More detail: https://bitscreener.com/coins/qubitcoin
Launched on Jan 12, 2014, as a CPU based digital currency, Qubitcoin (Symbol: Q2C) was under the symbol Q2C Trading Symbol. The coin has no premine, and build on new algorithms with first 1000 blocks rewarding on 1 Q2C / Qbit, CPU based mining with a total of 248 million Q2C / Qbit limit. Blocks are rewarded at 2048 Q2C / Qbit per block with halving every 60480 blocks with the block time of 30 seconds. Single hashing algorithm’s will usually pose, security risks! Because if it is compromised, the whole network can be forever compromised. Qubit’s (QBIT) multiple hashing algorithms enhance the security of the entire network by mitigating that risk, as well as the additional layer’s of complexity which backs to prevent Qubit from hacker attacks. Qubit was launched fairly with a staggered system and no coins mined before public launch which makes Qubit a very unique CPU mined coin!
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