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Venezuela
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92 Review
767 Karma

Review on Qtum by Mayra Coba

Revainrating 4 out of 5

A project that seeks solutions for blockchain

Qtum is an advanced solution for blockchain in the entire world of cryptocurrencies, it combines elements of Ethereum and Bitcoin thus creating a scalable, stable and quality platform for people to migrate solutions to blockchain integration. It is a powerful platform that offers us a wide set of solutions for companies that want to improve their blockchain technology. It will allow us to develop in decentralized applications. In short, it is a public and open source blockchain platform, as well as allowing the enablement of multiple virtual machines.
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Among its functions and benefits we can indicate the following as the most important:
  • Proof of Stake to encourage users to save their coins and run full nodes to multiply their benefits.
  • Support in many wallets.
  • It has a properly designed virtual machine with support for various programming languages.
  • The DGP protocol that allows modifying the blockchain in certain things.
  • It uses a network of full nodes to perform high-importance tasks.
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    Pros
    • It offers us stability since normally the market low pressure and as a result, the price goes down and flows.
    • Low liquidity so investors are optimistic to invest and creates skepticism.
    • It is a project that seeks solutions for many problems.
    • Fully execute the Bitcoin blockchain code with ALL.
    Cons
    • There are projects with the same similar objective.
    • It is vulnerable to certain hacker attacks and therefore you have to be careful.

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