XT.COM-listed QI Blockchain (QIE) trades in its innovation zone
SINGAPORE, 14 October 2022 /PRNewswire/ — XT.COM has listed QI Blockchain(QIE) in the Innovation Zone and the trading pair QIE/USDT has opened for trading on 2022-9-22 13:00 (UTC).
About QIE Coin
QIE Coin is the native cryptocurrency by Qi Blockchain and is designed for finance with low transaction fees and real-time execution. Two QIE coins are minted per block as the QI Blockchain uses PoW consensus. PoW mining difficulty for QIE coins will increase over time until the mining reward reaches as low as 0.02 QIE per block. There is a limited number of only 150,000,000 Qi coins and the transaction fees remain almost zero, ensuring a futuristic and feasible way to trade. These coins will be minted over the next hundred years.
About QI Blockchain
Qi Blockchain is a decentralized POW (Proof of work) blockchain. Qi is capable of handling 300 times more transactions per second than Bitcoin and 10 times more than SWIFT. The blockchain is designed for economic purposes as it includes low fees and real-time execution while being designed to handle metaverse, DeFi dapps and all other web3 applications. Qi can be used to leverage multiple functions to create fungible and not-fungible assets that use Remote Procedure Call (RPC) methods.
Qi, pronounced Chi, translates as “vital life force”, but Qi goes beyond the simple translation. According to classical Chinese philosophy, Qi is the force that constitutes and binds together all things in the universe. It is, paradoxically enough, both everything and nothing.
Qi blockchain is scalable, therefore some companies are already using it as the primary payment method for several fully developed I-store apps with real use cases. Qi also enables the deployment of smart contracts and decentralized applications (dApps) that can be built and run without downtime, fraud, control or interference from a third party.
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About XT.COM
By consistently expanding its ecosystem, XT.COM is dedicated to providing users with the most secure, reliable and hassle-free digital asset trading services. Our exchange is built on a desire to give everyone access to digital assets wherever you are.
Founded in 2018, XT.COM now serves more than 6 million registered users, over 500,000+ monthly active users and 40+ million users in the ecosystem. Covering a rich variety of trading categories along with an NFT aggregated marketplace, our platform strives to cater to its large user base by offering a safe, reliable and intuitive trading experience.
As the world’s first social-infused trading platform for digital assets, XT.COM also supports social network platform-based transactions to make our crypto services more accessible to users worldwide. Furthermore, to ensure optimal data integrity and security, we see user security as our top priority at XT.COM.
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SOURCE XT.com
