1 Level
6 Review
13 Karma
Review on Qtum by Vung Tran
Qtum same as Neo, use with the stock, this can not be used the following links…
Qtum same as Neo, use with the stock, this can not be used the following links that the missing links of the use of bitcoin. External this made all people will be between Qtum to get Qtum add the given source, as the price.
Pros
- For consortium blockchains, the consensus algorithm is usually called PoA (Proof of Authority). Instead of solving a difficult mathematical problem in PoW or holding a large amount of cryptocurrencies in PoS, in PoA, a list of authorized block miners is used to determine which nodes are allowed to create new blocks. The chain has to be signed by the majority of miners, then it becomes a permanent record. It is more efficient and secure since the miners are fewer and more reliable.
Cons
- Qtum will always reward miners with new Qtum, which means the amount of Qtum will keep on increasing indefinitely. This can have a negative impact on Qtum’s economy in long term as there might be a point where inflation due to new Qtums produced will slowly decrease. As the rate of inflation diminishes and the total supply goes up while the rewards per block remain constant, an overflow of Qtums can happen.
