QTUM Coin Review


QTUM is one of the cryptocurrencies that rallied in the 2017 Bull Run. However, the coin has lost 97% of its value since then. The all-time high price of QTUM is $106.88, but it is now trading at $2.40 per coin.


Qtum (pronounced Quantum) is a smart contract platform that uses a Proof-of-Stake (PoS) consensus mechanism to validate transaction blocks and provide security assurances. It combines different aspects of the Ethereum and Bitcoin blockchains. Qtum uses Bitcoin core as the base of its network for security and stability reasons and, therefore, operates via a UTXO model. The project also integrated Ethereum’s virtual machine (the EVM), so the chain could run Turing complete code needed to support smart contracts, and thus decentralized applications (dApps).


QTUM’s development team remains very active. This month, the team had its hard fork for Linux and Raspberry Pi, and also for Mac. The Stake-a-Thon also continues as the team looks to engage more developers with the network.


As one of the popular cryptocurrencies, QTUM is listed on numerous crypto trading platforms. You can trade it on platforms such as Binance, OKEx, Huobi, Kraken, Bittrex, Upbit, Bitfinex, Poloniex, and a wide range of other platforms.


The QTUM project has a lot of institutional investors. Some of them include NueValue Capital, KR1, Parallax Digital, Decentrust Capital, Tally Capital, Myriad Capital Management, Gama Funds, and more.


QTUM is currently down by 97% from its all-time high, and nothing from its recent developments indicates that it could recover that price any time soon. However, the team remains active and has several institutional investors still holding stakes in the project.

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