Qitchain Network (QTC)

Qitchain Network (QTC) is a decentralized search engine platform that aims to transform the search experience in the digital world. It is built on the Qitcoin blockchain, which utilizes IPFS (InterPlanetary File System) technology to create a distributed search network. Qitchain offers an effective data aggregator, allowing users to search the blockchain and access relevant information quickly. The platform also features an advanced and secure decentralized storage system, ensuring user data is encrypted, fragmented, and distributed worldwide.

Qitchain Network is powered by the innovative CPOC (Conditional-Proof of Capacity) consensus mechanism, which enables mining devices in the network to determine mining rights and verify transactions. This mechanism ensures the healthy development of the cryptocurrency by implementing a long-term incentive economic model. With QTC, users can benefit from enhanced accessibility, as the platform leverages the infrastructure services of Web 3.0 to provide a seamless and user-friendly experience. QTC aims to bring value to consumers, businesses, and other entities, propelling the Web 3.0 sector forward.

Qitchain Network has a roadmap that outlines its plans and development milestones. The platform aims to establish itself as an effective information aggregator, building a “Blockchain Google.” It also focuses on developing web 3.0 infrastructure services on the blockchain storage track, achieving light node construction through the consensus layer. Additionally, Qitchain has allocated its token supply as follows: 64% for miners, 16% for staking, 15% for the search lab, and 5% for the Qitcoin Foundation.