Presentation and definition of the crypto-currency Qtum (QTUM)

Presentation and definition of the crypto-currency Qtum (QTUM)

  • Name of the crypto-currency : Qtum
  • Acronym : QTUM
  • Where to buy QTUM ? Binance, Bitbay
  • Creation Date : 2017
  • White paper of QTUM
  • Web Site

Qtum : presentation

Qtum is an open source protocol based on the consensus PoS, proof-of-stake delegate. It is a application blockchain hybrid that’s powered by a technology that combines a fork of Bitcoin Core and an optimized version and more advanced process Ethereum.

The ICO for the launch of Qtum

Qtum, which is pronounced “Quantum” has been designed by professionals from the blockchain, following an ICO ( Initial corner offering). Their fund-raising to launch their network has been a real success since it has helped raise more than $ 15 million in just a few days in may 2017. The tokens, QTUM are limited in issuance to 100 million units. 51% of the chips have been sold to investors, 20% were kept for the teams of operation and the remaining 29% are earmarked to finance community-based initiatives. The Qtum is a currency called ERC20, that is to say, the value of which is based on the crypto-currency, Ethereum.

Smart contracts

The protocol Qtum allows you to make smart contracts to adapt to the requirements of each company and create apps totally decentralized. The blockchain is based on the consensus PoS, proof-of-stake delegate, which is much more rapid and economical than the proof of work used by Bitcoin. Qtum provides a functioning much more respectful for the environment by significantly reducing the energy resources required to operate the network.