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Ethereum is by far the most popular blockchain for DeFi, gaming, and NFT projects. About 59% of the decentralized applications are based on Ethereum. However, it is plagued with sky-high gas fees and slow transaction processing. A transaction on the Ethereum blockchain currently takes between 30 seconds and 16 minutes.

Q2 2021 hedge fund letters, conferences and more

The upcoming Ethereum 2.0 appears to be the panacea that would resolve all these issues. Until that happens, the competing blockchains have an open window to attract developers and users looking for alternatives to Ethereum.

As DeFi and NFTs gained traction over the last year, they exposed the limitations of Ethereum. The network has been struggling to deal with the influx of new users. Ethereum has become unsustainable for small investors and traders. The fees make no sense if your transaction sizes. The average gas price on Ethereum is 58 GWEI compared to just 6.1 GWEI on the Binance Smart Chain.

Ethereum 2.0: How Long Do We Have To Wait?

The community is eagerly waiting for the ETH 2.0 aka Serenity release. The upcoming upgrade would make it more secure, scalable, and sustainable. It is switching from the Proof of Work (PoW) to Proof of Stake (PoS) consensus mechanism, which would reduce energy consumption by more than 99% and increase the transaction speed from the current 15 transactions per second to about 100,000 TPS.

The Ethereum 2.0 transition is happening in three distinct phases. The first phase - the Beacon Chain - has been live since December 2020. It laid the groundwork for future upgrades. In the second phase, dubbed The Merge, the Ethereum network will switch to the Beacon Chain as its consensus mechanism. There is no specific date for this, but it’s likely to happen towards the end of 2021. It will enable staking on the Ethereum network, putting an end to the energy-intensive mining.

The final phase - Shard Chains - will arrive sometime in 2022. It will involve the splitting of the Ethereum network to further increase its capability for validating transactions, storing data, and improving performance over time. The inclusion of shard chains will mark the official completion of the Ethereum 2.0 upgrade.

Charles Hoskinson, who co-founded Ethereum and later launched the Cardano platform, said in an interview with Bloomberg News that the “most significant heavy lifting in their (Ethereum’s) upgrade strategy will occur in 2022.” Hoskinson thinks Ethereum will wrap up the transition and upgrade towards the end of 2022 or early 2023.

Ethereum co-founder Vitalik Buterin has also admitted that the ETH 2.0 is taking a lot longer than expected. “We thought it would take one year to do the proof-of-stake, but it actually takes six years,” he said.

Alternatives, Alternatives, Alternatives

Ethereum competitors have been taking advantage of the delay in ETH 2.0 to strengthen their ecosystems. Binance Smart Chain is only about a year old, but it is processing more transactions than Ethereum.

BSC is a hard fork of the Go Ethereum (Geth) protocol, so it has many similarities with Ethereum. Decentralized apps and tokens built on BSC are fully compatible with the Ethereum Virtual Machine (EVM). In fact, the public wallet addresses are the same for both BSC and Ethereum.

Binance Smart Chain is more scalable because it uses a fully delegated Proof of Staked Authority (PoSA) consensus mechanism. The low transaction costs reduce the barriers to entry for small traders and investors. As of June, there were about 2,000 dApps on Ethereum and only a little over 800 on BSC. But considering Ethereum has been around for much longer than Binance Smart Chain, the one-year-old chain’s growth is admirable.

Meanwhile, Qtum, a proof-of-stake blockchain that takes the best of both Bitcoin and Ethereum to offer faster and more secure transactions, has seen its token jump more than 500% this year as it shifted its focus to decentralized finance. Network developers are riding the boom in DeFi.

Qtum uses Bitcoin’s UTXO transaction model in combination with an adaptation layer interface to the Ethereum Virtual Machine (EVM). It is going to great lengths to attract developers. The Qtum network has transitioned from a 128-second block average to a 32-second block average. It also boasts one of the largest node networks of any blockchain. As of May 2021, there are a total of 1,200 Qtum nodes distributed across 60 countries, making it one of the most open and decentralized blockchain.

Then there is Cardano that aims to be a force of good, providing “unparalleled” security and sustainability to dApps, systems, and societies. Cardano has been getting a lot of attention from developers since announcing the launch of smart contract functionality on September 12. Smart contracts will allow it to compete directly with other programmable blockchain networks.

Cardano’s ADA token has become the third largest in the world with a market capitalization of $90 billion. The two tokens ahead of it are Bitcoin and Ethereum. Smart contracts will enable Cardano network to provide lucrative services like DeFi lending, borrowing, gaming applications, NFTs, etc.

Polkadot is also in race to become the go-to blockchain network for dApps. In fact, it is emerging as a viable alternative to Ethereum. Polkadot is a fully decentralized Web 3.0 blockchain platform that bridges the independent blockchains to enable seamless asset transfer and communication among them. It uses sharding mechanisms to offer cheaper and faster transactions.

There are more than a thousand public blockchains, and we are moving towards a multi-chain universe. So, Polkadot’s cross-chain interoperability will become more important than ever before.

Polkadot allows developers to build and launch specialized blockchain platforms that are connected into one unified network. Projects within the ecosystem can communicate and transfer assets with one another. They can also communicate and transact with external public blockchains such as Ethereum and Bitcoin.

Another set of networks such as Biconomy are focusing on making it easier for newbies to enter the DeFi space. Biconomy is a new blockchain network that simplifies Web 3.0 and helps developers build applications that are simpler and more user-friendly. It removes the friction points that overwhelm new users interacting with dApps.

Closing Thoughts

Proof of Stake - or a variant of it - is the future of decentralized finance. Ethereum has been the dominant blockchain network, but the delay in ETH 2.0 rollout could cost it dearly. Rivals such as BSC, Qtum, Cardano and others are going the extra mile to attract developers and take advantage of the network effect. Only time will tell whether Ethereum 2.0 will arrive in time to maintain its dominance or cede ground to rivals.

Underscoring bitcoin’s maturation, the currency set new price records this week as the value of a single coin crossed the $2,000 threshold. Since bitcoin was announced in 2009, and certainly since I first wrote about it in 2013, the ecosystem of cryptocurrencies has exploded.

Cryptocurrencies have expanded since the days bitcoin shared some of the media’s spotlight with litecoin and the silly-by-design dogecoin. It was a time when Mt. Gox ruled, cupcake shops could become media darlings by accepting the digital currency and pizza was a critical bitcoin-pricing metric.

