Review on Qtum by leon schneider
qtum blockchain
if I want to do a classification for cryptocurrencies projects, a series of projects pursue specific goals such as a blockchain-based social network and so on, and the other category is currencies, and their only purpose is to provide virtual money. According to my research on QTUM, this project is in the second category. These projects do not matter much about ideas and other things about them, and I think the three important principles are only important in them. One is network security, the other is the speed and processing power of transactions, and the third is the transaction fee.
QTUM, like ethereum, is a network that offers smart contracts, and because it aims to make crypto money, I think it is a successful project. Qtum is more secure than ethereum and also uses the PoS algorithm, which is better than the PoW that ethereum uses.
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Pros
- Qtum network security is better than ethereum
- Use PoS instead of PoW which improves processing
Cons
- The currency is ranked 45th and is still a long way from becoming one of the top10 currencies
