In the ever-evolving landscape of blockchain technology and artificial intelligence (AI), a quiet revolution is brewing that combines these two game-changing innovations into one seamless ecosystem. This new project, called Qubic, merges cutting-edge cryptography with AI to pave the path to the next paradigm of computing and finance.
At the core of Qubic lies its lifeblood — the Qubic Units (QUs) that fuel its operations much like gas in the Ethereum network. But unlike Ethereum’s gas that is paid to the network, Qubic’s QUs are permanently burned when used. This makes them deflationary by design, counteracting inflationary minting each epoch.
This novel tokenomic construct keeps the Qubic economy in equilibrium, directing immense computing resources towards advancing machine learning without wastage. Qubic calls this Useful Proof-of-Work (UPoW) — anchoring its consensus mechanism in solving meaningful AI problems rather than wasted cryptographic puzzles of older chains.
Computors: The AI Crunching Backbone
Delivering this monumental computational workload are specialized validator nodes named Computors. They operate on bare-metal servers with direct hardware access unlike virtualized hosting of regular blockchain nodes.
Computors shoulder essential responsibilities — executing tasks like running Smart Contracts, maintaining Spectrum ledgers of Qubic’s transaction history and participating in on-chain governance via the unique Quorum voting process. Their ranks are also limited to only 676 at any time, keeping decision-making efficient.
A weekly ranking determines top-performing Computors who retain active status while underperforming ones are booted out in favor of better candidates. This Darwinian struggle for survival pushes each Computor to maximize usefulness through their associated Miners.
The Arms Behind Computors: Miners
Qubic’s Miners resemble traditional PoW miners but with a twist. Instead of competing to package transaction data, they solve complex computational tasks assigned by their connected Computors using AI models.
The solutions found are relayed back to the Computors, contributing to higher rankings and earning potential for successful miners. Unlike most chains where only block producing/validating nodes earn tokens, Qubic incentivizes both Computors and Miners — creating a symbiotic relationship.
More miners equate to greater problem-solving capacity for Computors. And better performant Computors share larger protocol rewards with their miners. It’s a win-win for all participants!
The Qubic Quorum: On-Chain Governance
Instead of a centralized entity or foundation calling the shots, Qubic employs a democratic Quorum voting process where decisions are ratified by decentralized consensus among Computors.
Minimum participation levels prevent stagnation. And the winning outcome in any vote only requires simple majority agreement. This governance mechanism ensures no single group gains disproportionate control while aligning network upgrades with community preferences.
Qubic’s Smart Contracts: Frictionless and Deflationary
Qubic’s Smart Contracts build upon strengths of preceding networks while mitigating common issues plaguing competitors. Transactions invoke functions that accept and emit data structures as input and output without requiring specialized tokens.
This allows frictionless transfers between contracts unlike EVM chains where bridging assets incurs substantial fees. Qubic Smart Contracts also provably burn QUs during execution to offset inflation, keeping the economy stabilized.
Oracles further enhance real-world applicability by securely feeding off-chain data to on-chain contracts — enabling intricate decision logic and interchain communication. These features expand possibilities for developers to craft decentralized applications.
Spectrum: A Decentralized Ledger Across Space and Time
Tying the disparate pieces together is Spectrum — Qubic’s decentralized and distributed ledger storing transparent records of all network activity per epoch week. Spectrum’s design delivers security and accuracy through decentralized control rather than relying on a single entity.
And its data structure retaining sequential transaction data for every epoch grants researchers temporal transparency unique to Qubic. This multi-dimensional ledger greatly aids diagnostics and research into network operations over time.
Qubic: Connecting Blockchains with AI
As evident, Qubic goes far beyond derivative attempts seeking incremental advancements. It fundamentally transforms how blockchains function via UPoW while also pioneering interoperability with AI.
Qubic is constructing the crucial bridge between AI and blockchain — directing immense computing capacity towards machine learning advancements through miner participation. This symbiotic innovation engine will ratchet AI progress through crowdsourced, distributed effort.
At the same time, blockchain’s cryptography guarantees integrity of data and models transacted within Qubic. For the first time, confidential and auditable collaboration on sensitive machine learning R&D can transpire at global scale.
The cumulative improvements over time promise tremendous value generation as AI model exchanges and collective training accelerate. Qubic removes barriers to entry for collaborative AI research — connecting decentralized talent across blockchains and borders seamlessly through its innovative protocol.
Accessing The Next Frontier Today
Qubic has firmly progressed beyond conceptual stages into active technological development and community expansion. Its launch epoch saw over 10 trillion QUs burned — underscoring intense early usage. And successive upgrades demonstrate consistent progress as Qubic leaves competitors behind.
For prescient investors worldwide, Qubic tokens are already accessible on Safe Trade, a burgeoning centralized exchange attuned to hidden gems. An asset with game-changing implications for both blockchain and AI universes trading on a relatively obscure platform represents enormous upside potential.
Once Qubic’s innovations propagate more widely across both industries, valuation expansion can rapidly eclipse the hottest coins dominating headlines today. Qubic offers the rare chance to support a project combining dual technologies that will independently reshape the 21st century.
The time for hamstringing blockchain with needlessly wasteful mining is over. Qubic leverages cryptography to foster collaborative AI breakthroughs aligned with human progress. Its multipronged strategy placing equal emphasis on sustainability and functional advancement cements its outlook as the premier smart contract platform for Web 3.0 and beyond.
This news is republished from another source. You can check the original article here
