14th Qubic Core Services Bi-Weekly Update

Welcome to another edition of the Qubic Core Services Bi-Weekly Update. These updates cover recent developments and ongoing initiatives across the Qubic ecosystem. Here’s everything you need to know from the past two weeks:

1. Ecosystem

Exchanges

• US Licensed T2 Exchange:

  • Delivery delays have pushed the integration timeline to April-May.

  • The exchange will return 70% of the funds until integration completion.

• T1 Exchanges:

  • Discussions and negotiations continue.

  • Special thanks to community members who have facilitated connections with key decision-makers. We anticipate a better position for T1 listing within a month.

The Qubic Grants Program

We’re excited to announce the approval of Batch 2 grants, empowering vital projects in our ecosystem.

Batch 2 Approved Grants:

• Custodial and Wallet Services: Onyze

• QEarn dApp

• Qatum Protocol

• Min QX

• Qdashboard

• Qubic-ETP

• Rust-utils

• Qubic Tools

Batch 1 Progress

75% of Batch 1 grants have been completed, with 25% still ongoing, ensuring continued development and support for essential projects.

Unfortunately, QFront has been postponed until necessary components - such as node-management tools - are further developed.

QCapital Success

• February Fundraising: Sold out in 3 days, leading to the IPO acquisition of 85 MSvault shares.

• MLM Auction: A massive success, raising 8.3 billion QUBIC, with 1 billion donated to QCap shareholders.

• Mining Rig Acquisitions: Enhanced revenues by approximately 100 million Qu’s per epoch.

• Community Support: Nearly 3 billion QUBIC raised by the community to offset a QCap member’s loss from theft.

Onyze: Custodial Wallet Solutions

Onyze offers regulated custodial wallet solutions that integrate seamlessly with blockchain projects.

• Custodial Connect: Enables secure digital asset custody with full regulatory compliance.

• Wallets Management: Supports NFT, Web3, and tokenization projects.

• Capital Markets: Securely manages private keys and token releases, ensuring smooth blockchain asset management.

Qubic ETF Development

• Partnership with 21Shares, one of the leading providers of crypto-based Exchange Traded Products (ETPs).

• Development Phases:

  • Passive investment strategy development.

  • Exchange listing procedures.

  • SEC and EU compliance.

  • Market preparation.

• Qubic aims to integrate its ecosystem within mainstream investment products, expanding adoption.

Incubation Program

Qubic Connect

Qubic Connect is evolving as a vital infrastructure layer to improve blockchain interoperability.

Key Updates:

• Initial Setup & Documentation:

  • Project structure finalised.

  • Swagger documentation reviewed.

  • Completed full documentation audit.

• Infrastructure Development:

  • Implemented RPC endpoints.

  • Built RPC service for endpoint handling.

• Core Framework:

  • Enhanced Qubic class with API version support.

  • Implemented transaction and identity functions.

  • Developed smart contract logging mechanisms.

• Additional Components:

  • MetaMask Snap integration under development.

Development Highlights:

• Chain Class Module: Implemented comprehensive unit tests and function calls.

• Identity Class Module: Secure identity verification and key generation.

• Transaction Module: Optimised transaction validation and broadcasting.

• Demo Screenshots: Demonstrations of key functionalities, including identity verification, balance retrieval, and tick data access.

2. Marketing

Qubic’s marketing initiatives continue to gain traction across multiple platforms.

YouTube Growth:

• 4,018 subscribers (+222 in the last 28 days).

• 7,500 views and 252.8 watch hours over the past month.

• Top-performing videos:

  • "The People's Network" (312 views in 48 hours).

  • "Q1 Roadmap Ecosystem" (29 views in 48 hours).

3. Madrid Hackathon Preparations

Excitement builds for the Madrid Hackathon, supported by sponsors like Alastria, Comunidad Madrid, Telefonica 42, Tritemius, Onyze, Merge, and Skillers Academy.

• Urgent tasks in preparation:

  • Documentation

  • Testnet readiness

  • Defining challenges

  • Close collaboration with Marketing

A call to developers has been issued to encourage maximum participation.

4. Qubic Core Technology Updates

Highlights

• Mainnet Speed: Increased to ~1.4/tick in EP148.

• Tick Processing: Over 400,000 ticks processed per epoch.

• MSVAULT SC IPO: Successfully completed.

• Wallet Connect Beta: Now available for iOS and Android.

• Coding Guidelines: Established a solid base.

Development Updates (Core)

• Enhanced Qubic Programming Interface (QPI).

• Testing underway for Outsourced Computing.

• Docker utilisation for local Qubic testnet setup.

• Benchmarking functionality added to Qutil SC.

• Optimised Qubic CLI and improved tick processing speeds.

Development Updates (Integration)

• Prototype created for long-term archive solution.

• Improved service monitoring.

• Optimised tick validation requests to go-archiver.

• Development progressing on RPC/API V2 architecture.

Thank You

Thank you for your continued support. Join our next AMA session or engage directly on our community channels to join the discussions.

• Discord

• Telegram

WHAT IS QCS?

QCS, formerly known as SteCo, is the governance body of Qubic, elected by the Quorum to ensure network security and streamline activities that drive Qubic’s growth. Our mission is to pioneer advancements in the blockchain and AI domains. We look forward to your participation in our upcoming AMA sessions and to sharing more exciting developments with you.