Hello, meet again with me Samuraijin, I will write an article about the crypto project called QUUBE. For more details, I will discuss it below
The world is changing fast. New technologies that exist only in the imagination of fantasy writers are cutting our lives. The era of computers began less than 80 years ago, and today in almost every family there are several processor devices that are much faster than the first multi-stage computer. The tool is associated with the creation of local and global networks, demonstrating extraordinary capabilities of data collection and processing, achieving a level of comfort that was previously unavailable to users.
In 1965, Intel co-founder Gordon Moore noticed that computer performance doubles every two years. Such an interesting relationship is called the "Moore's Law." This law was adopted before 2011 in the traditional computer industry to become the dominant technical challenge for all market participants. In 2011, the computer manufacturing industry faced a physical constraint problem. Synchronous operation of the processor with a large number of transistors cannot be guaranteed.
Market Review
Cryptocurrency exchange is a platform on which cryptocurrency market participants can buy and sell their cryptocurrencies at a specific rate. Cryptocurrency exchanges are suitable for trading, because exchanges can benefit from currency fluctuations. Cryptocurrency volatility is much higher than fluctuations in the stock market, so traders have the opportunity to make big profits in a short period of time several times higher.
Traders, miners, investors and other people who need to exchange fiat currencies use cryptocurrencies and, conversely, exchange cryptocurrencies either for profit, or for exchanging their funds for the required stream (fiat or crypto).
Problem
Refers to state regulations. In the near future, all existing digital currency exchanges will have to comply with the requirements proposed by the FATF (Financial Action Task Force). Today's requirements for digital currency exchange features are optional. They mainly include registration of new members and reporting of suspicious transactions on the platform. Some governments define cryptocurrency exchanges.
The US legal system requires the following requirements:
- Users must be identified.
- Cryptocurrency exchanges must inform the government of transactions in excess of $ 10,000.
- Information about transactions must be kept by the exchange. The researchers used statistics, according to which, in 2017, the cryptocurrency exchange earned $ 1.8 billion on transactions with cryptocurrencies. This profit includes only costs.
- Cryptocurrency exchanges should inform the government of suspicious transactions.
- The government has the right to confiscate fiat and cryptocurrency assets that should have been obtained illegally.
- A user who buys or sells more than $ 3,000 must be verified.
Today’s solution to tomorrow’s problem
In an era of rapid technological progress, practical benefits are crucial. The idea underlying the ambitious project for the post-quantum era was born after realizing the potential threats and impacts of the power of quantum computing, which posed a real threat to the global world of blockchain technology. QUUBE Exchange was created from the very beginning to counter the dangers that DLT poses in the future.
Convincing safety measures require a lot of work. As the pace of progress continues to grow, disaster prevention efforts are becoming very popular. QUUBE released the first test version of the blockchain, which is resistant to counterattacks in 2018 and since then has never stopped research aimed at making cryptographic spaces more secure and reliable.
QUUBE product
The main products of the project:
- Quantum-resistant QRP blockchain designed for the STO market. Quantum Cryptocurrency Exchange QUUBE
- STO / IEO Launcher
- Biznes model': 14/5000
Business model
Project Future users pay for services that they will now have to use for the next five years.
KUBEV It is expected that the cryptocurrency exchange will enter the new large STO market, which, apparently, is one of the largest asset and cryptocurrency tokens with an annual profit of more than $ 1 billion.
QUUBE Launchpad allows you to create security tokens and raise funds for transforming projects, motivated in turn by the cost of success.
Quantum-resistant blockchain is designed to record all activity and trade magazines, including information about the user's balance. QRP tokens must be used for reservations in order to offer public safety offers and provide access to STO / IEO campaigns.
Typology and principles of the main crypto wallet
Crypto Wallet can be considered as a program developed for key management, which is a multifunctional application that provides various additional services and technical features. Its function goes beyond a simple cryptocurrency storage space. All cryptocurrencies can be divided into groups according to various criteria: security level, cryptocurrency storage features, number of available cryptocurrencies, etc.
The main types of cryptographic wallets:
“Cold Crypto Wallet”. This type of “cold” cryptocurrency storage is currently considered the safest way to store. Two types of wallets are shown there:
Hardware wallet (Ledger, Trezor, KeepKey, Cool Wallet, Digital Box). These tools provide local private keys that generate the ability to transfer them anywhere. The protected chip is specifically used to protect the system from tearing and viruses. Transactions are confirmed by a PIN code and a special mnemonic phrase is generated to restore access to the wallet.
Crypto paper wallet. This is an open bitcoin address and a private key printed in the form of a QR code and a combination of numbers and letters. The wallet is made by special services (bitaddress.org).
Local wallet. A secure cryptocurrency storage method that gives users full control over their assets, as private keys are created and stored on the user's local device.
Cryptocurrency wallet structure
The total number of cryptocurrencies for one cryptocurrency has reached 28.2 million (at the time of writing).
At the same time, the number of users of cryptocurrency wallets is less than the number of cryptocurrency wallets themselves. According to research, more than 70% of existing cryptocurrencies are not used (there is a loss of access to assets stored in cryptocurrencies). Meanwhile, many owners of crypto assets have several crypto wallets of various types and, in addition, there are crypto wallets for storing other digital assets.
Factors of the benefits of cryptocurrency exchange:
Transaction fee
Order of QRP STO / IEO service tokens
Launchpad Success Costs
QRP Token Summary:
QRP tokens are selected for the initial bet. The marker is planned to be launched according to the ERC-20 standard using the Ethereum blockchain. The QRP token has a token function that is used for stock lotteries provided for STO / IEO services. There will be no other way besides the QRP token.
Token Price: $ 0.5
QRP token launch planned: 250 million s
Fuel for service stations / IEO: useful type
There is no blocking period
For sale on the QRP platform: 175’000’000
Date: September 2019
Tokenomik
The ICO is expected to raise investor funds to launch the STO / IEO campaign. The stored token is blocked during the evaluation and promotion period until the distribution date. A rate is required for all tokens, including supported assets or non-assets. The minimum bid is $ 1,500, which is 0.3% of the minimum capital equivalent to $ 500,000 that is allowed to be offered.
70%: STO / ICO-IEO platform services
20%: marketing
10%: team
If you want to know more about the QUUBE project you can visit the link below, Enough for my writing this time which only discusses some important points of this project, for more information please visit the link below
Website: https://quube.exchange
WhitePaper: https://quube.exchange/static/assets/docs/Whitepaper-QUUBE.pdf
Telegram Group: https://t.me/QuantumWarriors
Steemit: https://steemit.com/@quube-exchange
LinkedIn: https://www.linkedin.com/company/quubesecurityexchange
Facebook: https://facebook.com/QuubeQuantum
Instagram: https://instagram.com/quube_exchange
Twitter: https://twitter.com/quube_exchange
Medium: https://medium.com/quubee-exchange
GitHub: https://github.com/Quube-Exchange-2019
Bitcointalk username: samuraijin
Bitcointalk link profile: https://bitcointalk.org/index.php?action=profile;u=905398
Wallet Address: 0x3f9bb3679f1B71F22d823992078244C87EF4D455
Gmail: damaradony858@gmail.com
Telegram: @Samuraijin80
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