- #9216
Qitchain Network QTC
QTC Price
Market Cap
--Rank #9216FDV
$5.14 MRank #4353Investors
X Followers
X Performance
--Rank by X N/A- 0
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Detailed Performance
QTC shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
QTC to USD Converter
Price History
- All-Time High
- $11.34231.57x to ATH
- All-Time Low
- $0.023582.08x to ATL
- Trade Launch Date
- 24 Feb, 2022
1031 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $90,480.00
- Tokens Sold
- 8,000.00 QTC
About QTC
Qitchain Network is a retrieval ecosystem that allows businesses to securely store, track, and manage their digital assets. It provides a platform for businesses to easily store and manage their digital assets, making it convenient to access them when needed.
What makes Qitchain Network unique?
Qitchain Network has some unique features that set it apart from other cryptocurrencies. One of the key differences is its consensus mechanism. Instead of mining, Qitchain Network uses the CPOC consensus mechanism, which relies on the participation of storage service providers. These providers have a cost to participate in network maintenance, making it more difficult for network attacks to occur. This increases the overall security of the network.
Additionally, Qitchain Network utilizes hard disk storage space to distribute computing power and prevent centralization. The network writes the results of each collision to the hard disk through pre-calculation, allowing any cryptocurrency enthusiast with a large enough hard disk and sufficient "answers" to participate in the block production process. This eliminates the need for excessive repetition and encourages wider participation.
Furthermore, Qitchain Network does not have an inflation rate, as there is no mining involved. This means that transactions can occur faster and users do not need to possess a large amount of coins.
Overall, Qitchain Network's unique combination of consensus mechanism, distributed computing power, and absence of mining sets it apart from other cryptocurrencies, providing enhanced security and efficiency.
Live Qitchain Network Price Data
The current price of Qitchain Network (QTC) is approximately $0.04897, reflecting a increase of 1.56% in the last 24 hours. The QTC trading volume in the last 24 hours stands at $812.72.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Qitchain Network's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on QTC, check out our crypto insights page.
Official Links
QTC to USD Converter
Price History
- All-Time High
- $11.34231.57x to ATH
- All-Time Low
- $0.023582.08x to ATL
- Trade Launch Date
- 24 Feb, 2022
1031 days ago
Fundraising
See more- ICO Price
- --
- Funds Raised
- $90,480.00
- Tokens Sold
- 8,000.00 QTC