Is there anyone that has forgotten IOTA’s (MIOTA) Qubic? You need not forget, Qubic is the next joker IOTA is bringing to the space. Researchers say Qubic is on the verge to revolutionize the finance world.
Lately, IOTA revealed that August has been very fantastic for Qubic, the team behind the idea says the month was all about cleaning up details on the Qubic programming language Abra.
“We finalized many details associated with the syntax of the language and began understanding user experience implementation aspects of the project. The results are promising and cemented our belief that we should be able to show a proof-of-concept Qubic implementation around the end of 2018.”
Qubic Documentation is Ongoing
At the moment, they have started documenting the Qubic computational model, where they will explain how an Abra program is translated into an intermediate trit-code representation that called Handy.
It will as well expatiate on how the code will interact with the Qubic Dispatcher, that is, the Qubic task and event dispatcher on Qubic-enabled nodes.
What is Qubic Handy?
What Handy does is that it encodes the Abra program into a compact trinary representation for easy packaging into a Qubic transaction and posted on the Tangle.
“Handy will have done the syntax checking and flagging of any errors in the Abra program before packaging happens, which means that any post-processing tool, like the Qubic Dispatcher, will not have to do that anymore.”
The team are working on Qubic says Abra compiler has been progressing nicely. At the moment, the latest revisions would be added to the language, while the LLVM code generation would be finalized after, thereby allowing for to run and test simple, straightforward Abra code.
A Little About Qubic
Qubic is as an initialism-turned-acronym, QBC. It stands for quorum-based computation. It is a protocol that specifies IOTA’s solution for quorum-based computations, including such constructs as oracle machines, outsourced computations, and smart contracts.
It provides general-purpose, cloud- or fog-based, permissionless, multiprocessing capabilities on the Tangle.
The reason for inventing Qubic is to allow people to leverage world-wide unused computing capacity for a myriad of computational needs, at the same time, helping to secure the IOTA Tangle.