What is the current price of Qubic (QUBIC)?

The current price of Qubic (QUBIC) is 0.0000014584319758755 AUD, representing a -10.90 from the day prior.

Can I buy Qubic (QUBIC) on Coinstash?

Yes - you can easily buy and sell Qubic (QUBIC) on Coinstash. Simply login or sign up, to start buying Qubic (QUBIC) in minutes.

Where is the best place to buy Qubic (QUBIC) in Australia?

The best place to buy Qubic (QUBIC) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Qubic (QUBIC) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

What is the daily trading volume of Qubic (QUBIC)?

The trading volume of Qubic (QUBIC) is 3.5M AUD in the last 24hrs, representing a -10.90 from the day prior.

How can I buy Qubic (QUBIC)?

Qubic (QUBIC) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

What is the market cap of Qubic (QUBIC)?

The current market cap of Qubic (QUBIC) is 168.6M AUD.

Can I convert Qubic (QUBIC) to cash?

Yes - With Coinstash you can convert your Qubic (QUBIC) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

How many Qubic (QUBIC) are there?

The current circulating supply of Qubic (QUBIC) is 114.9T.

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What is Qubic (QUBIC)?

Qubic (QUBIC) is a decentralized computing platform that integrates blockchain technology with artificial intelligence (AI). It introduces a unique Useful Proof-of-Work (uPoW) consensus mechanism, which allows computational power to be used not only for network security but also for AI model training. By leveraging Quorum-Based Computation (QBC) for transaction validation, Qubic ensures feeless transactions, instant finality, and high scalability, making it suitable for AI-driven applications and decentralized computing.

How does Qubic (QUBIC) work?

Qubic operates as a Layer 1 blockchain, designed for high performance and instant transaction finality. The platform uses 676 Computors, a decentralized network of validators, to execute smart contracts and validate transactions.

Its Useful Proof-of-Work (uPoW) consensus mechanism directs mining power towards AI model training and validation, making the network more energy-efficient by repurposing computational resources. Additionally, Qubic employs Quorum-Based Computation (QBC), which enhances network security and ensures rapid transaction processing. Smart contracts on Qubic are executed by Computors, providing decentralized decision-making and automation.

What are the potential use cases for Qubic (QUBIC)?

Qubic’s combination of blockchain and AI technology enables applications across various industries.

Applications:

AI model training and validation – Uses network computing power to support AI development.
Feeless micropayments – Enables small-scale transactions for IoT and content monetization.
Decentralized applications (dApps) – Supports high-performance dApps requiring scalability and security.

Industries:

Artificial Intelligence (AI) – Enhances AI model training through decentralized computing.
Internet of Things (IoT) – Facilitates secure, low-cost transactions for IoT devices.
Content Monetization – Enables efficient payment models for digital content creators.

What is the history of Qubic (QUBIC)?

Qubic was founded by Sergey Ivancheglo, a co-founder of IOTA and NXT, and a key figure in innovative blockchain technologies. The project aims to bridge the gap between AI and blockchain, creating a scalable, secure, and decentralized computing network.

Key Milestones:

Launch of the Qubic platform, introducing the uPoW consensus mechanism.
Integration of AI training capabilities, allowing the network to support decentralized AI computations.