New Internet technologies contributed to the development of the cryptographic market. It's no secret that we are standing on the verge of big changes that are taking place in the world of information technology. With the advent of technology blocking in this sphere, huge financial resources of the whole world are pouring in. The problem of speed and scalability that many of us felt when trying to participate in some popular ICO or just trying to make a transaction in BTC or ETH networks in particular. Expensive transactions, long waiting for confirmation, at the moment the solution is found, but in the case of an influx of loads from new users, everything can happen again. The Cube Chain project proposes to form blocks into a cube of 27 blocks each, by parallel processing of data, all this will increase the speed and scalability of the block (in ETH and BTC linear processing of blocks)
In CubeON, you can generate various content as the creator. The creator can receive voluntary donations from participants through a function such as contributions in the form of a "bet" or "job." If after scoring the points accumulate, the creator can be rewarded with tokens. Donated points can also allow the creator to get permission to open their trading floor in the selected category within CubeChat.
CubeChat is a messenger-based trading platform that facilitates online and offline transactions between users. CubeChat uses a revolutionary system that includes a wallet, registry, coins and escrow functions and makes payments in real time possible.
At the moment the data block appears, the resulting cube generates an additional hash value. The registers that will be filled in turn will continue to form the club, and the hash value will connect the cubes one by one. Thus, at the moment the blocks are connected to the circuit, the first check will be carried out.
The second check takes place at the stage of the cube creation, and it differs from the usual Blockbuster technology more advanced by the encryption system.
How it works
The project offers a new way of finding consensus to form a block in order to reduce the negative aspects of POW (Proof of Work), such as the constant increase in complexity due to competition between the miners, it is proposed to use the POH (Proof of Hybrid) compensation method. In practice, this is a form of a combination of POW + POS (Proof of Stake) where the QUBT token plays the role of additional compensation to the nodes participating in the POW. With the initial combination of POW and POS 7/3 in the subsequent gradual dominance of the POS.
Areas of application are widely used, applicable everywhere where information and data are exchanged and stored.
Three special blocks, formed at the initial stage of briquetting, have the following names: indexed, static and depanning.
An indexed block facilitates the distribution and retrieval of information at a glance.
In a static block, sorting by targets is applied to all data.
The depositing unit makes it possible to conduct safe transactions without the participation of third parties.
Where can you apply the new technology of cubing?
One of the first applications is the classical platform for information transfer in medical institutions.
Cube Chain is a platform that connects hospitals, and stores medical data about patients.
The second application is the login system - it implements databases into a single secure platform using Cube Chain technology.
And the third is a forecasting system - it performs statistical calculations with analog data, calculates a correlation coefficient, which tracks the algorithm of variables in the distribution of data.
ICO. Basic moments.
Sales of the tokens will begin from May 30 to June 15, 2018, and after a short break, the second stage will begin - June 20 - June 30, 2018.
Name: Cube Chain
Symbol: QUB
Total amount: 12 billion QUB for 50 years
Stock exchanges: Korean and international exchanges
Price: 1 ETH = 8000 QUB
The amount for croweding is 300 million (2.5% of the total)
In June, the distribution of tokens will occur.
September will distribute and exchange tokens on QUB.
Distribution of coins
POW + POS Awards (80%)
Initial development (10%)
Development of business model / solutions (5%)
Platform Maintenance (3%)
Marketing (2%)
Command
The project has a strong and highly qualified team, which in my opinion is able to bring the project to the highest level in the shortest possible time and I hope they succeed. The team includes large specialists from various industries with many years of experience.
Creators
Dongoh Kim - General Director
Youngbum Khur - Technical Director
Sangyep Nam - Director of IT
Rohvok Myung - Chief Product Development Officer
Horyoung Yoon - Major in Control and Instrumentation Engineering.
And many others great Korean specialists
Conclusion
Cube Chain is a social network with payment to creators of content / members, with chat-assistants, with an instant messenger and with the possibility of trading / transferring directly in this messenger. Also, the exchange will be like - QUB exchange, so much in just one project. For those who choose a project for investment, pay attention to Cube Chain, a very worthy candidate: an excellent and necessary idea, a professional team, well-known advisers, just excellent ratings on all independent venues. Participate in the ICOCube Chain or stay away - it's up to you. But the project is really unusual and attractive for investors!
For more information, please click on the link below:
Website: http://cubechain.io/
Whitepaper: http://cubechain.io/assets/file/Cube%20Chain_ENG_0430.pdf
Telegram: https://t.me/cubechain
Twitter: https://twitter.com/cube_chain
Facebook: https://www.facebook.com/cubechain