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Qtum (pronounced "Quantum") is an open-source blockchain project designed to combine Ethereum’s smart contracts with Bitcoin’s blockchain. Its aim is to allow for the development of faster and more secure smart contracts and decentralised applications on a business-friendly blockchain.
Developed by the Singapore-based Qtum Foundation, Qtum is a hybrid blockchain application platform that aims to bring together the best parts of the Bitcoin and Ethereum projects and to facilitate interoperability between the 2. Its core focus is on the business applications of smart contracts, with an aim to introduce a wide range of organisations to blockchain-based solutions that increase efficiency and reduce costs.
The Qtum platform is built on a Bitcoin core fork, chosen for its simplicity and stability, and then an account abstraction layer that includes multiple virtual machines that contribute different functionalities. Headlining these is the Ethereum Virtual Machine, which gives Qtum the ability to create its own smart contracts.
QTUM is the native token of the Qtum network, and tokens are required to use Qtum apps and the Qtum blockchain.
Qtum (QTUM) is the 117th largest cryptocurrency in the world by market cap, valued at $287,744,472. The current price of Qtum is $4.0296, which is -0.023% lower than yesterday. Prices have ranged between $4.1756 and $4.0004 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of July 04, 2022 07:07 UTC.
| Coin symbol | QTUM |
|---|---|
| Coin Marketcap | AUD$287,744,472 |
| Total QTUM supply | 107,822,406 |
| Circulating QTUM | 104,231,546 |
| Current price | AUD$4.0296 |
| All time high | AUD$213.6272 |
| All time high date | March 13, 2020 |
| Notable team members | Patrick Dai, Neil Mahi, Jordan Earls |
| Partnerships | Starbucks, 360 Finance, Baofeng Bokocloud |
| Industry | Blockchain hybrid platform |
| Token uses | Utility token |
| Network | Qtum |
Historical prices compared with the price of $4.0296.
| 1 hour | -0.62% |
|---|---|
| 24 hours | -0.02% |
| 7 days | -0.82% |
| 14 days | -0.84% |
| 30 days | -7.05% |
|---|---|
| 60 days | 0.59% |
| 200 days | -28.01% |
| 1 year | -53.48% |
Disclaimer: Cryptocurrencies, including Qtum, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of QTUM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Qtum or any other cryptocurrency discussed.
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