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QuTiP, or the Quantum Toolbox in Python, is an open-source software package designed for simulating the dynamics of open quantum systems. It provides a wide array of tools for researchers and developers working in quantum mechanics, quantum optics, and quantum information science. Key features of QuTiP include: 1. **Quantum Operators and States**: QuTiP allows users to easily define and manipulate quantum states (kets and density matrices) and operators (like Hamiltonians).