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At 11:00 (UTC) on December 29th, CEO Shoaib and CTO Sam from Qitchain Network, the blockchain search engine project visited a telegram community and introduced the original intention, advantages, ecosystem, application scenarios and development vision of QitChain.
The following is the transcript records of the AMA:
?First, please introduce yourself and the other members of the team, And your exploratory journey into the blockchain industry.
Shoaib: Hello, everyone!As the CEO of the Blockchain Search Engine Project (Qitchain Network) team, I am very honored to interact with you.I got involved in cryptography in the previous study and research stage. Due to the academic particularity, I got involved in and focused on blockchain technology very early. I have contributed to cryptography technology in some open source projects, but I do not know much about the complete project.
Until 2015, I started to study the whole blockchain project due to my work at the time, and the idea of the Qitchain project began and was fascinated by it.
Later, we had the core 6 members of the QITCHAIN:
Sam Catchpole (CTO), Plasiap (Technical Consultant), Daniel Alejandrolugo (graphics Desgina), Daniel Ruvens (Business Consultant) and Antoine Kuseyan (Business Director).
Some of the founding teams from IPFS, and others from the original Google team, have expertise in artificial intelligence (AI, AI), blockchain, and big data.We all have a very strong obsession and enthusiasm for the development and application of these products.
In 2017, we established the "Tree Team", and the "Tree Team" was named mainly because of the four technical breakthroughs and innovations about the "Tree" in the research and development process of the QITCOIN project:
- A write-efficient ADS AC tree is designed.Based on the AC trees, the AC * trees were designed to optimize the time-window-based queries.verifiable connection query is implemented based on AC tree and AC * tree, which greatly improves the query performance of verifiable range and connection queries.
- We propose a cryptographic accumulator-based ADS GCA2 tree to support blockchain-oriented verifiable multidimensional cluster queries.
- QITChain first uses the query compiler to parse the query and generate an abstract syntax tree, making two query types supported in QITChain: full-node-oriented and light-node-oriented queries.
- It uses the MPT tree to complete in the QITChain:
(a) Support the verifiable query of state data by light nodes
(b) The root node hash value of the MPT tree stored in each block header corresponds to a snapshot of a state database, which can support the rapid restart recovery of the nodes.
At that time, due to the high energy consumption of pow, the underlying Qitchain mainly innovated the consensus mechanism based on bitcoin, and tested nearly 1,000 times on the participation model and consulted the well-known Wall Street fund manager, and better improved the economic model, so we finally decided to upgrade the consensus mechanism again, which is the current CPOC consensus mechanism; this innovation has also received funding from two friends.In November 2020, the "Tree Team" officially established the "search Laboratory", and successively established advisory teams in North America, Europe, Asia Pacific and other places, and established nearly 20 test nodes. Here is a special thanks to the Asia Pacific advisory team for its excellent performance and efforts.
In the first consensus stage, in order to better achieve the goal of "effective data and secure network", the team will transform the scalability of the underlying protocol, realize smart contracts and programmable projects, lay a good foundation for the future ecological development of QTC, and do infrastructure services for WEB3.0.Better in the blockchain network to provide storage and retrieval services for blockchain projects such as NFT and metadata like metacUniverse, providing good technical reserves for the realization of the second stage.
?There are many market segments in blockchain, Why do you choose the distributed technology? And are you committed to "distributed search."? What is the significance of the upgrading and future development of WEB3.0 search technology?
Imagine a company having a server farm of 10,000 computers to maintain a database of all its customer accounts.The company owned a warehouse building that contains all of these computers under one roof and has full control over each of these computers and all the information contained therein.However, this provides a single failure point.What if the electricity goes out in that place?Or is its Internet connection cut off?What if it is burned to the ground?What if a bad actor hits it?In any case, the data is lost or damaged.
This is why we chose distributed technologies to segment and replicate data at each node at different locations to maintain the availability of reliable data.The QITCHAIN uses edge computing technology that allows the data to be encrypted and stored immediately on the individual web end when it is generated, ensuring its dispersal, security, and integrity.
Together, privacy, data, rights, censorship and identity have become hot with Web3.0.The meaning of Web3.0 is to disperse Web.Distributed storage protocols will become a supplement or alternative to HTTP.It makes up for the pain points of the existing blockchain systems, and solves the shortcomings of the file storage.
