Advantages

Qitmeer Network is a community-driven public blockchain that offers a developer-friendly environment. These key advantages make it competitive in terms of performance, scalability, security, interoperability, and cost-effectiveness, laying the potential for healthy ecosystem development and widespread applications.

Security

Utilizes the PoW consensus mechanism with the stable and mature Meer Keccak proof-of-work algorithm, ensuring security akin to Bitcoin.

Strong Scalability

Layer1 hierarchical network structure, compatible with EVM while enhancing network scalability, facilitating interoperability with mainstream blockchain ecosystems.

High Performance

MeerDAG consensus protocol reduces block confirmation times to seconds, handling up to 4000 transactions per second, surpassing Bitcoin by a significant margin.

Low Costs

Offers extremely low smart contract deployment fees and transaction fees, fostering convenient and cost-effective user experiences.