What is Qubic (QUBIC)?

Deep Dive

1. Technology & Architecture

Qubic operates via a quorum-based computer (QBC) system, where 676 nodes ("Computors") validate transactions and execute smart contracts. Consensus requires agreement from 451+ nodes, ensuring security without energy-intensive mining. Its Useful Proof of Work (uPoW) model repurposes computational power for AI training and network tasks, creating real-world utility. Unlike virtual machine-based blockchains, Qubic executes code directly on hardware, enabling smart contracts in seconds.

2. Tokenomics & Governance

Each week ("epoch"), 1 trillion QUBIC tokens are minted and distributed to Computors based on performance. A portion of rewards is burned to counter inflation, while inefficient nodes lose earnings. The arbitrator (a neutral entity) resolves disputes but has no control over token distribution or smart contracts. QUBIC’s deflationary mechanics include burning tokens bought with mining rewards from partnered chains like Monero.

3. Key Differentiators

• Feeless transactions: Unlike Ethereum or Solana, Qubic charges no gas fees for basic transactions.
• Bare-metal execution: Smart contracts run in C++ without virtual machines, optimizing speed.
• AI integration: Miners contribute to AI model training, aligning crypto incentives with machine learning progress.

Conclusion

Qubic reimagines blockchain as a decentralized supercomputer, prioritizing utility over speculation. Its fusion of quorum consensus, AI-driven mining, and feeless contracts positions it as a niche player in decentralized compute infrastructure. Can Qubic’s focus on real-world computation outpace competitors prioritizing DeFi or NFTs?