Exchange QLC Chain

What is QLC Chain (QLC)?

QLC Chain (QLC) is a decentralized blockchain platform designed to transform the telecommunications industry with its innovative solutions. Founded by Allen Lee and Susan Zhou, the platform was launched in 2018 to provide a Network-as-a-Service (NaaS) solution, integrating public chain, public-it-interfaces, virtual machine, and smart contracts.

QLC Chain project milestones

• Launch of Testnet (2018): The initial test network went live, enabling developers to interact with QLC Chain and the community to evaluate its performance.
• Mainnet Release (2018): Shortly after the testnet, QLC Chain launched its mainnet, allowing for real transactions and smart contract executions.
• QLC Staking Introduction (2019): Staking became available, inviting users to participate more dynamically in network security and governance.
• Partnership with Montnets (2020): A significant strategic partnership aimed at exploring blockchain solutions for telecommunication networks and operations.
• Integration with Neo (2021): Contributing to a wider ecosystem, this integration allowed interoperability and access to Neo's suite of tools and resources.

Stay updated with the latest QLC Chain (QLC) news, as any update may significantly affect the QLC price.

Tokenomics of QLC

QLC is built on the Neo blockchain, leveraging its capabilities to offer unique telecommunication services. The primary purpose of the QLC issuance is to facilitate transactions and services within the network, offering utility and governance functionalities. Being a utility token, it operates within the QLC Chain network with a total supply of 600 million tokens.

Key features of QLC Chain (QLC)

QLC Chain is distinguished by its comprehensive approach to decentralized communication solutions. This appeal makes it worth exploring further. Key features of QLC Chain include:

• Decentralized Network-as-a-Service (NaaS): Fosters a decentralized environment for service providers and consumers to interact directly without intermediaries.
• Hierarchical Design: Features a unique multi-layered structure facilitating scalability, and efficiency, making it ideal for complex network services.
• Smart Contract Capabilities: Enables automation of agreements and protocols, enhancing operational accuracy and security.
• Cross-Chain Compatibility: Increases interoperability with other blockchain ecosystems, thereby expanding its utility and enabling broader use-case scenarios.

Use cases for QLC Chain include:

• Leveraging blockchain for secure and transparent telecommunication services.
• Deploying decentralized apps (dApps) for network services automation.
• Utilizing QLC for staking to earn rewards and support network security.
• Facilitating cross-network transactions in a decentralized manner.

The average fees on the QLC Chain Network

The average transaction fees on the QLC Chain Network are designed to be cost-effective, typically around 0.01 QLC, which is approximately equivalent to $0.05 USD, making it an economical choice for network users.

The QLC token wallets

• Neon Wallet: An open-source cross-platform light wallet designed for the Neo blockchain, supporting QLC tokens.
• O3 Wallet: A user-friendly mobile wallet providing secure management of QLC Chain tokens.
• QLC Wallet: The official web wallet by QLC Chain, offering dedicated features for QLC management.
• Ledger Nano S: A hardware wallet providing robust security for storing QLC Chain tokens offline.
• Atomic Wallet: A multi-currency wallet supporting QLC, allowing for seamless cross-chain conversions.

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