Deep Dive
1. Purpose and technology
Qubic’s central idea is to make computing work serve purposes beyond securing a blockchain. Its “Useful Proof of Work” approach is intended to use mining capacity for AI training, including work associated with its Aigarth project. These goals are described in Qubic’s documentation.
The network’s smart contracts are programs that run on the blockchain. Qubic describes its system as using 676 operators, called Computors, with at least 451 needed to reach consensus. That quorum model is intended to let operators collectively confirm network activity.
2. QUBIC’s role
QUBIC is the network’s native token. Qubic’s documentation describes recurring token issuance, with rewards distributed mainly to Computors. It also says contract commissions can be set by quorum and burned, meaning those tokens are permanently removed from circulation.
In short, QUBIC is tied to the network’s reward and operating model, while Qubic itself is the platform for computation and smart contracts. The documentation is marked as a public preview, so some details may change.
Conclusion
Qubic is a blockchain project that seeks to pair on chain computing with useful workloads such as AI training, with QUBIC supporting its network economy. How effectively can it turn that computing approach into practical applications?