👩‍💻Technical Architecture

QUJICOIN: Powered by the Advanced Binance Smart Chain (BSC)

Blockchain Technology

QUJICOIN leverages blockchain technology’s decentralization capabilities to ensure transparency and immutability in transactions on its platform. The blockchain serves as a publicly distributed ledger that records all transactions such that they become resistant to tampering or manipulation. QUJICOIN is based on the cutting-edge Binance Smart Chain (BSC), which employes a specialized Proof of Staked Authority (PoSA) consensus mechanism to validate and confirm transactions on the network, which is essential to maintaining the integrity and security of the QUJICOIN ecosystem. Transactions on the QUJICOIN’s blockchain are superfast with low turn-around time to ensure high efficiency and low cost for users. The decentralized nature of QUJICOIN is backed by a distributed network of nodes that helps reduce the risk of single points of failure and improves network stability.

Smart Contracts

Blockchain smart contracts automate processes within the QUJICOIN platform, such as reward distribution for accurate predictions, ensuring efficiency and trustworthiness. Based on the reward calculation method explained above (Chapter 5.6), the QUJICOIN smart contract will automatically distribute reward coins to eligible candidates based on the accuracy of their predictions. The use of automated and immutable blockchain contracts ensures fairness and transparency in all transactions.

QUJICOIN Smart Contract address: 0x2D6D910748fBac47e1F5874251298beF3D7C6F50

The QUJICOIN platform operates through cloud-based servers, which are located in Frankfurt and Amsterdam.