Qubic, an artificial intelligence (AI) cryptocurrency, has been listed on the MEXC centralized cryptocurrency exchange, and its development team has announced an updated roadmap for the year.
MEXC is the 11th largest cryptocurrency exchange by trading volume, according to CoinMarketCap data. As of July 17, the exchange had a 24-hour trading volume of $1.77 billion.
Qubic claims to be the world’s first “useful proof-of-work” (PoW) blockchain, meaning that PoW computation has other uses beyond network security. Qubic’s PoW computation is also used for machine learning training tasks on the Aigarth platform. Eric Fung, Qubic’s head of growth for APAC, said:
We are excited to partner with MEXC for the token listing, which will provide greater accessibility and visibility to our community on a global scale. This listing is an important step in expanding the ecosystem and driving adoption.
Aigarth is a project of Qubic Network that combines AI and distributed computing. It allows users to contribute computing power to solve AI problems using special evolutionary algorithms based on Helix logic gates. The project is still under development and aims to create a swarm system for handling complex AI tasks.
Qubic’s roadmap is primarily focused on three areas: community development, grants, and achieving listing on major cryptocurrency exchanges. Overall, the team plans to release wallets for iOS, Android, Windows, and macOS, as well as integrate with existing wallets such as Hashwallet, Heat, and Metamask.
The development team also promised better documentation, improved network performance, and a new reward system implementation. The plan also includes conducting a security audit and mentioning new features such as lightweight nodes and oracle machines.
In the context of blockchain, an oracle is a system that provides external data to the blockchain network. These services act as a bridge between the blockchain and the outside world, allowing smart contracts and users to access and respond to real-world data and events in transactions.
The team also pledged to publish academic papers on Qubic AI. The roadmap focuses specifically on the financial health and long-term success of the ecosystem through sustainable funding, organizational improvements, strategic hiring, and increased transparency in reporting. The developers aim to reach a stable tick time of 1-2 seconds.
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