D'Academy

Welcome to D’Academy Page. Its provided for non technical members of the community to help them understand the complex topic of public blockchain.

Getting started

Yes! its possible you are new, it doesn’t matter if you are a beginner to blockchain or mining?
No worries, We Are Here To Help you.

Learn what you stand to benefit with the highlights below:
#1. Just with  a laptop or desktop on any OS, You can produce QnodeCoin ($QNC) via Masternode.
#2. You can also produce new coins on the blockchain by mining with suppported CPU/GPU & ASIC Hardwares.
#3. Currently, QnodeCoin is listed being on HUBS & pools are being created: This removes the barrier of PC and Hardware mining and it gives you the option of shared masternodes or mining pool by concensus.
#4. In the future upgrade, users can use QnodeCoin for peer-to-peer vending for payment settlements on vendorshub.
Learn More details at GIT-WIKI

To begin, You must start by installing the QNC wallet to your Laptop or Desktop.
Click and Go to Wallet Section and download your applicable wallet (chose your OS correctly)

QnodeCoins can only be bought on listed exchanges (CEX & DEX). Only community members who mines on the blockchain can make QNC available for public purchases through a variety of exchanges where its listed. QnodeCoin is trading on CEX and on DEX.

QnodeCoin is deployed on Waves.Exchange. This is intended to make QnodeCoin available for DEX users. The coin can only get on the HYBRID EXCHANGE via GATEWAY PORT.
Visit: GATEWAY FOR PORTING

PoW Mining in the context of digital assets such as Qnode currency that runs on it’s native blockchain, refers to the process of solving cryptographically difficult problems as a method of adding transaction records to it’s public ledger of past transactions.

Mining is the mechanism for generating new qnodecoins. Miners are rewarded a percentage of the total coins mined per block which in addition to rewards for masternode owners per block mined serves the purpose of disseminating new coins in a decentralized manner as well as motivating people to provide security for the system. Learn More details at GIT-WIKI

Master-nodes (MN) are the chief coin producer elements of the QNC network. More like a privately owned savings account (you put 20,000 QNC as collateral into an address, and in return you are rewarded with regular interest as the masternode on the network provides a proof of service layer to the Qnode blockchain). On the other, Master-nodes are what help secure the community and relay transactions across the network.
How to Set up a MN on QNC

QNG overall goal is to build a community of vendors who chooses to use and accept QNC as settlement currency starting  in Nigeria, Indonesia etc. We are a small community of vendors who are passionate to make do with the QnodeCoin.
Vendors will accept QNC at Point of Sale via P2P platforms.

About Qnode

The Qnode Blockchain is built to be a Decentralized Autonomous Organization (DAO), ran by it's subset of users, which provides a Proof of Work functionality (mining) and a Proof of Service functionality called "master-nodes". The currency can permits privacy of transactions.

QnodeCoin is an open source PoW (X11) based cryptocurrency with MIT License, built for vendors use for p2p digital payments and mining only, while we explore for other utilities.

Coin Specification

Basic Details

Coin name: QnodeCoin
Ticker symbol: QNC
Algorithm: PoW (X11)
Starting B-Reward: 50 QNC
Block time: 300 Seconds

PoW Maturity: 50 Minutes
MN collateral: 20,000 QNC
Total Supply: 24,624,000 QNC
Subunits: 0.000000001 Nodelet
RPC/P2P Port: 20611 / 20612

Consensus (PoW+MN)

Premine/Swap: 3,600,000 QNC
Block Halving: Every 210,240 BH
Block Share: 55%(MN); 35%(Mining)
Super Block: 10% (Treasury)
Avg. Block Per Day: 288 blocks

