ACADEMY
MODULE 2
LESSON 1
What Is Qubic
Qubic is not a blockchain. It’s a tickchain protocol (more on that later) designed to handle four things:
1
Sending value
2
Running applications and smart contracts
3
Performing useful AI computation
4
Creating AGI through decentralised computing power
Most blockchains charge gas for every interaction. Qubic doesn't. You don’t need QUBIC coins to send QUBIC coins.
Instead, Qubic replaces traditional mining with something called Useful Proof of Work (UPoW). Miners perform find solutions to real computational tasks and their output gets validated by a group of nodes called Computors.