Qitmeer Network: A Cross-Chain Blockchain with High Performance and Scalability

Qitmeer Network emerges as a high-performance public blockchain established in 2017, engineered to deliver secure and reliable services for distributed applications and finance. Its architecture combines Layer1 and Layer2 solutions, leveraging the BlockDAG data structure for smart contract execution. The platform's ambition is to bridge various blockchain ecosystems through a cross-chain container layer, supported by its exclusive MeerDAG consensus protocol. The network's core features include a layered setup with the Proof-of-Work-based Meer Network as Layer1, supplemented by high-speed Layer2 subnetworks that boost scalability and performance. The MeerDAG consensus mechanism is central to its operation, ensuring both high speed and security. Additionally, the QNG Network functions as a cross-chain hub, with the Meerlink Protocol enabling interoperability within the broader blockchain environment. Designed for diverse applications such as DeFi, GameFi, SocialFi, AIGC, and the Metaverse, Qitmeer’s native token, Meer Coin (MEER), caps at approximately 210 million units. MEER supports governance and application functionalities within its ecosystem.