Qtum QTUM to PLATINCOIN PLC Exchange

Crypto Pair Details: QTUM to PLC

Qtum QTUM

Qtum is a decentralized and open-source smart contracts platform and value transfer protocol. Qtum uses proof-of-stake consensus, meaning node operators are rewarded for validating transactions. It is a DGP governed blockchain where community participants can vote to change certain network parameters. Qtum is built on a bitcoin core fork, but the foundation has created its own hybrid blockchain with the help of several key tools. The coin uses bitcoin’s chain because of its simple and stable nature, allowing the foundation to build upon it more easily. As the QTUM project is a hybrid of Bitcoin and Ethereum, its team comprises of members from both Bitcoin and Ethereum community. They also have team members who formerly worked with Tencent, Alibaba, Nasdaq etc. Apart from that, they are backed by some notable VCs and prominent people from the Blockchain community such as Patrick Dai (Project Co-Founder), Neil Mahi (Chief Blockchain Architect/Co-Founder) and Jordan Earls (Lead Developer/Co-Founder). Qtum provides a Turing-complete blockchain stack and is able to execute smart contracts and decentralised applications like the Ethereum blockchain. Qtum builds on Bitcoin's UTXO transaction model and uses the Proof-of-Stake algorithm. It is backed by some highly prominent members of the blockchain community such as Anthony Di Iorio, Xu Star, Bo Shen, David Lee, Jehan Chu and Roger Ver. Qtum sold over 10 million dollars’ worth of its tokens after only 90 minutes, eventually raising a total value of $15.7 million before stopping the campaign early after only 5 days. They raised a total amount of 11,156.766 bitcoins (BTC) and 77,081.031 ether (ETH) in exchange for the 51 million Qtum tokens being distributed to the public. In Qtum’s whitepaper, 51% of the coins were distributed to the public via the crowdfunding campaign. Of the remaining 49%, 29% of the coins would be allocated as community incentives, and the remaining 20% would be distributed to the early backers and development team.

PLATINCOIN PLC

The PlatinCoin is based on Litecoin Technology. It is not only a new generation of cryptocurrency but, together with the PlatinCoin Cryptosystem, also an extremely flexible and multifunctional platform that allows everybody to create a wide variety of daily business operations without the delay of payment for goods and services, for example such simple things as the purchase of your daily coffee, online purchases or payments for your international travel insurance. The PlatinCoin is designed to become the most used cryptocoin worldwide, especially by international users not being able to own a bank account. Its underlying blockchain technology facilitates the daily high volume of payments. PlatinCoin provides fast, inexpensive, international and secure transfers by form of immediate payment. The advantages of PlatinCoin will appropriately address the respective payment needs of individual as well commercial users like merchants and service providers. In addition, the introduction of the PlatinCoin Debit Card will further contribute to the commercial viability of the PlatinCoin. PlatinCoin intends to become a central transmission point for FIAT money. Fast transaction periods and low variability risks will be applicable. Additionally, comprehensive payment facilities such as debit cards, ATM’s, etc. are being implemented to become a suitable payment method on high scale for clients and merchandisers. The PlatinCoin moreover aims to contribute to the improvement of people’s standard of living worldwide. This shall especially apply to people in developing countries who do not even have a bank account. As an instrument to increase prosperity, we have developed the PlatinCoin Minting Program. This Program allows nearly everyone to easily produce PlatinCoins themselves.

SOURCE: COINGECKO

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