BENQI (QI)

BENQI (QI) is a cryptocurrency that focuses on providing equitable, anonymous, and high-performance transactions. QI was launched in December of 2019 and was created by a Hong Kong based cryptocurrency team that has years of software development experience. What makes BENQI (QI) unique is its focus on providing a secure, decentralized system of nodes that is operated by stakeholders. This eliminates the need for a central authority, which makes it more resilient to attack and censorship. In addition, QI uses an energy efficient proof of stake consensus mechanism that incorporates deterministic selection of stakeholders to create an entirely distributed network. The QI cryptocurrency is used for various tasks within the BENQI network. This includes a voting system that allows users to have a say in the decisions made by different stakeholders and the use of QI’s native token to pay for transactions such as sending and receiving digital assets, executing smart contracts, and more. QI can be bought and sold on various cryptocurrency exchanges. This includes popular exchanges like Binance and Huobi Global. In addition, QI can also be purchased through peer-to-peer (P2P) marketplaces. Overall, BENQI (QI) is a cryptocurrency focused on providing equitable, anonymous, and high-performance transactions. It leverages an energy efficient proof of stake consensus mechanism and is used for various tasks on the BENQI network, including voting and executing smart contracts. QI can be bought and sold on various cryptocurrency exchanges, as well as through P2P marketplaces.