What Is Qtum (QTUM)?
Qtum is an open-source public blockchain platform built on a Proof of Stake peer-to-peer network. It uses Bitcoin’s transaction model, with the added flexibility of smart contracts. The project provides a range of resources for blockchain and decentralized app development, as well as a multi-wallet ecosystem.
In addition to leveraging the skills of an open-source global talent pool, the Qtum team has been collaborating with researchers at leading universities. Qtum applications connect blockchain with the real world and the project aims to meet the needs of businesses by providing a business-friendly development environment and customized blockchain solutions for enterprise clients.
QTUM is the native token of the blockchain and is used to pay for executing smart contracts. It can also be staked to help secure the network and used to participate in platform governance. Businesses and developers can deploy QRC-20 tokens – Qtum’s own token standard. These can be used within dApps and QRC-20 transactions require gas fees to be paid in QTUM.
How Does Qtum Work?
Qtum uses Bitcoin’s UTXO transaction model. This stands for unspent transaction outputs and refers to the amount of cryptocurrency left unspent after a transaction, like change left over after a physical cash transaction. UTXOs are continually processed and records of them stored on the ledger. They require a private key to unlock.
What Is Qtum (QTUM)?
Qtum is an open-source public blockchain platform built on a Proof of Stake peer-to-peer network. It uses Bitcoin’s transaction model, with the added flexibility of smart contracts. The project provides a range of resources for blockchain and decentralized app development, as well as a multi-wallet ecosystem.
In addition to leveraging the skills of an open-source global talent pool, the Qtum team has been collaborating with researchers at leading universities. Qtum applications connect blockchain with the real world and the project aims to meet the needs of businesses by providing a business-friendly development environment and customized blockchain solutions for enterprise clients.
QTUM is the native token of the blockchain and is used to pay for executing smart contracts. It can also be staked to help secure the network and used to participate in platform governance. Businesses and developers can deploy QRC-20 tokens – Qtum’s own token standard. These can be used within dApps and QRC-20 transactions require gas fees to be paid in QTUM.
How Does Qtum Work?
Qtum uses Bitcoin’s UTXO transaction model. This stands for unspent transaction outputs and refers to the amount of cryptocurrency left unspent after a transaction, like change left over after a physical cash transaction. UTXOs are continually processed and records of them stored on the ledger. They require a private key to unlock.
What Is Qtum (QTUM)?
Qtum is an open-source public blockchain platform built on a Proof of Stake peer-to-peer network. It uses Bitcoin’s transaction model, with the added flexibility of smart contracts. The project provides a range of resources for blockchain and decentralized app development, as well as a multi-wallet ecosystem.
In addition to leveraging the skills of an open-source global talent pool, the Qtum team has been collaborating with researchers at leading universities. Qtum applications connect blockchain with the real world and the project aims to meet the needs of businesses by providing a business-friendly development environment and customized blockchain solutions for enterprise clients.
QTUM is the native token of the blockchain and is used to pay for executing smart contracts. It can also be staked to help secure the network and used to participate in platform governance. Businesses and developers can deploy QRC-20 tokens – Qtum’s own token standard. These can be used within dApps and QRC-20 transactions require gas fees to be paid in QTUM.
How Does Qtum Work?
Qtum uses Bitcoin’s UTXO transaction model. This stands for unspent transaction outputs and refers to the amount of cryptocurrency left unspent after a transaction, like change left over after a physical cash transaction. UTXOs are continually processed and records of them stored on the ledger. They require a private key to unlock.
What Is Qtum (QTUM)?
Qtum is an open-source public blockchain platform built on a Proof of Stake peer-to-peer network. It uses Bitcoin’s transaction model, with the added flexibility of smart contracts. The project provides a range of resources for blockchain and decentralized app development, as well as a multi-wallet ecosystem.
In addition to leveraging the skills of an open-source global talent pool, the Qtum team has been collaborating with researchers at leading universities. Qtum applications connect blockchain with the real world and the project aims to meet the needs of businesses by providing a business-friendly development environment and customized blockchain solutions for enterprise clients.
QTUM is the native token of the blockchain and is used to pay for executing smart contracts. It can also be staked to help secure the network and used to participate in platform governance. Businesses and developers can deploy QRC-20 tokens – Qtum’s own token standard. These can be used within dApps and QRC-20 transactions require gas fees to be paid in QTUM.
How Does Qtum Work?
Qtum uses Bitcoin’s UTXO transaction model. This stands for unspent transaction outputs and refers to the amount of cryptocurrency left unspent after a transaction, like change left over after a physical cash transaction. UTXOs are continually processed and records of them stored on the ledger. They require a private key to unlock.
