From scam to enormous potential industers - Qtum

The first: introduction of QTUM quantum chain

The Quantum Blockchain (Qtum) is dedicated to the development of a third blockchain ecosystem beyond bitcoin and Ethereum (many people disdain), and is committed to expanding the application boundaries and technology boundaries of blockchain technology. , so that ordinary Internet users can feel the value of blockchain technology.
Qtum is an independent blockchain platform that can deploy smart contracts on mobile and IoT devices, and uses smart contracts and other technologies to adjust the blockchain network parameters.
Listed exchanges: Forty trading platforms such as OKEX, Upbit, Coin, and Firecoin.
Project Overview: To connect the real business community with the blockchain world

Second: Interpretation of QTUM White Paper

Quantum has both the stability of Bitcoin and the flexibility of Ethereum's virtual machines. Through innovation (consensus mechanism POS and better protocols), the two communities are maximally compatible. This is a very smart entry point and can simultaneously absorb developers on both platforms.

1, build a trusted decentralized application

The merger of Bitcoin's core infrastructure and highly compatible Ethereum virtual machine versions is intended to be the most important tool for the development of trusted decentralized applications, as well as for real-world business environment use cases.

2, commercialized smart contracts

Create exclusive tokens, automate supply chain management, and use automated contracts in a standard, stable, and tested environment.

3, Qtum consensus mechanism

The quantum chain has certain innovations in the consensus mechanism. It is designed to be modular for ease of use and can be applied to different application scenarios of public and private chains.
In the selection of the consensus mechanism of the Qtum public chain, according to the reliability principle and decentralization principle of technology, the quantum chain selects the consensus mechanism based on Proof of Stake as the consensus mechanism of the public chain, and will be the latest bitcoin code. Based on this, a consensus agreement for the development and deployment of Proof of Stake was developed.

4, for mobile strategy

The quantum chain uses Bitcoin's UTXO model, and the codebase supports the Simple Payment Confirmation (SPV) protocol by default. This allows the quantum chain to run smart contracts on the wallet, and the wallet can be simply installed on any mobile device, creating an era of mobile decentralized applications.
Quantum chain advantages
Qtum combines the technical advantages of Bitcoin and Ethereum to develop their own technology. Qtum has embarked on the design of an independent X86 virtual machine prototype to replace the Ethereum virtual machine, which will allow developers to use mainstream development languages ​​including C, C++, C#, and Java for development.

Third: follow-up of QTUM quantum chain

QTUM main network
On April 23, Beijing time, Qtum Quantum Chain's main network officially launched.
QTUM wallet
April 4, QTUM wallet new version V0.14.16 goes online
The Qtum mobile wallet is the world's first mobile wallet that supports smart contracts. The Qtum Wallet not only supports sending and receiving Qtum, but also makes full use of smart contract potential.
qtum price
Qtum price equal to 18.305 USD at 2018-03-14. and Qtum to USD top the $103.45 on Jan 07 2018.The current price is $15.70 USD .

Fourth: Personal point of view of the QTUM system

The quantum chain development process has always been very fast compared to other domestic projects. This is believed to be obvious to all. Currently, many projects such as Energo, Vevue, etc. are officially running on quantum links. Qtum's business development capabilities are also very strong. They are working with Singapore Digital Currency Blockchain Enterprise Association, Digital Money Chamber of Commerce and Xi'an Jiaotong University.
Overall, although the quantum chain was once questioned as a scam, it is now moving step by step to the right path.

If you want to know more about qtum or qutm news:
https://twitter.com/QtumOfficial
https://twitter.com/QtumNews
https://www.qtum.org/en/


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