Meet Qubic Crypto: The Future of Cryptocurrency Platforms
In a rapidly evolving world of cryptocurrencies, Qubic Crypto (QUBIC) stands out as a revolutionary platform that merges blockchain technology with advanced AI research. The term “Qubic” stands for “Quorum-Based Computation” (QBC), reflecting its innovative focus.
Qubic Crypto distinguishes itself from traditional systems by redirecting computational resources towards developing and training Artificial Neural Networks (ANNs). This innovative approach not only bolsters mining security but also accelerates advancements in AI research.
The platform employs a distinctive Quorum protocol to facilitate quick, reliable, and fee-free transactions. Additionally, it supports a wide range of applications, from smart contracts to decentralized computing resources.
Qubic Crypto was founded by Sergey Ivancheglo, widely recognized in the blockchain community under his pseudonym Come-From-Beyond (CFB). Ivancheglo is celebrated for his pivotal role in developing NXT, the first cryptocurrency based exclusively on proof-of-stake, and co-founding the innovative IOTA network.
Besides, he co-founded the well-known IOTA, a groundbreaking Directed Acyclic Graph (DAG) cryptocurrency. His goal with Qubic is to create a decentralized, community-oriented platform that leverages computational resources for training artificial intelligence.
Qubic’s Proof-of-Work (uPoW) system integrates blockchain security with AI innovation by channelling mining efforts into training artificial neural networks (ANNs).
In contrast to traditional models that rely on solving random puzzles, Qubic’s mining process involves completing tasks assigned by computers, which directly contribute to enhancing and refining AI models.
This approach strengthens network security. Besides, it yields significant benefits through the advancement of AI. That way, it adds inherent value to the mining process.
Qubic Crypto Price Prediction: Is There Any Further Potential?
It is possible to trade QUBIC tokens on several centralized cryptocurrency exchanges. For example, MEXC is the leading platform for Qubic. On the platform, the QUBIC/USDT pair has reached a trading volume of $484,474 in the past 24 hours.
Other popular exchanges include Gate.io and Bit2Me. Qubic (QUBIC) has recently experienced a trading volume of $2,552,547 over the last day, reflecting a 20.00% increase from the previous day and a notable rise in market activity. Based on historical performance data, Qubic Network shows promising growth potential. Currently, the Qubic price stands at $0.00000177. Analysts predict a substantial increase over the coming period. Within one month, the price may rise to $0.00000559, reflecting a remarkable gain of 225.30%.
Over three months, Qubic crypto exchange projections suggest a slight increase to $0.00000589. Therefore, it will be reaching a 242.60% rise mark. Looking at the six-month forecast, the price could get to $0.00000478, indicating a 178.08% increase.
Over the next year, Qubic Network could achieve a price of $0.00000454 – a 164.42% growth.
These predictions highlight the network’s potential for significant appreciation in the near and medium-term future.
How To Begin Your Journey? A Step-by-step Guide
To start using your Qubic crypto wallet, first create a ‘seed,’ which acts as your password and is similar to a Bitcoin private key. This seed is critical for accessing your Qubic Units (QUs) and must be kept secure. You will lose access to your QUs if you lose it, so never share it with anyone.
After creating your seed, generate your Qubic ID, a 60-character string derived from your seed, much like deriving a public key in Bitcoin. To get your Qubic ID, enter your seed into the qubic.li wallet or use the Signer/Verifier index.html tool.
To obtain QUs, locate a seller for an Over-The-Counter (OTC) transaction via the OTC channel on the Qubic Discord Server. You can either find sellers or post a request to purchase QUs. OTC transactions involve direct agreements between buyers and sellers. Besides, using an escrow agent can enhance security.
Here’s a brief guide to how escrow works: First, the seller deposits QUs into an escrow account. After that, the escrow agent confirms this to the buyer. The buyer then transfers Bitcoin or another currency to the seller. Finally, upon the seller confirming receipt, the escrow agent releases the QUs to the buyer.
To start buying Qubic crypto, use the qubic.li wallet. Set up a vault, enter your seed, and begin interacting with the Qubic network. The qubic.li platform will guide you through network statistics and transaction details, simplifying your journey into the Qubic ecosystem. On the platform, you can log in with prefilled data to access information without needing a full account setup.
The post Meet Qubic Crypto: The Future of Cryptocurrency Platforms appeared first on FinanceBrokerage.
