What is Qtum (QTUM)?
Qtum Blockchain Platform is a proof-of-stake (PoS) smart contract blockchain platform that combines features of both Bitcoin & Ethereum in one chain.
The Qtum token (QTUM) powers the blockchain platform, and is used for staking and gas fees when creating QRC20 tokens.
The Qtum Abstract Account Layer (AAL) combines the Bitcoin UTXO model with Ethereum’s smart contract functionality, allowing users to build applications & host them on virtual machines.
The Qtum Decentralized Governance Protocol (DGP) uses smart contracts to modify blockchain settings, and enable parameter upgrades without the need for a hard fork.
QRC20 tokens are created by Qtum smart contracts as digital assets to be used with decentralized applications (dAPPS) similar to ERC20 tokens.
The Qtum Global Network – With nodes distributed on six continents, Qtum has the largest PoS peer-to-peer network besides the Ethereum & BItcoin networks.
WEBSITE: https://qtum.org/
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