ACADEMY
Feeless & Offline Payments: Transacting Without Limits
What Are Feeless Transactions?
Unlike most blockchains that require users to pay transaction fees, Qubic has completely eliminated transaction fees for sending QUBIC.
How Feeless Transactions Work
No Gas Fees – Unlike Ethereum and Bitcoin, which require fees for every transaction, Qubic allows transactions without any costs.
Powered by Useful Proof of Work (UPoW) – Miners perform meaningful AI-related tasks instead of validating transactions through fees.
Sustainable Economic Model – Computors and miners are rewarded through the network’s reward system rather than charging users fees.
Analogy: Sending Money vs. Sending an Email
Traditional Blockchains: Like sending money through a bank that charges high fees for every transaction.
Qubic: Like sending an email—free, fast, and accessible to everyone.
Why Feeless Transactions Matter
Accessibility – Makes blockchain available to everyone, regardless of financial status.
Micropayments – Enables high-frequency, low-value transactions (ideal for IoT, gaming, and small purchases).
Economic Inclusion – Removes cost barriers, making Qubic a blockchain that anyone can use.
What Are Offline Payments?
Offline payments allow users to send and receive QUBIC even without internet access.
How Do Offline Payments Work?
Bluetooth/NFC Technology – Devices exchange transaction data wirelessly.
Delayed Broadcast – The transaction is stored locally and broadcast to the network once either party reconnects to the internet.
Why Are Offline Payments Important?
Global Accessibility – Perfect for areas with poor or no internet access.
Peer-to-Peer Transfers – Ideal for remote locations, emergency situations, and offline economies.
Expands Blockchain Use Cases – Ensures financial services are available to everyone, even in rural or developing regions.
Real-World Impact
A user in a remote village without internet can still send QUBIC.
Disaster-struck regions where internet is down can still process payments locally.