Among the cryptocurrencies that are known as the high growth indicator these days, we find the QTUM currency. Moving from $ 88 to $ 93 and moving from 15 to 14 in the encoded digital currency market only between the beginning of the writing and completion.
So what is QTUM? And how does it work? Two questions will be answered in the next lines with a description of the advantages of QTUM.
What is QTUM and How it works
What is QTUM?
It is a decentralized plucheen platform, the main blockin systems. It uses stability and PC-inspired plucchin technology and modern features of ethrium. Including Decentralized Applications (DApps), Smart Contracts (EVMs) and Etherium Virtual Machine (EVM).
How does QTUM work?
It benefits from the Unspent Transaction Output (UTXO) model and the Ethereum Virtual Machine (EVM) technology to enable companies and individuals from all over the world to create intelligent contracts easily QTUM creates a smart layer that enables EVM to analyze UTXO data.
The system uses a Proof of Stake (PoS) algorithm to validate transactions, and the metal receives a reward when it reaches a consensus in the network, which is called IPOS (Incentivized Proof of Stake).
An intelligent contract can not be terminated between two parties in the network, for example, only by the parties concerned.
QTUM Compatible with ethereum and blockchain
It Compatible with existing etherium contracts as well as petechine gates, it will maintain this compatibility even if the system has been updated.
The blockchain community and the business world were working side by side in parallel with each other, and I think QTUM is where they met. ”
Bo Shen is an administrative partner at Fenbushi Capital
“All in all, I think they will be the best team in China and Asia.”
Anthony Di Iorio, founder of etherium
“QTUM is definitely one of the projects that everyone should stay focused on.”
Roger Ver, the world’s first investor in Bitcoin Startups