This review consists of important excerpts from the QOOBER White Paper and my personal inserts and comments.Introduction The development of the e-Commerce market is moving forward with impressive steps. Every day more and more spheres and areas of the world economy are moving to the Internet, and today it is almost impossible to find a large company that does not provide its services via the Internet. There is no doubt that electronic transactions will take a dominant position in world trade in the foreseeable future.
The benefits and benefits of using distributed systems have long been obvious to the public and every year there are more and more blockchain-based projects that simplify financial relationships between people, making them as transparent and reliable as possible.
Cutting-edge solutions based on innovative developments have always been what changed our world for the better. The emergence of new technologies that solve existing problems and challenges step by step only moves us forward. For this reason, it is extremely important to study and develop what we have now and create more advanced, reliable and modern products. The future comes where WE create it.
Let's talk about the state of the e-Commerce market Online payments already occupy a significant market share. According to the German organization Statista, there are about 2 billion online shoppers worldwide. This means that almost a quarter of all people in the world shop online.
The bottleneck of online payments is banks, which may delay or reject money transfers for a number of reasons. In addition, when transferring funds abroad, banks convert customer funds several times, charging their own Commission for this, in addition to the main Commission for making an international payment. Another problem is the security of payments and trust between the parties. Due to different legal regulations, the payment may be frozen for a certain time or completely lost.
The digital alternative to cash developed by the QOOBER team is a global, blockchain-based system for converting fiat and cryptocurrency funds into the QOOB digital payment currency for trading and transfers to different parts of the world using Blockchain technology.
The system provides the creation of an automated cryptocurrency payment solution for everyday tasks and business expenses. QOOB coins can be used for transfers and payments of any complexity around the world.
Using the QOOBER blockchain for international transferring eliminates the possibility of payment delays or freezes. All operations are processed within one minute. Commissions are minimal and remain invisible even when transferring large amounts of money. The publicity of the blockchain solves the problem of distrust and the need for a guarantor. Government restrictions on cryptocurrencies are also a thing of the past, replaced by full or partial legalization.
The QOOBER blockchain also supports the paramining mechanism, which is an improved version of POS mining - an automatic increase in the number of QOOB coins stored in the wallet as a reward for passive support of the blockchain's health.
The QOOBER platform brings together users from all over the world to create a new ecosystem and take global e-Commerce to the next level.
Team Surprisingly, sometimes the anonymity of developers or the lack of a strong media face at the head of the company is an undeniable advantage. Especially in the range of blockchain projects that promote decentralization.
Recently, there has been a growing interest in QOOBER among the crypto community as one of the solutions to current financial problems.
According to one version, it is caused by the idealization of the aim of developing the project through the efforts of the community, similar to the main cryptocurrency Bitcoin and its anonymous Creator Satoshi Nakamoto.
No less popular is the idea that the demand for the coin is caused by the rapid growth of its rate…
Rate of the QOOB The coin is trading on the major exchange BTC-ALPHA for about a month and has already managed to give its investors a lot of X's.
QOOB grew up on high volumes from 20 cents to $1.60 and, after a correction to 1.20, is again trading between $1 and $1.30 levels.
At the moment, the community expects the coin to continue growing to$ 5, but when buying this asset, everyone must independently determine the entry and exit points.
QOOB coin The QOOB cryptocurrency is the core of the QOOBER blockchain, like most other digital currencies, it is protected from inflation due to predescribed and publicly known rules for creating new coins. No one, including developers, can create new coins the way Central banks around the world do. The market is pricing in the absence of a mindless issue will eventually determine the fair established value of the coins.
All QOOB coins were issued with the creation of the Genesis block. Premining was 10 million coins and to achieve the initial decentralization, a partial closed sale of coins to private investors was carried out. The total issue of QOOB coins will be 7 billion coins.
Initially generated 10,000,000 QOOB coins are distributed as follows:
Reward for the development team - 6,000,000
Distribution among private investors - 2,000,000
The development of network infrastructure and marketing - 2 000 000
Developers' coins are unfrozen in stages based on block marks in the blockchain, which means that developers can't get all the coins back and dramatically affect the price. All subsequent coins are created by paramining inside the blockchain.
Paramining QOOBER uses a system in which each "coin" on the account can be considered as an Autonomous mining unit. The process is called paramining.
Its main advantage is that no network user can interfere with this mechanism and falsify new coins. The number of coins issued by the system is available for viewing in real time for each user. Paramining works on any wallet with a balance over 100 QOOB and automatically stops when the balance is equal to 1,000,000 QOOB.
The system of establishing referral connections without using any links is also applied. After creating a new wallet, the system records in the blockchain the creator of the first transaction and permanently establishes a referral link that cannot be changed – this makes it easy to build global structures and increase the speed of mining new coins.
Paramining in QOOBER is a unique method of creating new coins by all users at the same time, regulated by 4 parameters:
1 - Number of coins in your personal wallet
2 - Difficulty of extraction coefficient
3 - Coefficient of the number of coins and followers
4 - Storage coefficient
The pace of paramining is linked to the speed of block generation. One block is generated in an average of one minute, i.e. approximately 1,440 blocks are generated per day.
Nodes In addition to paramining users have the opportunity to earn on the creation of the master node.
A node is any simple wallet in the network of any cryptocurrency. In other words, it is a user. If this node is fully synchronized with the blockchain and kept online 24/7, it will become a Master node and begin to bring its owner a certain income by confirming transactions in the blockchain.
The conditions for mining QOOB cryptocurrency are quite simple: you need to download the node installer, install it on a 24/7 server, top up this wallet with 1000 QOOB, wait a day, enable forging, and you're done.
All installers are available in a special section on the site.
Conclusion QOOBER's mission is:
- a world without slow and unreliable banks that exist for commissions;миp, в кoтopoм all
- exchange operations and transactions are cheap, instant and secure;
- a world where financial transactions are incredibly simple and easy.
The team created the QOOBER blockchain to solve most of the existing problems in the crypto segment and provide the world with a new generation of cryptocurrency and combine advanced technologies with everyday life.
Blockchain technology will become an essential part of our lives in the foreseeable future. Therefore, I believe that the task of developers is to create the largest integrated multifunctional service that will provide safe, reliable and professional services for investors and entrepreneurs around the world, and will contribute to the development of the digital industry as a whole.
I will be grateful for donates to the address: QOOB-EWLE-VQZQ-VYRH-CXX2Y.
