Discover the $QUBIC (Qubic) Listing on XT

XT,
the
world’s
first
socially
infused
trading
platform,
is
thrilled
to
announce
the
listing
of QUBIC
(Qubic)  on
its
platform
in
the Main Zone
and
the QUBIC/USDT trading
pair
started
 from 09:00
on 2024-06-18 (UTC).

About
QUBIC

QUBIC
is
the
native
digital
asset
for
Qubic,
layer-1
Quorum-based
consensus
protocol
blockchain
with
a
max
supply
of
1
quadrillion
coins. 

The
QUBIC
coin,
also
known
by
its
ticker
QUBIC,
represents
a
significant
innovation
in
the
cryptocurrency
landscape.
Unlike
traditional
digital
currencies,
QUBIC
Units,
also
known
as
QUs,
serve
as
a
measure
of
computational
energy
within
the
Qubic
ecosystem,
fundamentally
altering
the
concept
of
value
and
utility
in
the
crypto
space.
Each
QU
is
essential
for
executing
smart
contracts
and
accessing
various
services
on
the
Qubic
platform.
This
unique
approach
transforms
the
coin
from
a
mere
financial
asset
into
a
crucial
element
of
the
network’s
operational
framework.

The
generation
and
distribution
of
QUBIC
coins
are
meticulously
designed
to
encourage
efficiency
and
balance
within
the
ecosystem.
Every
epoch,
lasting
seven
days,
produces
one
trillion
QUs.
These
units
are
primarily
allocated
to
the
network’s
Computors,
with
the
most
efficient
ones
receiving
the
lion’s
share.
Inefficient
Computors
have
a
portion
of
their
rewards
burned,
ensuring
that
only
the
most
capable
participants
sustain
their
roles.
This
system
not
only
incentivizes
high
performance
but
also
maintains
a
dynamic
equilibrium
in
the
network’s
coin
supply.

Transfers
within
the
Qubic
network
are
feeless,
a
feature
that
sets
it
apart
from
many
other
platforms.
The
execution
of
smart
contracts,
however,
incurs
a
commission
determined
through
a
quorum
vote
by
Computors.
These
commissions
are
not
pocketed
by
the
Computors
but
are
burned,
effectively
regulating
inflation
and
deflation
within
the
ecosystem.
This
burn
mechanism
reinforces
the
concept
of
QUs
as ‘energy’
rather
than
currency,
promoting
a
balanced
and
sustainable
economic
model
for
the
platform.

Albin
Warin, CEO
of
XT, has
been
instrumental
in
steering
the
platform
to
the
forefront
of
the
digital
asset
marketplace.
Having
a
vision
rooted
in
fostering
innovation
and
expanding
the
horizons
of
blockchain
technology,
Warin
has
been
a
vocal
advocate
for
the
integration
of
cutting-edge
projects. 

Commenting
on
the
listing
of
Qubic
on
XT,
Warin
remarked, “The
inclusion
of
QUBIC
coins
on
our
exchange
marks
a
significant
step
forward
in
our
commitment
to
supporting
transformative
Web3
projects.
Qubic’s
unique
approach
to
combining
distributed
ledger
technology
with
AI-driven
computation
is
truly
groundbreaking,
and
we
are
excited
to
provide
our
users
access
to
such
a
pioneering
digital
asset.” 

About
Qubic,
the
Project

Qubic,
the
brainchild
of
Sergey
Ivancheglo,
co-founder
of
IOTA
and
NXT,
is
a
groundbreaking
project
that
merges
distributed
ledger
technology,
smart
contracts,
and
artificial
intelligence.
At
its
core,
Qubic
operates
with
676
Computors
responsible
for
executing
tasks
and
maintaining
the
network.
The
platform’s
unique
quorum-based
computation
system
ensures
reliability
by
requiring
agreement
from
at
least
451
Computors
before
finalizing
any
transaction
or
smart
contract
execution.

One
of
the
standout
features
of
Qubic
is
its
Useful
Proof-of-Work
system,
also
known
as
“UPoW”
for
short,
repurposes
the
computational
power
used
in
mining
for
AI
training.
This
dual-purpose
approach
not
only
optimizes
energy
use
but
also
contributes
to
real-world
AI
advancements.
Qubic’s
innovative
mechanism
contrasts
sharply
with
traditional
energy-intensive
mining
processes,
offering
a
more
efficient
and
environmentally
friendly
solution.

Qubic’s
decentralized
architecture
ensures
robust
security
and
resilience
against
cyber
threats.
The
platform’s
smart
contracts
enable
the
automation
of
complex
processes,
reducing
reliance
on
intermediaries
and
enhancing
transparency.
Moreover,
Qubic
supports
decentralized
applications,
allowing
developers
to
create
and
deploy
cutting-edge
solutions
across
various
industries.
This
combination
of
features
makes
Qubic
a
powerful
tool
for
driving
the
adoption
of
blockchain
technology
and
fostering
innovation.
As
Qubic
continues
to
evolve
and
integrate
feedback
from
its
community,
it
is
poised
to
set
new
standards
in
efficiency,
security,
and
functionality
in
the
crypto
space.

Website: qubic.org

X.com: x.com/_qubic_

Telegram: t.me/qubic_network

Medium: medium.com/@comefrombeyond

Discord: discord.com/invite/qubic

About
XT

Founded
in
2018, XT serves
more
than
6
million
registered
users,
over
500,000+
monthly
active
users,
40+
million
users
in
the
ecosystem,
and
more
than
800
tokens
with
1000+
trading
pairs.
Since
then,
XT
crypto
exchange
has
expanded
its
offerings
by
covering
a
rich
variety
of
trading
categories
to
provide
a
secure,
trusted,
and
intuitive
trading
experience
for
its
large
user
base.
One
such
addition
is
crypto
futures
trading
which
includes
USDT-M
Futures
and
coin-M
futures
perpetual
contracts,
as
well
as
copy
trading
that
allows
users
to
replicate
top
traders
in
real
time
with
just
one
click.
Additionally,
the
Futures
Grid
allows
users
to
automate
the
buying
and
selling
of
futures
contracts
to
make
profits.

Website: www.xt.com

Twitter: twitter.com/XTexchange

Telegram: t.me/XTsupport_EN

Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.