QTUM
Reputation Ratings

QTUM

Qtum 5-10 years
Cryptocurrency
Website https://qtum.org/
Browser
OTH RELPs
Github
White Paper
QTUM Avg Price
+1.67%
1D

$ 2.451 USD

$ 2.451 USD

Market Cap

$ 252.265 million USD

$ 252.265m USD

24h trading volume

$ 34.927 million USD

$ 34.927m USD

7d Vol

$ 204.262 million USD

$ 204.262m USD

Circulating supply

105.026 million QTUM

Related information

Issue Time

2017-03-16

Platform pertained to

--

Current price

$2.451USD

Market Cap

$252.265mUSD

Volume of Transaction

24h

$34.927mUSD

Circulating supply

105.026mQTUM

Volume of Transaction

7d

$204.262mUSD

Change

24h

+1.67%

Number of Markets

265

Github Messages

More

Warehouse

None

Github's IP Address

[Copy]

Codebase Size

0

Last Updated Time

2020-05-25 03:39:23

Language Involved

--

Agreement

--

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QTUM Price Chart

Introduction

Markets

3H

+0.09%

1D

+1.67%

1W

+9.35%

1M

+0.37%

1Y

-24.03%

All

-61.36%

AspectInformation
Short NameQTUM
Full NameQtum Cryptocurrency
Founded year2016
Main FoundersPatrick Dai, Neil Mahi, and Jordan Earls
Support ExchangesBinance, Huobi Global, OKEx, etc.
Storage WalletQtum Core Wallet, Qtum Web Wallet, Qtum Mobile Wallet, etc.

Overview of QTUM

QTUM is an open-source blockchain and cryptocurrency developed and published by the QTUM foundation. It was conceived in 2016 by Patrick Dai, Neil Mahi, and Jordan Earls. The project combines the blockchain paradigm of both Bitcoin and Ethereum into a business-friendly blockchain. Unlike Bitcoin, which is a strictly peer-to-peer cryptocurrency, and Ethereum, which added smart contract functionality, QTUM attempts to marry the reliability of Bitcoin's unfailing blockchain with the infinite possibilities provided by smart contracts designed in the Ethereum blockchain.

As a result, QTUM serves as a stable and efficient platform for decentralized applications (dApps), while also incorporating the secure and robust nature of Bitcoin. QTUM coins, also known as Quantum, are the native utility tokens of the platform and are used as a staking mechanism in its consensus model.

You can buy and store QTUM on various exchanges and wallets. They're listed on several leading cryptocurrency exchanges like Binance, Huobi Global, and OKEx where they can be traded. They can be stored in the official QTUM Core Wallet, or the Qtum Web Wallet and Qtum Mobile Wallet for easier accessibility and convenience.

cover

Pros and Cons

ProsCons
Merges Bitcoin's stability with Ethereum's smart contractsRelative new entrant in competitive blockchain space
Native utility tokens used for stakingComplex technology may hinder mainstream adoption
Listed on several leading exchangesDependent on the performance and security of two different blockchains
Multiple wallet options for storageMarket volatility can impact value

What Makes QTUM Unique?

QTUM integrates the best elements of Bitcoin and Ethereum to create a novel blockchain platform. From Bitcoin, QTUM borrows its highly stable UTXO transaction model and adds the smart contract layer from Ethereum, which are complemented by its native Proof-of-Stake (PoS) consensus mechanism. This combination allows for a greater degree of reliability in transactions while also providing a platform for the development and execution of complex smart contracts.

QTUM's unique approach lies in its Account Abstraction Layer. The Account Abstraction Layer essentially serves as a bridge between the Bitcoin UTXO model and Ethereum's EVM (Ethereum Virtual Machine), enabling the functionality of both to coexist in a harmonized environment. Through this system, QTUM brings developer-friendly smart contracts into a stable blockchain environment.

uniqueness

How Does QTUM Work?

Qtum(QTUM) is a hybrid blockchain platform that combines the best features of Bitcoin and Ethereum. It uses Bitcoin's UTXO model for transactions and Ethereum's EVM for smart contracts. This makes Qtum a more secure and efficient platform for developing and deploying smart contracts.

