QED is a native execution layer for Bitcoin, crafted to tackle Web3 development hurdles. It offers a scalable, secure, and user-centric platform, catering to both developers and users across various applications including DeFi and NFTs. QED supports decentralized applications that allow local transaction proofs, ensuring fixed gas fees for unlimited computation. It introduces 'smart signatures', akin to smart contracts, enhancing user interaction and security within the blockchain ecosystem.