What is a Qubit in Quantum Computing?

[1Truthseeker]

Can someone give me a layman's explanation for the Qubit? And, like the bit, does it represent an intangible, or does it have some material quality to it?

 

[juzzy]

The bit can have 2 possible values, the qubit can have two plus a superposition of those two values. A qubit represents quantum information and information has no form, though some energy/mass is required to transfer it (eg photon).