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Review on Qtum by Dao Mo

Revainrating 5 out of 5

The QtumX project aims to build a business solution, helping enterprises…

The QtumX project aims to build a business solution, helping enterprises, organizations and schools to apply the blockchain technology to their areas.
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Pros
  • Blockchains like Bitcoin, Ethereum and Qtum are called public blockchains. They have no access restriction. Anyone can send transactions to them as well as participate in the block creation process. In these cases, many consensus algorithms are developed, such as PoW (Proof of Work) and PoS (Proof of Stake), allowing a large number of users to reach a consensus about who can mine new blocks. These blockchains are generally considered to be fully decentralized.
Cons
  • Schnorr has too little effect to be considered as one of the potential solution.

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