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Moises G. photo
São Paulo
1 Level
16 Review
24 Karma

Review on Qtum by Moises G.

Revainrating 4 out of 5

Thanks to its use of the EVM, Qtum also lets companies quickly and easily…

Thanks to its use of the EVM, Qtum also lets companies quickly and easily create tokens and even automate the process of managing supply chains. Thanks to its standardized ecosystem, Qtum offers tools that create human- and machine-readable contracts and make smart contracts more resistant to errors, even as they’re more flexible.



Pros
  • Qtum adds several key services that make it ideal for business. Qtum uses bitcoin’s blockchain as a security foundation and for the Unspent Transaction Output (UTXO) model to prevent fraud and ensure greater security. The Unspent Transaction Output model adopted from bitcoin is essential in guaranteeing that transactions cannot be recorded twice and adds a layer of security to Qtum’s blockchain.
Cons
  • Qtum uses bitcoin’s Simple Payment Verification, which lets wallets confirm transactions without having to verify its contents.

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