Published in Qitchain Network

·1 day ago

SMART CONTRACT CHANGING THE WAY OF TRUST

What are smart contract? A smart contract is a contract in the form of a computer program that is automatically executed when certain pre-programmed conditions are met. It is a computer protocol that is designed to digitally facilitate, verify, or enforce contract negotiation or performance. Smart contracts allow credible transactions to be executed without…

Blockchain

7 min read

SMART CONTRACT CHANGING THE WAY OF TRUST

Published in Qitchain Network

·6 days ago

Why do you say that | The next bitcoin will be called Qitcoin?

In April 2022, Bitcoin will usher in an important time node. With the advent of the 19 millionth Bitcoin, Bitcoin has once again become the focus of discussion. The market value of trillions, the first choice for hedging, and the high price of a single coin exceeding 38,000 USD. Behind…

Blockchain

9 min read

Why do you say that | The next bitcoin will be called Qitcoin?

Published in Qitchain Network

·May 6

QitChain’s First Hard Fork

Qitchain planned a hard fork on May, 20 2022, during which all trading platforms and wallets, mining pools, Solo mining, etc. will be upgraded. The hard fork includes the following two technical upgrades: First, the retest phase of the PoST mainnet upgrade will be completed on May 5, and will be directly compatible with the chia storage service. Second, after the first conference of the top 20 test nodes in the world, the QitChain team conducted model deduction and technical testing. It is feasible to increase the top ten POS competition nodes in the entire network to the top 20.

Blockchain

1 min read

QitChain’s First Hard Fork

Qitchain planned a hard fork on May, 20 2022, during which all trading platforms and wallets, mining pools, Solo mining, etc. will be upgraded.

The hard fork includes the following two technical upgrades:

First, the retest phase of the PoST mainnet upgrade will be completed on May 5, and will be directly compatible with the chia storage service.

Second, after the first conference of the top 20 test nodes in the world, the QitChain team conducted model deduction and technical testing. It is feasible to increase the top ten POS competition nodes in the entire network to the top 20.

Published in Qitchain Network

·May 5

Qitchain’s Monthly Stats April 2022

1. Overview of Qitchain As of April 30, 2022, the Qitchain mainnet data is as follows: · Block height: 159860 · Number of currency holding addresses: 104892 · Network capacity: 678.12 PiB · Total number of nodes: 1000+

Blockchain Technology

3 min read

Published in Qitchain Network

·Apr 22

An Integration: Artificial intelligence (AI) and Blockchain

What is Blockchain technology? Blockchain innovation generally characterized as a decentralized that records the provenance of a computerized resource. It works the most common method of recording exchanges and tracking resources. The information on a blockchain can’t be altered, which makes it an authentic disruptor for enterprises. Blockchain innovation makes digital currencies work very…

Blockchain Technology

9 min read

An Integration: Artificial intelligence (AI) and Blockchain

Published in Qitchain Network

·Apr 16

Future of blockchain & Internet of things (IOT)

The Internet of Things (IoT) has the capability of connecting all devices via a cloud-based ecosystem. It has the potential to underpin the architecture of smart cities in the future, making correspondence far more simplified and effective than they are today. However, one major impediment to IoT is that it…

Blockchain Technology

8 min read

Future of blockchain & Internet of things (IOT)

Published in Qitchain Network

·Apr 9

QitChain’s Ecosystem and Future Vision

Introduction Previously, we have completed a basic introduction to QitChain’s infrastructure, technical advantages and economic model, and made a relatively subjective judgment on its prospects. …

Blockchain

9 min read

Published in Qitchain Network

·Apr 4

𝐐𝐢𝐭𝐜𝐡𝐚𝐢𝐧’𝐬 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐒𝐭𝐚𝐭𝐬 𝐌𝐚𝐫𝐜𝐡 𝟐𝟎𝟐𝟐

1. Overview of Qitchain As of March 31, 2022, the Qitchain mainnet data is as follows · Block height: 144930 · Number of Currency holding addresses: 105307 · Network capacity: 674.69 PiB · Total number of nodes: 1000+

Blockchain

3 min read

Published in Qitchain Network

·Apr 1

QTC100-Day Development Reward Program

In order to promote a more stable, secure and orderly growth of QTC’s blockchain network, QTC has started to provide contributor incentives for computing power builders since April. The specific plans are as follows: 1. Source of Bonus This reward program is jointly initiated by the QTC Foundation and the Mars mining pool. In…

Blockchain

2 min read

Published in Qitchain Network

·Mar 26

Overview and Incorporation of Proof of Space-Time to QTC’s Main Chain

Consensus mechanisms (often referred as consensus protocols or consensus algorithms) enable dispersed systems (computer networks) to collaborate while remaining secure. These approaches have been used to achieve agreement across database nodes, application servers, and other corporate infrastructure components for decades. …

Blockchain

4 min read

Overview and Incorporation of Proof of Space-Time to QTC’s Main Chain