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What is Qitmeer Network (MEER)?

Qitmeer is a pioneering public blockchain focused on supporting ethical finance, socially responsible investing, and Islamic finance. It seeks to unify these areas into a comprehensive financial infrastructure, promoting greater financial inclusion. Unlike competitive mining models, Qitmeer's BlockDAG approach fosters collaboration, effectively balancing security, openness, fairness, and scalability. Qitmeer utilizes a traditional Proof-of-Work (PoW) consensus and a UTXO data model. Its unique asset issuance system mandates a reserve of its native currency, aligning with core ethical finance principles.

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