Qubic (QUBIC): the future of blockchain and AI training with Useful Proof of Work.
The Qubic coin is an innovative concept in the cryptocurrency universe, introduced by the foundation behind IOTA, which seeks to solve problems of scalability, security and decentralization, common in traditional blockchains. The name Qubic comes from "Quorum-Based Computations", a system that allows for distributed computations and smart contracts to be carried out on a large scale in an efficient manner.
Qubic uses Tangle technology, the basis of IOTA, which differs from conventional blockchains. Instead of using linear blocks, Tangle is a directed acyclic graph (DAG), where transactions are interconnected in a more flexible way, allowing for greater speed and lower costs.
This cryptocurrency and its system stand out for offering a robust solution for decentralized cloud computing, allowing users to rent processing power and perform complex tasks in a safe and reliable environment. Furthermore, Qubic aims to democratize access to smart contract execution, allowing any person or company to use them without the barriers to entry that exist on traditional platforms. In short, Qubic promises to be an evolution in the cryptocurrency and smart contract landscape, bringing more efficiency and scalability to these emerging technologies.