Qtum is a an ambitious project, developed in China, with the aim of making decentralised blockchain technology easy to deploy and available for enterprises.
It combines two of the most noteworthy a
spects of cryptocurrencies : Ethereum’s smart contracts and Bitcoin UTXO transaction model. Featuring a proof-of-stake(POS) consensus model , it makes QTUM require a lot of power then compared to Bitcoin or other proof-of-work (PoW) blockchains.
On February 2nd , Qtum became the first ever to have a blockchain node in space, based on a chinese satellite.
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