Quantum App is an Android utility that provides stacking solutions for individuals and businesses. The platform offers a low-risk way to earn money through the Proof of Stake mechanism.
How it works
Staking is the process of holding a specific amount of cryptocurrency in a wallet to support a blockchain network and raise money. With Quantum App, you can stake your chosen coin and earn rewards in the form of new coins or transaction fees.
The staking process is based on the Proof of Stake, or PoS, mechanism. It selects validators based on the amount of cryptocurrency they hold and stake as collateral. This makes the whole process more efficient than Proof of Work, or PoW, and also helps secure the network.
By staking on Quantum App, you will help decentralize the blockchain network and distribute control among a larger group of individuals. Thus, making it more secure and resilient. Holding assets in a wallet and participating in the network also prevents malicious attacks.
How to use
The whole process requires minimal or no technical knowledge and effort. In order to use the application, you need to create an account first. After you are settled, you can choose the coin of your liking. Finally, when you have done all of the above, you will get a steady passive income and rewards.
Features
- allows staking cryptocurrency, just like Wax Wallet;
- the process is low-risk and highly efficient;
- you can select the coin you prefer;
- app is free to download and use;
- compatible with current Android versions.
