH has actually got its share of moon this year and I am not sure if it will have another round before the bull run. I actually like it's consistency.
the prediction for ethereum is getting more difficult ethereum can fall and rise at any time happens now ethereum conditions drop unstable condition in my opinion if i want to buy ethereum, I will wait for Ethereum to fall even deeper most likely will happen in the near future, my prediction
What if it does not fall again? This might be the base you will ever see after this time.
Something similar to this happened sometimes ago. Many did not cease the opportunity to buy low at that time. They felt it would drop further, but fortunately, it picked up again
It is going to be big on ETH this year, most importantly with the upcoming update.