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Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

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Qubic: The Quantum Leap for AI and Blockchain

5 min readDec 13, 2023

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Photo by Pixabay

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.

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Coinmonks
Coinmonks

Published in Coinmonks

Coinmonks is a non-profit Crypto Educational Publication. Other Project — https://coincodecap.com/ & Email — gaurav@coincodecap.com

Benstyrax
Benstyrax

Written by Benstyrax

Trader....Crypto and Blockchain Enthusiast

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