Qtum Description
Qtum, an open-source public blockchain platform, leverages the security of UTXO and enables multiple virtual machines including EVM. Qtum is PoS-based and features a Decentralized Governance Protocol, (DGP), which allows specific blockchain settings to change through smart contracts. Qtum's block size can be increased without the necessity of a hard fork. Qtum is a safe, stable, and standardised development environment for smart contract development. It allows business-friendly smart contracts coding, deployment, and execution. Qtum is a decentralized platform that can be used with existing blockchain infrastructure. It is modularized, so new technology can always been added. Qtum supports a wide range of crypto wallets that can be used to meet different user needs. Qtum also offers mature development resources for app and blockchain development.
Qtum Alternatives
Algorand
Technology that allows for frictionless financing. We are the technology company that developed and built the first open, permissionless, pure-proof-of-stake blockchain protocol. This protocol, which is free from forking, provides the security, scalability and decentralization necessary for today's economy. We are a team of award-winning professionals that enable traditional finance and decentralized financial companies to embrace frictionless finance. Advanced technology opens the door to sophisticated applications. DeFi solutions and DeApps with smart contract capabilities can scale to billions of people, tens or millions of transactions per day, and incur negligible transaction fees. Algorand Standard Assets, which are standard blockchain assets, have customizable options and can be found directly in Layer-1. Layer-1 provides secure transactions and transaction settlement for multiparty transactions. Facilitating enterprise adoption of decentralized finance
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Terra
Anchor Protocol allows Terra stablecoin deposits for stable yield. It is powered by block rewards from leading proof-of-stake Blockchains. Terra stablecoins are loved by millions of merchants and users for their instant settlements, low fees, and seamless cross-border trade. Mirror Protocol allows for the creation of fungible assets called "synthetics" that track the prices of real world assets. Mirror synthetics will be used to build smart contracts and bring the world's assets onto the blockchain. You can build smart contracts in Rust or Go, or AssemblyScript. Multiple chains can be used, each connected by the Cosmos IIBC. Use Terra stablecoins, onchain swaps, layer 1 oracles as primitives. Terra's payment services can be accessed by dApp users in a permissive manner. Terra plans to make its stablecoins accessible to every developer on every blockchain. Now available on Ethereum and Solana. More to follow.
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Kava
Kava is a DeFi platform that allows for decentralized lending and stablecoins that are compatible with major cryptocurrencies. It has a cross-chain that provides stablecoins and guaranteed loans to users of major crypto assets like BTC, XRP, BNB, ATOM, and XRP. In exchange for USDX (Kava's stablecoin), users can guarantee their cryptocurrencies. The platform offers two types of tokens: the USDX stablecoin and the KAVA coin. KAVA, the native token of blockchain, is comprehensive in security, governance, mechanical functions, and can be found on the platform.
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DERO
DERO is a decentralized, general-purpose, private and scalable application platform. It allows developers to create powerful and unstoppable apps, while users keep total control over their assets and maintain complete privacy. The blockchain does not decrypt account balances or data. Only account owners have the ability to decrypt and access their data. We are now in a new paradigm for data privacy. DERO was developed in Golang from scratch and is currently being developed by the original developers. It is not a fork or any other coin. DERO is a homomorphically encrypted protocol, which can be used to serve individuals and businesses around the world. It allows for anonymous transactions, smart contracts and other service models. DERO Project provides a platform that allows developers to create secure, open, scalable and privacy-preserving decentralized apps. DERO is unique in that we value privacy and security above all else.
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Qtum
Website:
qtum.org/en
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