Qtum allows developers to build decentralized applications that simply work and are executable on mobile devices, compatible with major existing blockchain ecosystems
Qtum [pronounced Quantum] provides a Turing-complete blockchain stack, able to execute smart contracts and decentralized applications, comparable to the Ethereum blockchain. However, in contrast to Ethereum, Qtum is built upon Bitcoin’s well-established UTXO transaction model and employs a Proof-of-stake consensus mechanism that is more practical for business adoption. These augmentations have far-reaching implications for the utility of the Qtum blockchain.
“Qtum aims to establish an array of services, designed to bridge the still existing gap between blockchains and the business world. These include tools and methods to standardize the workflow of business smart contract development, and a hub of tested and verified smart contract templates, addressing various specialized business use cases. ”Buy & Sell
- Technically a Bitcoin Fork. Inherits some similar limitations.
- Marketing is lacking. Plenty of working products and Dapps but with little marketing to support
- Scaling issues. Currently only capable of 70 Transactions Per Second (March 2018). Can be improved in the future, though.
Powered by the Qtum Network. Can be stored on any compatible wallet e.g Qtum Core
• Ticker: QTUM
• Total Supply: 100,473,128
• Circulating Supply: 88,473,128
• Token Use: Fees & Dapps.