Qitmeer is not just a next generation open network based BlockDAG but a simplified way of understanding how blockchain and Cryptocurrency works. This is one of the problems HLC foundation discovered and intend to solve with the development of qitmeer network .
Talking about the smart Islamic Banking , smart sukuk finds etc , these are blockchain solutions the Islamic economy and the world at large needs to thrive in an interest free way of life , which in return makes life easy to live .
Qitmeer is the next generation public chain based on BlockDAG which is dedicated to serving the ecosystem of Islamic Finance, ethical finance, and socially responsible investment, thereby enhancing financial inclusion and creating social impact.
In contrast to the competition model, BlockDAG’s collaboration model in the mining achieves a desirable balance of typical blockchain metrics among the security, openness, fairness and scalability.
Qitmeer adopts a classic POW consensus and UTXO data model and designs a unique asset issuing mechanism which requires the reserve of native currency, which is in line with core ethical financial values. ( Https://qitmeer.io )
On 10-11-2019 , the HLC foundation announced the guidelines for the qitmeer network mining which will literally work on a laptop . The ./guidelines link for the mining :