SafeTrade is pleased to list another highly anticipated project that has the potential to bring innovation to the industry.
Qubitcoin ($QTC) is a new cryptocurrency that changes how mining works. Instead of just solving hash puzzles like Bitcoin, Qubitcoin miners simulate quantum circuits. This system, called Quantum Proof-of-Work (qPoW), helps improve quantum computing tools while securing the blockchain.
Miners simulate a 16-qubit quantum circuit, then feed the result into a hash function to create a valid block. This turns mining into useful computation; benchmarking quantum simulators instead of wasting energy on random guesses.
Qubitcoin uses NVIDIA’s cuQuantum SDK (e.g., cuStateVec) to run default GPU-based simulations. A 16-qubit simulation can take ~1 millisecond on a typical consumer GPU like the RTX 3060.
It supports Bring Your Own Solver (BYOS), anyone can plug in their own quantum simulator backend, whether CPU-based, GPU-optimized, or actual quantum hardware.
Built on a Bitcoin Core fork, Qubitcoin modifies parameters like block time, difficulty (ASERT), and reward system to accommodate qPoW.
You can learn more or get involved here.
Trading is LIVE with a QTC/USDT pair.
Comments
0 comments
Please sign in to leave a comment.