2018 is the year of crypto for as Far as I’m concerned. It allows a lot of users to participate and invest in blockchain technology. Cube Chain was introduced in order to solve the lapses of the 1st generation crypto like Bitcoin, Ethereum, and Litecoin. Cube Chain allows our user to utilize Artificial Intelligence and Database or Datacenter to get real contracts. Cube Chain is a chat-bot service and has it’s own messenger like feature. You can use the (QUB) token in order to buy and sell goods and services. The platform also allows you to have P2P transactions real-time.
Cube Chain uses POH (Proof of Hybrid) compensation method to reduce the problem of the increase of difficulty due to loads of network resource waste and much-overheating competition of existing POW system.
What are the Features of Cube Chain?
There are four features of Cube Chain, the first one is Cubing, Special Blocks, Parallel Features and POH (Proof of Hybrid).
In cubing technology the blocks are collected into one cube and at the same time, a data block will be created simultaneously. In this feature, this is a new technology that hasn’t been used by the older blockchain. I believe that this will be one of the most awaited features for the next upcoming bitcoin.
Special blocks are then divided into three, Indexing Blocks, Statistics Blocks, and Escrow
At indexing blocks, it helps you locate and organize data rapidly, so you can be able to create a specified transaction in a wallet. In Statistics blocks, it gives you the idea on how much data are processed and can be processed on that transaction. While on Escrow Block Secures the transactions without any third party software involved. It is done by adjusting the process of senders and receiver using encrypted keys.
Last but not the least feature is the Proof Of Hybrid or POH.
This feature is an interesting one and Will be one of the most sought-after technology for blockchain. Why? Because we all know that Ethereum, BTC, uses POW or Proof of Work to reward miners and wastes a lot of energy and power consumption. In Cube chain, there is a combination of Proof of Stake and Proof of Work to reward miners. The POW and POS ratios start at 7: 3, increasing the POS rate over time and eventually keeping it at POS only.
Initial Coin Offering Details
|Price||1 ETH = 8000 QUB|
|Accepting||BTC, ETH, USD|
|Minimum investment ||0.1 ETH|
The 1st round of Crowdfunding of Cube Chain Starts at 10 am (UTC+8) May 10, 2018 – June 15th. While the 2nd round will be June 20 – June 30. There will be a total of 12 Billion tokens to be created.
Do you Recommend Investing in Cube Chain (QUB)?
Cube chain is a good project with an amazing team. Most of the team members graduated with Computer Engineering courses, Meaning they all know they will tackle the formation of their blockchain ecosystem. I believe this project will be one of the best ICO in 2018 to look for.
Telegram Web Address: https://t.me/cubechain
Facebook Address: https://www.facebook.com/cubechain
BountyHive username: smartuser