Qtum (QTUM) is a public blockchain platform that reportedly “leverages the security and simplicity” of Bitcoin’s UTXO (unspent transaction output) protocol. Similar to other cryptocurrency platforms such as Ethereum
Everyone knows, or should know, that the authorities hate bitcoin for its potential to allow private, anonymous transactions, and try to eliminate privacy. Therefore, there’s a lot of emphasis on privacy-enhanced alternative cryptocurrencies, such as Monero, DASH and Zcash, or future privacy-enhanced versions of bitcoin.
An ideological debate is underway in the world of Bitcoin. From the cypherpunk movement which birthed the anonymous cryptocurrency to present time, with Goldman Sachs endorsing blockchain tech, Putin’s mining operation, and the Whoppercoin – some argue that the message of privacy may have gotten lost. As they say, one internet year is equal to 7 calendar years, but is the evolutionary path Bitcoin is taking really for the best?