Quantum Chain (Qtum) is a blockchain platform that combines the advantages of Bitcoin and Ether to provide users with an efficient and secure development environment for smart contracts and decentralized applications (DApp). If you want to understand the core features of Quantum Chain or learn how to use Quantum Chain in your trading platform, this article will take you step by step from basic concepts to practical applications. Whether you're an investor or a novice, you'll find practical tutorials and tips here to start your Quantum Chain journey with ease.
Core features and operating principles of quantum chains
Combining the strengths of Bitcoin and Ether.
Quantum Chain adopts Bitcoin's UTXO transaction model to ensure the transparency and security of transactions, and at the same time supports Ether's smart contract function to provide developers with more flexibility. This combination makes Quantum Chain more efficient in the design of decentralized applications and suitable for a variety of business scenarios.
Unique consensus mechanism
Quantum Chain uses the PoS (Proof of Stake) consensus mechanism, which dramatically reduces energy consumption while providing stable network security compared to traditional PoW (Proof of Work). Coin holders can participate in node verification and have the opportunity to receive pledge rewards.
Compatibility and cross-chain support
Quantum Chain is compatible with the Ethernet Virtual Machine (EVM), so existing Ethernet DApps can be seamlessly migrated to Quantum Chain. In the future, Quantum Chain also plans to support more cross-chain interoperability features to meet the needs of the multi-chain era.
How to register and use Quantum Chain wallet
Choosing the right wallet tool
The official Qtum Core wallet provided by Quantum Chain is the most secure option, supporting both desktop and mobile devices. Other multi-currency wallets such as Trust Wallet and Atomic Wallet also support Qtum and are suitable for users with multi-currency management needs.
Download & Setup
Download the Official Wallet from the official website or App Store and keep your private key and helpers safe after installation. This is the only proof of your assets and cannot be recovered if lost.
Conducting the first transaction
After completing the wallet setup, buy some Qtum and transfer it to your wallet. To make a transaction, simply enter the address of the other party, the amount of money to be transferred, and pay a small transaction fee.
How to use Quantum Chain on the trading platform
Choose a trading platform that supports quantum chains
Currently, major exchanges such as OKX and Binance support Qtum trading. Choosing a platform with a high liquidity and rebate program can enhance your trading experience and reduce costs.
Registration and Recharge
Create an account on the exchange and complete KYC verification. Transfer Qtum from your wallet to the exchange's top-up address and wait for confirmation that the funds have been credited.
Buy, Sell and Withdrawal
Choose a Qtum pair (e.g. QTUM/USDT) and place a buy/sell trade via limit or market order. Once completed, you can withdraw the balance back to your wallet to ensure the safety of your assets.
Practical applications using quantum chains
Smart Contracts and DApp
QuantumLink's platform already supports a number of business intelligence contracts, such as supply chain management and financial instrument development. Enterprises can deploy applications that run efficiently on QuantumLink.
Decentralized Finance (DeFi)
Quantum Chain enters the DeFi space, offering decentralized trading, pledging and lending. These applications create more revenue opportunities for investors.
NFT Market
Quantum Chain also supports NFT creation and trading, enabling artists and developers to utilize the platform's technology to create unique digital assets.
How to Get Involved in Quantum Chain Communities and Events
Join a community
The official Quantum Chain community is active on Telegram, Twitter, and Discord, where users can join the discussion and stay up-to-date on the latest news and technology updates.
Get Involved with Airdrops
Regular drop-offs and events provide users with additional revenue opportunities, and keeping up with announcements ensures that you don't miss out on important information.
Developer Support
Quantum Chain provides development tools and tutorials to help developers get started quickly and create proprietary decentralized applications.
Frequently Asked Questions Q&A
1. How is a quantum chain different from Bitcoin or Ether?
Quantum Chain combines the transaction security of Bitcoin with the smart contract function of Ethernet, while adopting the PoS consensus mechanism, which is more environmentally friendly than Ethernet's PoW.
2. How can I pledge Qtum to receive income?
Download the official Qtum Core wallet, transfer Qtum and enable the pledge function, the network will pay out rewards based on the amount of coins held and the duration of the pledge.
3. Is a technical background required to use quantum links?
Not required. Quantum Chain has a user-friendly process and users only need to familiarize themselves with basic cryptocurrency concepts to start trading or deploying applications.
I hope this article has helped you to understand the various applications and operations of Quantum Chain! If you have any questions, please feel free to leave a comment below.
English 
Chinese