IOTA Reveals information About Qubic ProjectsteemCreated with Sketch.

in #cryptocurrency • 6 years ago



IOTA -- among the biggest cryptocurrencies by market cap - has actually just recently exposed some brand-new info concerning its secret job "Q".

The job - Qubic - which was at first developed in a post on BitcoinTalk in September 2012, is promoted as a digital currency using all the advantages of Bitcoin, however none of its downsides. The Qubic procedure is targeted at helping with clever agreements, oracles, and outsourced calculation.

Task Q is supposedly the IOTA Structure's most significant trick.

After months of speculation about exactly what is in fact behind the job - the IOTA group had actually revealed just a couple of information, with a main discussion set up to occur on June 3rd:

We are moving quickly to the next date of IOTA, today the IOTA Structure is delighted and happy to begin the main unveiling of Qubic. https://t.co/U87 nKaZWnI #IOTA #Qubic

-- IOTA (@iotatoken) Might 3, 2018
Nevertheless, after lovers patiently awaited a month considering that IOTA in April introduced a countdown and a site - https://qubic.iota.org - the business exposed some brand-new info on its strange Qubic job-- or Quorum Based Coin:
" To be extremely clear, Qubic is still an operate in development."
On it's site, the group specified that the time has actually pertained to clarify the job, to offer the IOTA neighborhood and the public a broad introduction of the job, and "to assist communicate the massive scope of the Qubic job."

In order to clean up a couple of typical misunderstandings, the site included that:

" Qubic is not a brand-new token or coin; there will be no Qubic ICO or airdrop."
With this statement creating a great deal of unfavorable tweets, some critics fasted to recommend that IOTA was disappointing expectations:

The Qubic platform will be the most substantial contribution to the IOTA stack, it will make it possible for endless brand-new usage cases and turn the IOTA Task into a complete service. Info and information are starting to be revealed today at https://t.co/U87 nKaZWnI #IOTA #Qubic

-- IOTA (@iotatoken) June 3, 2018

Posted from my blog with SteemPress : https://icoscroll.com/iota-reveals-information-about-qubic-project/
#bitcoin #crypto #blockchain #altcoin
6 years ago in #cryptocurrency by
$0.00
    4 votes
    Reply 1

    Coin Marketplace

    STEEM 0.30
    TRX 0.12
    JST 0.033
    BTC 64029.44
    ETH 3157.04
    USDT 1.00
    SBD 4.02