Planned Progress

Tokenized project on wavesplatform
Issued Asset: QCASH (2018 - 2019) 100%
Official Launch of QNC Blockchin in Q1, 2020
Product Core-Wallets & Explorer 100%
Andriod (Qnode) Multi Wallet
P2P Mobile Wallets for Andriod Users in Q2 100%
Buzzin Marketing in Q2
Communty Expansion Marketing 90%
Swap, Exchanges, Hubs & Bot integration (Q1-Q2, 2020)
Telegram Bot (Done), Exchanges (Inprogress) Q1 - Q2 80%
QNC (v2.0) UPGRADE in Q2/Q3, 2020
Upgrading to X11 (0.14 source) Protocol
Dex Iteration Gateways in Q2-Q3, 2020
Interoperability with Waves (Q2) & Turtle Network (Q3)
Electrum Wallet upgrade to v2.0 in Q1, 2021
P2P Mobile (Android & iOS) Wallet
Outsourcing for Native exchange & Launch
Quone Native Exchange in Q2 - Q3, 2021
Building Vendors Community & Instant Exchange Partnerships in Q2/Q3, 2021
Launch of Vendors hub
Integrating SMS Payment, More Development & Partnerships (Q4, 2021)
More Development

Frequently Asked Questions

A blockchain is a growing list of records, called blocks, that are linked and stored using cryptography. Each block contains a cryptographic hash of the previous block, a timestamp, and transaction data. By design, a blockchain technology is resistant to modification of the data (i.e. its immutable). These records are combined into blocks and cryptographically & sequentially linked together in a “chain” using complex mathematical algorithms.
Cryptocurrency is a form of digital money that is designed to be secure and, in many cases, anonymous. Its the first publicly know use case of the blockchain technology. It is associated with the internet that uses cryptography, the process of converting legible information into an almost uncrackable code, to track purchases and transfers.
Crypto-currencies are known for being secure and providing a level of anonymity. Transactions in them cannot be faked or reversed and there tend to be low fees, making it more reliable than conventional currency. Their decentralized nature means they are available to everyone, where banks can be exclusive in who they will let open accounts. As a new form of cash, the cryptocurrency markets have been known to take off meaning a small investment can become a large sum over night. But the same works the other way. People look to invest in cryptocurrencies should be aware of the volatility of the market and the risks they take when buying. article source
Master-nodes are nodes running the same wallet software on the same blockchain to provide extra services to the network. And for providing such services, all the available masternodes shares in the reward for each block.
Use the following instructions to create a backup of your wallet.
1) Close your wallet.
2) Open the folder “%APPDATA%\qnodecoin\”.
3) Copy the file “wallet.dat” to a safe location.
Use the following instructions to export the private key of an address in your wallet.
1) Open the console of your wallet.
2) Unlocking your wallet is only required when you encrypted your wallet with a password. Unlock your wallet using the following command: walletpassphrase yourpassword 60 Replace the text “yourpassword” with the password used to encrypt your wallet. The number 60 is the amount of seconds your wallet is unlocked. Example: walletpassphrase topsecretpassword 60
3) Export your private key using the following command: dumpprivkey yourwalletaddress –Replace the text “yourwalletaddress” with an actual wallet address. Example: dumpprivkey TQhPf7kn6mDvi7CQVqdktP4dBgqRkugu6s Example output: VZt9WMWuJF5zbTCJSuX9cwZdtuMzPhz7EkAZUFBxsvak33wg8Kvr
Use the following instructions to import the private key of an address in your wallet.
1) Open the console of your wallet.
2) Unlocking your wallet is only required when you encrypted your wallet with a password. Unlock your wallet using the following command: walletpassphrase yourpassword 60 Replace the text “yourpassword” with the password used to encrypt your wallet. The number 60 is the amount of seconds your wallet is unlocked. Example: walletpassphrase topsecretpassword 60
3) Import your private key using the following command: importprivkey yourprivatekey Replace the text “yourprivatekey” with your private key. Example: importprivkey VZt9WMWuJF5zbTCJSuX9cwZdtuMzPhz7EkAZUFBxsvak33wg8Kvr
Use the following instructions to restore a backup of your wallet.
1) Close your wallet.
2) Open the folder “%APPDATA%\qnodecoin\”.
3) Make an (extra) backup of the file “wallet.dat”.
4) Copy the file “wallet.dat” from your original backup to the folder “%APPDATA%\qnodecoin\”.