QIE Blockchain (QIE)
Rank #795
Market snapshot
- Price
- $0.154768
- Market cap
- $13.1M
- 24h volume
- $43,428.92
- Circulating supply
- 84,369,093
- Total supply
- 84,369,093
- Max supply
- 150,000,565
What is QIE Blockchain?
QIE Blockchain serves as an operating system for decentralized applications, integrating speed, utility, and governance into its structure. It combines high-performance Layer 1 infrastructure with features like QIE Pass, which allows for a single ID across various crypto payments and platforms, facilitating seamless onboarding across Web3.
How QIE Blockchain works
QIE Blockchain operates on a decentralized network where anyone meeting minimum staking requirements can run a node, contributing to network security while earning rewards. It processes over 25,000 transactions per second (TPS) with near-instant finality. Validators receive rewards every 24 hours for their contributions. The transition from Proof of Work (PoW) to Delegated Proof of Stake (dPoS) enhances efficiency and reduces energy consumption. The on-chain governance layer empowers token holders to propose and vote on protocol changes, ensuring community-driven evolution.
Key information
- Symbol
- QIE
- CMC rank
- #795
- Network / platforms
- N/A
- Categories
- N/A
- Date added
- Sep 28, 2022
Key characteristics
QIE Blockchain is characterized by its developer-friendly environment, offering comprehensive tools and resources for building and deploying applications. It features native inter-blockchain communication (IBC) connectivity, low fees, and fast block times, which facilitate the development of cross-chain DeFi applications. The platform also supports customizable governance modules and chain-level MEV protection, enhancing its composability and sustainability.
Documented uses
QIE is not just a payment system but an operating system for dApps, combining speed, utility, and governance.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is QIE Blockchain?
- QIE Blockchain is a Layer 1 blockchain designed for speed, scalability, and security, serving as an operating system for decentralized applications.
- How does QIE Blockchain operate?
- QIE Blockchain operates on a decentralized network where anyone can run a node, contributing to network security and earning rewards. It processes over 25,000 transactions per second with near-instant finality.
- What are the key technical features of QIE Blockchain?
- QIE Blockchain offers developer-friendly tools, low fees, fast block times, and customizable governance modules, enhancing its usability for DApps.
- What are the risks associated with using QIE Blockchain?
- Users should be aware of digital asset volatility, the importance of secure private-key handling, and the risks associated with centralized platforms.
- Where can I find official resources for QIE Blockchain?
- Official resources for QIE Blockchain, including documentation and updates, can be found at the official website: https://www.qie.digital.
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