17This article is about one of the world’s best-known Chinese cryptocurrency – Qtum, based on the Ethereum platform.

Qtum is a decentralized project with open source and hybrid block project. The core of the Qtum project combines bit co-production of bitcoin core and account abstraction layer (AAL). It allows the use of multiple virtual machines, including the Ethereum virtual machine (EVM). It uses PoS, which is focused on dealing with certain uses in industry. While there are tokens that are used to communicate with the decentralized application and smart contracts on the Qtum platform, these coins will also serve as a bet name on the Qtum project´s block. To this end, Qtum tries to stabilize and improve. Here are the concepts of intelligent contracts that refer to and specialize in business and its proper operation.

This project was founded by Patrick Dai and Neil Mahi, chief architect of the blockchain, and Jordan Earls, the developer. These people are in the industry of cryptocurrencies very well known and respected. Qtum has a long list of people supporting this project, such as Matthew Roszak (founder of the Bloq project), Roger Ver (ICO Rockwell / Rockwell Associate Startups), Anthony Di Iorio (Founder of the Ethereum World Platform) or Star Xu (the founder of the OKcoin cryptocurrencz).

Qtum picked up 15.6 million US dollars in the first phase before the official launch in just 17 hours. Thus, Qtum became the eighth cryptocurrency at the time of its launch, in terms of investing money before its official launch. 10 million tokens were sold out in less than 90 minutes in advance of this cryptocurrency! The sale ended with 11,156 Bitcoins and 77,081 Ethereum coins.

The two most powerful pages of Qtum are:

– Qtum is the first cryptome that introduced the protocol based on Bitcoine, but also on the Ethereum platform. Qtum has combined them. The founders’ vision was to be able to use Bitcoin’s improvement protocols while using the Ethereum virtual machine. That’s what they did.

– Qtum has one of the most respected and experienced teams in the world. The strong point is also the great support of well-known and influential people. And this will be one of the main factors that will decide the great interest and success of this great project.

Qtum is a very stable project with a great chance of success, and so we recommend it to the portfolio of each investor of cryptocurrencies! We believe that you have learned something new and we will be glad to welcome you to the next part of our series: Know your cryptocurrency! We wish you a nice rest of the day.

Zdroj: https://qtum.org/en/