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Author Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake  (Read 523438 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (5 posts by 2 users deleted.)
Gleb Gamow
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March 06, 2017, 05:49:54 PM
 #2221

https://www.walletexplorer.com/wallet/d38da05c72761402?page=2



^^^ On November 28, 2016, Qtum had exactly 830 BTC in their coffer equating to ~$610,880 at the then current exchange rate.

https://www.walletexplorer.com/txid/51f9c3a755299425a38e119c068f3997f08fe3c60caab53cfbbea7b9dfd8c66a



^^^ On January 1, 2017, Qtum transferred to Star Xu's OKCoin exactly 500 BTC equating to ~$491,465 at the then current exchange rate as depicted below:

https://blockchain.info/tx/51f9c3a755299425a38e119c068f3997f08fe3c60caab53cfbbea7b9dfd8c66a



10 days later on January 11, 2017, Qtum secures seed funding of $1M from 4 investors, one of which is Star Xu of OKCoin: https://www.crunchbase.com/organization/qtum#/entity



On the very same day (1-11-17), Pete Rizzo of CoinDesk published the announcement, of which includes the following: http://www.coindesk.com/blockchain-angels-invest-1-million-bitcoin-ethereum-hybrid-qtum/

Quote
Patrick Dai, founder of the Qtum Foundation, indicated that the $1m will now help his team to prepare the infrastructure necessary to sell the tokens in a public initial coin offering (ICO), or a public sale of unique cryptographic tokens to investors.

Dai told CoinDesk:

"We raised the money to prove that our approach is right. We used the money to do the minimum viable product. The testnet is live now, but it is private, it is already working."

Dai said that the Qtum Foundation could seek to raise up to $10m in the token offering.

Don't you find it odd that in 9 days back in November 2016, Qtum was able to amass over $600K worth of bitcoins from who-knows-where, then a month later covert 500 BTC to cash via OKCoin, to only 10 days later receiving a million dollars in Angle seed funding from the very dude, among others, Qtum just handed over $491K+ to?

Or am I mistaken, the 1qtum1H39JbLjkBZGg4HVsrt9KD6FMS3g BWA belongs to Qtum's twin brother, Qtime?


"Bruno thinks that we shovel up the elephant shit in our office, when in fact we just let it pile up, pretending it doesn't exist. To have more room, we simply used some the million dollars donated to us by Angel investors to knock out a few walls so to extend our office in accommodating more elephants and piles of shit."
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March 06, 2017, 06:06:48 PM
 #2222


I wonder why you quote one paid for article and one known scammer (as yourself) article, and ignore the multitude of other articles from the most famous media outlets. Oh wait that's how you work, you willingly ignore any good points about the project and try to focus on the things you and your "handlers" came up with or paid for.

You are obviously willingly biased when dealing with this, and that's obvious!

Please, allow me to quote from a famous media outlet, namely Yahoo!:

https://sg.finance.yahoo.com/news/qtum-blockchain-project-announces-support-160000010.html



Quote
This content was issued through the press release distribution service at Newswire.com. For more info visit: http://www.newswire.com
To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/the-qtum-blockchain-project-announces-support-from-pwc-300418319.html

http://www.prnewswire.com/news-releases/the-qtum-blockchain-project-announces-support-from-pwc-300418319.html



What say you now, cocksuckeroverflow?
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March 06, 2017, 06:18:18 PM
 #2223

Have the devs explained yet why only 51% gets sold in the crowdfunding and the rest gets split over themselves and angel backers?

Even if they try to dismiss everything as FUD and want the crowdsale go on, they at least should explain the reasoning of the coin distribution.

I have asked them 3 times since beginning of February, they said they would reply within 24 hours but still haven't given an explanation.

Hi, the answer to this is in the Qtum Economy Whitepaper (https://qtum.org/en/white-papers)

We will release the Crowd Sale details on the 9th of March, and then discuss them in more detail. 

We will also be hosting a technical Q&A session at our Slack on Tuesday, 8pm Beijing Time (7am EST)


No, that is not the answer. Ofcourse I have read the white paper and in my initial 3 enquiries you said you would give a further explanation on why the funds get allocated this way. You would give an answer within 24 hours, this was on the 10th of February, 1 month ago. Now you say the 9th of March.

The crowdsale is ment to fund your project. This means that there should not be separate allocations for business development and research etc etc, these allocations should be funded from the crowdsale.

So, it would seem most logical to distribute 80% in the crowdsale and the remaining 20% to the initial backers.

What does the money raised in the 51% crowdsale even get used for? I would assume business development and research. No need to allocate more tokens to yourselves...

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March 06, 2017, 07:13:50 PM
 #2224

ok im not gonna follow this thread and project no more.
close to no trust in the whole thing.

how can I stop following a thread here in btc?

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March 06, 2017, 07:33:26 PM
 #2225

All the trust is gone. Lead dev goes by multiple aliases, already scamed many people and now no one will trust this project.

