Book Accommodation with QTUM
More than 2,200,000 Hotels & Accommodations ready to be purchased in QTUM
Oct
Oct
Book Accommodation with QTUM
More than 2,200,000 Hotels & Accommodations ready to be purchased in QTUM
What is QTUM?
Qtum is a scalable, open source Proof-of-Stake platform that allows developers to leverage the upstream benefits of Ethereum and Bitcoin.
Market cap
$0 0.00%Circulating supply
0 QTUMTotal supply
unlimited
Mission
Qtum aims to offer an alternative solution to Ethereum that is also compatible with Bitcoin to create an optimal solution for developers on a single chain.
QTUM Markets
Source | Pairs | Price | Volume | Spread | Last Traded | Trust Score |
|---|
QTUM Use Cases
Travel
At Travala.com, we offer more than 3,000,000 travel products in over 230 countries available for purchase with QTUM. Plus, you’ll receive a 2% giveback in AVA, Travala.com’s native cryptocurrency, on every accommodation booking.
Fast Transactions
Qtum can theoretically achieve “millions to billions” of transactions per second (tps) by combining various layer-1 and layer-2 solutions. Qtum’s layer 1 network is currently around 1,100 tps.
Staking
Staking rewards can be earned in a random process weighted by the number of QTUM in your wallet versus the total number of coins staked on the network. More coins staked means a greater chance of winning a block reward of 0.5 QTUM. Staking returns rewards of 6-8% annually, which may change over time.
Governance
The Qtum network’s on-chain governance system is known as the Decentralized Governance Protocol (DGP). QTUM holders can participate in decision-making processes to vote on various network parameters, such as the block size and smart contract fee.
How to Pay with QTUM
Visit Travala.com and search for a hotel, home, flight, or other travel product by entering your destination and dates.
Select your desired choice from the available options.
Enter the required traveller details.
Select Crypto as your payment method, then select QTUM.
Click Complete Reservation. In your QTUM Wallet, input the generated address by scanning the provided QR code or by copying the text. Ensure that the exact QTUM amount is entered and send the payment.
Click Payment sent. Your transaction will be processed and you will receive a confirmation email once your voucher or e-ticket is available.
Store QTUM
Store your QTUM securely with the following wallets:
Are you an exchange or wallet provider that supports QTUM? Contact us to have your platform added to the lists above.
FAQs
What consensus protocol does QTUM use?
Qtum uses the MPoS (mutualized proof-of-stake) consensus mechanism for network security, which is a modified version of Proof-of-Stake 3.0. The protocol incentivizes users to stake coins to facilitate and secure block validation. Confirming each block is a competition between coin holders, where based on connectivity to the network and random chance they get the right to validate the block. Unlike the early PoS protocols, the block reward is constant and does not depend on coin age for determining the likeliness of getting it. The rewards are spread proportionally to the stake, so the more QTUM staked, the more rewards the user receives.