qtum

Qtum aims to create a decentralized ecosystem that supports smart contracts and decentralized applications (dApps) while maintaining the security and stability of the Bitcoin network. The platform is designed to bridge the gap between the Bitcoin and Ethereum blockchains, allowing developers to build applications that leverage the strengths of both technologies. 

Company Details

• Founders: Jordan Earls, Patrick Dai
• Founded: 2016
• Headquarters: Singapore

Key Features:

• Enables execution of smart contracts, while maintaining the simplicity and security of Bitcoin's ledger system.
• Utilizes a Proof-of-Stake (PoS) mechanism that allows token holders to stake QTUM tokens to earn rewards and participate in securing the network.
• Offers low-cost transactions and smart contract operations, making it suitable for enterprises and dApp developers.

FAQs

1. Who founded Qtum?

Jordan Earls and Patrick Dai

2. When was Qtum established?

In 2016