Abstract

In this paper, we study the Quanta digital crypto currency using binomial, Poisson distribution and application in C++. The initial coin offerings price is 0.50 USD. The circulation of the Quanta digital currency is expected in September 2021 at www.crypto.com after a crypto currency license is obtained. The market capitalization of the new digital currency or market price multiplied by the units is expected to be 950 trillions GBP in 5 years. We are expecting to see a tremendous rise in the price during the first 5 years due to traders and crypto mining interactions. In addition, we expect a tremendous rise of the total market capitalization during the period 2021-2025. The steps needed to create and launch the new digital currency are blockchain platform, design the nodes, blockchain internal architecture, integrate API such as blockcypher or tierion and design the interface by issuing a license. Our analysis is based on probabilities of success and failure or gains or losses using the Poisson and the binomial probability distribution. We are comparing the probability against a random variable. The Poisson distribution is a discrete probability distribution that can either be used in its own right, or as an approximation to the binomial distribution when the number of trials, n, is very large and the probability of ‘success’, p, is very small. In contrast, the binomial distribution can be derived from a situation which involves the repetition of an event which has only two possible outcomes such as success or failure, gains or losses.

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