QTUM is an innovative platform that builds and shares calculated and computed blockchain levels to provide greater flexibility. In this case, the multi-level approach of QTUM allows several virtual machines or work environments to work on a block chain.
QTUM Blockchain aims to develop an open source ecosystem for the blockchain community, other than the Bitcoin community and Ethereum. It uses a Value Transfer Protocol to achieve value transfer from a peer-to-peer node and create a decentralized application platform that brings blockchain technology to financial services, Internet Things, supply chain management, social networks, games and other industries.
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How it works?
QTUM is going to revolutionize the way that smart contracts are reviewed, developed and used. QTUM will be the first block platform, allowing DAPPS next generation to become a reality. Developers will be able to create intelligent contracts for QTUM using the main languages.
QTUM uses a decentralized control protocol that allows you to change block parameters such as block size, blocking time, gas schedules and the minimum gas price for contracts that need to be changed without having to use a plug. This allows even more people to be able to use and participate in the platform.
In addition, the QTUM team works diligently on lightning networks and payment channels to pave the way for more than 20,000 transactions per second.
Why choose QTUM?
Innovative QTUM technologies, an integrated management structure and platform applications give it an edge over Bitcoin and Ethereum as a public block chain. QTUM Blockchain is a very promising blockchain ecosystem, as it perfectly combines the benefits of Bitcoin and Ethereum and eliminates the inherent problems of existing block systems.
QTUM uses evidence of an agreed consensus protocol that allows anyone with just one qtum to protect the network. From the QTUM consensus algorithm to support the Simple Payment Verification protocol, their goal is to decentralize the network and bring smart contracts to everyone, including new customers who do not participate in the community.
QTUM aims to create a globally influential community with open source, collaborating with other communities of blockbusters, third-party developers and technical innovations. The ultimate goal of QTUM is to bring blockchain technology into finance, social networks, games and other industries.