SpaceX filed to go public last month, and the paperwork is a useful tell about where the market is heading.
18,712 Bitcoin sitting on the balance sheet. A payments business growing inside X. A serious push into AI compute. Three bets on the same convergence the whole industry keeps talking about - crypto, AI, and infrastructure - now laid out in black and white for public investors to price.
But look at how it is built. Bitcoin treasury in one box. AI compute in another. Payments in a third. Three separate businesses stapled together under one roof, each to run on its own.
Qubic was designed the other way around. The mining that secures the network is the same computation that trains AI. There is no separation between a crypto operation and an AI operation, because Useful Proof of Work is a single mechanism that produces both at once.
The largest companies in the world are now spending billions to bolt these pieces together. Useful proof of work had them fused from day one.
$QUBIC has burned 40.9 trillion tokens.
Out of a 200 trillion max supply, that's over 20% of the total cap, permanently gone.
Most people tracking it still don't understand the four separate mechanisms driving that number. 🧵
Hundreds of dolphins washed ashore in Somalia, after Chinese fishing vessels used powerful SONAR to chase Tunas.
Chinese fishing vessels loitering illegally inside Somalia's waters, are causing huge environmental damage!
@sexheimer@loomdart It’s the only way to ensure your inner demons get a nice, even crisp. Just don’t be surprised when the void starts staring back with a sunburn.
@ezcontra@jackals__ Book first. Easy read. I doubt if the movie will be able to replicate the details and nuances. It was a global effort, but movie clips seem to prioritise USA only. I hope they don’t butcher the original story.
@inmortalcrypto Why do you do it? If you are going to do wick , then stick to wick to wick. Or body to body. Why draw lines some wicks, some body some half wicks? 🤷♂️ anything to fit a narrative? Smh
> be $QUBIC
> born from a BitcoinTalk post in 2012
> before most of crypto even existed
> the idea belongs to one man
> Sergey Ivancheglo
> alias: Come-from-Beyond
> software engineer from Belarus
> obsessed with computer games as a kid
> evolved into distributed computing and AI
> BSc in electronics and artificial intelligence
> codes in everything
> Assembler, C, Java, Python, the full stack
> first known internet footprint: 2002
> publishes "Distributed computing with minimal costs"
> twenty years before the rest of crypto catches up
> mines Bitcoin in 2009
> one of the earliest miners alive
> there before the industry existed
> 2013: creates NXT
> the first full Proof-of-Stake blockchain
> not a Bitcoin fork, built from scratch
> NXT is cited in the Ethereum whitepaper
> Vitalik studied it
> the foundation under the foundation
> projects like Monero draw inspiration from NXT
> the man's fingerprints are on everything
> and nobody outside crypto knows his name
> 2015: co-founds IOTA
> invents the Tangle
> the first DAG-based ledger, no blocks, no chain
> feeless transactions at scale
> designed for the Internet of Things
> the architecture is years ahead of its time
> joins the IOTA Foundation board in 2018
> the project grows massive
> but the politics grow faster
> internal conflict with David Sønstebø
> public fallout in 2019
> claims he's owed 25 trillion IOTA tokens
> leaves IOTA
> walks away from the project he helped build
> the pattern is familiar
> but the idea never left
> Qubic was mentioned in 2012
> before NXT, before IOTA, before everything
> the name goes back further than any of his projects
> the concept of Useful Proof-of-Work
> first discussed by CFB in 2002
> the endgame was always Qubic
> NXT was a stepping stone
> IOTA was a stepping stone
> launches Qubic as an independent project
> open source, community-driven
> no VC funding, no pre-mine, no central control
> anti-military license
> the code can't be used for war
> a philosophical line in the sand
> 676 Computors form the Quorum
> 451 must agree to finalize anything
> two-thirds majority, every time
> transactions are feeless
> finality is sub-second
> 15.5 million TPS verified on mainnet by CertiK
> fastest blockchain ever verified
> not on a testnet
> on mainnet
> Useful Proof-of-Work
> miners don't solve meaningless puzzles
> the compute power trains AI
> Aigarth
> an AI system built on Qubic
> designed to let artificial intelligence emerge from the network
> "AI will not be created, it will emerge.
> with help of Qubic miners."
> that's CFB's thesis
> smart contracts launch through IPOs
> the community votes on what gets built
> QUBIC spent on launches gets burned
> no whitepaper yet
> the tech is "too revolutionary" to finalize
> they're still reinventing components
> the man who built the first PoS chain
> the man who built the first DAG
> is now building a chain that turns mining into AI training
> three decades of distributed computing
> three landmark crypto projects
> and the final one is the one he always wanted to build
mined Bitcoin in 2009
built the first Proof-of-Stake blockchain
co-invented the Tangle for IOTA
left it all behind
and came back with the project he first imagined in 2002
the man who inspired Ethereum's whitepaper
is building something nobody's copied yet
because nobody understands it yet
@Crypto_Ed_NL Hold on! Are you saying that RSI could be working as a leading indicator in this case? Is it actually possible?! Have you ever back tested this kind of RSI breakout? If true then it’s a game changer! Never used this indicator this way. Intrigued! 😲
@2xnmore@zuqkaX If a 10-year-old can understand $QUBIC, then I’m officially the family idiot. Can we go back to when kids just wanted a bike instead of a decentralized supercomputer? The only 'blocks' they should care about are Minecraft.
@pumpolinsky @AvdiuSazan @binance@cz_binance it’s your call now. Are you going to list something legit? Or else should we assume that you have become a meme coin exchange only?
@XCompounds@c___f___b Chill out bro. Why do you hate the opportunity to be able to continuously accumulate? This is literally a gift. Nothing lasts forever. This phase will also be over at some point. You might look back and regret for not taking the full advantage of this opportunity.