Qtum (QTUM) Price – Current Live Value
Real-Time Qtum Price Chart (QTUM to USD)
Qtum (QTUM), also known as Quantum, is a cryptocurrency and decentralized application platform launched in 2017. While the underlying blockchain used is based on the Bitcoin protocol, it also incorporates features from Ethereum's Smart Contracts system. Qtum aims to be a hybrid between these two major coins by acting as an efficient payment system and a platform for the development of decentralized applications.
The value of QTUM had a sharp increase after its 2017 ICO, which then continued into the 2018 boom and bust across the cryptospace. As with many other digital currencies, the price of the coin finally settled in the same general range as before the crypto boom. It is now a top 40 cryptocurrency by overall market cap.
The developers of Qtum see it as a next generation digital currency that has improved on the shortcomings of the coins that have preceded it. In particular it is intended to be a state-of-the-art payment platform that combines the best features of the current cryptospace.
In addition to being a hybrid between Bitcoin and Ethereum, Qtum also has a strong focus on accessibility for mobile platforms. While many digital currencies require the handling device to access a large amount of information before being able to process transactions, this coin is specifically designed to operate on devices with a smaller data capacity.