Qitmeer is a new generation of global public chain supported by Block DAG technology, and also the first public chain focusing on Financial inclusion and ethical finance. The collaborative accounting model of BLOCK DAG is superior to the traditional chain node competition accounting model, achieving a reasonable balance of security, openness, fairness, and scalability. Adopting the classic POW consensus and UTXO data model, we have created a unique token issuance mechanism based on underlying currencies and requiring review, which aligns with the philosophy of equal finance.Pmeer is a token of the Qitmeer Medina Network, without pre mining or ICO. All tokens are generated by POW mining, with an average block out time of 30 seconds. Each block is rewarded with 120 Pmeers. After the Qitmer main network is launched, all tokens will be mapped to the main network.
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