Now, there are dozens of cryptocurrencies worth eight figures, and the birth pace of new entrants is accelerating.

In that particular milieu of freshly launched coins is a newly famous transaction type we need to understand called the “Initial Coin Offering” or ICO. An ICO is akin to an IPO, but in temporal reverse (sort of). Although confusing, it has recently acquired prominence as a favored way to launch a new cryptocurrency.

But as is typical of nascent cryptoproducts, there are legal questions and unethical players in the mix. So let’s explore what an ICO is in the current cryptocurrency market.

ICO basics

An ICO is a fundraising tool that trades future cryptocoins in exchange for cryptocurrencies of immediate, liquid value. You give the ICO bitcoin or ethereum, and you get some of Billy’s New Super Great Coin or the infamous CrunchCoin.

The Financial Times calls ICOs “unregulated issuances of cryptocoins where investors can raise money in bitcoin or other [cryptocurrencies],” which is accurate, especially if you underline the word “unregulated.” We’ll get to that in a moment.

Sticking close to the older financial publications, The Economist also took a look at the financing mechanism, describing what you buy in an ICO in the following fashion:

ICO “coins” are essentially digital coupons, tokens issued on an indelible distributed ledger, or blockchain, of the kind that underpins bitcoin, a crypto-currency. That means they can easily be traded, although unlike shares they do not confer ownership rights. […] Investors hope that successful projects will cause tokens’ value to rise.

The referenced value increase is critical to understanding the appeal of ICOs. These are not transactions of love. They are investments made in hopes of quick, strong returns.

Notably, not all ICOs are for cryptos that will maintain their own blockchain. According to the crypto-focused Smith + Crown research group, some ICOs are actually “launching ‘meta-tokens’ built on Ethereum, Bitcoin, NXT or others.”

After all, why not.

So ICOs can be coins on top of coins funded by the transfer of other cryptos to accounts in the hunt for what’s next. That might sound crazy, but it’s hot times in the crypto world.

And that heat is keeping ICOs bubbling. The same Economist piece, published in April of 2017, notes: “[n]early $250m has already been invested in [ICOs], of which $107m alone has flowed in this year,” a metric that it attributes to the aforementioned Smith + Crown.

That is a lot of money, making ICOs large in terms of their sheer dollar-scale. It’s therefore not hard to understand why more traditional business publications are paying attention. Following the money is their jam.

In short: ICOs are the new funding slingshot by which nascent cryptos are flung into the world.

Thieves, lies and laws

As with any boom, there are bad actors to be found in the land of ICOs. Given bitcoin and the larger cryptocurrency world’s deep tradition of enduring bad behavior, it is not a surprise that ICOs are attracting humans of base intent.

ICO fraud and skullduggery is common enough that a quick search yields heart-melting headlines like “Ver Backed Qtum Founder Ran Previous ICO Scam,”  “To everyone that bought into the Matchpool ICO, it looks like it was maybe a scam…,” and “A Digital Currency Scam is Misusing the Rothschild Family Name.” All of the articles are from this year to date.

In the world of ICOs, fraud is never hard to find. Add in regular sums of incompetence that any new venture could fall prey to, and ICOs feel a bit Old West.

Laws

But what about regulation, you reasonably protest. Surely that must exist to protect consumers?

Returning to Smith + Crown, skirting usual rules concerning fundraising is nearly normal in the realm of ICOs — at least partially explaining why guard rails in crypto offerings may remain a homegrown affair:

Most ICOs today are marketed as ‘software presale tokens’ akin to giving early access to an online game to early supporters. In order to try to avoid legal requirements that come with any form of a security sale, many ICOs today use language such as ‘crowdsale’ or ‘donation’ instead of ICOs.

So regulation is out of the mix for now.

There is an argument to be made that a dearth of regulatory oversight is actually good, as it allows the ICO market to iterate and innovate quickly. It is a reasonable(ish) argument and likely technically correct, but that doesn’t mitigate the potential for unsophisticated investors to be preyed upon.

Caveat emptor and moral hazard are fine arguments in favor of no rules regarding ICOs and cryptos, but if the market wants to keep growing, it will need to do more to attract consistently larger pools of capital.

Bubble me this

Is there a chance that ICOs will slow? Of course, but the forces behind them run a bit deeper than we might have first guessed.

CryptoHustle makes the related point in a recent article that “ICO mania is likely due to early Ethereum adopters making serious returns after the last bull run.” Etherum’s run has certainly been staggering. If it is fueling the ICO craze, we could be in for a long cycle.

Regardless, the point doesn’t mean that cryptomarkets are as they should be. That ICOs would eventually get ahead of themselves and bubble like so many young technology niches was predicted at least since last October. How long the good times will last isn’t obvious. But the correction will come, as always, and when it does, we’ll see which cryptos have a real shot.

Take this away

The cryptocurrency market is hot once again. And while it continues to set new records, a host of altcoins will demand its slice of the market.

Should you buy into an ICO? Only if you have a massive appetite for risk, zero fear of losing your capital and are willing to take a flying chance on an idea that could flop.

Then again, crowdfunding has similar risks and seems perfectly healthy. Your call.

QTUM, token trading under the radar since the bear market of 2018, has finally picked up the pace after battling the resistance of $10.16. QTUM is now exploring new highs, as suggested by today’s trading session, where the token witnessed an epic rally of 30%. The daily RSI has entered the overbought zone, which might act as confrontation in cutting this bull rally short for the time being. The critical level to watch is $15.59 on account of it being flipped as support from resistance. The price action on the daily chart demonstrates the possibility of a potential rising wedge pattern. 

QTUM traded at around $5.54 when it was first launched in late 2017. For the next nine months, the token projected consolidation where it traded within the rangebound territory of $6 to $17. The crypto bull run of 2017 dragged QTUM to skyrocket from $17 to $85 in the span of three weeks. In march 2018 the token plunged down to its original price and started trading sideways for the next two years. However, this year QTUM has shown a massive recovery of 586%, thus stating that it does have to potential to soar to its former highs. Having said that, this recovery will be accompanied by a steady momentum. 

When we dive into the QTUM tokenomics, the altcoin has a circulating supply of 92%. What that means is that this cryptocurrency will not face inflation and if anything, over time, as it becomes all the more scarce, it is likely to face quantitative hardening, which we’ve seen in Bitcoin and other cryptocurrencies.

