Qtum
QTUM #302Project Safety Score: 58%
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Qtum is a decentralized smart contracts platform that utilizes a proof-of-stake consensus mechanism, allowing node operators to earn rewards for validating transactions. It is governed through a decentralized governance protocol, enabling community members to vote on network parameters. Built on a Bitcoin core fork, Qtum combines features from both Bitcoin and Ethereum to support smart contracts and decentralized applications. The platform uses Bitcoin's UTXO transaction model and provides a Turing-complete blockchain stack.
The project was co-founded by Patrick Dai, Neil Mahi, and Jordan Earls, with a team comprising individuals from both the Bitcoin and Ethereum communities, as well as professionals from notable companies like Tencent and Alibaba. Qtum's crowdfunding campaign raised a total of approximately $15.7 million, distributing 51 million tokens to the public and allocating the remaining supply among community incentives and early backers.
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
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