KNB is the primary cryptocurrency of Qbit Networks.
Qbit Networks is built using the KNB Cryptocurrency and will serve as the primary currency for all payments and transactions executed on the Qbit Network Ecosystem.
The application of Qbit Networks will take user experience to the next level.
Qbit is perfect for sending and receiving payments through high transaction speed, and low fees. On Qbit Networks, transaction speed takes less time than others and very low fee.
The main utility of the KNB on Qbit Networks is to secure the network via a Proof-of-Authority. With PoA, and friendly environment.
Qbit Networks is a fully decentralized autonomous ecosystem, any decision regarding the network is carried out by governance. With governance, stakers can propose and vote for changes and improvements.
KNB is used for network fees, such as transaction fees and fees to deploy smart contracts or to create new networks.
