Qtum Price
QTUM
How Much is 1 Qtum (QTUM)
Convert QTUM to your currency
Last Updated on Dec 27, 2025 05:13 AM
What is Qtum?
About the coin
Qtum is a decentralized and open-source platform that facilitates smart contracts and value transfer protocols. It is built on a hybrid blockchain that combines the stability of Bitcoin's core with the smart contract capabilities of Ethereum. The platform is governed by a Decentralized Governance Protocol (DGP), allowing community participants to vote on network parameter changes.
Main features
Qtum utilizes a proof-of-stake consensus mechanism, rewarding node operators for validating transactions. This approach not only enhances security but also ensures energy efficiency. The platform supports a Turing-complete blockchain stack, enabling the execution of smart contracts and decentralized applications similar to Ethereum.
How it works
Qtum builds on Bitcoin's UTXO transaction model and integrates the Proof-of-Stake algorithm. The project is backed by prominent figures in the blockchain community and has a diverse team with experience from major companies like Tencent, Alibaba, and Nasdaq. During its initial token sale, Qtum raised $15.7 million, distributing 51% of its tokens to the public, with the remainder allocated for community incentives and early backers.
Tangem supports networks for Qtum
Temporarily not supported
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Qtum FAQ
- Qtum is a cryptocurrency built on a decentralized network, enabling secure and transparent transactions. Its blockchain design supports various use cases depending on the project’s goals.
- Key features include scalability, low fees, and fast processing. Qtum supports developers and users who need a flexible blockchain environment.
- They refer to the same cryptocurrency. QTUM is the abbreviated code used in trading platforms.
- Qtum isa cryptocurrency that combines the security of Bitcoin's blockchain model and the flexibility of Ethereum's smart contracts. 1. It uses a proof-of-stake consensus model for creating new blocks, which is far easier and less energy-intensive than Bitcoin's proof-of-work model.
- Quantum computers are posing a serious challenge to the security of the Bitcoin blockchain. Presently,about 25% of the Bitcoins in circulation are vulnerable to a quantum attack.
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