1. What is Qtum Blockchain?

Qtum is a hybrid blockchain platform that combines Ethereum-style smart contracts with Bitcoin's UTXO (Unspent Transaction Output) paradigm. This combination enables secure, efficient, and reliable transactions while supporting decentralized applications.

2. What is the purpose of QTUM?

The QTUM token has several uses in the ecosystem. It is used to carry out smart contracts, pay transaction fees, take part in network governance, and receive staking rewards.

Neil Mahi, Jordan Earls, and Patrick Dai established Qtum in 2016.

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qtum

Qtum is an open-source blockchain platform designed for fast, secure, and scalable smart contract deployment.

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Company Info

Qtum is a public blockchain platform that is open-source and designed to provide users worldwide with a secure and scalable ecosystem. As a Proof-of-Stake (PoS) network, it integrates Bitcoin’s trusted UTXO security mechanism with Ethereum-compatible smart contracts, creating a hybrid architecture ideal for enterprise and real-world blockchain adoption. This foundation is a preferred choice for developers constructing dApps, launching currencies, or researching Qtum staking, smart contracts, and automated processes.

Key Features:

A hybrid blockchain architecture that combines Ethereum EVM and Bitcoin UTXO.
Proof-of-Stake (PoS) is scalable and uses less energy.
Smart Contract Compatibility with Solidity & Ethereum tools.
Quick and inexpensive transactions tailored for business use.
Multi-chain wallet support is available on mobile, desktop, and hardware wallets.