Qtum (QTUM)
Summary
Qtum (QTUM) in Summary
Qtum (pronounced ‘“quantum”) is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol.
The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.
Patrick Dai is the project’s founder and the chairman of the Qtum Foundation.
The other two co-founders are the CTO and blockchain architect Neil Mahi and lead developer Jordan Earls.
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