Review on Qtum by Alik Moshko

Name: Qtum
Item: Qtum
Rating: 5

September 25, 2020

Qtum

Qtum is a platform designed to work with a smart contract based on Bitcoin encoding and PoS algorithm.  The general concept of the site allows you to exploit contracts in the public domain without creating a personal account.  In addition, every program based on a platform such as Ethereum can be seamlessly transferred to the Blockchain of any smart contract or project.
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Pros

Based on the technical component of the Ktum cryptocurrency, it has practically no negative sides. However, why is it so? Developers from Qtum, together with their entire team, have been analyzing all the negative nuances that are present in the blockchain of Bitcoin and Ethereum for a long period of time, thereby obtaining a very useful tool with almost complete absence of flaws. The main positive aspects include: fairly young, progressive, reliable virtual currency; the presence of all the main positive aspects of both the largest cryptocurrencies - Bitcoin and Ethereum; the ability to apply (scale) the crypt on practical experience; up-to-date tools that provide the ability to develop smart contracts, as well as distributed programs; benefits both businessmen, legal entities and private investors; the ability to freely exchange Qtum; rapid growth in the exchange rate; integration into a new cryptocurrency exchange, programs and software.

Cons

The technical problem is quite complex. In order to understand it, you need to have a large amount of knowledge and skills in working with blockchain technology. That is why we will go straight to the financial and economic problem. The main goal of Qtum is the process of integrating blockchain technologies into a number of industries, including financial, social, gambling, online materials and others. Because of this, the QTUM developers decided to create a flexible, easy-to-use network. The main advantages of blockchain are the ability to use smart contracts, which are both off-chain and on-chain.