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Who Is Behind Qtum? – Qtum Cryptocurrency Review

Who Is Behind Qtum? – Qtum Cryptocurrency Review

Who Is Behind Qtum? – Qtum Cryptocurrency Review

Qtum uses an inter-compatible variation of this popular Ethereum Virtual Machine along with a modification of the Bitcoin Core infrastructure. This mixture permits for the reliability connected with the blockchain plus the limitlessness of smart contracts.

Qtum makes the blockchain accessible to companies seeking to develop decentralized applications. Qtum basically is a toolkit for producing reliable decentralized software that may be used in the real universe for business-oriented purposes.

The group behind Qtum comes from various sources, such as Ethereum along with Bitcoin communities and traditional companies, including Alibaba, NASDAQ, Baidu, and Tencent.


Qtum was designed specifically to include interoperability, stability, and modularity. Its hybrid nature unites components obtained from Ethereum along with Bitcoin infrastructures, providing the perfect blend of advantages. Additionally, it has a PoS consensus protocol that is only one of the very first of its kind and lets it maintains compatibility with all the major blockchain ecosystems. At the identical time, it’s native support for both IoT software and mobile devices.

The vast majority of blockchain platforms focus on computer-related applications, however, Qtum also allows for cellular solutions. This is because the SPV (simple payment verification) protocol has default support from the Qtum codebase because of its sway in the Bitcoin UTXO model. This default support enables smart contracts to be implemented utilizing lite wallets that are available for many mobile devices.

You’re Unable to purchase QTUM using “Fiat” currency so you will want To first purchase another currency — the simplest to purchase are Bitcoin or Ethereum which you can do in IQOption using a bank transfer or debit / credit card purchase then swap that for QTUM at an exchange such as Binance.

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