What is Q (q is the standard code)?
What is Q? According to official news, Q (QuarkChain) is the third blockchain pr
What is Q? According to official news, Q (QuarkChain) is the third blockchain project after Bitcoin, and its core is “computation”, which has been widely used in the field of computing. But what is Q? How does it work? It has three basic concepts like Bitcoin: readability, timestamp, and immutability features, etc.
In simple terms, we can say that “Q” is a string used to record the entire transaction process. Q refers to the process of generating a set of digital content through logarithmic representation, which includes information such as data input, output, and changes in hash values.
What is the standard code for q?
The most attention is currently given to the standard code for Bitcoin, which is called q. What is it? Is q a digital asset?
Q is a technical component behind the Q protocol. It has no connection with X and Y. However, the token of this standard has its use case because it is a cryptocurrency created on the Ethereum blockchain. On the other hand, X represents the conversion between a decentralized network (i.e., “smart contracts”) and real-world assets on the blockchain.
In addition, according to Gartner’s research, although there are some issues, this standard is still very important. Firstly, both projects are open source and permissionless. Secondly, these platforms need to provide users with a secure way to manage their applications. Thirdly, they must have their own governance system and vote to maintain system stability.
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