Qtum (QTUM)

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QTUM (QTUM) is a cryptocurrency co-founded by Jordan Earls, Patrick Dai and Neil Mahi in 2017. It is a decentralized blockchain project that is focused on increasing the interoperability of smart contracts for businesses and institutions by bridging the technology between Ethereum smart contracts and Bitcoin’s stable blockchain.

Pronounced as Quantum, QTUM runs on the Bitcoin codebase with an additional Account Abstraction Layer (AAL) built on top. The idea of the AAL is to help run the Ethereum Virtual Machine on top of the blockchain so it is capable of running dApps. Instead of trying to develop new technology, this method combines both the tested and proven technologies of the Bitcoin blockchain with smart contracts from Ethereum. QTUM was also the first blockchain project to go live that was capable of running large scale dApps whilst using a Proof-of-Stake consensus mechanism.

As well as running dApps on top of the Bitcoin codebase, the QTUM network will also support the integration of outside data feeds via Oracles. These Oracles will be able to deliver data feeds from trusted APIs directly to the smart contracts on the EVM in order to help provide the data required for the smart contract to execute. 

The team at QTUM are largely focused on business and large-scale enterprise applications of smart contracts and aim to facilitate the transition from legacy systems over to blockchain-based solutions that increase automation and decrease costs for these enterprises. QTUM will provide the tools and knowledge necessary for the enterprises to transition to innovative blockchain solutions. However, it is important to note that QTUM has no restrictions and individuals are free to use their network also.

In this tag you can discover Qtum (Qtum) news, price prediction, opinion and analysis created by users.


Are We Seeing a Market Bottom? Weekly Gainers Overview

2 Aug 2022 1 minute read 3 comments Mike Ermolaev

The crypto market has been remarkably challenging for investors this year, with BTC and ETH prices currently down about 66% from their ATHs. June was the worst month since 2011 for both assets. There is cause for optimism in July, though, as both ass...

Earn $5 worth of crypto through learning - Binance Academy

6 Apr 2022 1 minute read 0 comments wantumeni

Binance "Learn & Earn" campaign #02 ran on April 6th, from 3:00 AM (UTC) to 2:00 PM (UTC). What is Binance Learn & Earn? Earlier this year, Binance announced its new education initiative: Binance Learn & Earn. Binance users can now learn about block...

Qtum Coin Is Geared Up And Broke Out Big Channel

31 Mar 2022 1 minute read 0 comments moon333

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BTC Is Set to Rally After a Spike in Volatility. The Top Cryptos Under $2 Billion Market Cap to Watch

28 Mar 2022 5 minute read 3 comments Mike Ermolaev

It has been a period of low volatility and price consolidation for Bitcoin markets, which has seen trading rise from $40,544 at the start of last week to the highest level of 47,408 briefly hit on March 28 and slightly down to $47,209 as I write. Thi...

Qtum (QTUM): Price Updates, Recent Developments, Future Events, Community

17 Nov 2021 2 minute read 0 comments DailyCoin

Visit DailyCoin for more articles Qtum, a general-purpose blockchain project, is undergoing a rebranding as it looks to expand its offering to a wider audience Qtum has unveiled a 30-second video of its new logo, with a change of name to come so...

The Magnificent Seven: BTG, KCS, XRP, CEL, STX, BTT, QTUM – Biggest Gainers from April 2nd to April 9th

10 Apr 2021 2 minute read 3 comments pheonixdown-dee

In this article, I will take a look at the seven altcoins that increased the most over the past seven days (April 2nd – April 9th). Note these are top gainers in top 100, there are other projects that have gained more that have smaller market caps.  ...

Alt Market Overview. March 25-31, 2021

31 Mar 2021 1 minute read 0 comments Sir Loin

The listing of the Render Token project on the Huobi exchange caused the #RNDR to grow by 45% at its peak. Technical updates that increase the speed of block formation, tested in the Qtum testnet mode, led to an increase in the #QTUM price by 30%. 1...

10 Facts About the Quantum Project

16 Mar 2021 1 minute read 0 comments Sir Loin

1. Qtum was created from a Bitcoin fork and paired with a compatible version of the Ethereum Virtual Machine (EVM). 2. It's Decentralized, Stable, and Secure. While Ethereum tries to switch to POS, QTUM implemented a Decentralized POS consensus 4 yea...

QTUM Coin | This Is Not A Drop But A Preparation For Next Insane Bullish Move

11 Mar 2021 1 minute read 0 comments moon333

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Review: QTUM and the Qtum Blockchain

20 Feb 2021 3 minute read 0 comments awkbr549

Score: B   Summary: Qtum is an open-source blockchain platform based in Singapore that combines the Unspent Transaction Output (UTXO) security protocol from Bitcoin with the Ethereum Virtual Machine (EVM) system for smart contracts using a Proof-of-S...