Qwertycoin
About Qwertycoin
Qwertycoin (Ticker: QWC) is a real community cryptocurrency, a decentralized digital asset, like Bitcoin. It is based on CryptoNote Technology V2.0. Nobody owns or controls Qwertycoin. It allows anonymous and trustless peer to peer transactions through a fair ASIC-resistant PoW mining algorithm and will implement EPoSe, a new algorithm concept exclusive to QWC.
Vision
Reliable and easy to use/user-friendly blockchain service
Decentralized development from crowd efforts and funding
Privacy protection for the members of its network
Abundant supply to allow a fair distribution among a large number of members
Some of the main features of Qwertycoin include:
On-chain privacy
On-chain voting
On-chain trading
Genesis Reference Block
Only eight decimal places
Fast transactions
User-centric developers
Encrypted Blockchain Messenger
Easy to mine and fair rewards
Easy to use
Amazing community
Ultimate Project Goal
Development of User-Friendly Wallet Software for Desktop/Mobile Computers, Web and Mobile Phones
Q-Life app with chat + wallet + crypto exchange + store locator
Robust Network (< 50 PPM Blockchain Split) with Blockchain/Network Monitoring Tool for all users
Network Explorer feature that allows monitoring of blockchain
User Population over 1 million
E-Commerce/Woo-Commerce Integration + Local Stores as Fiat Exchange
How to Get Coins [Masternode]: Egalitarian Proof of Service (EPoSe – QWC Original)
Again, the word egalitarian stands for providing equal rights and equal opportunities. It is free to run a QWC masternode since node reward program does not offer a staking option for providing a node. In order for nodes to receive rewards, a node must be configured and used as a remote daemon in wallet software. Based on the number of transactions processed in remote daemon connections, Maximum 10 QWC is rewarded per transaction. [June 29th, 2018]
QWC nodes perform following tasks in the network.
Holding transactions in the memory pool so that a miner can find a block with a group of these transactions
Verifying one-time ring signature of entire blockchain
Validating correct blockchain during a chain split from PoW
Propagating validated blockchain to all daemons running in our network
As QWC develops and brings more traffic to our network, the performance of these nodes will be very critical to our success for following reasons.
When blockchain size increases, it will take more time to synchronize with the network since desktop wallets are mostly not online.
Mobile wallets will always use a remote daemon feature since the data itself is quite
EPoSe is based on the concept of dedication in terms of conformance and performance of nodes to provide node functions to QWC network. It features is a reward program for node operators based on dedicated service time (Uptime).
There are 4 components to make EPoSe work.
Nodes, run by network participants
Sentinel, which checks the status of nodes periodically filters nodes based on conformance and performance criteria
Node Map, which shows geographical information of operating nodes
Network Explorer, which displays the network status of node and detailed information.
Sentinel provides API of online-node information after checking node’s conformation to network requirements and the performance of its hardware and internet speed as well as 24-hour and Uptime measurements to Network Explorer(NE). NE displays information from Sentinel to allow users to select desired nodes while having the ability to check the overall status of each node. The API provided by Sentinel will be available for the selection of remote nodes. There will be several conformance and performance criteria evaluation for nodes of which the data will be identified / measured / stored / analyzed to determine nodes eligible for the rewards of accumulated transaction fees over a set period. Through QWC’s solution towards scalability,
EPoSe reward system has following features:
Rewards: accumulated transaction fees, which has been traditionally awarded to miners, are switched to node operators. Depending on the current operation costs of nodes, this reward scheme will be adjusted when deemed necessary.
Reward Period: 24 hours UTC time
EPoSe algorithm functions just like mining but provides infinite rewards throughout the lifetime of QWC blockchain without causing any inflation.
Exchange Listing and Pricing Strategies
It is important to inform our members that your registrations on exchange platforms with personal information such as ID and bank/credit card accounts will/can expose your identity and your actions and outcomes from trading activities can be subjected to applicable laws and regulations.
Listed Exchanges
1.Crex24/Estonia – Funded by QWC Team [BTC]
2.BitexLIVE/Turkey – Funded by QWC Team [BTC (when QWC > 1 Satoshi) / DOGE]
3.Fedlio/Singapore or Seychelles – Funded by QWC Team [ETH / BCHABC / DASH] – Warning for withdrawal issues!
