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Easily convert BTC to QTUM with ConvertOnline's efficient tool.
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions over the internet without the need for intermediaries such as banks. It operates on a technology called blockchain, which is a distributed ledger that records all transactions transparently and securely.
Qtum (QTUM) is a hybrid blockchain platform that combines the best features of Bitcoin and Ethereum, enabling smart contracts and decentralized applications (dApps) to operate efficiently and securely. It utilizes a unique proof-of-stake consensus mechanism, which allows for faster transaction processing and lower energy consumption compared to traditional proof-of-work systems.