QTUM is a project that blends the UTXO model of Bitcoin with the Ethereum virtual machine to create a new Cryptocurrency EVM. The project is now developing a new virtual machine that will enable developers to write smart contracts that can be used with EVMs. QTUM’s main goal is to incorporate blockchain technology into various sectors such as banking, social networking, gambling, and online publishing. As a result, QTUM’s developers wanted to build a network that is both scalable and simple to use. 

SUPPORT : $10.16, $15.59

RESISTANCE : $23, $33

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Want to jump straight to the answer? You can buy QTUM on Robinhood, Kraken and Voyager.

Bitcoin (BTC) and Ethereum (ETH) are the two largest cryptocurrencies on the market — BTC’s market cap surpassing $1 trillion and ETH’s surpassing $300 billion in the last month. But Bitcoin and Ethereum have very distinct goals: Bitcoin is a store of value akin to digital gold, while Ethereum is a development platform that’s been compared to digital gasoline or oil.

Bitcoin’s beauty comes from its simplicity while Ethereum has an endless range of possible projects that can be adapted to its platform.

Here’s a thought — what if you combined the functionality of Ethereum with the security of Bitcoin? You might come up with something like Qtum, the open-sourced blockchain that promotes itself as a modifiable, decentralized application platform with unique advantages that neither Bitcoin or Ethereum can claim.

Qtum is a decentralized application network that uses proof of stake (PoS) to enable smart contracts to be built on top of its blockchain. However, the core of the network is run similar to Bitcoin’s model for transactions. Think of Qtum as a multi-layered cake, with Bitcoin’s transaction prowess on the bottom and Ethereum’s virtual app-building playground on top.

Like Ethereum, any number of projects and systems can be built on top of the Qtum blockchain, for which miners are paid in Qtum for approving blocks. The supply of Qtum is finite like Bitcoin and the blockchain is more secure thanks to the dual-natured technology connected by the Abstract Account Layer (AAL).

The Qtum project began in 2016 as developers sought to build a platform that could incorporate the security and seamlessness of BTC transactions onto an Ethereum-type network without exorbitant power usage.

The result was Qtum, which is pronounced Quantum. Qtum basically broke down and rewrote Bitcoin’s code to enable the unspent transaction output (UTXO) system to function on a blockchain similar to Ethereum.

UTXO is how the network measures how much Bitcoin is in outstanding wallets. UTXOs are unique to each individual user. Qtum uses UTXOs as the base layer of its network, unlike Ethereum, which uses an account-based chain to keep a tally of its tokens.

Qtum claims the 3rd largest node network in the world behind Bitcoin and Ethereum with nodes on every continent except Antarctica. Qtum uses the abstract account layer (AAL) to link the underlying UTXO system with the Ethereum virtual machine (EVM) or x86 virtual machine. The AAL acts like a translator, enabling Qtum developers to utilize the best aspects of the networks behind both Bitcoin and Ethereum.

QTUM is readily available for purchase at several different exchanges, but the traditional U.S. ones like Coinbase and Gemini don’t have it available. You’ll need to use Crypto.com, Kraken, Binance or Bitfinex to purchase QTUM.

Opening an account with cryptocurrency brokers like Coinbase and Gemini is swift and easy, but unfortunately, you won’t find Qtum among their list of tradable assets. To trade QTUM, you’ll need to use an exchange that has it listed — Kraken, Crypto.com and Binance.US are the best choices for American traders. 

However, while these exchanges are reputable and safe, they are headquartered outside of the U.S., which means the signup process is a little more invasive, and you could wind up paying international transaction fees on top of commissions and miner fees. Offshore exchanges do have benefits though, such as more available assets to trade and better staking rates.

Kraken is a cryptocurrency that offers access to more than 50 supported coins and tokens, staking capabilities, futures trading and more. Kraken offers a variable maker-taker fee schedule, which often results in lower fees compared to flat-rate brokerages.

In addition to a wide range of crypto choices, Kraken offers customizable ordering platforms and mobile apps that you can use to fully refine your trading experience. There’s plenty to love about trading on Kraken. It appeals to both seasoned professionals and new investors looking to learn more about the market.

Voyager is a leading name in the sphere of cryptocurrency investing, giving you access to over 50 tokens and coins. Buy, sell and swap assets using Voyager Crypto’s simple mobile platform available as a free download for iOS and Android users. 

When you invest through Voyager, you’ll pay nothing in commissions, which is a major benefit when compared to other cryptocurrency brokers. Voyager is also one of the only brokers we’ve seen that allows users to earn interest on their crypto investments. 

Though the broker could do more to improve its customer service, it’s an excellent option for beginner investors and seasoned professionals alike.

A wallet is a secure place to store your digital assets, such as cryptocurrencies and nonfungible tokens (NFTs). Wallets are separate from your brokerage or exchange account and less susceptible to hackers. You don’t need a wallet to buy and sell cryptocurrencies, but it is a convenient (and safe) way to keep your investments in one place. Crypto investors have two different types of wallets to choose from:

The Ledger series of cold wallets is one of the most trusted names in the crypto industry. Ledger hardware wallets can be used by a large swath of different digital assets, including hard-to-locate coins like Qtum and Nano. The Ledger Nano X is the newest innovation from the company and the best if you’re looking for cold storage.

Qtum has its own software wallet that allows easy transfer of your tokens across mobile and desktop applications. Despite the simple interface, you’ll only be using it to store your QTUM. If you want a more diverse wallet, use Trust Wallet for iOS or Android, which can store cryptocurrency and NFTs.

Once you’ve opened an account with an exchange where Qtum is available, you’ll need to fund your account and make your investment. When using exchanges like Kraken and Crypto.com, you’ll need to wait a little longer for your funds to be accessible and you’ll need to be wary of international fees. Make sure you understand all the extra costs so you can properly calculate your returns.

After buying QTUM, you’ll have three options: hold it, sell it, or convert it to a different cryptocurrency. Selling and converting QTUM will come with various fees and commissions. If you want to convert a different crypto like BTC or ETH into QTUM, make sure you understand any associated exchange fees. 

Selling QTUM for U.S. dollars will create a taxable event, which could create complications if you’re using an international-based exchange. Yes, not only do you need to deal with international fees, but also international tax considerations.

