Team
QTUM’s team includes Patrick Dai(Project Co-Founder),Neil Mahi(Chief Blockchain Architect / Co-Founder),Jordan Earls(Lead Developer / Co-Founder), some of the well known people in the crypto community.Qtum has a list of large number of backers and supporters which include Matthew Roszak, co-founder of Bloq, Roger Ver, a pioneer investor in blockchain-related startups, Anthony Di Iorio, a founder of the Ethereum blockchain, and Star Xu, CEO of Okcoin in the team

Initial Coin Offering
Qtum raised $15.6 million in 117 hours, becoming the fourth most-funded cryptocurrency crowdsale and the eighth most-funded crowdsale at the time of it’s launch. The Qtum crowdsale started off fast by selling $10 million of its tokens in just 90 minutes.The Qtum crowdsale which was scheduled to last for 30 days or until all tokens were sold, ended with the project raising 11,156.766 bitcoins (BTC) and 77,081.031 ether (ETH) in exchange for the 51 million Qtum tokens being distributed to the public.

Strengths

Qtum is first to implement a protocol based on both Bitcoin’s and Ethereum’s transaction models. Developers on either of the two blockchains (or their variants) can switch or port applications easily.Implementing the Bitcoin Improvement Protocols and using the Ethereum Virtual Machine provides stability.

Qtum has one of the most impressive and experienced team of backers and supporters the blockchain industry has seen in awhile. The success of platform technologies like Qtum, especially enterprise-oriented ones, will depend on business adoption.

Qtum is a proof-of-stake (PoS), smart-contract compatible blockchain that can natively run both Bitcoin-based and Ethereum-based applications. The Qtum protocol makes use of Bitcoin’s UXTO model of storing transactions, while also supporting oracles and two types of smart contracts. Applications built for Bitcoin, Etheruem, or either of their derivatives are able to port easily. It makes use of Blackcoin’s proof-of-stake (POS) consensus model as according to their research it has been felt that businesses are not comfortable with a proof-of-work consensus model. Using a PoS model with some semi-trusted nodes would ease corporates that a mining outfit or state-sponsored hashpower attack doesn’t disrupt the network

Qtum uses features of the Bitcoin core blockchain, like its UTXO approach for storing transactions which makes individual coins traceable. Qtum has a layer that abstracts the UTXO data into something the Ethereum Virtual Machine can read. This in turn allows it to interact with both Bitcoin-based and Ethereum-based applications.

The Qtum Blockchain Foundation, a Singapore non-profit, oversees the codebase, helps promote cohesion in the community, and represents Qtum to the external world it also is the decision-making body that drives the project’s development.

Market Perfomance

At the time of writing the article Qtum has a market cap of $896,263,100 and a circulating supply of 59,000,000 QTUM .The total supply of QTUM is 100,000,000 QTUM.

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Different banks everywhere throughout the world keep their clients from purchasing or offering cryptographic money. That isn’t a constructive improvement, as individuals ought to be allowed to spend their cash however they see fit. Tragically, that isn’t the manner by which the world works at this moment. Capital One is the most recent bet on a developing rundown of banks blocking digital currency related exchanges. Different dissensions can be found over all of online networking presently.

CAPITAL ONE REFUSES TO PROCESS BITCOIN TRANSACTIONS

It isn’t the first run through a noteworthy bank has chosen to not process client demands identified with Bitcoin or different digital currencies. These occurrences more often than not include individuals hoping to purchase Bitcoin, yet they can likewise relate to those people offering digital money. On account of Capital One, one of the greatest US banks, it is never again enabling clients to purchase crypto. As is typically the case, your individual mileage may fluctuate with regards to utilizing this current bank’s installment techniques starting at the present moment.

We have been educated by different clients that Capital One has kept them from purchasing Bitcoin. This for the most part applies to individuals who depend on the Coinbase trade, despite the fact that it appears to be likely different trades will be influenced by this improvement also. All the more particularly, individuals utilizing a Capital One Visa have a higher possibility of running into issues at the present time than those depending on a customary bank exchange. Notwithstanding, neither installment strategy is solid starting at the present moment.

Capital One clients who endeavor to buy Bitcoin or different cryptographic forms of money at this moment will see that their exchanges are not being handled. Dissimilar to different banks, this specific money related organization apparently doesn’t advise clients with respect to blocked exchanges either, which is somewhat troubling. Rather, clients will discover when the trade reaches them specifically with respect to the exchange apparently not coming through. It’s a truly irritating unforeseen development, particularly on the grounds that there was no earlier sign that Capital One would take such a forceful position.

As per one Reddit client, he connected with Capital One to ask what was happening. The reaction he got was that the sum total of what trades have been formally hindered by the bank as of this current week. There will without a doubt be a few stages which can in any case be utilized as a part of conjunction with a Capital One Mastercard or financial balance, however it might demonstrate hard to discover such organizations at the present time. It is apparent the saving money framework has no adoration lost for cryptographic forms of money, and budgetary establishments will keep on cracking down on this sort of action for a long while to come.

The majority of this further affirms huge banks are gradually getting to be plainly futile with regards to purchasing digital forms of money. Rather, credit unions might be the best choice for any US client hoping to get their hands on Bitcoin or some other digital money equipped for being bought with fiat cash. Regardless of whether this news will prompt individuals changing from Capital One to a totally unique bank or organization stays to be resolved, however.

The central issue is the reason Capital One has settled on this choice out of the blue. It is unquestionably a move that will irritate many individuals and make some negative PR in the meantime. While digital currency may in any case be viewed as a specialty showcase at the present time, enthusiasm for Bitcoin and altcoins has never been higher. In the event that enough individuals discard Capital One as a result of its forceful position toward digital forms of money, intriguing things may occur later on. It appears to be very improbable that will be the situation, however.

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