1 Level
6 Review
12 Karma
Review on Qtum by Toan Nguyen
Qtum is a global project aimed at bridging the Bitcoin and Ethereum communitiesโฆ
Qtum is a global project aimed at bridging the Bitcoin and Ethereum communities, the real world and the Blockchain world. It therefore only makes sense that the Qtum group came from both the Bitcoin and Ethereum communities as well as traditional companies such as Baidu, Alibaba, Tencent, NASDAQ and more.
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Pros
- We will try to make most parameters configurable in the Enterprise version. So that the system can be easily applied to various usage scenarios. Some customizable settings are listed as follows: The genesis block: block_time, coinbase. Network parameters: pchMessageStart, seeds. Parameters for the PoA consensus algorithm: interval, timeout. Block reward parameters: initial value, nSubsidyHalvingInterval
Cons
- Qtum has no bar on minimum number of Qtum for staking, like Ethereum is proposing minimum of 32 ethers to participate in staking process. So people can try to stake a very less amount and in turn try to confirm malicious transactions, which will be more profitable, with a low risk because of lesser stake. Though with less stake such people will have lesser chances to mine the next Qtum block.
