Qitmeer is a new generation of global public chain supported by Block DAG technology, and it is also the first public chain focusing on inclusive finance and ethical finance. BLOCK DAG's cooperative accounting model is superior to the traditional chain node competition accounting model, achieving a reasonable balance of security, openness, fairness, and scalability. Using the classic POW consensus and UTXO data model, it has created an original token issuance mechanism based on the underlying currency and needs to be audited, which fits the philosophy of equal finance.
Pmeer is the token of Qitmeer Medina Network. There is no pre-mining and no ICO. All tokens are generated by POW mining. The average block time of the network is 30 seconds. Each block rewards 120 Pmeer. Mapped to the main network.