Quantic RS, an important Brand in the financial markets sector, after numerous successes achieved in recent years, launches its new project through an ICO or better defined Token Sale.
From what we learn, there are a multitude of innovations that Quantic intends to develop in the Blockchain sector with the help of its Full Crypto Exchange and the innovative QEX Coin.
Read this article all the way, we will try to have a look into some interesting details about the project.
Every day we hear about many transaction consensus algorithms on Blockchain networks such as Proof of Work, Proof of Stake or in the world of decentralized finance of the well-known tokenomics.
Have You Ever Heard of the “Proof of Worknomics”?
The innovation engineered by the Quantic developers combines the reliability and decentralization of the Proof of Work (Layer 1) consensus algorithm, with the receipt of an award for holding the coin in perfect Tokenomics style.
So What is the Proof OF Worknomics?
After the advent of Bitcoin and subsequently of Ethereum, there has been a succession of new innovations in the Blockchain, with the aim of each of these new realities to solve the 3 fundamental problems (trilemma):
– Decentralization;
– Scalability;
– Safety.
The focus of many companies in the Crypto sector has always been to solve scalability problems, but by doing so in many cases, decentralization has been lacking.
The Blockchain conceived by Quantic (QEX Coin) definitively solves the trilemma of the Blockchain, obtaining decentralization, scalability and security.
QEX Coin will use an innovative system of multiple increasing Crosschains (based on network needs) and will allow instant transactions and close to zero cost, up to a maximum of 550,000 TP / s, using however a “Proof of Work” system which ensures the total decentralization of the currency.
But this, as you have already understood, is not all!
The QEX Coin revolution consists in combining the benefits of Proof of Work and those of Tokenomics, hence the “Proof of Worknomics”
Proof Of Worknomics: Benefits for Miners and Holders
As you might know, to be a miner you need appropriate hardware and Internet access to be able to compile recent transactions into blocks in order to solve complex mathematical calculations.
The miner is a special node in the network that makes its computing power available for the mining process. You too could become a miner, you just need to download a software from the internet and run it.
Miners have an incentive to do this work because they get a reward for every block they create.
This type of totally safe, effective and decentralized technology, however, overwhelmingly rewards the Miners. The holders of a coin do not receive any reward for their “loyalty”.
QEX Coin solves this problem for those who are loyal to holding the coin. In fact, for each mined block the Miners will be paid exactly as happens in the “Proof of Work” for a percentage of 80% of the total premium on the mined block, but at the same time the remaining 20% of the total pool will also be redistributed to the holders, divided according to the amount of total coins owned by the user.
Each QEX Coin holder will receive a portion of QEX every time a block is mined.
This will allow us to have a coin that completely redesigns what until now were the rules of the blockchain.
A currency capable of guaranteeing scalability, security, decentralization and rewards for those who hold the currency who will have every interest in keeping it jealously in their Wallets in the long term.
QEX Coin is therefore ready to challenge the giants of the new finance, and has all the credentials to be the next Game Changer.
For more information, below the project website https://qntexchange.com/ .