The cryptocurrency market is a volatile and unpredictable one, plus it trades 24/7. You’ll need to keep a closer eye on your crypto investments than your typical stocks or bonds. Here are today’s crypto prices:

Qtum has potential because it combines some of the best elements from the two mainstay cryptocurrencies into a single digital platform. And it’s true that Qtum can perform some tasks that neither Bitcoin or Ethereum can match. But it’s still early in the game for Qtum, which is both exciting and nerve-wracking. 

On one hand, this could be a ground-floor type opportunity for investors to get in early on the next big cryptocurrency. On the other hand, many promising coins have failed to grasp market attention and simply faded away into oblivion. Cautious optimism isn’t a bad mantra to take if you want to buy QTUM.

Qtum Chain Foundation, the blockchain platform, is launching a new Venture Capital fund that will be headquartered in its home office, in Stockholm, Sweden. It is called Qtum VC group and is designed to offer both funding and ideas to early-stage blockchain projects.

The Director of the group, Antonio Saaranen, commented:

“Our initial pledge for the fund will be $10M, and we’re open to partnering up with similar entities in the crypto space. We will have a blockchain agnostic approach in this fund and are willing to work with any projects that wish to contribute to the blockchain ecosystem as a whole. With this venture capital group, Qtum can take advantage of our team’s deep experience in blockchain and, at the same time, help aspiring projects hit the ground running and come to the market.”

Qtum has been very successful in the blockchain sector and is likely to continue to grow its presence globally. Some of the areas that Qtum VC is interested in supporting are green applications for blockchain, NFTs, and decentralized finance (DeFi). It will also look at layer 0 and layer 2 projects.

Many of the ideas that can help blockchain grow into an industry-standard technology have already been shown to be 100% viable in the real world. As blockchain solutions are developed further, many more small companies will adapt existing use cases to new markets.

Green energy is an especially interesting area that blockchain companies been successful in developing game-changing platforms. Power Ledger has developed technology that makes keeping track of small and medium-scale solar generation output easy, which completely changes the dynamics of a solar-based energy grid.

This technology can be adapted to other markets and other use cases.

From a technical perspective, it doesn’t really matter if a blockchain is keeping track of solar power or some other form of small-scale generation. The cost of developing platforms like the one Power Ledger has isn’t prohibitive, especially if it means more efficient use of a valuable resource.

There are, of course, many other ways that blockchain can be used in green technology, which is only one of the sectors that Qtum VC will likely support.

A number of high-profile VC funds are entering the blockchain space. A16z is reportedly dedicating $1 billion to a new blockchain fund, and longstanding blockchain investor Pantera Capital is looking for another $600 million for a new fund that will be blockchain specific.

It isn’t difficult to see why intelligent investors are entering the blockchain VC space. Blockchain technology now has numerous successful rollouts and a robust global development environment.

The simple fact is that blockchain platforms create ways for new technology to be effective commercially, and also create ways for people to take full advantage of the global IT network.

In the case of DeFi, blockchain actually allows people to enter the financial system, and with blockchains like Qtum’s, avoid some of the pitfalls that both Bitcoin and Ethereum have fallen into.

While Bitcoin was an amazing first use of Blockchain, the Proof-of-Work (PoW) system it uses is a serious drawback. Unlike Bitcoin, Qtum uses a Proof-of-Stake (PoS) architecture, which means much lower costs, and higher speeds.

Now Qtum can take the lessons it learned in creating its blockchain, and help other companies to enter the market with well-developed ideas, and a solid footing.

There are many ways that blockchain-based systems can help make the world better, and with the kind of funding that is hitting the blockchain VC market, some great ideas will get the support they need.

Qtum (QTUM-USD) Cryptocurrency is currently on bearish momentum by 17.16% in the last 24 hours. At 07:13 EST on Monday, 17 May, Qtum (QTUM-USD) is at $17.84.

About Qtum’s daily highs and lows, it’s 7.53% up from its trailing 24 hours low of $16.59 and 17.22% down from its trailing 24 hours high of $21.55.

Currently, Qtum (QTUM-USD) has 242177 Twitter followers and 16578 Reddit subscribers.

As of now, on Github, there are 347 forks, 1102 stars, and 196 subscribers.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Qtum’s crypto is considered to be overbought (>=80).

Elon Musk just reopened an old wound in the Bitcoin world. According to Bloomberg Quint on Sunday, 16 May, "But a statement he made on Saturday night about Dogecoin really picked open an old Bitcoin scab.", "Then last week, Tesla announced that it would no longer accept Bitcoin as a payment becauseto energy consumption, making the heel-turn complete."

Musk implies Tesla May sell or has sold Bitcoin holdings. According to Bloomberg Quint on Sunday, 16 May, "Elon Musk implied in a Twitter exchange on Sunday that Tesla Inc. may sell or has sold its Bitcoin holdings.", "On May 12, Musk tweeted that while the company was suspending Bitcoin for car purchases, it wouldn’t be selling any Bitcoin."

Bitcoin crashes to $42,000 after Elon Musk tweet-storm – but rebounds after he clarifies Tesla hasn't sold its holdings. According to Business Insider on Monday, 17 May, "A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. "

Jack dorsey says Bitcoin changes everything ‘for the better’. According to Bloomberg Quint on Friday, 14 May, "Square Inc. Chief Executive Officer Jack Dorsey said Friday that the payment processing company would "forever work" to make Bitcoin better.", "Financial News had earlier cited Ahuja as saying that Square has has halted its Bitcoin purchases after a $20 million loss in the coin last quarter."

More news about Qtum (QTUM-USD).

Qtum Cryptocurrency is currently on bullish momentum by 41.90% in the last 24 hours. At 18:20 EST on Thursday, 6 May, Qtum is at $24.70.

Currently, Qtum has 236938 Twitter followers and 16277 Reddit subscribers.

As of now, on Github, there are 342 forks, 1095 stars, and 196 subscribers.

Qtum’s last week, last month’s, and last quarter’s current volatility was 6.84%, 6.84%, and 6.84%, respectively.

Qtum’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 6.84% (last week), 6.84% (last month), and 6.84% (last quarter), respectively.

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Qtum’s crypto is considered to be oversold (<=20).

