[ANN] QUBITCOIN (QTC) – Turning hashpower into quantum computing progress

[Dijital Para]

I’ve spent quite a bit of time researching this project and didn’t want my efforts to go to waste. Maybe someone will find this information useful.

Everyone in their chat is hyping it up as a PQC blockchain, meaning their blockchain and cryptography are supposedly immune to the quantum threat. However, that’s not the case. This project was built to incentivize the development of quantum simulation. In other words, the idea is for mining power to be spent simulating solutions to quantum algorithms. It has absolutely nothing to do with quantum resistance.

I’m not saying it’s a scam or a fraud—not at all, the project is actually quite interesting. But when you buy QTC, you need to understand that if (or when) ECC is cracked, you will be hacked too. Given the transitional nature of the project, I honestly still don't understand its long-term function once actual quantum computers finally arrive.

[QuantumFalcon]

I’ve spent quite a bit of time researching this project and didn’t want my efforts to go to waste. Maybe someone will find this information useful.

Everyone in their chat is hyping it up as a PQC blockchain, meaning their blockchain and cryptography are supposedly immune to the quantum threat. However, that’s not the case. This project was built to incentivize the development of quantum simulation. In other words, the idea is for mining power to be spent simulating solutions to quantum algorithms. It has absolutely nothing to do with quantum resistance.

I’m not saying it’s a scam or a fraud—not at all, the project is actually quite interesting. But when you buy QTC, you need to understand that if (or when) ECC is cracked, you will be hacked too. Given the transitional nature of the project, I honestly still don't understand its long-term function once actual quantum computers finally arrive.

I'm not sure which chat you are referring to but if it is the main Telegram, I haven't seen anyone really hyping this as a PQC blockchain, the only official reference to PQC was from an early team AMA which made clear that (stating the obvious) one day it will need to be PQC. You are right that they are trying to achieve SuperDense Consensus, ie a decentralized network that produces actual quantum fata output each time a block is mined - very cool if the team can pull it off.

Again, I haven't personally seen the Telegram members hyping it as a PQC project at all (genuinely speaking here)

[fibonacciopstan]

The most interesting part of Qubitcoin is not only that mining simulates quantum circuits, but that the network is also presented as a long-term benchmark for comparing different simulators and eventually real quantum hardware.

That makes the historical record especially important. If a new solver, optimized kernel or hardware implementation appears later, researchers and miners will need to know which circuit format, precision rules, verification method, difficulty logic and performance claims were officially in use at that exact time.

The same applies to the broader project statements: the alpha-mainnet status, the planned simulator improvements, discussions with hardware companies, wallet development and the role of Superquantum. GitHub commits preserve code changes, but they do not necessarily preserve every public explanation, benchmark claim or roadmap commitment in its original form. Websites, articles and forum posts can all be revised or removed.

Is there an official Qubitcoin archive where these technical claims, benchmark results, roadmap updates and major announcements are permanently timestamped and cannot later be silently edited? Please share the link if such a record already exists.

[QuantumFalcon]

Is there an official Qubitcoin archive where these technical claims, benchmark results, roadmap updates and major announcements are permanently timestamped and cannot later be silently edited? Please share the link if such a record already exists.

I have forwarded this to the lead mod who in turn will ask the team. I'll post once they respond (being honest it may take a while as I know the core team are a busy bunch). Will share once I have the info 👍