What is Qubic (QUBIC)?

Deep Dive

1. Technology & Architecture

Qubic operates on Quorum-Based Computation (QBC), where 676 validators (“Computors”) vote on transactions and smart contracts. Unlike traditional blockchains, it uses Useful-Proof-of-Work (uPoW) to redirect mining energy toward training Aigarth, its decentralized AI network. This replaces arbitrary hashing with practical tasks like neural network optimization. Transactions are feeless and settle in seconds, validated by CertiK as the fastest Layer 1 (Qubic).

2. Ecosystem & Use Cases

Qubic’s ecosystem supports:
- Decentralized AI: Miners contribute compute power to Aigarth, which autonomously generates artificial neural networks.
- NFTs/DeFi: QubicBay, its native NFT marketplace, enables gas-free minting and trading.
- Cross-Chain: A bridge to Solana (Cointribune) allows QUBIC holders to access DeFi liquidity.

3. Tokenomics & Governance

QUBIC has a fixed supply of ~161T tokens, with burns via smart contract fees and a unique buyback mechanism: 50% of Monero mining rewards (from Qubic’s uPoW miners) are converted to USDT to buy and burn QUBIC. Governance is decentralized, with proposals voted on by Computors and token holders (Bitrue).

Conclusion

Qubic reimagines blockchain as a tool for decentralized AI development, leveraging high throughput and deflationary mechanics. Its controversial uPoW model—redirecting mining power to external chains like Monero—highlights its experimental ethos. Can Qubic’s AI-first approach outpace competitors focused solely on financial applications?