While quantum attacks are on the agenda, a project aims to stand against these attacks in the blockchain field: QANplatform! The need for security and flexibility is becoming more important every day. At this point, QANplatform aims to make a difference by offering a future-ready solution. So, what exactly does this platform promise and why does it attract so much attention? What is the QANX token and what does it do? Let’s explore together!
What is QANplatform?
QANplatform provides developers and businesses with the ability to develop any programming language quantum attack-resistant smart contracts, decentralized applications (DApp), decentralized finance (DeFi) projects, NFTs, crypto assets and Metaverse environments that enable the creation of an innovative Layer 1 hybrid blockchain platform.
This project’s mission is to enable everyone to build developments on the blockchain quickly and securely. It is designed to integrate with widely used and popular programming languages, DevOps tools and major cloud platforms to achieve this. It also works with Oracle APIs.
QANplatform is compatible with Ethereum’s smart contract system (EVM). That is, projects such as decentralized crypto asset trading platforms (DEX), NFT projects, and DeFi solutions running on Ethereum can easily migrate to QANplatform.
One of the biggest differences of QANplatform is the special reward system it offers to developers. When a developer creates a smart contract on the platform and this code is used by other developers or when transactions are made with this smart contract, they earn lifetime rewards. This is an innovative system that allows software developers to be rewarded for their efforts.
What is QANX Token Used For?
QANX token was developed as a utility token for QANplatform and is used for many different purposes. These usage purposes can be listed as follows.
- Smart Contract Deployment Fee: Developers must pay a certain fee to create new smart contracts and integrate them into the platform. This fee is paid with QANX tokens.
- Smart Contract Function Usage Fee: Decentralized application (DApp) users can pay to run some smart contract functions. If the transaction requires writing data on the blockchain, a certain fee is charged with QANX tokens. This fee varies according to the length of the written data and the complexity of the smart contract function.
- Token Transfer Fee: A fixed transaction fee is charged from users when transferring QANX tokens. This fee, paid in QANX tokens, is fixed regardless of the amount of QANX sent.
- Block Validator Fee: If a user has a request to join the validator pool and gain the right to validate new blocks, they are required to deposit a deposit. Of course, there is also a reward for being a validator.
- Full-Node Provider Registration Fee: Full node providers provide storage services by running the QAN software on a device. Developers or providers who want to join this network must register. Payment in QANX tokens is also requested for this registration process.
- Rewarding with QANX: Various activities taking place in the ecosystem are rewarded. Users can earn QANX tokens through many different mechanisms such as smart contract royalties, block validator rewards, full node provider income, token competitions and bug bounty programs.
Considering all these usage purposes, it is possible to talk about QANX token as a real utility token. This crypto asset can be considered as a driving force in the operation and continuation of the system.
What are the Features of QANplatform?
QANplatform is a high-tech Layer 1 platform that distinguishes itself from other blockchains with the innovative solutions it offers. 4 important features that make QANplatform special are as follows:
- Multi-language Smart-Contract Engine: QANplatform eliminates the need for smart contracts to be written in only a specific programming language. Thanks to QVM (QAN Virtual Machine), smart contracts can be developed with any programming language that more than 20 million software developers in the world are familiar with. This makes the QAN platform easier to use and allows more developers to join the ecosystem.
- Quantum-Resistant Security System: Traditional blockchains may be under threat with the development of quantum computers. However, QAN platform offers a structure resistant to quantum attacks with QAN XLINK technology using the CRYSTALS-Dilithium algorithm approved by NIST. This system will be in a position to provide a secure transition even when quantum computers begin to surpass current blockchain encryption methods in the future.
- Environmentally Friendly Proof-of-Randomness (PoR) Algorithm: Instead of using traditional mining methods that are high in energy consumption, QANplatform works with an innovative algorithm called Proof-of-Randomness (PoR). In this way, it aims to be the greenest blockchain that can operate with less energy and without harming the environment. At the same time, it provides a secure and efficient ecosystem while maintaining its decentralized structure.
- Fast Cloud-Based Deployment: QANplatform can be integrated into major cloud services such as Amazon AWS in just minutes. Users can instantly implement their projects by installing the QAN blockchain in less than 5 minutes. This feature saves time for developers and businesses, making QANplatform the fastest deployable blockchain on the market.
QANplatform offers both a secure and innovative blockchain experience with these unique features. In addition to these features, it stands out as an ambitious solution in the blockchain world with its different competencies.
Who is the Founder of QANX Token?
The founders of QANplatform are Johann Polecsak (CTO) and Patrick Storchenegger (CEO). The aforementioned duo, who are also economists, have played active roles in the development and management of the platform.
The story of QANplatform began in 2019 with a group of blockchain enthusiasts, mathematicians, quantum researchers, IT professionals and business development experts. With the research and early-stage developments put forward by all these people, the foundations of this project have begun to be laid.
Where to Buy QANX Token?
One of the most important issues for investors who want to perform a “buy QANX token” transaction is undoubtedly choosing a reliable and fast crypto asset purchase platform. Although QANX is listed on many different platforms, it is always advantageous to purchase through a platform that offers easy use, fast transaction opportunities, and a secure infrastructure. This is where ICRYPEX stands out!
ICRYPEX is a reliable crypto asset purchase and sale platform where you can buy and sell QANX with its user-friendly interface and high security measures. In addition, your orders are executed instantly thanks to ICRYPEX’s fast transaction infrastructure.
If you are thinking of investing in the innovative solutions offered by QANplatform, become a member of ICRYPEX now to get QANX token safely and practically!
