Qtum is an open-sourced public blockchain platform, leveraging the security of UTXO while enabling multiple virtual machines including EVM and the revolutionary x86 VM. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) allowing specific blockchain settings to be modified by making use of smart contracts.
Binance will start staking their Qtum (QTUM) cold and hot wallets, starting from August 1, 2019, and will automatically airdrop staking rewards monthly to QTUM holders. An additional 50,000 QTUM from prior staking activities will also be distributed to QTUM holders. To qualify for staking rewards simply hold a minimum of 1 QTUM in your Binance wallet and receive free QTUM based on the total staking rewards by Binance. Staking is done automatically by Binance, so there’s no manual action required.
Leading global blockchain news provider. A blockchain, originally block chain, is a growing list of records, called blocks, that are linked using cryptography.