What is Qtum (QTUM)?

May 16, 2018 at 23:30

Coin overview
Qtum (QTUM) is a blockchain network based in Singapore that combines unique offerings of both Bitcoin and Ethereum as it bridges smart contracts on top of a stable blockchain using proof of stake for verification.

With the said process, Qtum managed to increase the range of smart contract applications especially for business and institutional purposes by adding implement tools, templates, and other plug-and-play smart contract options.

It also benefits from new developments in the Bitcoin and Ethereum communities as smart contracts built on Ethereum can easily be ported over to Qtum.

However, the network thrives in an open source platform but has a governance built right into the system making it more centralized. It has a judgement committee that decides on major blockchain related issues as well as a second term of judges that is composed of members who own the most tokens.

At present, Qtum is focused on the Asian community to support its platform as it already managed to form partnerships with two major Chinese companies.

Where to buy?
QTUM is available in major exchanges globally including Coinbase, Cex.io, Bittrex, Binance, Bitfinex, Changelly, Indacoin, KuCoin, Bleutrade,

Is it mineable?
Qtum tokens can be mined and has a total supply of 100,599,052 tokens. At present, around 88,599,052 QTUM is already in circulation.