The value of QTUM has recently been finding support around USD $8 - $9, after losing close to 70% of its value since December and January 2018 highs. Recent updates to Qtum’s blockchain include security upgrades that match bitcoins capabilities by way of a partnership with Qihu 360 of China. However, the most significant feature upgrade for Qtum is the development of its dedicated x86 virtual machine. This is significant because this will allow Qtum to transition away from the standard Ethereum Virtual Machine (EVM). CoinOpinions.com recently issued a Buy recommendation on QTUM, while the cryptocurrency is trading at US $9.03. We will continue to see how investors react to the developments the Qtum has released so far.
The Qtum Blockchain (“Qtum”) is committed to develop an open source ecosystem for the blockchain community different from that of Bitcoin and Ethereum. It utilizes a Value Transfer Protocol (“VTP”) to achieve the transferring of value from peer to peer and to build up a decentralized application platform, which brings blockchain technology into the financial services, Internet of Things (“IoT”), supply chain management, social media, gaming and other industries. Innovative technology, comprehensive governance structure and board applications give Qtum advantages over Bitcoin and Ethereum as a public blockchain.