Bitcoin miner iris is said to weigh Australia’s first SPAC deal. According to Bloomberg Quint on Monday, 3 May, "The facilities run Bitcoin mining equipment powered by renewable energy, according to its website. "

Bitcoin traders in U.S. lack investor protections, gensler says. According to Bloomberg Quint on Thursday, 6 May, "But there are some areas, particularly Bitcoin trading on large exchanges, that the public is not currently really protected.", "U.S. investors lack protections when they trade Bitcoin on cryptocurrency exchanges, Securities and Exchange Commission Chairman Gary Gensler told lawmakers."

Square revenue more than triples, driven by Bitcoin purchases. According to Bloomberg Quint on Thursday, 6 May, "Square Inc.’s quarterly sales more than tripled, surpassing analysts’ estimates, driven by skyrocketing Bitcoin purchases through the company’s Cash App.", "Still, gross profit from those Bitcoin transactions was just $75 million, reflecting the fees that Square collects."

Goldman offers new Bitcoin derivatives to wall street investors. According to Bloomberg Quint on Thursday, 6 May, "But client interest and Bitcoin’s astronomical price gains — reaching a high of almost $65,000 in April — have turned many bankers around, with Morgan Stanley making a Bitcoin trust product available to its customers and JPMorgan working on a similar offering.", "Goldman, which still isn’t active in the Bitcoin spot market, introduced the wagers to clients last month without an announcement."

More news about Qtum.

Qtum (CURRENCY:QTUM) traded up 0.7% against the dollar during the 1 day period ending at 21:00 PM Eastern on January 5th. Over the last week, Qtum has traded up 13.1% against the dollar. Qtum has a total market capitalization of $251.81 million and $465.05 million worth of Qtum was traded on exchanges in the last 24 hours. One Qtum coin can currently be bought for about $2.58 or 0.00007563 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

About Qtum

Qtum Coin Trading

Qtum can be bought or sold on the following cryptocurrency exchanges:. It is usually not currently possible to buy alternative cryptocurrencies such as Qtum directly using US dollars. Investors seeking to trade Qtum should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Qtum using one of the aforementioned exchanges.

Dear LOEx users: QTUM will launch on LOEx Global, and the specific time for opening QTUM/USDT trading pair are as follows: Withdrawal: 15:00, April 4(UTC+8) Deposit: 15:00, April 3(UTC+8) Trading pair: 15:00, April 2(UTC+8) Note: Please do not recharge in advance until the recharge time is opened. If there are abnormal recharge assets, there will be a risk of loss, and the loss of assets will be borne by the user.

Token introduction Abbreviation: QTUM Full name: QTUM Official website: https://qtum.org/zh Block query browser: https://qtum.info/ Coin introduction: Qtum Blockchain (referred to as "quantum chain" or "QTUM") is committed to developing a third blockchain ecosystem other than Bitcoin and Ethereum, through the Value Transfer Protocol to achieve point-to-point value transfer and based on this agreement, build a decentralized application development platform ("DApp Platform") that supports multiple industries (including finance, Internet of Things, supply chain, social, gaming, etc.). By merging an improved version of the Bitcoin core infrastructure and a compatible version of the Ethereum virtual machine, QTUM has both the indestructible blockchain network of Bitcoin and the unlimited possibilities of smart contracts. QTUM coins are used to access Dapp, token voting, community autonomy, application function consumption/payment.

Risk reminders: 1. The market price function was closed on the launch day of the coin and resumed on next day. 2. For new blockchain assets, users should pay attention to the risk of chasing high. 3. Digital assets are innovative investments based on the application of blockchain technology, which has a large risk factor. Please make sure you have made a careful decision after you have knew and understood the relevant knowledge of digital asset investment. 4. Users from countries and regions such as China and Singapore, in view of the possible changes in the global regulatory environment, please consult with the lawyers in your country and region before participating in the transaction in order to strictly comply with local laws. LOEx reserves the right to terminate the provision of services to users who may violate the relevant laws of the country and region at any time. 5. LOEx does not participate in any project's private placement, primary market raising, and lock position. We only provides a free digital currency trading platform, does not guarantee any value of our issuance, and is not responsible for compensation. After understanding the project content and the above risks in detail, please participate carefully within your own risk tolerance. If you cannot accept it, please do not participate. 6. LOEx supports and recognizes relevant regulations such as KYC / AML (Anti-Money Laundering) for users in the countries and regions that support operations. Please make sure that the source of the transferred assets is legitimate and the identity information is true and valid.

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LOEx Global April 1, 2021

Qtum Foundation, a Singaporean non-profit organization, created Qtum platform in 2016. The platform is designed to help companies or organizations create smart contracts while allowing users to do transactions like Bitcoin. Users are able to build apps and create smart contracts on the blockchain while managing transactions easily.

Since Qtum is an open source platform, users are able to modify the code so they can write smart contracts on top of it. As a result, there will be layers of applications running on the EVM. Ethereum has good blockchain mechanism, but the security isn’t impressive. Blockchain, on the other hand, is safer and more trusted. It’s only logical to combine both beneficial features within a single platform.

You can basically use debit card, credit card, or even PayPal to buy the Qtum (or any other cryptocurrencies). However, the transaction won’t be direct. It’s not like you pay with cash and you get the Qtum as the exchange.

With cryptocurrency, things are different. You need to use debit card or credit card to buy the Ethereum or Bitcoin first. After you get the Ethereum or Bitcoin, you can convert it to Qtum. It takes several stages and processes. You need to gain access to the reputable cryptocurrency exchange first to make sure that everything is safe and sound.

In general, the process would be:

There is no better way to get started with cryptocurrencies than aiming high for the big boys. You have to buy your first shares of Bitcoin or Ethereum by creating an account at COINBASE. The best to do so is by creating a confirmed account in the platform and explore your options.

The site will ask for some basic information about yourself, make sure to tell the truth. Otherwise, you could face withholding of your investment. Make sure to type your name, your e-mail, and your password correctly. The stronger your password is, the safest your money will be. You will be asked to check your status as a living being using a re-captcha box and to agree to the terms of use of the platform.

That’s the first step in buying Qtum, once you get your Bitcoin or Ethereum, you can continue to the next step.

After you have your Coinbase account, you need to choose a cryptocurrency exchange to make your deals, then you need to transfer your newly purchased BTC or ETH from your Coinbase wallet.

