(qubitcoin cc 2017)
Single hashing algorithms will often pose, security risks! Due to the fact that if it is compromised, the whole network runs the risk of being permanently compromised.
Qubits (QBIT) multiple hashing algorithms increase the security of the entire network by not only mitigating that risk, but also the additional layers of complexity, help prevent Qubit from hacker attacks.
Along with the fact that Qubit was launched fairly with a staggered system and no coins mined before public launch. Making Qubit a very unique CPU mined coin!
QubitCoin was founded in 2014, it is not trading on any exchanges. QubitCoin was added to the dead coins list due to Abandoned or No Volume. Founder/CEO is Unknown.