Qtum is a decentralized blockchain application platform capable of running Smart Contracts on multiple virtual machines, with Proof-of-Stake consensus.
Qtum (Quantum) is an open source, decentralized project that aims to capitalize on the success of Bitcoin, while competing for the Decentralized Application (DAPP) and Smart Contract market. The goal is to work with industry partners, and launch the first Value Transfer Protocol (VTP). This will streamline daily business routines, and allow for easier adoption. Qtum aims to become the platform with Smart Contracts that execute as part of an Unspent Transaction Output (UTXO).
The Qtum Blockchain (“Qtum”) is committed to develop an open source ecosystem for the blockchain community different from that of Bitcoin and Ethereum. It utilizes a Value Transfer Protocol (“VTP”) to achieve the transferring of value from peer to peer and to build up a decentralized application platform, which brings blockchain technology into the financial services, Internet of Things (“IoT”), supply chain management, social media, gaming and other industries. Innovative technology, comprehensive governance structure and board applications give Qtum advantages over Bitcoin and Ethereum as a public.
We hope to build an entirely new blockchain ecosystem, Qtum, as an alternative option for VTP in the world and to move the ease of use of the entire blockchain industry one step forward.
Qtum is based on the UTXO model and uses the Ethereum Virtual Machine (EVM) to achieve the compatibility between Bitcoin and Ethereum for public blockchain. It utilizes Oracle and Data Feeds, in conjunction with the logic of regulation, to bridge the real world to the blockchain world.
The blockchain made ready for business
Separating the settlement and computation layers of blockchain allow for greater flexibility. Qtum’s stacked approach enables multiple virtual machines or run environments to operate on top of the blockchain.
Expanding the smart contract ecosystem
QTUM is about to revolutionize the way Smart Contracts are viewed, developed and used. With the x86VM, QTUM will be the first blockchain platform to allow next-gen DAPPS become a reality. Developers will be able to build Smart Contracts for QTUM using mainstream languages.
Mitigating & solving scalability
Qtum employs a decentralized governance protocol allowing for blockchain parameters like the block size, block time, gas schedules, and the minimum gas price for contracts to be modified without requiring a fork. Additionally, the Qtum team is working diligently on lightning networks & payment channels to allow for 20,000+ tps.
Proof of stake mining
Qtum employs a proof of stake consensus protocol that allows anyone with as little as one qtum to help secure the network. Our current Smart Stake Protocol is based on PoS v3.0 with some mutualized block reward features to increase the security of our smart contracts platform.
Keeping The Blockchain Decentralized
From Qtum’s consensus algorithm to our support of the Simple Payment Verification (SPV) protocol, our goal is to keep the network decentralized and bring smart contracts to everyone, including light clients in low bandwidth environments.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public sale —
12 Mar 00:00 UTC
17 Mar 23:58 UTC
|0.3 USD||No||-||Uncapped||51,000,000 QTUM|
Potentially incomplete GUI, full RPC methods for contract interaction. Designed for developers, not consumers
GUI for smart contract interaction in wallet. Stable RPC layer for developers.
Each extention will be formally evaluated and timeframe determined with community input guiding priorities. Adding new features and power to the Qtum AAL. First Class Oracles - Native Oracle support on the blockchain beyond standard smart contracts. Support of community projects built on Qtum.
Adding new VMs beyond EVM. eSML, a new smart contract language with formal verification.