The live price of Qtum is - per (QTUM / USD) with a current market cap of $247.54M USD. 24-hour trading volume is - USD. QTUM to USD price is updated in real-time. Qtum is -% in the last 24 hours with a circulating supply of 105.65M.
| Date Comparison | Amount Change | % Change |
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| Today | - | 0% |
| 30 Days | - | 0% |
| 60 Days | - | 0% |
| 90 Days | - | 0% |
Qtum is an open-source blockchain platform designed to bridge the ecosystems of Bitcoin, Ethereum, and the real world. The QTUM token is used to execute coin APIs in smart contracts on the Qtum network and to pay transaction fees.
The network is reportedly inspired by both Ethereum and Bitcoin. It adopts Bitcoin-like security features, while its smart contract execution is similar to that of the Ethereum network. Unlike Bitcoin and pre-merge Ethereum, however, Qtum uses a Proof-of-Stake (PoS) consensus mechanism.
In May 2023, Qtum partnered with Tenet—a Layer 1 ecosystem built to bring utility and yield to Liquid Staking Derivatives (LSDs) and Conflux—to raise awareness of LSDs in China. Through this partnership, Qtum provides Tenet with liquid staking derivatives, offering users a wider variety of staking products. Additionally, the collaboration helps Tenet expand into the vast Chinese market.
QTUM can be used throughout the entire Qtum ecosystem, primarily functioning as a digital cryptocurrency asset to pay for gas fees and any transaction-related costs. Regardless of how much QTUM they hold, users can hold, spend, transfer, and stake their tokens on the Qtum network.
Qtum is a shortened form of the word "quantum" and is pronounced similarly.
Unlike Bitcoin and pre-merge Ethereum, which use resource-intensive Proof-of-Work (PoW) consensus models, Qtum uses a Proof-of-Stake (PoS) model. Any validator can participate in transaction validation and network operations through staking, with rewards distributed based on the total value staked. The more an individual stakes, the higher the chances their node will be selected to participate in the consensus process.
The maximum supply of QTUM is 107,822,406 tokens, and as of this writing, the entire supply is in circulation.
Qtum was founded in 2016 by Patrick Dai, Jordan Earls, and Neil Mahi. The project held its Initial Coin Offering (ICO) in March 2017, raising $15 million. The Qtum Foundation was established in 2016 and is currently headquartered in Singapore.
Qtum stands out from other decentralized projects by combining the security of Bitcoin with the interoperability of Ethereum. To achieve this, Qtum became the first blockchain to use the Bitcoin UTXO transaction model together with Ethereum-based smart contract functionality in a Proof-of-Stake (PoS) architecture.
The Qtum to other currencies exchange rate?
