Layer 1
Bitcoin's UTXO model with an EVM on top.
Combines Bitcoin's UTXO model with an Ethereum-compatible virtual machine through an account abstraction layer, secured by proof of stake.
QtumBeginnerQtum is a decentralized and open-source smart contracts platform and value transfer protocol. Qtum uses proof-of-stake consensus, meaning node operators are rewarded for validating transactions. A DGP governed blockchain where community participants can vote to change certain network parameters.
In celebration of its first birthday, Qtum has released its “most substantial update yet”, the 0.16 update which plans to scale their network to 50,000 transactions per second. The blockchain protocol also said that it’ll release the first public testnet with x86 smart contracts in Q2 of 2019.
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