Qtum is one of the largest crowdfunded projects in history. Over 10,000 BTC and 72,000 ETH were raised in less than 5 days, at $15.6 million dollars.
The cryptocurrency is a global project that aims to be the bridge between the Bitcoin and Ethereum communities, as well as the digital world and the real world.
Qtum digital asset is backed by some of the most notable blockchain players, traditional Venture Capitalists, and executives from some of China’s largest technology companies.
This stakable coin offers cross-platform solutions, executable on mobile devices and compatible with major existing blockchain ecosystems.
Qtum is a business-friendly smart contract platform that provides a standardized, stable and safe development environment for smart contracts, enabling smart contract coding, deploying and executing. The cryptoasset also provides customized solutions for enterprise clients. Qtum coin is proof of stake (PoS) based open sourced public blockchain platform, it boasts a Decentralized Governance Protocol (DGP) allowing specific blockchain settings to be modified by making use of smart contracts. For instance, the block size of the cryptocurrency can be increased without the need of a hard fork.
Qtum is cimbining a modified Bitcoin Core infrastructure with an intercompatible version of the Ethereum Virtual Machine (EVM). Because of that the Qtum digital asset merges the reliability of Bitcoin’s robust blockchain with the endless possibilities provided by smart contracts. Designed with stability, modularity and interoperability in mind, this cryptocurrency is the foremost toolkit for building trusted decentralized applications, suited for real-world, business oriented use cases. Its hybrid nature, in combination with a first-of-its-kind PoS consensus protocol, allow coin's applications to be compatible with major blockchain ecosystems, while providing native support for mobile devices and IoT appliances.
Qtum developers' plans and ideas for the future: scaling improvements that will bring the cryptocurrency to 50k Transactions Per Second, testing of Lightning Network and after that period - mainnet integration, mainnet integration of x86 Virtual Machine and more.