Qtum (QTUM)
Market Cap
$247,806,673 USD
Volume (24h)
$127,075,838 USD
Qtum investment analysis
Qtum is a Singapore based platform that has one of the more interesting value propositions around. It simply combines the capabilities of Bitcoin and Ethereum by adapting their technologies. It does this by way of bridging both blockchains with compatible adaptations of the Ethereum Virtual Machine (EVM) and the way Bitcoin understands transactions (UtxO) plus bridging their capabilities with their own tech (known as Account Abstraction Layer or AAL), all on top of a Bitcoin fork that serves as the foundation.
There is, of course, more to it than that, but this constitutes the core of how it works. It also has a very neat feature in being permanently backward compatible, a move that will surely set them apart in the future when there is a serious amount of legacy code in the form of smart contracts that does not need to be rewritten and redeployed. Is this the future of Blockchain and crypto?
How to buy?The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.
The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.
How to buy Qtum?
You don't need to search too hard to purchase this coin. It is available in some of the biggest, most liquid exchanges around, including fiat gateways.
Storage is fully covered in all possible areas, from the web to desktop wallets and form mobile to hardware solutions. Every single alternative to keeping your QTUM investment in an exchange is covered in a satisfactory manner so you don't have to worry about choice.
All I saw when I read through this coin whitepaper are grand ideas; I mean, trying to combine the pros of Bitcoin and Ethereum is no small project. But if you are a cryptocurrency geek, you will know by now that several projects hold similar promises. Take a look at projects like Aelf, with a similar goal of making the blockchain more scalable in the mainstream business world. However, one thing I know is if the plan hasn’t been implemented, then it is just another “wanna-be” blockchain project, and like they say, “wanna-bees don’t make no honeys.” What I am trying to bring home is this, if you want to make an investment decision at this point, it will be wise not to base it on some dazzling project that hasn’t been built; rather, I say make your judgments from the project's team, the coin's supply, the current market price, and other already existing proofs.