Qitmeer Network

Qitmeer Network is a public chain transformed from HalalChain. HalalChain's original idea was to use Consortium Blockchain to implement business applications, and in the process of implementation, ultimately decided to transform and establish the underlying public chain. Qitmeer is an innovation and exploration of classical blockchain and a step forward from chain structure to graphic structure of blockchain. Qitmeer test network is a transitional stage to the main network. On the one hand, at this period, we will introduce real miners' hashrate to test the Qitmeer network. On the other hand, we will complete the transition and mapping from HLC token (also and pmeer) to Qitmeer main network. Economic Model of Qitmeer Test Net is a transitional scheme to the main network. During test network, one pmeer minted by miners, correspondingly, one HLC token burnt. The total number of pmeer and HLC remained at 1 billion. The number of pmeer which can be minted will be directly related to the number of HLC token which are burnt. At the end of the test network, the dual-channel mapping of HLC to Meer and pmeer to Meer will be established.