QITMEER - Qitmeer
Qitmeer Blockchain Project Development Report — Week 72 115.46 Million HLCs Have Been Burned HLC Burning Program Announcement Qitmeer Blockchain Project Development Report — Week 71 Qitmeer Blockchain Project Development Report — Week 70 Qitmeer Blockchain Project Development Report — Week 69 Qitmeer Blockchain Project Development Report — Week 68 Qitmeer Blockchain Project Development Report — Week 67 Launching Qitmeer Test Network Economic Model Qitmeer Blockchain Project Development Report — Week 66 Qitmeer Source Code Now Is All Available On Github Starting Business Partnership With Upex Exchange Qitmeer Blockchain Project Development Report — Week 65 Qitmeer Domain Name Has Been Renamed On Github Announcement:Start Qitmeer Mining Today Qitmeer Blockchain Project Development Report — Week 64 Kahf Wallet Is Now Available For Public Test HLC Foundation Announcement：Qitmeer-Miner Source Code On Github Announcement：Releasing Our New Updated Identity Qitmeer Blockchain Project Development Report — Week 63 Public Chain is officially named as Qitmeer Qitmeer Blockchain Project Development Report — Week 62
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What is Qitmeer?
Qitmeer is the next generation public chain based on BlockDAG which is dedicated to serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact.
In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness and scalability.
Qitmeer adopts a classic POW consensus and UTXO data model and designs a unique asset issuing mechanism which requires the reserve of native currency, which is in line with core ethical financial values.
Qitmeer Technology Highlights
Security
Fully decentralized and 50% fault-tolerance.
Scalability
Fully exploit potential physical performance.
Fairness
Adoption of a collaboration model,
reducing the risk of mining
competition significantly.
Inclusion
Multiple cross-chain protocols to
integrate various use cases.
Intrisic Value Guarantee
Tokens are converted from the same
quantity of native currency,which
is mined by Proof-of-work.
Regulation friendly
Authentication on assets issuance
while keeping decentralization
on infrastructure.
Mining
Achieving a reasonable balance of security, openness, fairness, and scalability. Qitmeer uses the classic POW consensus and UTXO data model to create a pass-through issuing mechanism based on the underlying currency and subject to review, which fits the philosophy of equal finance.
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Roadmap
Dec 2017 Dec
Medina Network has been launched
Mar 2018
Started the development of the Medina Network
Jun 2019
Qitmeer source code was available on Github
Oct 2019
Published Medina Network economy model
Dec 2019
Medina Network was officially launched
May 2020
Implementing Medina network hard fork
Oct 2020
Launching Umayyad network economic model
Dec 2020
Launching Umayyad Network internal test network
Jun 2021
Officially launching Umayyad Network
2022
To be continued..
Kahf Wallet
The wallet is developed by the Qitmeer team, which is supported by IOS, Android.Click the link below to download.
Ios
Android
Ecosystem
Stable coins
The use of Blockchain technology holds great potential across the Islamic economy and finance industry. One of the key principles of Islamic econom...
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Smart sukuk solutions
Smart Sukuk in Islamic economy is a tokenization by collecting funds from investors in exchange for Sukuk Tokens representing an ownership portion...
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Smart islamic banking
The Islamic financial sector has experienced substantial developments in the new century and has grown very rapidly both in size and number of inst...
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Team
Investors