We present a complete guide to understanding Quantum (QTUM) Crypto and it’s technology in the field of cryptocurrency development. We include helpful explanations, illustrated guides, historical data, and technical details. This article is brought to you by Digital Financial Market
Quantum (QTUM) Cryptocurrency
The Blockchain Cryptocurrency QTUM (Pronounced Quantum) is a platform that combines key features of the Proof-of-Stake consensus of Bitcoin and Ethereum. This unique approach was coined Mutualized Proof of Stake (MPoS), which has an added security measure for validators, also called data miners.
QTUM is the signature cryptocurrency for the Network, and uses a unique software technology called Account Abstraction Layer (AAL) to create tools and transactions with the benefits of Bitcoins transaction interface (UTXO) and VMs similar to Ethereum’s Virtual Machines (EVMs).
Key Points of Quantum Crypto
- Combines Features of Bitcoin and Ethereum
- Novel Proof method, called Mutualized Proof-of-Stake (MPoS)
- Uses unique software coined Account Abstraction Layer (AAL)
- Independent Blockchain Network
Quantum (QTUM) Price Chart
Quantum (QTUM) Historical Price Chart
History of Quantum (QTUM) Crypto
The Quantum QTUM Blockchain was founded by a Singapore based non-profit, Qtum Foundation. The project began in 2016 and was intended to provide an alternative solution to key differences in Ethereum and Bitcoin.
In 2017, Quantum had launched an Initial Coin Offering (ICO) of 51% of all its QTUM coins as a public sale to raise funds to develop the project.
Quantum Crypto Pros
- Its own independent blockchain
- Has thousands of validators (data miners)
- Combines best features of Bitcoin and Ethereum
QTUM Cons
- Not natively integrated for BTC, ETH, BNB.. Networks
- Has been known to fork for critical upgrades
- Limited adoption, not as popular as ETH or BTC
Quantum (QTUM) Community Blog
The QTUM website hosts a blog-style community update where users can share their thoughts on relevant topics for Quantum. This includes sharing thoughts on subjects such as Announcements, Staking, Developer Updates, Conferences, NFTs, Rewards, and even a Meme sharing contest.
See Quantum (QTUM) Official Blog
Quantum (QTUM) Crypto FAQ
What Is QTUM Crypto?
What Is Quantum Coin?
What Is Quantum Cryptocurrency?
QTUM Crypto Analysis
QTUM Coin Explained
Is QTUM A Good Investment?
Is QTUM Similar to Ethereum?
Is QTUM Similar to Bitcoin?
Image Source: A Detailed Analysis of QTUM Cryptocurrency – Coinsutra.com