Circulation

Exchanges to Buy QTUM

QTUM tokens can be purchased and sold on several prominent cryptocurrency exchanges, which support numerous currency pairs. Here are four such exchanges and some example of currency or token pairs they support:

1. Binance: This platform supports trading pairs such as QTUM/BTC, QTUM/ETH, QTUM/USDT, and others.

2. Huobi Global: This exchange allows trading with pairs like QTUM/USDT, QTUM/BTC, and QTUM/ETH.

3. OKEx: Here, you can trade with pairs such as QTUM/USDT, QTUM/BTC, QTUM/ETH, among others.

4. Bithumb: Offers pairs such as QTUM/KRW which caters to South Korean users by allowing them to trade the token against the local currency.

How to Store QTUM?

QTUM tokens can be stored in a variety of wallets. It is advisable to use wallets that are officially recognized and recommended by the QTUM team for maximum safety and reliability. Here are the main types of QTUM-supporting wallets:

1. QTUM Core Wallet: This is the official desktop wallet provided by QTUM. It's a full node wallet, which means that users who choose this option are downloading the entire QTUM blockchain to their desktop. This might require significant computing resources, but it also gives the user a high degree of control over their assets.

2. Qtum Web Wallet: This is an internet-based wallet, which provides the convenience of being able to access your QTUM tokens from any device with an internet connection.

3. Qtum Mobile Wallet: Designed for Android and iOS, these wallets allow users to manage their QTUM tokens from their smartphones, offering the advantage of accessibility and convenience.

4. Third-Party Wallets: Besides the official QTUM wallets, several third-party wallets also support QTUM, offering a range of features. Examples include hardware wallets like Ledger and Trezor, which are physically secure devices designed exclusively for storing cryptocurrencies. Another popular option is the multi-currency Qbao wallet.

Wallets

User Reviews

More

10 ratings

Participate in evaluation
Junkcoin
2023-12-17 17:13
4
Dory724
qtum Bridges the gap between Bitcoin and Ethereum. Decent project, but faces competition in the smart contract space.
2023-11-20 17:37
6
leofrost
Qtum (QTUM) is a blockchain platform that combines the security of Bitcoin's UTXO model with the flexibility of the Ethereum Virtual Machine (EVM). It aims to facilitate the development of decentralized applications (DApps) and smart contracts while maintaining compatibility with existing blockchain ecosystems. Qtum's Proof-of-Stake consensus mechanism enhances scalability and energy efficiency. The project focuses on bridging the gap between blockchain technology and real-world business applications, offering a robust platform for enterprise solutions. Monitoring Qtum's partnerships, technological advancements, and adoption in both blockchain and business sectors can provide insights into the ongoing significance of the platform.
2023-11-30 22:12
3
FX1604847011
Quantum (QRL) is an intriguing token to invest in, packed with high-tech quantum-resistant offerings. Yet, the problem is, it's still under recognized. So, potential potential but low liquidity.
2024-03-13 15:44
7
FX1908958143
Quantum Chain has a user-friendly interface, easy to use but the withdrawal/deposit speed is a bit slow. The transaction fee is also acceptable.
2024-02-07 16:27
3
Windowlight
Qtum's combination of Bitcoin's security and Ethereum's smart contract capabilities makes it a versatile blockchain platform with potential applications across various industries.
2023-12-22 00:42
1
Dazzling Dust
Qtum serves as a versatile blockchain aiming to tackle four key challenges identified in BTC and ETH platforms: interoperability, governance, the inflexibility and costliness of proof-of-work mechanisms, and the challenge of integrating smart contracts with real-world applications. By addressing these issues, Qtum strives to provide a more adaptable and practical blockchain solution for a variety of use cases.
2023-11-29 05:39
7
Ugonna421
Qtum's integration of smart contracts with a proof-of-stake consensus mechanism is innovative. The platform's focus on bridging the gap between Bitcoin and Ethereum showcases its versatility.
2023-12-25 19:30
7
Jenny8248
QTUM aims to combine the best of both Bitcoin and Ethereum, utilizing a Proof-of-Stake consensus mechanism and the Ethereum Virtual Machine.
2023-12-05 00:32
5
lee97479
The interface design of Quantum Link is complex and unfriendly, which is really confusing at first. Furthermore, the withdrawal speed is really disappointing, and I often cry while waiting.
2023-10-19 19:12
3