QTUM

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There's a crypto website I use daily and QTUM is one of (many) available tokens and cryptos you can use to withdraw.

Ordinarily, what I do is I withdraw QTUM, PIVx, KMD and other equally uninteresting tokens to Binance, at which point I convert everything to BNB (crypto dust feature), and when it's enough - like $3-4 or above - I convert it to ALGO or XRP or BTC or whatever.

But I'm wearing my investor hat this morning so I thought I'd do some due diligence and figure out what this QTUM thing actually is.

The first thing that stands out to me is the name. QTUM sounds like a bomb that just went off. Or a door that's been slammed shut. QTUM.

According to the Qtum Foundation, QTUM is actually pronounced ‘“quantum”, and it is a proof-of-stake smart contract open-source blockchain platform and value transfer protocol.

Further, Qtum Foundation explains that the goal is to bring together the "strengths of Bitcoin and Ethereum in one chain", plus DApps and smart contracts.

The project isn't new, by the way. It's been around since 2016 (with an ICO) and the mainnet was released in 2017.

It sounds jolly good. But for now, I'm still converting QTUM to something else.

Regulation and Society adoption

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