Qtum, or Quantum Chain Coin, is a token issued on the Quantum Blockchain, which aims to develop a third blockchain ecosystem outside of Bitcoin and Ethereum. Here is a detailed introduction to QTUM Coin:
Technical Features: QTUM Coin combines Bitcoin's UTXO model and Ethereum's smart contract function, and achieves compatibility between the two through Account Abstraction Layer (AAL) technology. In addition, QTUM also adopts the PoS 3.0 consensus mechanism, adding a unique touch to it.
Application Scenarios: QTUM Coin is committed to building a decentralized application development platform (DApp Platform) that supports multiple industries (including finance, Internet of Things, supply chain, social, games, etc.) to achieve peer-to-peer value transfer.
Development Dynamics: The QTUM team continues to update its technology, intends to merge BitcoinCore and EVM updates into QtumCore, and plans to build tools this year to enable the network to support BRC-20 tokens, etc.