WHAT IS Qtum (QTUM)
Qtum (QTUM) is a complete decentralized peer to peer microtransaction–able cryptocurrency which utilizes the blockchain technology and stability of Bitcoin and the modern features of Ethereum, including EVM (Ethereum Virtual Machine) and Smart Contracts.
Qtum (QTUM) : HISTORY
Qtum was brought up by Quantum Technology in 2013(a Singapore based company) and received $1 million investment from few big angel investors likeBitFund founder Xiaolai Li, Fenbushi partner Bo Shen, Ethereum co-founder Anthony Di Iorio and more.In February 2017, a Twitter account alleged that the lead developer of Qtum, Patrick Dai, is the main mastermind behind the Bitbay scandal of 2014, Steven Dai.
HOW DOES Qtum (QTUM) WORK?
Qtum utilizes the Bitcoin’s Unspent Transaction Output (UTXO) model and the Ethereum Virtual Machine (EVM) technology from Ethereum to enable businesses from around the world to create smart contracts easily. Qtum creates a smart layer which enables EVMs to interpret the UTXO blockchain data from Bitcoin.The system uses Proof of Stake (PoS) algorithm to validate transactions. The ‘miners’ will receive the incentive when network consensus is reached and is termed as IPOS (Incentivized Proof of Stake).
HOW TO BUY Qtum (QTUM)?
Set up a wallet.Go to the QTUM GitHub and Scroll down to see the ‘Quickstart’ and choose the links to download the wallets. After downloading unzip the folder inside.Inside that folder is another one called ‘Bin’.Inside that is a file named ‘qtum-qt’. Open, and it runs the wallet.You must allow access the wallet to access the internet through your firewall or the wallet will not work correctly.Your wallet is now open. It will let you know that it’s about to start downloading the Qtum blockchain and show you the progress of the download. Press ‘hide’ to remove it.Press ‘Settings’ and then ‘Encrypt Wallet’.Enter a passphrase.Press OK.Read the warning, and press ‘Yes’.The program will shut down and encrypt your wallet.
Restart the wallet.Press ‘File’ and then ‘Backup wallet’.Name the file and Save.In the wallet, press ‘Receive’ on the menu on the left.Press ‘Request payment’ and an address will be given, Copy this down.Now purchase the popular cryptocurrency Ethereum so that we can exchange it for Qtum.Choose which Ethereum exchange you’d like to use (by clicking on the logo), and the guide will continue:(coinbase or Cex.io)
Qtum (QTUM) PRICE PREDICTION 2018
QTUM can be a profitable investment option. Qtum price equal to 30.156 USD at 2018-02-09. If you buy Qtum for 100 dollars today, you will get a total of 3.316 QTUM. Based on our forecasts, a long-term increase is expected, the price prognosis for 2023-02-04 is 496.718 US Dollars. With a 5-year investment, the revenue is expected to be around +1547.19%. Your current $100 investment may be up to $1647.19 in 2022.Qtum(QTUM) price today is $29.30 and have the current supply of 73,868,612 QTUM. The market cap value is $2,164,416,813 and the volume is marked as $632,077,000 .Qtum price prediction, Qtum price forecast, QTUM price and news, QTUM price forecast, QTUM price prediction 2018, What is the price of Qtum 2018.