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Qtum’s Latest Price
What is Qtum?
Qtum is a popular Chinese cryptocurrency. It a mash-up of the Bitcoin protocol with the Ethereum Virtual Machine. It really brings the Bitcoin reliability with the smart contract power of Ethereum – the best of both worlds in a single crypto! Qtum and NEO are battling it out for Chinese supremacy in a dwindling Chinese cryptocurrency landscape.
Why the big fuss?
Qtum is based on Bitcoin’s transaction protocols and Ethereum’s smart contract applicability. This convergence helps to augment a new utility for Qtum as a platform and a cryptocurrency. Here are some of the advantages:
- There are only 100 million Qtum’s in circulation.
- The block time transaction speed is 120 seconds.
- Qtum can provide a useful business tool whilst remaining accessible for consumer usage in terms of a strong medium of exchange in a fast-changing digital landscape.
- The blockchain foundation is releasing the supply in a managed way – helping to correct against inflation.
What can I buy with Qtum?
Qtum have developed partnerships with a range of stakeholders. BINGO, a media company, has used Qtum to help build an entertainment ecosystem. A new social network, called Mithril, has used Qtum as a foundation of its community. Banca is partnering with Qtum to work on community banking services based on the crypto blockchain. However, consumer services are still a long way away.
Where can I buy, sell or trade Qtum?
We recommend you buy, sell or trade Qtum at a trusted broker. Our favourite is at the top of this page. You can read our reviews of the top brokers here.