Qtum is a platform that unites the performance capabilities of Bitcoin’s UTXO model with the EVM (Ethereum Virtual Machine). The Qtum platform allows users to create and interact with decentralized smart contracts, while taking advantage of the UTXO models scalability. Qtum is also building a new virtual machine that would allow developers to program smart contracts in Rust that will operate alongside the EVM.
The Qtum network is maintained by peer-to-peer node operators that utilize a proof-of-stake consensus mechanism.
The QTUM blockchain has its own token called Qtum.
The Qtum Foundation organization is registered in Singapore and was established in 2016. Qtum’s founders are Patrick Dai, Jordan Earls, and Neil Mahi. The Qtum team consists of more than two dozen developers. Most of them are from China, Europe, and the United States. QTUM has many well-known people among its backers like Anthony Di Iorio, Xiaolai Li, Star Xu, Jeremy Gardner, and others.
Let’s say you want to buy QTUM. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy QTUM.