Qubetics continues to strengthen its position in the Layer 1 blockchain space through its breakthrough in BTC abstraction, a development that enhances how Bitcoin can be utilized across decentralized ecosystems. By simplifying cross-chain interactions and improving usability, this innovation represents a meaningful step toward more connected and practical blockchain infrastructure.

Against this backdrop of technological progress and growing network participation, Qubetics has announced the appointment of Godspower Effiong as Chief Executive Officer. Having previously served as Executive Advisor, Effiong played a key role in shaping the platform’s strategic direction, ecosystem growth, and long-term roadmap. His transition into the CEO role reflects both continuity in leadership and alignment with Qubetics’ evolving vision.

About Qubetics: Advancing Blockchain Through BTC Abstraction

Qubetics is positioning itself at the forefront of blockchain innovation as the first Layer 1 network to achieve BTC abstraction, a milestone that enhances how Bitcoin interacts within decentralized ecosystems.

BTC Abstraction: Bridging Simplicity and Functionality

BTC abstraction allows users and developers to interact with Bitcoin more seamlessly within the Qubetics ecosystem. By simplifying traditionally complex processes, it improves usability while enabling more efficient cross-chain functionality. This innovation strengthens Bitcoin’s role beyond a store of value, making it more accessible for decentralized applications and broader blockchain use cases.

Interoperability Through Swift Bridge Protocol

Complementing this innovation is the Swift Bridge Protocol, a key component of Qubetics’ interoperability layer. It facilitates efficient cross-chain asset transfers, enabling smoother communication between different blockchain networks. This reinforces Qubetics’ broader focus on connectivity and scalable infrastructure.

Growing Network Strength and Participation

Qubetics’ ecosystem continues to demonstrate measurable growth and decentralization:

45 validator nodes operating across 11 countries, reflecting increasing global distribution

230 million tokens locked out of a total 1.36 billion supply, indicating strong validator and delegator participation

These metrics highlight growing confidence in the network’s staking model and long-term stability, as well as active engagement within its expanding ecosystem.

Additionally, the Qubetics token is now available on major exchanges such as MEXC, LBank, and Coinstore, enhancing accessibility, liquidity, and global market reach.

Godspower Effiong: Background and Experience

Godspower Effiong brings over seven years of experience in Web3 growth, fintech expansion, and stablecoin ecosystem development across Africa. His professional journey includes collaborations with globally recognized brands such as Ledger, Bitget, NewsCrypto, and BoundlessPay.

He is also the Founder of AGTM Partner, a firm focused on helping digital and Web3 brands expand into new markets. Throughout his career, Effiong has been a key contributor to the growth of stablecoin ecosystems across Africa, driving adoption and strategic partnerships.

His Journey Within Qubetics

Before assuming the CEO role, Effiong worked closely with the Qubetics team as Executive Advisor. In this capacity, he contributed to:

Strategic planning and long-term vision development

Ecosystem growth initiatives

Refinement of the platform’s technological roadmap

His transition to CEO represents a natural progression, rooted in demonstrated leadership and deep alignment with the company’s mission.

Conclusion

The appointment of Godspower Effiong signals more than a leadership update—it reflects Qubetics’ strategic intent to scale with continuity, technical clarity, and ecosystem alignment. With strong network fundamentals, growing global participation, and a focus on innovation such as BTC abstraction, the platform is positioning itself for sustained growth in an increasingly interconnected blockchain landscape.

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The post Qubetics Strengthens Its Layer 1 Vision with BTC Abstraction and Expanding Global Network appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ April 15, 2026 3:54 am