With so many options out there and so many unbalanced reviews across the internet, it can be quite challenging to choose the right exchange service. Since we are looking out for you and we are interested in making you win money as well, we have taken the liberty of picking ten of the best ranking exchanges you can contact on the internet. For the sake of transparency, we can tell you that our operations keep running each time you click on these recommendations.

These are the best exchanges we can recommend for you to exchange BTC or ETH with Qtum:

Coinswitch is not exactly an exchange service, but more like an aggregator system that works with similar mechanisms as established exchanges. They allow the investor to get in touch with different exchanges and get all the information they need about the deals they offer for their listed digital currencies.

IMPORTANT! Once you are registered to any of the above, find the BTC/QTUM or ETH/QTUM trading pair and then place the order to buy those pairing cryptocurrencies. Go back to COINBASE and transfer/exchange your Bitcoin/Ethereum.

As your portfolio of crypto assets expand, you will need to have a crypto wallet to keep your goods safe. There are thousands of service providers on that end, and choosing the right one would take an entirely new guide to share some knowledge about this topic.

You can install one of these wallets in your hardware. That way, you can keep your currencies in your devices, such as your desktop or laptop. If you prefer, you can also use an online wallet to keep your holdings safe on the internet.

There are also options to have mobile wallets installed on your smart device, but most of them are lacking in the space department. The final option would be a paper wallet, which is nothing more than a euphemism to get an official legal document that states the content of your wallet and the keys to gain access to them.

For Securing your Qtum (QTUM) We recommend you to use hardware wallet which support many cryptocurrencies – Choose between these two: Ledger or Trezor

LEDGER NANO-X

TREZOR MODEL-T

Also Read:

You won’t be able to buy this directly with PayPal. If you are going to use PayPal, you need to buy Bitcoin or Ethereum first and then exchange it with the Qtum. You can use LocalBitcoins to find BTC or ETH seller who accept paypal as payment.

You can’t buy it directly, you need to get bitcoin/ethereum first. buying BTC or ETH with cash you can do the following:

You can’t buy QTUM directly with skrill but you can buy Bitcoin/Ethereum first using Skrill and exchange it later to Qtum. You can buy BTC/ETH with skrill by using these exchanges::

Yes, you are basically exchanging your Bitcoin with this. Just head to any exchanges listed above, find trading pair BTC/QTUM and begin the transactions.

Yes, the process is similar to using Bitcoin: Find a criptocurrency exchange which support ETH/QTUM trading pair.

The cheapest way is to use bank account to buy Bitcoins first or to buy the Qtum right away. The fastest way is to use a credit card but you will then be charged higher fees.

Once you have purchased the Qtum, transfer it to your wallet. We recommend using hardware wallet, here are some recommendations:

Securely trade on-the-go and manage a large number of assets at the same time, with only one device.

The next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence.

Find a crypto exchange which allow pairing QTUM with BTC or ETH – convert it back to Bitcoin or Ethereum, then sell your BTC or ETH for a fiat currency.

You can’t mine this actually. It has a completely different network and structure than the regular Bitcoin. The only way to own a Qtum is to buy it from a reliable exchange.

Qtum platform provides a functional and convenient place for business to create smart contracts in a safer way. By combining the best technology from Ethereum and the safety from Bitcoin, everyone can enjoy the offered features of this platform. Anyone interested in making a smart investment while managing digital smart contracts should consider this platform.

The list below shows exchangers where you can exchange Qtum (QTUM) to Bitcoin (BTC). The exchangers are sorted by the rate, with the best rates on the top. To select an exchanger, you may want to check its reserves and reviews. To exchange money, click on the exchanger you choose and go to its website.

The first-time visitors of our exchanger monitor can check out the video demonstrating all exciting features of our service.

All exchangers specified in the list provide the service of exchanging Qtum to Bitcoin automatically. You can use our instructions in the FAQ section if you have never exchanged electronic money at our site before and you come across any difficulties with the exchange process.

Keep in mind that change rates Qtum Bitcoin can be better when you go to an exchange site from the BestChange.com monitor than when you visit exchangers in a regular way.

If you cannot find how to exchange the money after you go to the site, contact the exchanger operator (administrator). It is quite possible that no automatic exchange Bitcoin is available at the moment and your exchange will be processed manually.

If you fail to convert Qtum cryptocurrency to Bit Coin cryptocurrency in the exchanger you got interested in, let us know about it so that we can take the necessary measures in time (discuss the problem with the owner or exclude the exchanger from this exchange direction). You can also visit our forum in order to view offers about manual exchange from our other visitors.

Every exchanger present on our website has been thoroughly checked before listing, and BestChange team constantly monitors their due performance. This increases safety of financial transactions in exchangers listed in the monitor. When choosing an exchanger, please pay attention to the reviews left by other users, the condition of the exchanger's website, reserves, and the current status of the exchanger on our monitor.

The price of QTUM has risen above $35 for the first time in three years, as the team’s attention on DeFi and staking draws new customers.

After rising 1.510 percent in 2021, the QTUM price reached an all-time high of $35.70 on May 7. This mysterious altcoin, which debuted in September 2017, is a fork of the Bitcoin Core 0.13 version, but it also includes the Ethereum virtual machine (EVM) and smart contract execution capabilities.

Following Bitcoin’s (BTC) April 23 plunge to $47,500, QTUM saw a 52 percent drop in four days before bottoming out at $10. However, the condition for the altcoin changed on May 5, when QTUM began a 160 percent rally in two days, hitting a high of $35.70.

The primary aim of the open-source framework is to offer basic resources for everyone to use in order to build decentralised applications (dApps) while retaining a high degree of network protection. To deter malicious nodes, the project choose a slightly different Proof of Stake (POS) variant, and a certain number of blocks are required for the staking tokens to become legitimate.

Aside from providing an on-chain shared governance protocol, Qtum blockchain supports smart contract programming languages other than Solidity. Token holders have the ability to vote on network criteria such as block size and the base gas charge.

Although the Qtum blockchain has an on-chain governance mechanism, it also has an off-chain framework for accepting and managing larger protocol updates. Decentralized finance (DeFi) has recently been established as a priority area for the protocol, and steps have been taken to attract new ventures.

This strategy seems to be finally paying off, as the number of daily network transactions peaked on May 6.

Offline staking was introduced in August 2020 and has since expanded to account for more than half of all staking operation on the Qtum blockchain. Investors who do not wish to manage their own nodes should delegate their coins to a non-custodial entity.

