[ad_1]
There are bitcoin maximalists, people who think that no other currency is good enough and the only bitcoin is the real and pure crypto, these people call the rest coins and shit coins. These are very serious people. Do not engage in a discussion with them on this, or maybe, do it. 😉
Ethereum was proposed at the end of 2013 by Vitalik Buterin, a researcher and cryptocurrency programmer. The development was financed by an online sale of people between July and August 2014. The system went live 30 July 2015, with 72 million "premise" coins. This currency was different because the underlying blockchain was different. He could do more things. It could have something called Smart Contracts. This meant that the true goodness of the blockchain had now been unlocked.
More and more projects are coming to blockchain networks now, people like what they can do for them and this is shaping the future of all industries. Slowly but steadily, the concept of blockchain as a service for uses as smart contracts and DApp for different companies has taken shape. As a result, over time, such blockchain platforms have become more valuable.
There were almost blockchain projects valued at over a billion dollars, and now there are more than 30 CMC projects with a market capitalization of over $ 1 billion. Of these 30, half of the projects are decentralized blockchain platforms. Some of them are:
Blockchain's main challenge is adoption and scalability and all these startups are trying to manage the salad on their accounts according to their own methods. Trying to solve the problem of blockchain adoption through various unique implementations makes each blockchain different. Ethereum paves the way but that does not mean that others are far behind. This blockchain has changed the game and today dominates the market.
QTUM has recently joined the race and hopefully wins, it is more a one-stop solution for a lot of problems.
What is QTUM?
QTUM is an open source and cryptocurrency blockchain developed, expanded and managed by the QTUM foundation. It is a decentralized Blockchain application platform, able to execute smart contracts on multiple virtual machines, with consent Proof of Stake.
In a sense, the QTUM blockchain is a hybrid of Bitcoin and Ethereum blockchains and can be used as Ethereum to implement smart contracts and DApps that do not have a single point of failure. Just like bitcoins, the operators of each node are rewarded for transaction validation. Something, however, makes it different. The secret lies in the Qtum infrastructure. He says it's better than Ethereum and promises more scalability and security in the future. We hope it works and we have a good one to use for all our short blockchains.
Source link
