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About QTUM
QTUM is a blockchain platform that combines Bitcoin and Ethereum elements to provide a secure and decentralized environment for building and running smart contracts and dapps. Its hybrid consensus mechanism combines proof-of-work (PoW) and proof-of-stake (PoS) to achieve security and scalability. The platform uses familiar programming languages such as Solidity and C++ to make it easier for developers to build and deploy smart contracts and dapps. QTUM was created by a team led by Patrick Dai and is primarily used for building and running smart contracts and dapps, with the QTUM token used for payments, incentivizing network participants, and governance decisions.
QTUM is a blockchain platform that combines elements of both Bitcoin and Ethereum to provide a secure and decentralized environment for building and running smart contracts and decentralized applications (dapps).
The platform uses a hybrid consensus mechanism that combines proof-of-work (PoW) and proof-of-stake (PoS) to achieve both security and scalability. QTUM aims to make it easier for developers to build and deploy smart contracts and dapps by using familiar programming languages such as Solidity and C++.
QTUM was created by a team of developers led by Patrick Dai, who is also the founder of the BitSE blockchain incubator. The team includes individuals with backgrounds in blockchain technology, software development, and finance.