Bitfinex has now added another coin to its ever growing list of coins that can be traded on their exchange. This time it is QTUM. The Qtum/USD, Qtum/BTC and Qtum/ETH currency pairs are available.
Qtum is the first smart contact platform to fully utilize proof-of-stake consensus. By building on top of the UTXO model, Qtum adds its own "Account Abstraction Layer," allowing the UTXO-based blockchain to seamlessly interact with the Virtual Machine (VM). Qtum currently supports EVM, but will support multiple Virtual Machines in the future, including our x86 VM (in development).
Qtum provides endless possibilities for smart contracts and gives smart contact designers the stability and maturity of the bitcoin ecosystem. Qtum is the first blockchain to utilize a truly decentralized governance protocol (DGP), which uses smart contract technology to update blockchain parameters in a manner which is self-regulating, self-modifying, and self-aware. There are 17 Dapps are building on Qtum now (prediction market, IOT, healthcare and more).
You thought that Crypto trading in China is dead! Think again, the introduction of Qtum by Bitfinex is telling you something. Bitfinex may be based on Hong Kong but it still answers to Beijing behind the scenes.
Qtum is another platform just like NEO so for them to list on Bitfinex in Hong Kong while the market is being cleaned up in China tells you where China is heading in the future.
I have always maintained that the ICO ban in China is only temporary so expect an explosion in prices when the Chinese market come back on line.
I’m just letting off Steem, if you found this post informative then UPVOTE (with FULL POWER), COMMENT, FOLLOW and especially RESTEEM.
I wrote this article myself and it expresses my own opinions. Computer literacy is crucial in this day and age. Just because someone tells you it is good does not mean that it is good for you.
