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Qtum (QTUM)

#30

Qtum is a Chinese blockchain company whose protocol shares Ethereum's ability to execute smart contracts, but is “built upon Bitcoin's well-established UTXO transaction model and employs a proof-of-stake consensus mechanism that is more practical for business adoption.


Qtum (QTUM) Pros | 6

Qtum utilizes a native multisig wallet which is proven to be secure. Qtum is finishing up the X86 VM, allowing multiple programming languages. Fully decentralized. Up to 1000TPS + soon

Agree | 4
Disagree | 0
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Ethereum virtual machine is used, so Ethereum contracts will be possible to run on Quantum with some minor adjustments.

Agree | 3
Disagree | 0
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proof of stake, so no mining blocks. No masternodes as well. Anyone with any amount of coins will be able to run a node, create a new block in the blockchain and get block reward.

Agree | 3
Disagree | 0
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Qtum developers took Ethereum smart contracts and put them on Unspent Transaction Output model from Bitcoin (as opposite to account model in Ethereum).

Agree | 2
Disagree | 0
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So far dev team have kept their promisses and goals

Agree | 2
Disagree | 0
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Qtum (QTUM) Cons | 2

Report pointing at some issues with UTXO model, and warns that Smart Contracts build on this model has some serious limitations. Ethereum platform refused to use UTXO model.

Agree | 0
Disagree | 7
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very shady past of Qtum founder Patrick Dai, who was involved in the BitBay project, previously under the different name Steven Dai and allegedely stole 200BTC

Agree | 0
Disagree | 8
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