How Quip Network Fits Together

Quip is easiest to understand as a chain of four pieces, where each piece exists because of the one before it. This page walks that chain once, and every other page in this section covers one link in depth.

The four pieces

1. The Quantum Unit Interlock Pathway (QUIP) is the primitive. A lockbox that releases funds only against a post-quantum signature. Everything else is built on it. See QUIP: The Quantum Unit Interlock Pathway.
2. A Quip Account is that lockbox, holding your assets. It lives on the chain you already use (Ethereum, Base, and others), so you get post-quantum protection without moving anything. See Quip Accounts.
3. QuipSwap lets two accounts trade atomically. One shared secret settles both sides of a trade, or neither. Because that works across chains, value can move without a bridge. See QuipSwap.
4. That same swap mechanism pays for quantum compute. Operators are paid through the swap, so you can request work from whatever chain your assets are on. Quantum randomness is designed to be the first product sold this way. See Quantum Randomness (QVRF).

The whole system in one diagram

flowchart LR
    SC["<b><u>Supported chains</u></b><br/>Ethereum, Base, and more"]
    JS["<b><u>Job submitters</u></b><br/>post problems with rewards"]
    OP["<b><u>Operators</u></b><br/>mine solutions on quantum<br/>and classical hardware"]
    subgraph QN["Quip Network"]
        A["<b><u>Quip Account</u></b><br/>holds your assets"]
        S["<b><u>QuipSwap</u></b><br/>settles atomic trades"]
        subgraph SUB["Subnets"]
            OPT["<b><u>Optimization</u></b><br/>Subnet 1, solves jobs"]
            RND["<b><u>Randomness</u></b><br/>Subnet 2, serves QVRF"]
        end
    end
    SC --> A
    A -->|authorizes| S
    S ==>|pays for work| SUB
    SUB -->|returns the result| S
    JS -->|submit jobs| SUB
    OP -->|mine solutions| SUB
    style SUB fill:#FFFFFF,stroke:#8B8083
    classDef quip fill:#FFEDEE,stroke:#C93A3F,color:#1A1618
    class A,S quip

The account and swap contracts are deployed onto the supported chains themselves, so your assets never leave the chain they live on. QuipSwap’s trades are sealed by the QUIP interlock, the shared-secret construction the protocol is named for; QUIP: The Quantum Unit Interlock Pathway explains it.

Unlike most Web3 platforms, Quip’s atomic swaps require no bridge. The swap carries the value between chains, so there is no bridge for anyone to attack and no third-party bridge contract for Quip to depend on.

Who pays whom

The network is a stack of participants, and every payment between layers settles the same way.

flowchart LR
    CC["Compute<br/>Consumers"] -->|USD| AD["Application<br/>Developers"]
    AD -->|"$QUIP"| ALG["Algorithm<br/>Developers"]
    ALG -->|"$QUIP"| PD["Protocol<br/>Developers"]
    PD -->|"$QUIP"| CP["Compute Providers<br/>QPU, GPU, CPU"]
    LP["Liquidity<br/>Providers"] <-->|"USD to $QUIP,<br/>via QuipSwap"| AD

Every $QUIP hop is a payment for work one layer down, and cross-chain payments settle over the QuipSwap protocol.

Where to go next