When I say that $QUBIC is a sleeping beast, I'm not joking, the data is there.
$QUBIC is not a blockchain but a #Tickchain .
Many people don't really understand what a "tick" means in $QUBIC and confuse it with other concepts.
A tick "equals" a block in another blockchain, think of it that way instead.
Ticks operate on a fixed time interval (about 2 seconds for $QUBIC), unlike blocks whose time can vary depending on network congestion.
This regularity can offer a better user experience and facilitate application planning.
$QUBIC is not a blockchain. Ticks do not form a linked chain like blocks - they exist independently within a weekly "epoch," which completely eliminates the risk of forks or reorganizations.
Unlike blockchains where finality is probabilistic and requires several confirmations, a $QUBIC tick offers immediate and definitive finality.
A transaction is either included in the specified tick or it is not - without any possible ambiguity.
$QUBIC runs entirely in RAM, without an operating system, allowing it to achieve up to 55 million transfers per second - an order of magnitude higher than the fastest blockchains.
To make a transaction, you specify the future tick in which you want it to be included (generally 5 to 10 ticks later), eliminating any competition for inclusion via variable fees.
The system "prunes" transactions at each weekly epoch change, keeping only the balance modifications, which prevents the accumulation of historical data while maintaining network integrity.
The speed of ticks is adjustable (5 seconds > 2 seconds) , which is an incredible thing.
And I write this with admiration, but $QUBIC has reached a record of 55 million smart contract executions per second during tests, surpassing their previous record of 40 million.
I know it seems impossible, but that's only in your mind; reality is quite different.
When I explain to you that $QUBIC corrects the flaws of #Bitcoin , it really does, here are some examples.
Unlike #Bitcoin's proof of work consensus which consumes a considerable amount of energy, $QUBIC uses a quorum consensus which is much more energy efficient.
#Bitcoin is limited to about 7 transactions per second, while $QUBIC demonstrates a capacity of 55 million transfers per second in its tests, solving one of #Bitcoin's biggest challenges.
#Bitcoin requires several confirmations (generally 6) and offers only probabilistic finality, whereas $QUBIC offers immediate and definitive finality as soon as it's included in a tick.
#Bitcoin takes an average of 10 minutes per block (and up to an hour for a "safe" confirmation), while $QUBIC validates a tick every 5 seconds currently, with a target of 2 seconds.
The #Bitcoin blockchain constantly grows and currently contains more than 500 GB of historical data, while $QUBIC prunes data at each weekly epoch, keeping only the balances.
#Bitcoin has difficulty evolving (as shown by the fork wars to increase block size), whereas $QUBIC is designed with a scheduled weekly update allowing more fluid evolutions.
#Bitcoin has limited capabilities for smart contracts, while $QUBIC is designed with native support for high-performance smart contracts.
I could continue like this for a long time, but I think I've proven enough.
$QUBIC is the next revolution, well ahead of its time.