WHAT IS QWERTYCOIN?
Qwertycoinis a decentralized peer to peer protocol for safe payment and communication worldwide. Qwertycoin is a “real decentralized community Cryptocurrency”, a “decentralized digital asset” like Bitcoin. “Nobody owns or controls Qwertycoin”.QWERTYCOIN is a digital cryptocurrency designed for everyday use. QWC supports simple CPU / GPU mining operations and masternode mining. For users to access QWERTYCOIN on different platforms, desktop, web and mobile wallets are provided. It is based on CryptoNote Technology V2.0. Nobody owns or controls Qwertycoin except its users. It allows anonymous and trustless peer to peer transactions through a fair PoW mining algorithm and will implement EPoSe, a new consensus algorithm concept exclusive to QWC.
SOME OTHER FEATURE
Open-Source Platform: Qwertycoin is a “decentralized” currency based on an “Open-Source” CryptoNote “Platform”. Everyone can build and participate.
Decentralized Community: Qwertycoin is “not” a private company funded through an ICO or pre-mining. Development is supported by its own “Community”.
Democracy and Privacy: Members can participate in important “community decisions” via voting. Qwertycoin is totally “untraceable
and anonymous”.
FUTURE PLAN
Qwertycoin (QWC) team envisions the future of finance relies on distributed ledger technology, the blockchain. Unlike traceable bitcoin, QWC developers applied CryptoNote Technology V2.0, which has been verified to provide anonymity of users from the earlier generations of cryptocurrencies.
Everyone is free to join all QWC network and use its services at a low cost. However, QWC requires a central authority for the development and the management of QWC network and blockchain. Community engagements and donations are necessary to keep the development moving forward.
QWC team operates under the unanimous consensus of transparent management for all its members.
EXCHANGES
- Crex24/Estonia – Funded by QWC Team [BTC]
- BitexLIVE/Turkey – Funded by QWC Team [USDT]
- Fedlio/Singapore or Seychelles – Funded by QWC Team [ETH / BCHABC / DASH] – Warning for withdrawal issues!
- Bisq/Decentralized – Promoted by QWC Team [BTC] – Requires Activation Cost.
- Bituan/China – Promoted by QWC Chinese Community [USDT]
- Citex/Korea – Promoted by QWC Chinese Community [BTC / ETH]
- QBTC/China – Promoted by QWC Chinese Community [CNYT]
- Tyche/Unknown – Promoted by QWC Team [ETH / USDT / DOGE / TEX]
- Altilly/HK – Funded by QWC Team [BTC / ETH / DOGE / XQR]
- BKEX/ – Promoted by QWC Chinese Community [BTC / ETH]
- Becoin/ – Promoted by QWC Chinese Community [BTC / ETH]
QWC community members should be aware that the listing contract can be nullified if there is not enough trading volume.
EPoW
QWC introduces Egalitarian Proof of Work (EPoW) for the first time in blockchain space for protecting the blockchain from the well-known majority attacks and double-spending. This is also the first step towards EPoSe consensus.
The core team found fundamental flaws in the original CryptoNote Proof of Work because it allowed miners, especially influential groups of miners, to get more coins. Also, difficulty algorithm (DA) was not carefully designed to cover many different cases that changed since CryptoNote whitepaper was released.
QWC's EPoW greatly improves Byzantine Fault Tolerance in PoW consensus.
EPoW reward algorithm is designed so that any forged extra time posted by a malicious actor is rather penalized for every second compared to issuing a new block with the shortest timestamp for the next block. There are simply no incentives for malicious actors to do this.
We will simply state it this way; don't cheat on mining and you will get the maximum rewards you deserve.
QWC introduces a new block reward algorithm that utilizes a time-based factor called 'consistency'. This factor is multiplied to a standard CryptoNote(CN) block reward equation in order to adjust block rewards.
The block time between two adjacent blocks by default is 120 seconds.
If miners find a block less than 120 seconds, the value consistency is less than 1. If miners find a block after 120 seconds, the value of consistency is greater than 1. If miners find a block at 120 seconds, the value of consistency is 1.
The value of consistency can change between 0.08 to a maximum of 2.00.
Now, let's take a look at how rewards change with Consistency under EPoW.
As with any other blockchain technologies, QWC block height will increase over time, which also results in the blockchain data file growing continuously in a linear trend. With a block time of 120 seconds and 1 MB block size, QWC blockchain size can potentially increase close to 4 TB at a 99.95% QWC circulation rate. Even after considering the storage capacity of the consumer PC market is currently averaged at 500GB, the size of full blockchain data can be a problem for new users of QWC blockchain.
Eventually, the users of desktop wallet software are expected to connect their wallet software through remote nodes to reduce the percentage of their local hardware resource usage, while having an option to download the complete QWC blockchain data and sync in their local computers.
FEATURES
Anonymous, Unlinkable and Untraceable Transactions - Based on CryptoNote V2.0 Technology over a decentralized network.
Egalitarian Proof of Work (EPoW) – Manipulation proof PoW consensus with CIMA + CLIFF difficulty algorithm. First in the world.
Egalitarian Proof of Stake (EPoS) – Hybrid PoS and dPoS consensus.
Egalitarian Proof of Service (EPoSe) – Ultimate consensus combining EPoW and EPoS.
Reserve Requirement System - Development fees and donations collected over time will be stored in QWERTYCOIN Foundation.
No Pre-mining - Community owned system and transparent developments and operations.
Free Master Nodes - No mandatory minimum coin commitment to run Master Nodes.
Free Community Faucet – Free QWC every 24 hours from community donations.
Transparent Operations and Management – All accounts run by community funds can be monitored using tracking keys.
If you want to find out more information about this project, see the link below:
Website: https://qwertycoin.org/
Webwallet: https://myqwertycoin.com
Bitcointalk.org: https://bitcointalk.org/index.php?topic=2881418.0
Telegram: https://t.me/qwertycoin
Facebook: https://www.facebook.com/Qwertycoin-422694361519 282 /
Discord: https://discord.gg/U5amwCs
Twitter: https://twitter.com/Qwertycoin_QWC
Reddit: https://www.reddit.com/r/QWERTYCOIN/
Media: https://medium.com/qwertycoin
E-mail: [email protected]
Username: Bidadari_surga
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1011291
Wallet Address: QWC1SyvqZ6fPLfSK9AEZ54hMTnSdN9kof4PyQWHYEGLrKTh4RuM6ZzM9izvf15xgPUapVaRjPE4L4ZB59DDxSADN7bj3taYVV1