Introduction

Qitmeer Network is a high-performance public blockchain based on the revolutionary MeerDAG consensus protocol.It aims to provide secure, reliable services for distributed applications and the financial ecosystem, fostering decentralized networks and societal openness.

Operating on a Layer1 + Layer2 architecture, Qitmeer utilizes the BlockDAG consensus protocol as its "engine", enabling rapid execution of smart contracts and interconnecting the entire blockchain ecosystem via a cross-chain container layer.

This setup maximizes BlockDAG's transaction concurrency while ensuring network scalability. It establishes an independent environment for smart contracts and sets the stage for additional containers. This integration offers an efficient scaling solution, addressing the blockchain impossible triangle problem by striking a perfect balance among security, decentralization, high performance, and scalability.