And with the development of FILCOIN, the search will be in the field of blockchain is necessarily the necessary tools, considering the harm of the Internet era search engine centralization has been exposed, and endanger the vital interests of individuals, so "return to data ownership to individuals" will be the first QITCHAIN to achieve the goal and value!
?What is QiTChain's original intention and its future vision? In contrast to traditional search techniques, What different experiences can distributed search bring?
Qitchain's initial intention to build a search engine allows people to have their resources and freedom, and to empower data owners through decentralization.Strengthen control over their data and give them a greater say in how to process / process data.
Furthermore, money and other benefits arising from that data should be directed to all, without middlemen.To sum up, this means: "My data, my value".
In contrast to traditional search techniques, we may not always realize that much of our personal information is tracked and recorded in some form or form whenever we browse our internet information through search engines, social media, or large retailers.This information was then used in various advertising campaigns.The businesses spent a fortune, hoping they could get a slice of the billions-dollar online consumer industry.These events are translated into invasive pop-up ads, and mostly irrelevant sponsored ads, filled with our daily online experience.
These use cases are almost unlimited and can be applied to any product or service that we are interested in and search online.Also provide compensation for the target quote you receive.
The so-called decentralized distributed search engine means that there is no central control.They are scattered over the different nodes of the network.With an open search engine, no search engine can have your data.They don't even have access to your search information.
It is not very different from traditional search use, the only difference is that when others need to use my data, it will need my permission, and when my data generates value, the profit value will partially go back to my hands, not a centralized data storage center.
?Can you detail QiT Chain's ecological construction plan. What roles are included throughout the ecosystem? What application scenarios does it have.
The chain network ecosystem construction scheme can be summarized as the "three-core and two radiation belt", including the core support chain network, the core service quantum search, the core world quantum change, the service radiation belt, and the technology radiation belt.
Three, nuclear
1) Baseline network: Baseline network provides the underlying blockchain support.In the future, we will upgrade the consensus mechanism of the CPPCC National Committee to make the region possible.Various documents, audio, video, code and other files can be securely stored on the chain.This is also the core and bottom support for realizing the value of the entire ecosystem.
2) Exit Search: Exit search is a decentralized search engine.The entire search engine construction will follow the idea of the Web3.0 system.It will provide users with SaaS (Search as a Service) capabilities for decentralized services.Each service does not require a download, and each user has its own data permissions.
3) Quantum metacaverse: Based on the support of the other two cores and two radiation bands in the ecosystem, we will launch metacaverse products in the future.It is a truly completely decentralized virtual world and a searchable virtual world.In this world, users can experience the convenience of virtual meetings, and they can also meet and negotiate with customers in this world, or play games to relax for a while.
Two radiation Bell
1) Service radiation belt: " We believe that simple Dapps can make the whole ecology look very thin, and the truly decentralized ecology should adopt complete service-oriented measures, in the future, our ecosystem will be full of various services, such as social networks, NFT, DeFi, shopping, games, etc.”
2) Technology radiation band: based on the quantum chain network, there are many possible technology integration.The technical and operational radiation bands will be a complementary relationship.Changing service needs will also bring goals and challenges to the development of the radiation belt.
- Application scenario: The overall economic model of QitChain is mainly pledge. In order to ensure the subsequent liquidity of QTC, QTC is set as the search engine data storage and search, download, etc., and build other ecology, including mall, knowledge payment, training, etc.
?How do ordinary people participate in the construction of the QitChain network? What is the speed of development?
- Participants in the Qitchain network can be divided into six roles: mining pools, miners, coin holders, wallets, exchanges, and hardware service providers.
- Development speed: Since May, the data stored on the whole network is currently between 500p and 600p.
?What is the current progress of the QiTChain project? What have you achieved in the market? What is the next development plan and layout?
At present, in the first stage: the whole network computing power 500P+, the global consensus is being formed.
achievement:
- Next development plan and layout:
- Improve Turing's complete virtual machine to enable smart contracts to achieve more functions;
- Upgrade the CPoC consensus mechanism to CPoC + to establish a complete decentralized storage standard;
- Establish a development platform to let more people participate in ecological construction;
- Complete the initial decentralized search engine, to provide content services and information retrieval;
- The operational radiation band forms a relatively complete system;
- An initial integration of technical radiation bands, quantum chain networks, and quantum search is initiated.
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https://twitter.com/Coinw_exchange/status/1475738295850000388
