Review on Qtum by Kho Toi

Name: Qtum
Item: Qtum
Rating: 5

September 15, 2018

Qtum is a global project aimed at bridging the Bitcoin and Ethereum communities…

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

Smart contract based applications are also worth expecting. You can transform written contracts or rules into smart contracts of QtumX. By this way, the contract will be transparent, unmodifiable and easy to verify. Using a consortium blockchain to deploy smart contracts has several advantages. The most important one is that the developer only need to run some miner nodes for the blockchain, rather than consume public blockchain tokens which are really expensive.

Cons

During the launch of Qtum’s mainnet 100 million Qtum were issued. Since the launch of the mainnet, only a portion of these tokens were swapped to mainnet tokens. With the mainnet also came Qtum mining and the associated new Qtum generated from it, in the from of block rewards