Review on Qtum by Kenan Chalabi

Qtum is an open source blockchain platform that blends the UTXO model of Bitcoin (BTC) through multiple virtual machines. Thanks to the decentralized management protocol based on proof of stake (PoS), changes in smart contracts can be modified. In this way, the block size can be increased when necessary without a hard fork.

How Does Qtum Work?

Qtum runs on a computational model using Bitcoin (BTC) core code. In addition, Qtum, which integrates the Ethereum Virtual Machine (EVM) into its own platform, can easily hide the details of the transactors thanks to its basic hesp layer.

What are the Features of Qtum?

Qtum is an open source decentralized smart contract and value transfer protocol. Therefore, it has more features than other blockchain networks.

Decentralized Management Protocol (DGP)

Qtum's decentralized management protocol allows for rules-adjustment via smart contracts on the blockchain platform.

Basic Account Layer (AAL)

The basic account layer provides a framework for building applications on the Qtum network. Thanks to this structure, the performance of the blockchain platform is kept at a high level and the smart contract capacity will be increased in the future.

Qtum Neutron and x86 Virtual Machine

Smart contract development can be done more effectively thanks to senior-based programming and other renewal processes supported by Qtum Neutron software and x86 virtual machine.

Global Network

Qtum has the largest proof-of-stake network in the world, surpassing full nodes only by Bitcoin (BTC) and Ethereum (ETH).

wallets

As there are so many wallets that support Qtum, the needs of many users can be easily catered for.

Development Resources

Like platforms like Ethereum, Qtum makes its development resources publicly available. In this way, many people both learn to build applications on the Qtum network and contribute to the network.

What are the Features of the Qtum Team?

The Qtum team and its investors are versatile people with many years of technology experience. While the majority of the team is engineering graduates from the Chinese Academy of Sciences and experienced in the field of 4G technology and payment systems, investors are known for having different expertise in the field of payment systems and technology.

What are Qtum's Products?

wallets

Qtum wallets is a company with computer, mobile, web and hardware wallets. But since hardware wallets are produced by other companies instead of Qtum, you need to migrate from online wallets to Qtum.

Computer Wallets

Qtum has released its own wallet, Qtum Core, on Mac, Windows64 and Linux. But Qtum Electrum, one of the computer wallets, allows you to perform transactions on Mac and Windows.

Mobile Wallets

Qtum has released Qtum Core, which has the same name as the computer wallet, on Android and Google Play. But since it is not suitable for iOS users at the moment, ABRA, AToken, Atomic Wallet, Bitpie, ColdLar, Edge, Exodus, Guarda Wallet, HyperPay, PlayWallet, SWFT and Trust Wallet allow you to easily store your Qtums to fill their place.

Web Wallets

You can easily create a Qtum wallet on the Ignition Mainnet at qtumwallet.org. Apart from that, there is no other web wallet that Qtum recognizes at the moment.

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hardware

Although Qtum itself does not design cold wallets, you can see Ledger and Trezor wallets as places where you can easily store your Qtums.

Qtum Explorer

Similar to Ethereum (ETH) and Bitcoin (BTC), Qtum Explorer shows you all transactions that are and are taking place on the network. In this way, you can easily see the details of your transactions on the network.

nodemap

Qtum is a program that allows you to find out where and how many thousands of nodes spread around the world. In this way, you can easily see where and how many nodes.

Qtum Enterprise and Qtum X

Qtum enterprise and Qtum X are known as the Qtum network's blockchain solution for enterprises. Its features are used as business-friendly smart contract platform, trusted application platform, and blockchain service for businesses. In this way, companies can easily solve their integration problems with secure, decentralized and modular applications.

What Are Qtum's Projects?

Qtum is aimed at active detection of system bugs within the network, decentralized application (Dapp) development, testnet creation, and more. We can't say anything at the moment as testnets have not been created. But we can interpret the error search and more as continuous operations. For Dappler, you can get an answer if you fill out the form.

Qtum Enterprise and Qtum X

Qtum enterprise and Qtum X are known as the Qtum network's blockchain solution for enterprises. Its features are used as business-friendly smart contract platform, trusted application platform, and blockchain service for businesses. In this way, companies can easily solve their integration problems with secure, decentralized and modular applications.

What is Qtum Bounty Plan?

Qtum bounty plan can be interpreted as a place where you can take different tasks to develop the network. Here, it allows you to earn predetermined rewards if you do certain tasks. In this way, you both contribute to the network and earn rewards in return.

Does Qtum have master nodes?

Because Qtum is a decentralized network, it does not have master nodes. If you have staked your QTUMs on the network, you can generate new blocks.

Where can I find the latest news about Qtum?

You can find news about Qtum from the first source on Qtum's blog, BitcoinTalk, Discord, Reddit, Telegram, Facebook and Twitter accounts. Also, as Coinkolik.com, we will be sharing the developments about Qtum with you.

How many QTUMs are needed for staking? What is the annual return of staking?

No minimum amount is defined for staking your QTUMs. On the contrary, you can easily stake even with 1 QTUM. But the more QTUMs you stake, the more rewards you get.

Which wallet should I use to stake QTUMs?

Only computer wallets can be used. That's why computers need to be running 24/7 to confirm transactions.