Value Network announced plans to move away from Ethereum on March 17 due to network congestion and high costs. It is now migrating to the Qtum smart contract and DApp network and has been awarded a development grant to expedite the process.

On March 31, Qtum founder Patrick Dai announced that the protocol was in the process of enabling smart contracts for Filecoin (FIL) through the Qtum network.

On April 30, the network hard forked from a 128-second block average to a 32-second block average. The four weeks it used to take for an average-sized staker to become legitimate has now been shortened to a single week.

Another explanation for QTUM’s latest surge is interoperability. The team is working on Neutron, a blockchain-agnostic interface that will enable virtual machines to operate on several blockchains. Furthermore, QiSwap, its own DEX, allows users to create DeFi applications and have liquidity on top of the Qtum blockchain.

Qtum aims to deal with serious smart contract contenders such as Cardano (ADA), Polkadot (DOT), VeChain (VET), and Solana (SOL), and the initiative has a market capitalisation of $2.74 billion.

However, in order for QTUM’s price to rise, investors would most likely want to see more decentralised apps and complete value locked (TVL) on the network.

Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it has gained 3.5% during the last 24 hours. Meanwhile, bitcoin charts show a pending golden crossover which to many means the overall market outlook looks bullish.

Bitcoin Hits Resistance Above the $52K Handle

Digital asset markets are in the green today and many crypto assets have seen single to double-digit gains during the last 24 hours. At the time of writing, the entire crypto-economy of 10,000+ cryptos in existence is around $2.45 trillion on Monday. Bitcoin (BTC) has gained more than 3.5% today and 6.3% during the last seven days. On Monday morning (EST), BTC surpassed the $52K zone reaching $52,230 per unit. Many assume BTC’s next few months will be bullish and a pending golden cross chart signal indicates this may be the case.

Basically, when the short-term moving average jumps over the long-term moving average and starts moving northbound, traders call it a golden cross and assume an upward trend is coming. “On Friday, BTC broke through the resistance of $50,500, paused for the weekend, and exceeded $51,500 on Monday, where it is now struggling to hold on,” Fxpro senior financial analyst Alex Kuptsikevich told Bitcoin.com News.

“Actually, Bitcoin has been trading above $50,000 since last week as the bulls managed to keep the rate above the 200-day moving average. In light of this, the price of ‘over fifty’ has become quite common over the past few days,” Kuptsikevich added. The analyst further stressed:

Anchoring above this mark will open the way to $60,000 and may become a catalyst for a fully-fledged reversal of the crypto market.

Ethereum Closing in on All-Time Highs, Myriad of Other Cryptos See Double-Digit Gains

Meanwhile, ethereum (ETH) is only up 0.3% today but over the last week, ether has gained 22.2%. ETH hit a high above the $4K handle on September 1, but has been below that region since then. Simon Peters, Etoro’s crypto-asset analyst, says ether is headed toward all-time price highs.

“Ether is closing in on all-time highs while bitcoin has reached above $50,000 for the first time since mid-May,” Peters said. “ETH surged in the last week, coming close to breaching the $4,000 level. The crypto asset began the week below $3,200 but rose quickly through the week, reaching $3,981 by Friday. Over the weekend gains have flattened but remain trading in this range,” he added. The Etoro crypto analyst continued:

A confluence of factors is contributing to the rising price of ETH. ETH burning, staking, gas fees, transactions, and locked away tokens on defi are all working in concert to support price levels. BTC meanwhile has hit above $50,000 for the first time since mid-May. The crypto asset started the week with falls to below $47,000 before rallying midweek above $50,000. In early trading today BTC has surged again, closing in on $52,000.

As bitcoin and ethereum have seen some gains and of course attention, a number of other crypto-assets have seen better returns over the last 24 hours. Coins like quant, omg network, filecoin, ftx token, fantom, qtum, chainlink, mdex, bitcoin cash, and EOS have all seen double-digit 24-hour gains.

What do you think about bitcoin and the rest of the crypto economy’s recent improvements? Let us know what you think about this subject in the comments section below.

Qtum, the decentralized #Blockchain applicationplatform, is capable of running Smart Contracts on multiple virtual machines,with Proof-of-Stake consensus.  The Qtum team is continuing to work hardconcerning offline staking.  They areworking on QtumNeutron, Electrum, and much more.  The weekly development updates help userskeep a tab on the happenings in the community.

Recently,the weekly updatesfeatured the release of Qtum version 0.19.0.1, making #Qtum one of the most up-to-date Bitcoin Forks.

Coincheck will, therefore, permitits users to send, receive, buy, and sell Qtum. 

Qtum is working with Google and Amazonto come up with their own Dapps platform. Qtum plays a very important role indefining the blockchain economy. Qtum particularly leverages the securityprovided by UTXO.  It is based on PoSand, therefore, a (DGP) Decentralized Governance Protocol. Accordingly,specific blockchain settings are modified using smart contracts. If the blocksize of the Qtum should be increased, it can be done without needing a hardfork.

QIPs are QTUM improvement proposalsthat are generated by both developers and the community.  The QIPs are sometimes from enterpriseusers.    The Nodemap  provides details of the Global NodeDistribution. Qtum offers a full Nodes incentives program.

In short, Qtum is focusing on forminga bridge between the Bitcoin and Ethereum communities and also serve as abridge between traditional companies like “Baidu, Alibaba, Tencent,NASDAQ, and others.”

Executives from some of China’slargest technology companies back QTUM.

Binancevery recently announced that they would be launching a perpetual contract forQTUM. When talking about QTUM, Binance pointed out that it is a hybridblockchain application platform.  Furtherstated that the core technology of Qtum combines a fork of Bitcoin Core, theaccounts abstraction layer, which provides for multiple virtual machines whichinclude Ethereum Virtual Machines (EVM) Proof of Stake Consensus which tacklesindustry use cases.

