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Qtum
Qtum is an open-source, public, Proof-of-Stake (PoS) blockchain platform that merges Bitcoin's secure UTXO model with the Ethereum Virtual Machine (EVM) for smart contract functionality. It enables developers to build decentralized applications (dApps) and NFTs in a secure, scalable, and censorship-resistant environment. Users can stake QTUM tokens to help secure the network and earn rewards.
Distributed
Description
Qtum is an open-source, public blockchain platform that combines the security of Bitcoin's UTXO model with the smart contract capabilities of the Ethereum Virtual Machine (EVM). It operates on a Proof-of-Stake (PoS) consensus mechanism, making it an energy-efficient and scalable solution for developers. Key features include a Decentralized Governance Protocol (DGP) that allows for on-chain parameter adjustments without hard forks, and a robust infrastructure with over 500 nodes distributed globally. Qtum supports the creation of decentralized applications (dApps) and NFTs, offering a multi-wallet ecosystem and tools like the Qtum Bridge for cross-chain asset transfers. To foster growth, the platform has a $15 million developer incentive fund to support projects, particularly in the DeFi space.Grant Funding
VC Funding
None
2017
2018
$0
$16M