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Qubic

QUBIC
$0.000000
-1.24% (24h)

Market Stats

Price
$0.000000
-1.24% (24h)
Market Cap
$61.6M
Volume (24h)
$770,105.51
Supply
141.01T QUBIC
FDV
$87.39M

Shariah Analysis

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Last Screening: Q1 2024

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Technical Analysis

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Trading Signals
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About Qubic

Qubic introduces a Layer 1 crypto platform with its unique Useful Proof of Work (uPoW) protocol, leveraging the Quorum protocol for real finality and fast Smart Contracts. It combines oracles and smart contracts, offering feeless transactions and asset transfers. The network is supported by 676 computors (validators) running on top-of-the-line hardware, rewarding them in $QUBIC tokens for network performance. Miners assist computors in A1 training, optimizing mining energy usage. Qubic stands out for feeless transactions, seamless integration of smart contracts and oracles, and resolving energy wastage in mining by directing computational power to ANNs training, advancing machine learning while reducing environmental impact.

Consensus Mechanism

Useful Proof of Work