1 Level
6 Review
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Review on Qtum by Toan Bao
Qtum is one of the few active projects on Github, presenting at least 2…
Qtum is one of the few active projects on Github, presenting at least 2 commits per Github, sometimes up to 13 times. Co-founder of the project is Jordan Earls, who is also the head of programming. He is one of the leading experts on programming and blockchain. You can read his personal blog posts to understand more about blockchain technology. The project has great support from the community with a team of experienced consultants
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
- 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
