Qtum is a decentralized blockchain network that combines the best features of Bitcoin and Ethereum, offering smart contracts, stability, and scalability. Its native cryptocurrency, QTUM, powers the network and facilitates various transactions ¹. Currently, QTUM's market capitalization stands at $265 million, with a circulating supply of 105 million coins ¹.$QTUM
*Key Features of Qtum:*
- _Decentralized Governance Protocol (DGP)_: Allows smart contracts to change core network parameters without hard forking the blockchain ¹.
- _Account Abstraction Layer (AAL)_: Integrates Bitcoin's UTXO model with Ethereum's smart contract layer ¹.
- _Proof-of-Stake Consensus Mechanism_: Energy-efficient and scalable, allowing for low-powered devices to participate in staking ¹.
- _Token Standards_: Supports ERC20, BRC20, and NFT functionality ².
*Qtum's Real-World Applications:*
Qtum's technology has various applications across industries, including finance, healthcare, supply chain, and gaming. Its platform enables developers to build decentralized applications with ease, leveraging the benefits of both Bitcoin and Ethereum ².
*Current Stats:*
- Price: $2.52 USD ¹ ³
- 24-hour Trading Volume: $29 million ¹ ³
- Market Cap Ranking: #185 ¹
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