Review on Qtum by David Olayide
A review of Qtum
Qtum is a cryptocurreny that makes use of ethereum’s smart contract feature and bitcoin’s security in order to create a coin that can easily be used by large organizations. By incorporating these features into their system they hope to entice more users to their network.
The Qtum’s cryptocurrency, QTUM, for example, is used to pay fees to those who help operate the network, and the distribution of newly minted QTUM is based on ownership of the asset. Qtum equally allows developers to write and execute programs across its distributed network of computers. Qtum makes use of the Ethereum Virtual Machine (EVM) to make ensure that Ethereum smart contracts run on Qtum and otherwise too. Honestly, this is a good idea because now developers can create smart contracts at ease.
Qtum provides a platform that is unique, secure, and safe too. It is an exciting project with a solid future.
Pros
- Utilizes proof of stake
- Very secure
- Good for developers
Cons
- Needs more popularity
