QTUM Uutiset

I have a fez QTUM on Bittrex Global but they are terminating their activities.

Apparently, Exodus wallet doesn't support QTUM.

Where can I send them? How can I use them?

The Account Abstraction Layer (AAL) is a vital component of the Qtum blockchain, bridging the gap between the Unspent Transaction Output (UTXO) model and the Accounts model.

This innovative technology enables seamless interoperability between the two models, providing users and developers with the benefits of both worlds.

With a high level of abstraction, the AAL simplifies development and expands accessibility to a wider audience.

Additionally, it enhances security by isolating private keys from the UTXO model, ensuring more secure transaction processing.

More : https://coinmarketcap.com/community/post/331077406

When the Qtum team set out to build a new blockchain, they faced a strategic decision that would impact everything from security protocols to scalability and application support.

They weighed factors like long-term viability and user needs and had to understand the UTXO and Accounts models to achieve their vision.

Thanks to their hard work and careful planning, they revolutionized digital transactions and decentralized applications with a powerful and flexible blockchain.

The UTXO Model

The UTXO model is the foundational architecture behind the Bitcoin blockchain. Transactions are viewed as outputs from previous transactions that have not been spent.

These outputs are indivisible, meaning they are either spent in their entirety or not at all.

The UTXO model’s binary nature significantly impacts blockchain security and integrity. Once a transaction is confirmed and added to the blockchain, it becomes part of the immutable ledger.

Cmc Link : https://coinmarketcap.com/community/post/331009407

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Links to Dive Deeper:

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The Qtum main network went live on September 13, 2017. It’s hard to believe that 6 years have passed so quickly.

With over 40 wallet releases, the Qtum core team has improved the speed of the blockchain while keeping the code upstream with the latest developments from Bitcoin Core and Ethereum.

As we look ahead, the Qtum team will focus on Ordinals support and other ways to improve the third-party developer experience with our v24.1 hard fork in late 2023.

When the Qtum team began this journey back in 2015, we envisioned a blockchain that would retain the battle-hardened stability of Bitcoin Core’s UTXO model while offering smart contract functionality on a decentralized Proof-of-Stake mechanism.

This recipe has been surprisingly relevant over the years. Even on scalability, the Qtum team deployed a set of smart contracts that would allow the community to adjust the gas fee and block size and dubbed this the “Decentralized Governance Protocol.” This effectively made Qtum faster than Ethereum or Bitcoin without sacrificing decentralization. ⬇️⬇️ https://coinmarketcap.com/community/post/330923220

Hey there, Qtum Community! Can you believe it's already September? Before we get too far into the new month, let's take a quick look at all the amazing progress and community events that made August a great one for the Qtum ecosystem. So, grab yourself a cup of coffee, and dive in! ⬇️⬇️ https://coinmarketcap.com/community/articles/64f781d731dd8964ba4c617c/