4.Bisq/Decentralized – Promoted by QWC Team [BTC] – Requires Activation Cost.
5.Bituan/China – Promoted by QWC Chinese Community [USDT]
6.Citex/Korea – Promoted by QWC Chinese Community [BTC / ETH / USDT]
7.QBTC/China – Promoted by QWC Chinese Community [CNYT]
8.Tyche/Unknown – Promoted by QWC Team [ETH / USDT / DOGE / TEX]
9.Altilly/HK – Funded by QWC Team [BTC / ETH / DOGE / XQR]
10.BKEX/China – Promoted by QWC Chinese Community [BTC / USDT]
11.GJ/China – Promoted by QWC Chinese Community [USDT]
Basic Coin Specifications
Coin Name: Qwertycoin
Ticker: QWC
Type: 0% Premined Decentralized Community
Cryptography: CryptoNote V2.0
Proof Type: EPow (Egalitarian Proof of Work)
Mining Algorithm: Cryptonight
Difficulty Algorithm: CIMA + CLIF, Adjusted every block
Blocktime: 120 seconds
Tx Hash: Instant
Required Confirmations: 10 confirmations
Total Number of Coins: 184,467,440,737 QWC
Coin Decimals: 1/10000000 (0.00000001)
QWC Block Reward: Decrease by each block
Dev. Language: C++
Blockchain Development Roadmap
1. Stage 1: Currency Application Development (2017 – By the end of 2018)
Daemon Development and Optimization
CLI Wallet Development and Optimization
Desktop Wallet Development and Optimization
Mobile Wallet Development and Optimization
Commerce Integration Development
2. Stage 2: Currency Ecosystem Development (2018 – Continuous)
Invitation/Integration of Existing Commerce Applications
Commerce Integration Optimization
Local Fiat Exchange Commerce
Patches and Updates for All Software
3. Stage 3: Application Development (2019 – Continuous)
Search Engine + Desktop/Web/Mobile Wallet
Web Services + Web/Mobile Wallet
Mobile Apps + Web/Mobile Wallet
Activation of Local Fiat Currency Exchange (Stores)
Core-Team
Alex - Founder & Lead Developer
Xecute - Team Lead & Finance Officer
Dennis - Exchange Communication
Jordan - Previous Webmaster
Jeff Lee - IT & Infrastructur
Jeka - Co-Founder, former Developer
Pascal - System Administrator
ghostx1x - Design & Graphics
Paul Oliva - Author
ExploShot - Mobile Developer
To learn more about us, check out our links:
Github: https://github.com/qwertycoin-org/
Bitcointalk: https://bitcointalk.org/index.php?topic=2881418
Whitepaper: https://github.com/Xecute0101/QWC-White-Paper/blob/master/QWC%20White%20Paper%20V1.0.pdf
News & Blog: https://qwertycoin.org/blog/category/news/
Block Explorer: https://explorer.qwertycoin.org/
Mining Pool List: https://explorer.qwertycoin.org/#pools
Node Map: https://nodes.qwertycoin.org/
Faucet: https://faucet.qwertycoin.org/
Community Voting: https://voting.qwertycoin.org
Web Wallet: https://myqwertycoin.com
Social Network:
Facebook: https://www.facebook.com/422694361519282
Facebook Marketing: https://www.facebook.com/QWCMarketing
Reddit: https://www.reddit.com/r/QWERTYCOIN
Telegram Community Channel: https://t.me/qwertycoin
Telegram Support Channel: https://t.me/qwc_support
Discord Community Channel: https://discord.gg/U5amwCs
Foundation Twitter: https://twitter.com/qwc_foundation
AUTHOR
Bitcointalk Username: Aryasatya Radhitya
Telegram Username: https://t.me/AryasatyaRadhitya
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2688240
QWC Wallet Address: QWC1hXUrVmCctbaTQvVMk8c2vYEPa18dHQcgHHpZ1MQebA2kBhyubokND41XbLD34rghgsn7D4nh8iJ8FKxdDSU24T35yv6myH
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