Quebecoin (QBC) Explained: What It Is, Tech Details, and Why It’s Abandoned

When you hear the name Quebecoin, you might picture a regional digital cash system for the province of Quebec. In reality, it’s an almost forgotten proof‑of‑work altcoin that launched in 2014 and has barely any activity today. This guide walks you through what Quebecoin actually is, how its tech works, why the market has left it behind, and what the lack of activity means for anyone curious about buying or mining it.

Key Takeaways

• Quebecoin (QBC) launched in April 2014 as a proof‑of‑work cryptocurrency tied to Quebec, Canada.
• It is classified as an abandoned coin with virtually no trading volume or active development.
• Current price hovers around $0.0011 USD with a market cap of roughly $6 K.
• There are no major exchanges, wallets, or mining pools supporting QBC today.
• For most users, Quebecoin is a cautionary example of early altcoins that failed to gain traction.

What Is Quebecoin (QBC)?

According to CryptoSlate, Quebecoin is a proof‑of‑work cryptocurrency that was originally launched in April 2014. It was marketed as a regional digital asset for the province of Quebec, aligning with a wave of location‑specific coins that appeared during the 2013‑2014 crypto boom.

Technical Foundations

The coin runs on its own Blockchain using a traditional proof‑of‑work consensus. The algorithm is similar to early Bitcoin implementations, meaning miners must solve hash puzzles to add blocks. No major updates have been released since the initial code commit in 2014, and the source repository shows a last commit dated June 15 2014.

Key technical metrics (as of October 2023) include:

• Block time: roughly 2 minutes
• Maximum supply: about 10 million QBC
• Circulating supply: reported between 6.7 M and 8.8 M QBC depending on the data source
• Consensus: Proof of Work

Market Performance and Price History

Price data from CoinMarketCap and CryptoSlate shows QBC trading around $0.0011 USD. The 24‑hour trading volume is essentially zero - CryptoSlate lists $3, while CoinMarketCap reports $0. That tiny volume translates to a market capitalization of roughly $6 K, a fraction of even the smallest active altcoins.

Technical analysis on Coinlore (Oct 25 2023) highlighted weak momentum: RSI 47, ADX 54 (sell signal), and a Bollinger‑Band range of $0.00109‑$0.00119. These numbers confirm that the coin lacks buying pressure and is prone to further price decay.

Why Quebecoin Is Considered Abandoned

Multiple sources label Quebecoin as an abandoned project. The evidence is clear:

• No code commits after 2014.
• No official road‑map or community updates for nearly a decade.
• Major Crypto Exchanges do not list QBC; even niche exchanges stopped supporting it around 2018.
• Wallet providers such as Exodus, Trust Wallet, and Ledger lack any QBC integration.
• Mining pools have zero hash rate; MiningPoolStats shows no active pools for QBC.

In short, the ecosystem that keeps a cryptocurrency alive - developers, exchanges, wallets, and miners - all disappeared. That leaves Quebecoin as a “zombie coin”: technically existent but economically inert.

Practical Considerations: Buying, Storing, or Mining?

If you’re wondering whether Quebecoin is worth your time, the short answer is no. Here’s why:

1. Buying: No reputable exchange lists QBC, so acquiring it would require finding a private seller on obscure forums, which is risky.
2. Storing: There are no mainstream Wallet apps that support QBC. You would need to download outdated client software from the original website, which now shows a parked domain.
3. Mining: With a price of $0.0011 USD, the reward per block is far below electricity costs. Even if you could join a pool, the expected return would be less than a cent per day.

Overall, the effort outweighs any potential gain, and the lack of community support means you’d be on your own for troubleshooting.

How Quebecoin Stacks Up Against Major Altcoins

The table makes it clear why Quebecoin is effectively invisible compared to the industry leaders. Its market cap is less than a coffee shop, and there’s zero developer activity.

Checklist: Evaluating an Obscure Coin

Before you chase a low‑profile token, run through this short checklist. If a coin fails most items, consider it a red flag.

• Is the source code updated within the last 12 months?
• Does the project have an active community on Reddit, Discord, or Telegram?
• Are there reputable exchanges listing the token?
• Is the consensus mechanism still secure and widely understood?
• Do wallets and mining tools officially support it?
• What is the 24‑hour trading volume? Low volume (< $10 K) often signals poor liquidity.

Quebecoin fails every point on this list, reinforcing its status as a cautionary case.

Frequently Asked Questions