, Binance's trading platform for customers based in the U.S., on Thursday (November 14) that it is going to add support for one more cryptoasset:.Binance.US, which was launched in September 2019, is a digital asset exchange that islicensed from Binance but is operated by San Francisco-based BAM Trading Services.Other cryptoassets that Binance.US has listed in the past few weeks include:November 7: VeChain (VET)October 29: Waves (WAVES)October 24: Dogecoin (DOGE)October 22:BUSD and IOTAOctober 17:Algorand (ALGO) and Zcash (ZEC)October 15:Dash (DASH)October 10:Chainlink (LINK) and Ravencoin (RVN)The two new trading pairsQTUM/USD and QTUM/USDTareset to go live at 21:00 EST on 14 November 2019 (or 01:00 UTC on 15 November 2019). Only once trading in these pairs has gone live will withdrawals be possible.This latest addition means that by tomorrow Binance.US will have the following trading pairs on offer:BTC Pairs:ETH/BTC, XRP/BTC, BNB/BTC, LTC/BTC, BCH/BTC, andBTC/BUS.USD Pairs:BTC/USD, ETH/USD, XRP/USD, BCH/USD, LTC/USD, BNB/USD, USDT/USD, ADA/USD, BAT/USD, ETC/USD, XLM/USD, ZRX/USD, LINK/USD, RVN/USD, DASH/USD, ALGO/USD, ZEC/USD,BUSD/USD, IOTA/USD, DOGE/USD, WAVES/USD,NEO/USD, ATOM/USD, QTUM/USD.USDT Pairs:BTC/USDT, ETH/USDT, XRP/USDT, BCH/USDT, LTC/USDT, BNB/USDT, ADA/USDT, BAT/USDT, ETC/USDT, XLM/USDT, ZRX/USDT, NEO/USDT, ATOM/USDT, VET/USDT, and QTUM/USDT.Featured Image Credit: via Pixabay.com

Japan-based cryptocurrency exchange Coincheck announced today about adding QTUM cryptocurrency to its platform. There is no specific timeline about the tradings, though. By adding QTUM to its platform, the Coincheck cryptocurrency support list expands to 12.

QTUM was announced in 2016. Qtum Foundation is responsible for its development, and the cryptocurrency is based on an open-source blockchain. Qtum promises the benefits of bitcoin and ethereum simultaneously.

The developers claim that features like smart contracts are available on the QTUM platform, and also, the users can benefit from high-level security as in bitcoin blockchain. Qtum also supports decentralized applications (Dapps) like the ethereum platform. The token is traded at $2.48 at the time of writing and is ranked 36th in the list of cryptocurrencies.

Google and Amazon Web Services are two of the main partners of the Qtum Foundation. The partnership aims to make Dapps development environments.

Coincheck is one of the most famous exchanges in Japan, headquartered in Tokyo. Its most popular service is buying and selling cryptocurrencies with fiat JPY. It works as a subsidiary of Monex Group from April 2018.

Adding QTUM to the Coincheck platform means that more Japanese users can trade this cryptocurrency with the other 11 listings and also fiat money. That means more users for QTUM and maybe a price hike shortly.

Coincheck doesn’t provide a schedule about adding QTUM to its platform. Anyway, the press note confirms that QTUM will be available in all its services.

Remittance, receipt, purchase, and selling QTUM will be available on the Coincheck platform once it’s listed. Besides, Qtum owners can take advantage of lending virtual currency service that is available in Coincheck web application. Users lend their cryptocurrencies to the exchange with that service using a loan contract. After the agreement period is finished, Coincheck pays the users with a confirmed percentage rate.

Coincheck warns users at the end of the press release about the Qtum price. “Immediately after the start of handling, prices may become unstable due to concentration of transactions,” says the press release.

Qtum is pronounced as “Quantum” which is a blockchain hybrid network based on smart contract enterprise applications. In view of a focal fork of bitcoin which joins the safe blockchain of bitcoin with a virtual organization near Ethereum. As far as market top, QTUM is the local badge of the organization and reliably positions in the main 20 virtual forms of money. Visit here for Bitcoin if you want to invest first time in bitcoins.

Introduction about QTUM price prediction

There are many factors that may lead to the importance of QTUM ‘s development or decline. Cryptocurrencies are unpredictable and complex commodities so the investors had to look at the risks and opportunities ahead to get a better view of where QTUM ‘s price could be heading.

Advantages for QTUM Growth

As indicated by CoinMarketCap, the circling load of QTUM was 73,947,180 out of a possible flexibly of 100,447,180 QTUM at the hour of distribution. This would additionally raise interest for the stage and its local token if the Qtum stage will turn into the main organization for creating business-situated related to decentralized applications.

After the crowd sale of the undertaking in March 2017, almost 51 % of all QTUM tokens were delivered. 20% of the rest of the tokens were saved for initiators, early contributors and the creative group of the Qtum Foundation; 20% for business creation and 9% for essential examination, instruction, and market extension.

On a wide assortment of cryptographic money markets, QTUM can be obtained and exchanged, which not just makes it advantageous for speculators to reach yet in addition to loans distinction to what exactly is as yet a generally youthful undertaking.

Qtum is coordinated and directed by The Qtum Foundation, a non-benefit association enrolled in Singapore. Built-up under the direction of PwC the establishment’s job is to manage the advancement of the Qtum Blockchain, advocate administration straightforwardness and advance the wellbeing and congruency of the open-source biological system.

One of the benefits of Qtum is its support for the Ethereum Virtual Machine which suggests that it should be possible to conveniently port Ethereum-based DApps to Qtum. Plans in the future to support other virtual machines will improve their utility.

More than 50 DApps had just been delivered on Qtum including the Emergo, Qbao and Veuve DApps. In the event that you can fabricate a greater number of famous DApps in the months ahead, this will help push the stage’s progress.

Disadvantages of QTUM progress

The key to Qtum ‘s development would be whether large partnerships grasp it or not. In the event that it can’t set up enough associations with huge corporate brands. The stage’s fame and its local token might be affected by it.

Although Ethereum is a well-established network since July 2015, QTUM only operates for a much shorter timeframe. Although the company definitely seems to have lots of momentum behind it.

There are a few other keen agreement stages engaging for a piece of the overall industry. The greatest is no uncertainty Ethereum. However, Qtum will likewise confront solid rivalry from any semblance of NEO and EOS. The test of ousting Ethereum and accomplishing more noteworthy ubiquity than different undertakings will be a major one.

Since Qtum consolidates innovations from both Bitcoin and Ethereum, any tech challenges experienced by these two frameworks. For example, adaptability challenges may likewise be moved to Qtum. On the other side, this additionally implies Qtum will profit by the activities of bitcoin and Ethereum to support the versatility of the organization.