Convert QUBIC to TRY

Qubic is a unique blockchain project that integrates artificial intelligence (AI) training directly into its consensus mechanism, aiming to create a decentralised global supercomputer.

Key takeaways

• Qubic utilises a novel consensus mechanism called Useful Proof-of-Work (uPoW), where miners' computational power is used to train the Aigarth AI neural network.
• The project aims to build a decentralised, global supercomputer capable of executing smart contracts and providing AI-as-a-Service.
• QUBIC is the native utility token of the Qubic network, used for paying transaction fees, rewarding miners (Computors), and participating in governance.
• With a maximum supply of 200 trillion tokens, Qubic's economy is designed around its computational and AI training outputs.
• You can track the live price of QUBIC and trade the QUBIC/USDT spot or perpetual contract on the BTCC exchange.

What is Qubic? Key Specifications & Tokenomics

Qubic is a next-generation blockchain platform that redefines mining by making computational work useful for training artificial intelligence.

Who created Qubic (QUBIC)?

Qubic was founded by Sergey Ivancheglo, also known by his pseudonym Come-from-Beyond (CFB). He is a well-respected figure in the crypto space, notably recognised as a co-founder of IOTA and NXT. The project's development is driven by a vision to create a truly useful blockchain where the energy expended for security directly contributes to valuable global computation, specifically in advancing artificial intelligence. The team operates with a strong focus on decentralisation and open-source development.

How does Qubic (QUBIC) work?

The Qubic network operates on its innovative Useful Proof-of-Work (uPoW) consensus. Unlike traditional PoW that wastes energy on arbitrary puzzles, Qubic miners, called "Computors," perform real computational work.

• Aigarth AI Training: Their primary task is to train the Aigarth artificial neural network. This process involves solving complex mathematical problems that directly contribute to the AI's learning and capabilities.
• Quorum-Based Consensus: The network uses a quorum system where 676 Computors are selected to validate transactions and create new blocks. This committee is chosen based on their proven computational output and stake in the ecosystem.
• Smart Contract Execution: The platform natively supports smart contracts, which are executed across the decentralised network of Computors, leveraging the combined processing power for complex tasks.

This model aims to create a sustainable ecosystem where security (mining) directly funds and powers a global, decentralised AI and supercomputing resource.

What makes Qubic (QUBIC) unique and valuable?

Qubic's core innovation and value proposition lie in its Useful Proof-of-Work (uPoW) system. This addresses one of the major criticisms of cryptocurrencies: energy waste. By channelling mining power into training the Aigarth AI, Qubic creates tangible, valuable output from its security expenditure. This positions it not just as a transactional ledger, but as a foundational layer for a decentralised artificial intelligence economy.

Furthermore, its architecture is built from the ground up to function as a global supercomputer. The combination of quorum-based validation for fast settlement and a massive network of Computors for parallel processing allows it to handle tasks far beyond simple payments, including complex AI model training and large-scale data computation. This unique utility could drive long-term demand for the network's resources and its native QUBIC token.

What is Qubic (QUBIC) used for?

The QUBIC token serves as the lifeblood of the Qubic ecosystem, with several key utilities:

• Network Fees: QUBIC is used to pay for transaction fees and for executing smart contracts on the Qubic network.
• Miners/Computors Reward: Computors who contribute processing power to train the Aigarth AI and secure the network are rewarded in QUBIC tokens.
• Governance: Token holders can participate in the governance of the protocol, influencing future development directions and parameter changes.
• Staking: Participants can stake QUBIC to support the network and earn a share of the rewards, contributing to security and decentralisation.
• Access to AI Services: In the future, QUBIC is expected to be the primary medium for accessing and paying for AI-as-a-Service capabilities provided by the Aigarth network.

How Is the Qubic (QUBIC) Ecosystem Developing?

The Qubic ecosystem is centred on expanding the capabilities and adoption of its uPoW-powered supercomputer. Development is focused on enhancing the Aigarth AI's performance and making its computational resources accessible to developers and enterprises. The community is actively involved in building and proposing new use cases for the network's unique processing power. Growth is measured by the increase in total computational power dedicated to the network, the complexity of tasks being performed, and the development of tools and applications that leverage Qubic's decentralised AI infrastructure. You can monitor its progress and market activity on the BTCC price page.

How to mine Qubic (QUBIC)?

Mining Qubic, or acting as a Computor, involves contributing computational resources to train the Aigarth AI network. This process uses the custom Qu-Hashing algorithm.

• Hardware: The network is designed to be accessible. Initially, it supported CPU mining to encourage decentralisation. As the network matures, efficiency becomes key.
• Software: Miners need to run the official Qubic client software, which connects them to the network and directs their hardware to perform the useful computational work required for consensus and AI training.
• Process: By running this software, your machine works on the tasks assigned by the network. Successful completion of these tasks contributes to the blockchain and earns QUBIC rewards, distributed based on the amount of useful work performed.

How to keep your QUBIC Coin safe?

Securing your QUBIC tokens is paramount. For long-term storage, consider using a non-custodial wallet where you control the private keys. Always ensure you download wallet software only from official sources to avoid malware. For active use within the Qubic ecosystem, such as staking or interacting with smart contracts, using the official Qubic wallet or a trusted, compatible wallet is recommended. For traders holding QUBIC on exchanges, enabling all available security features like two-factor authentication (2FA) and withdrawal whitelists on platforms like BTCC is essential.

How to buy QUBIC Coin?

QUBIC is a cryptocurrency available on several exchanges. However, it is recommended to trade on a major platform like BTCC exchange for higher liquidity and better customer support.

1. Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
2. Deposit Funds: Deposit fiat currency (via bank transfer, card, or third-party payment) or transfer USDT from an external wallet into your BTCC account. You can follow this guide.
3. Start Trading: Go to the trading page and search for the spot trading pair QUBIC/USDT or the perpetual contract QUBIC/USDT.
4. Place an Order: Enter the amount of QUBIC you wish to purchase and submit the order. For contract trading, you can also choose to go short (sell) and adjust the leverage multiplier according to your strategy and risk tolerance.
5. Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.