What is Qtum?
Today’s Qtum price is $13.72, with a $365,207,381 24-hour trading volume. In the previous 24 hours, the price of QTUM has dropped by -2.2 percent. There are 100 million QTUM coins in circulation, with a total supply of 108 million. Bitbank is by far the most prominent exchange right now if you want to buy or sell Qtum.
This cryptocoin is a Chinese network linking existing blockchains with a virtual machine on Etherium. Launched in March 2016 with 100 million, Qtum as market cap. It is a blockchain application network, thereby, making the developers to develop applications and smart contracts on main blockchain system.
Qtum’s goal is to change the storage way of application databases . Instead of the dependent means of storing a database, database of the application operating on the Qtum platform will be saved as a transaction on the blockchain.
This coin is based on a fork of bitcoin core, but with the help of many important tools, the foundation has established its own hybrid blockchain. Because of its basic and reliable nature, the currency uses bitcoin’s chain, which allows the base to develop upon it a little more simply.
Qtum is a smart contract platform and value transfer system that is autonomous and open-source. Proof-of-stake consensus is used in Qtum, which means that node operators are compensated for authenticating operations. Moreover, tt is a DGP-governed blockchain that allows community members to vote on system parameters.
Famous markets to transact
There are various exchanges in the crypto market that actively deal in Aave cons. The most popular exchanges that deal in this cryptocurrency are LBank, Upbit, Bitbank and Binance. There are various more exchanges that also facilitate dealing in Aave currency. However majority of the expert crypto users tends to use only the popular platforms for more security and safety.
Furthermore, there are numerous more cryptocurrencies that a beginner must invest in. Aave crypto is best suitable with pairing some other crypto coins such as Bitcoin, Ethereum, Binance coin and more.