History of Qubic ($QUBIC) – a blockchain revolution with AI

history of qubic ($qubic) – a blockchain revolution with ai

Qubic (QUBIC) is an innovative decentralized blockchain network with a unique goal – creating Artificial General Intelligence (AGI) using mining as a method for AI training. This is more than a cryptocurrency – it’s an entire ecosystem blending blockchain, artificial intelligence, decentralized governance, and real-world smart contracts.

The Beginning: Come-from-Beyond’s Vision

The story of Qubic (QUBIC) begins with one person: Serguei Popov, known by the pseudonym Come-from-Beyond (CfB) – a cryptographer, blockchain visionary, and creator behind some of the most influential projects in the crypto space.

CfB’s accomplishments:

  • Creator of NXT – the first fully implemented Proof-of-Stake blockchain (2013)
  • Co-founder of IOTA – the first DAG-based project (Tangle), designed for IoT
  • Former nuclear physicist, bringing his analytical mind into cryptography

After leaving IOTA in 2020, CfB focused on an idea that had fascinated him for years – a project that would use decentralization not just for finance, but to build AI owned by people, not corporations.

The Birth of Qubic

The project officially launched in April 2022 with public documentation and open-source code.

Main goals:

  • Create a decentralized computing platform (QBC – Quorum-Based Computation)
  • Develop AI through mining – a concept later known as UPoW
  • Build a decentralized economy via IPO-based smart contracts
  • Achieve AGI by 2027 – through global training of neural networks

The Evolution of Qubic’s Technologies

1. UPoW (Unique Proof of Work)

A core idea of Qubic (QUBIC) is that mining should serve a purpose beyond just token generation. UPoW replaces traditional PoW with a model where computations are used to train AI models. This means the energy used by miners generates intelligence, not just hashes.

2. QBC (Quorum-Based Computation)

QBC is the backbone of Qubic (QUBIC). It consists of 676 Computors – validators selected via competition who execute tasks, validate contracts, and govern the network. Voting is decentralized, with each action going through a quorum.

3. Aigarth – Decentralized AI

Aigarth represents Qubic’s vision to create distributed AGI owned by the community, not Google, OpenAI, or Meta. Neural networks are trained by millions of participants who perform computational tasks and are rewarded in Qubic (QUBIC).

Smart Contracts and the IPO Model

Qubic introduces a new standard for smart contracts:

  • Each contract goes through voting and approval by Computors
  • The IPO model lets users invest in contracts like shareholders
  • Profits are shared between creators and investors
  • To date, 3 IPOs have been launched, burning over 10.5 trillion $QUBIC in the process

Growing the Ecosystem

In 2023 and 2024, Qubic expanded with:

  • Grant program for new smart contracts and dApps
  • Incubation fund of 200 billion QUBIC to support startups
  • Launch of official Web and Mobile wallet
  • Listings on exchanges like MEXC, Bitget, Gate.io, BitMart, XT.com and others
  • Growth to over 1 million active miners and 150,000+ community members

Qubic Today

  • Over 676 validators (Computors)
  • More than 10 launched smart contracts
  • Millions of transactions executed
  • Expanding community on Discord, Telegram, and X
  • AI models trained daily, advancing toward AGI

What’s Next?

  • AGI by 2027 – through the collective training of millions of ANNs
  • Development of cross-chain functionality
  • Dozens of new smart contracts to be launched
  • More passive income opportunities for users
  • AI that serves humanity, not corporations

Conclusion:

The story of Qubic (QUBIC) is one of vision, innovation, and breakthroughs in blockchain and AI technology. This isn’t just another crypto project – it’s a movement driven by the belief that the future of artificial intelligence should be open, decentralized, and accessible to all.

If you’re looking to be part of something big – Qubic (QUBIC) is here to rewrite the rules.

Official Resources:

Frequently Asked Questions

Find answers to the most common questions below.

Qubic is a decentralized blockchain project aiming to create AGI by using mining to train AI models, through a mechanism called UPoW.

Qubic was created by Sergey Ivancheglo, also known as Come-from-Beyond, who previously co-founded IOTA and created NXT.

Qubic uses a unique Proof of Work model (UPoW) where mining is used for AI training, and features an ecosystem with smart contracts, decentralized governance, and an IPO-based funding system.

Martin N.

Founder of CryptoPoint.bg and a programmer with over 17 years of experience, a crypto enthusiast with in-depth knowledge in software development and a passion for decentralization, Martin created CryptoPoint.bg to help anyone who wants to delve into the future of digital assets, current crypto news, analyses, and blockchain innovations.