Qtum (QTUM) is a blockchain platform built on Bitcoin and Ethereum technology. Launched in 2017 by a team based in China and Singapore, Qtum combines the advantages of two popular cryptocurrencies, such as the ease of use of Bitcoin and the flexibility and functionality of Ethereum.
The main goal of Qtum is to provide infrastructure for creating decentralized applications (DApps) and smart contracts based on the blockchain. Qtum supports programming in the languages Solidity, which is used by developers on Ethereum, and C++, in which programs for Bitcoin are written.
To ensure the security of transactions and smart contracts, Qtum uses the Proof of Stake (PoS) consensus algorithm. QTUM holders can stake their coins as collateral and receive rewards for maintaining the network.
In addition, Qtum has additional functionality such as integration with Lightning Network technology for microtransactions and the ability to create decentralized applications that can run outside the blockchain network.
QTUM is a token of the Qtum network and is used to pay transaction fees and rewards for maintaining the network.
Useful links:
- Project website
- White book
- Bitcointalk
- Medium
- Telegram
- GitHub
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