Yes, this crypto business seems risky like anything thats new, but being in at the begining is where its at, Qbit is working to changing this perception of a new currency form and to make it widely accepted for transactions just like the Dollar and the GBP. Qbit devs have been hard at work setting up a solid security advanced back-end with a powerfull API, with a Next generation payment gateway with total Privacy and security of Transactions.
At the end of the day Privacy, Ease of use and community Benefits are the ones that matter?
left until Offer Direct starts
Qbit is a Silver Asset backed Private Decentralized Electronic Digital Currency and global payment network without any central authorities. We use Mixins which mix your private key with those of other users. This Mixin is based on a concept called Borromean Ring Signatures and makes your transaction totally private and untracable.
There was no ICO and the bulk of Qbit Coins will be offered direct to the users it is meant to serve.
Holders of Qbit are rewarded with extra value generated in the Qbit Currency purchasing power by profits from our trades in Silver on the precious metals market, also by the value users and the market place on Qbit currency coins.
Qbit is an ASIC-resistant Privacy Currency that can easily be mined with your PC's CPU with enough ram and hard drive storage for the blockchain or you can join one of the mining pools.
The Proof-of-Work (PoW) algorithm used by Qbit is the Chukwa algorithm (CPU and GPU) can be used for mining. Generally the more memory your CPU or GPU has, the more hashes it processes in a second as long as your core/thread count can keep up with it.
Our algorithm is ASIC-resistant and the Qbit strategy is to minimize ASIC mining on our network allowing its users to mine with their PC and reap the block reward for their efforts.
Block Time (sec): 90 = 40 Blocks per hour.
Consensus Method: POW.
Genesis Date: GENESIS_BLOCK_TIMESTAMP = 1609078260.
Qbit Coin: EMISSION_SPEED_FACTOR = 33.
Coin Supply: As volume Required, No set size.
Masternode: None. Decentralized uses community nodes
There will be no ICO just an Offer Direct to all our supporters to buy Qbit Silver Asset backed Electronic digital Currency at a reduced price giving them more value and purchasing power as Qbit starts to be accepted world wide as a valid Secure payment alternative.
Qbit is a no-premine Crypto Currency. We believe everyone who looks to support Qbit currency should have a fair and equal chance at mining Qbit.
Please feel free to send us any questions you still want answered to email@example.com and we will add them to our FAQ sections.
Is Qbit Silver backed cryto currency a Safe haven for the future.
Definitely YES, As all Countries Currency continues it's downward slide and loss of purchasing power leading to an inflationary rise in the worlds Economies, Qbit as a Silver Backed Asset Currency can never be worth less than the spot price of Silver on any given day, as Silver prices continue to rise over the next few years you may well see the Silver price hedging $100 dollars per 1 oz, This means that 1 Qbit will be worth a minimum of $1 dollar per coin thats the intrinsic value, the extrinsic value as more and more people use the coin has no ceiling the same as Bitcoin has no ceiling but also has no intrinsic value unlike Qbit Silver our base price is tied to the Silver market spot price this gives you a safe harbour and an investment return with full privacy of your transactions, you missed the Bitcoin float dont miss the Qbit one.