Qtum_Foundation

#Qtum stands out as a #blockchain that blends the #Bitcoin UTXO design and #Ethereum's smart contracts, resulting in a powerful platform. Here are the reasons why. ⤵️

In September 2017, #Qtum's main network emerged. The Qtum core team's tireless efforts resulted in over 40 wallet releases. Some key updates include a Decentralized Governance Protocol, 32-second block targeting, Segregated Witness, and a PoS consensus model.

#Qtum's innovative "Decentralized Governance Protocol" has made it faster than #Ethereum and #Bitcoin while maintaining #decentralization. The focus is on a solid base layer and layer 2 solutions for high throughput.

$QTUM tokens pay for gas on the network and secure it through Proof-of-Stake. The tokens are essential for transaction fees, preventing spam transactions. They are also needed for solving blocks and play a crucial role in governance, making a 51% attack prohibitively expensive.

With features such as Segregated Witness, Lightning Network integration, NFT support, and cross-chain integration, #Qtum is scalable up to 1,100 TPS.

#Qtum, with its diverse offerings, fosters decentralized applications and smart contracts. Its user-centric approach and continuous innovation make it a significant player in the #blockchain sector.

Read more about Qtum Basics, here.   medium.com/@Qtum/get-to-know-q...