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What is Qubic? In short: Qubic began life as as an initalism-turned-acronym, QBC, which stands for quorum-based computation. Quorum (distributed_computing) on wikipedia Specifically, Qubic is a protocol that specifies IOTA’s solution for quorum-based computations, including such constructs as oracle machines, outsourced computations, and smart contracts. Qubic provides general-purpose, cloud- or fog-based, permissionless, multiprocessing capabilities on…

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