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Qtum (pronounced "Quantum") is a cryptocurrency and blockchain technology that aims to facilitate the interoperability of major cryptocurrencies like Bitcoin, Ethereum and others, including the enhancement of Intelligent Contracts Security and the Reduction of Difficulty They Involve

Qtum is managed by the Qtum Foundation, founded by Patrick Dai and based in Singapore. Its main goal is to help companies develop decentralized applications. To be specific, their goal is to develop solutions that mobile devices can perform, ensuring that the devices are in tune with the key ecosystems of the existing blockchain.

To make their applications more reliable, Qtum united a somewhat modified version of the Ethereum virtual machine and modified Bitcoin Core infrastructure to create their applications. What companies get in the end is a reliable Bitcoin blockchain, combined with intelligent contract technology and Ethereum's high technical qualities. This ensures interoperability, modularity and stability.

Qtum's price fluctuations over the last six months

Historical data available on coinmarketcap.com show that, like any other cryptocurrency or altcoin, the price of Qtum remained volatile in the last six months. For example, the cryptocurrency began on January 18, 2018 at $ 36.05 and closed at $ 37.37, bottoming out at $ 34.23 and a high of $ 39.91. It also opened on the market on January 7, 2018 at $ 94.06 and closed at $ 85.77, peaking at a record high of $ 105.41.

Going back, you see that as of January 11, 2018, the price of cryptocurrency was 53.65 USD, while on 12 January it was 46.01 USD (down 7.64 USD) and it went back on 13 January to 50.45 dollars. Another example of its volatility was observed on October 24, 2017, when it began trading at $ 9.96 and closed at $ 10.76 after climbing to $ 11.64 mid-term. . It simply means that no one can predict with certainty what the price of the coin could be at the next minute. This is why traders should be careful at all times to avoid unnecessary losses. It is imperative to carefully study market trends before making an exchange.

 Qtum

Qtum Market Value

As of January 19, 2018, Qtum ranked 18th on the CoinMarketCap table, with a unit price of 41.46 USD each, placing it on the list of the 20 most capitalized cryptocurrencies at the moment. Investor confidence in this coin and their willingness to invest their money in the project explain its exceptional growth since its listing on the stock market in May 2017.

Qtum is currently listed on major stock exchanges and has recently added to the IQ Option. With the addition to IQ Option, Qtum has further expanded its rating and all IQ Option users now have access to cryptocurrency trading on the platform.

Qtum will develop its x86 virtual machine and extended network

Qtum does not sit on his laurels. According to Bitcoin Magazine, the company recently partnered with Baofeng to start operating its 50,000 Qtum nodes and develop its x86 virtual machine, which should provide multiple languages ​​for smart contracts. You can consult their white paper here for more information.

When the x86 VM is fully developed, Qtum will certainly be a major force in the field of smart contracts. With the expected improvements in security, trust, modularity and interoperability, the world can only see the importance of the Qtum currency.

Trade Qtum

Any reference to historical price movements or levels is informative and based on external analysis. We do not warrant that such movements or levels are likely to recur in the future.

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Source: IQOption blog (blog.iqoption.com) 2018-01-24 14:42:47
Article has been translated for informational and promotional purposes. Translations may not be correct and may contain errors we are not responsible for. Please note this article has been translated by using artificial intelligence. If you are having problems to understand article please refer to original article from IQOption blog.