QTum - Coins of Choice

in dtube •  2 months ago 

QTum - Coins of Choice

The idea behind QTUM is making smart contracts easier and more secure while offering interoperability with leading cryptocurrencies such as Bitcoin and Ethereum. The foundation for QTUM’s code is Bitcoin’s blockchain, but the QTUM developers have abstracted and added layers to the Bitcoin blockchain that allow the Ethereum virtual machine for smart contracts to run on top of Bitcoin. As such, QTUM benefits from new developments in the Bitcoin and Ethereum communities, and smart contracts built on Ethereum can easily be ported over to QTUM as well.
Although anyone can use QTUM, the QTUM foundation is focused on business applications of smart contracts. Their goal is facilitating the transition from legacy systems in aging organizations over to blockchain-based solutions that increase automation and decrease cost.


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