QWERTYCOIN

 

QWERTYCOIN - a private coin based on QwertyNote

QWERTYCOIN is a digital cryptocurrency designed for everyday use. QWC supports simple CPU / GPU mining operations and masternode mining. For users to access QWERTYCOIN on different platforms, desktop, web and mobile wallets are provided.

FEATURES

Anonymous, disconnected and untracked transactions - powered by CryptoNote V2.0 technology on a decentralized network.

Egalitarian Proof of Work (EPoW) - PoW consensus protected from manipulation with the difficult CIMA + CLIFF algorithm.

Egalitarian Proof of Stake (EPoS) is a hybrid PoS and dPoS consensus.

Egalitarian Proof of Service (EPoSe) is the ultimate consensus combining EPoW and EPoS.

Reserve Requirements System - Development fees and donations collected over time will be kept by the QWERTYCOIN Foundation.

No pre-mining - community owned system and transparent development and operations.

Free Master Nodes - There is no mandatory minimum coin obligation to run masternodes.

Free Community Faucet - Free QWCs every 24 hours with donations from the computer.

Transparent Operations and Management - All accounts managed by computer funds can be tracked using tracking keys.

 SPECIFICATIONS

 Total supply of coins: 184.47 billion

Current block time: 120 seconds -> 20 seconds

Time for transaction hashes: instant (<4 seconds)

Main design: CryptoNote V2.0 - forked from Bytecoin, Monero + Karbowanek + Digitalnote and Qwertycoin V1.0

FINAL OBJECTIVES OF THE PROJECT

Development of user-friendly wallet software for desktops / mobile devices, internet and mobile phones.

Q-Life app with chat + wallet + crypto exchange + store search

Reliable network (blockchain split <50 PPM) with blockchain / network monitoring tool for all users

Network Explorer feature that allows you to track over 1 million blockchain users.

E-Commerce / Woo-Commerce Integration + Local Stores as Fiat Exchange

Team

This section provides information about the members and members of the QWC core team. This section should be reviewed periodically and the previous core team members and significant contributors will also remain.

Core team

Name

Role in the QWC team

Alex (nnian)

Chief developer

Jason (Xecute)

Chief architect and financier

Jeff lee

IT and infrastructure

Marc (ExploShot)

Head of Development and Mobile Devices

Michael (ghost1x)

Community manager and designer

Dennis (axecrypt)

Exchange manager

Community managers

Name

Role in the QWC team

Michael (ghost1x)

German Community Manager

Gauzz

Korean Community Manager

Lomelicus

Turkish Community Manager

Qwertycoin is an open source project for creating a decentralized digital asset like bitcoin. QWC is based on CryptoNote V2.0 technology. No one owns or controls Qwertycoin other than users. QWC enables anonymous and unreliable peer-to-peer transactions using an honest PoW mining algorithm and implements EPoSe, a new consensus algorithm concept exclusive to QWC.

Qwertycoin transactions are safe, secure, untraceable, unrelated and your privacy is protected. Mathematics protects the QWC network and empowers people to control their finances and information.

The Qwertycoin (QWC) team foresees that the future of finance is based on distributed ledger technology - blockchain. Unlike tracked bitcoin, the QWC developers applied CryptoNote V2.0 technology, which has been verified to ensure the anonymity of users of previous generations of cryptocurrencies.

Everyone is free to join the entire QWC network and use its services at a low cost. However, QWC requires a central authority to develop and manage the QWC network and blockchain. Community participation and donations are required to continue development.

The QWC team operates with a unanimous consensus of transparent governance for all of its members.

Egalitarian Proof of Work (EPoW)

QWC introduces Egalitarian Proof of Work (EPoW) to protect the blockchain from known majority and double spending attacks. This is also the first step towards EPoSe consensus. The core team discovered fundamental flaws in the original CryptoNote Proof of Work as it allowed miners, especially influential miner groups, to get more coins. In addition, the sophisticated algorithm (DA) has not been carefully designed to cover the many different cases that have changed since the release of the CryptoNote whitepaper.

EPoW from QWC significantly improves Byzantine Fault Tolerance in PoW consensus.

The EPoW reward algorithm is designed in such a way that any fake extra time sent by an attacker is more likely to be penalized for every second compared to issuing a new block with the shortest timestamp for the next block.

We just put it that way; don't be fooled by mining and you will get the maximum reward you deserve.

Egalitarian proof of stake (EPoS) - hybrid PoS / dPoS

The core group will update this section as new EPoS ideas emerge. For now, you can be confident that EPoS will be a hybrid form of Proof of Stake (PoS) / Delegated Proof of Stake (dPoS).

PoW and PoS have a lot in common in the structure of their ecosystem. For example, there are two distinct groups in the PoW ecosystem; solo miners and pools with miners.

Miners can choose how to mine based on their hashrate.

Group A) For a miner with a high hash rate, solo mining is the best option.

Group B) Miners with lower hash rates are more likely to find a block when they collectively collect their hash rates to find blocks in pools.

There will be two groups of participants in PoS, such as PoW.

Group A) Persons with enough coins can start a betting masternode.

Group B) Individuals who do not have enough coins to run a staking masternode who wish to delegate their staking to a specific node. The purpose of this delegation is to jointly designate a master node with enough stakes to attain masternode status, similar to how a pool can find a block through the group effort of smaller miners.

Part of the QWC PoS implementation will have a similar stake and reward system as other PoS coins. The dPoS implementation will allow pool bets for those who do not have enough coins to run a single bet node. This feature will provide an opportunity to have a representative for minority shares in the EPoS ecosystem.

Official links:

Github source code: https://github.com/qwertycoin-org

Bitcointalk.org: https://bitcointalk.org/index.php?topic=2881418.0

Web Wallet: https://myqwertycoin.com

Telegram: https://t.me/qwertycoin

Facebook: https://www.facebook.com/Qwertycoin-422694361519282/

Discord: https://discord.gg/U5amwCs

Twitter: https://twitter.com/Qwertycoin_QWC

Reddit: https://www.reddit.com/r/QWERTYCOIN/

Medium: https://medium.com/qwertycoin

AUTHOR:

Username: warulor540 My Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=2804131