An exploration of Qubic’s innovative approach to achieving 40 million transactions per second (TPS) by bypassing traditional blockchain mechanisms.
Points
- Qubic achieves 40 million TPS, bypassing traditional blockchain mechanisms.
- Uses a quorum-based computer (QBC) system for AI networks.
- Eliminates blockchain overheads for enhanced performance.
- Unique architecture and minimalist approach drive its success.
Qubic, the creator of a quorum-based computer (QBC) system for AI networks, has stunned the world with its ability to process 40 million transactions per second (TPS). This achievement is unmatched by any other decentralized network, made possible by Qubic’s departure from traditional blockchain mechanisms.
Beyond The
Blockchain: Not Blocks but “Ticks”
Qubic’s speed is an incredible feat, far surpassing the performance of top blockchains like Solana, Sui, BSC, and Polygon. Instead of using blocks, Qubic employs “ticks,” which occur at regular intervals within weekly epochs. Unlike blockchain blocks, these ticks are not directly linked to one another.
Every Wednesday at noon UTC, a new epoch starts, akin to a “hard fork” in blockchains. The old ‘chain’ essentially dies, replaced by the newly minted one. This process ensures Qubic remains free from the overheads that typically burden blockchain-based networks.
Qubic has no OS
Qubic operates entirely out of RAM, eliminating the need for an operating system. This minimalist approach removes one of the key overheads that restrict blockchain performance. Instant finality is another crucial feature, where all transactions are pruned after an epoch closes, transferring only balance change summaries to the next epoch if there’s a non-zero balance.
What are “Computors” in Qubic?
Qubic is powered by a network of 676 “Computors,” specialized nodes responsible for processing transactions and executing smart contracts. Each transaction requires a quorum of 451 or more Computors (two-thirds) to be in agreement for finalization. An arbitrator ensures honest behavior among Computors, and can be replaced if found acting maliciously.
Qubic follows a minimalist approach
Qubic’s unique architecture is its secret sauce, allowing it to outperform other decentralized networks. By eliminating blockchain baggage like unconfirmed transactions, transaction fees, and mempools, Qubic achieves blazing fast speeds. A constraint ensures that each ID or wallet address can only support one pending transaction at a time, reducing the risk of failed transactions.
Decentralizing AI For Everyone
Qubic integrates AI with blockchain, democratizing AI through its vast computational power and Useful Proof of Work (uPoW) mechanism. This approach enables efficient, scalable, and accessible AI model training.
Conclusion
Qubic’s innovative technology positions it as a leader in decentralized networks, achieving performance levels previously thought impossible. By eliminating traditional blockchain mechanisms, Qubic sets a new standard for speed and efficiency in the crypto world.
解説
- Qubic’s innovative “ticks” system and minimalist approach eliminate blockchain overheads.
- A network of specialized nodes, “Computors,” ensures fast and secure transaction processing.
- Qubic’s integration of AI with blockchain democratizes AI, offering scalable and accessible solutions.
- This breakthrough technology sets a new benchmark for decentralized network performance.