Revolutionary Hybrid Blockchain Technology
Qtum combines Bitcoin's reliable UTXO model with Ethereum's flexible smart contract capabilities through its innovative Account Abstraction Layer, creating a unique blockchain architecture for enterprise-grade applications.
UTXO Transaction Model
Inheriting Bitcoin's Unspent Transaction Output model, Qtum ensures secure and reliable transaction processing with improved scalability.
The UTXO model provides better security against double-spending attacks and enables efficient parallel transaction validation.
Account Abstraction Layer
Qtum's innovative Account Abstraction Layer (AAL) bridges the gap between the UTXO model and account-based smart contracts.
This layer acts as a translator between Bitcoin's UTXO and Ethereum's account model, enabling full smart contract functionality with the security of Bitcoin.
Proof-of-Stake Consensus
Qtum uses a Proof-of-Stake consensus mechanism that is significantly more energy-efficient than Proof-of-Work systems.
PoS allows for faster transaction confirmations with block times averaging 32 seconds, and greatly reduces carbon footprint, making Qtum a more sustainable blockchain solution.
Decentralized Governance
The Decentralized Governance Protocol (DGP) allows Qtum to modify blockchain parameters without hard forks.
This governance system enables community members and token holders to participate in important network decisions, proposals, and upgrades through voting mechanisms.
Technical Specifications
Blockchain Parameters
- Block time: 32 seconds
- Block size: 2MB
- Difficulty adjustment: Every block
- Total supply: 107,822,406 QTUM
- Transaction confirmation: 10 blocks
Development Capabilities
- Smart contract languages: Solidity
- Development frameworks: Truffle, Hardhat
- Libraries: Web3.js, Ethers.js, qtum.js
- API compatibility: JSON-RPC
- Taproot support for enhanced privacy
- Bitcoin Ordinals support for NFT capabilities
Network Security
- Proof-of-Stake consensus
- UTXO model for transaction integrity
- Cold staking support
- Decentralized governance
- Offline transaction signing
- SPV protocol for mobile devices