#ALLFACTS

88.36255237114% of all ICO's are SCAMS
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March 06, 2017, 08:47:17 PM
 #2226

https://www.walletexplorer.com/wallet/d38da05c72761402?page=2



^^^ On November 28, 2016 (all times GMT depicted above), Qtum had exactly 830 BTC in their coffer, equating to ~$610,880 at the then current exchange rate.

On November 28, 2017, Qtum registered its non-profit charter in Singapore, evident below:

https://www.sgpbusiness.com/company/Qtum-Foundation-Ltd



It's safe to assume that according to all the above, Qtum had yet garnered Angel investment funding prior to the 28th of November, with all the above bitcoin transfers to their coffer prior to, and inclusive of said date stemming from other sources because it would've been unwise for deep-pocket investors to collectively invest at least a million dollars into an entity that had yet registered as a business whether non-profit or not.

On January 1, 2017, at 16:40:39 GMT, a principal of Qtum, most likely Patrick Dai, transferred 500 BTC to Star Xu's OKCoin, the transaction being registered in Block #446154 at 17:28:48 GMT (follow the link).

January 1, 2017, 17:28:48 GMT equates to January 2, 2017, 1:28:48 AM [Eastern] China or Singapore time, as evident below, an odd time indeed to be transferring $461K+ worth of bitcoins to whomever, in this case Star Xu's OKCoin (Star Xu is an Angel investor of Qtum):



If Qtum did receive Angel investment funding prior to November 28, 2016, they would've most likely shout such at the tops of their lungs prior to January 11, 2017, when the announcement first starting making the rounds prior to the release of their first white paper, for Qtum shouts all else up to and including when an elephant farts in its office (allegorous, yet a truism nonetheless).

By Andrew Quentson on 8/28/2016: https://www.cryptocoinsnews.com/blockchain-projects-gear-up-for-the-biggest-blockchain-competition-of-the-year/

Quote
James Gong, the founder of ChainB, a rising Chinese media outlet focusing on blockchain developments and hosts of Demo Day, told CCN that nearly one hundred projects had applied to attend, with thirty selected to present, making it the biggest demonstration of live blockchain projects so far. Gong stated:

“With Demo Day, 30 Blockchain oriented startups and projects, with their respective field of applications, will be able to present their progress and development to major investors and innovators, and to explore potential entrepreneurship opportunity in China. For investment institutions and individual investors, Demo Day brings them closer to the latest endeavors in the Blockchain industry.”

Among the projects is BitSE which signed a “joined business relationship” with PwC China to bring blockchain tech to the Asian Pacific Market. They will demo Qtum, an operating system for blockchain development combined with a modularized basic chain which “absorbs the advantages of numerous public chains like Bitcoin and Ethereum.”
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what is this "brake pedal" you speak of?


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March 06, 2017, 08:57:13 PM
 #2227

how can I stop following a thread here in btc?

click "unwatch"
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March 06, 2017, 09:07:18 PM
 #2228

Have the devs explained yet why only 51% gets sold in the crowdfunding and the rest gets split over themselves and angel backers?

Even if they try to dismiss everything as FUD and want the crowdsale go on, they at least should explain the reasoning of the coin distribution.

I have asked them 3 times since beginning of February, they said they would reply within 24 hours but still haven't given an explanation.

Hi, the answer to this is in the Qtum Economy Whitepaper (https://qtum.org/en/white-papers)

We will release the Crowd Sale details on the 9th of March, and then discuss them in more detail. 

We will also be hosting a technical Q&A session at our Slack on Tuesday, 8pm Beijing Time (7am EST)


No, that is not the answer. Ofcourse I have read the white paper and in my initial 3 enquiries you said you would give a further explanation on why the funds get allocated this way. You would give an answer within 24 hours, this was on the 10th of February, 1 month ago. Now you say the 9th of March.

The crowdsale is ment to fund your project. This means that there should not be separate allocations for business development and research etc etc, these allocations should be funded from the crowdsale.

So, it would seem most logical to distribute 80% in the crowdsale and the remaining 20% to the initial backers.

What does the money raised in the 51% crowdsale even get used for? I would assume business development and research. No need to allocate more tokens to yourselves...

Where are you now, cocksuckeroverflow? Why you no diss muleroaa's post above? Surely, he's in the same camp as I, both of us getting paid to troll this thread according to your genius insight, eh?

cocksuckeroverflow, I have a great idea. Let's meetup in person where I can plow my face into your fist, mmmkay?
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March 06, 2017, 09:10:47 PM
 #2229

Looks like an exciting project. Good luck!

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March 06, 2017, 09:22:45 PM
 #2230

Looks like an exciting project. Good luck!

I'm definitely biased since I cofounded an Ethereum dapp startup. And that's because I believe in the long term future of Ethereum.

Hey, since Qtum is so exciting, follow them on Twitter: https://twitter.com/LunyrInc/following
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March 06, 2017, 09:31:43 PM
 #2231

Hey, Qtum could trade at Bitcoin Exchange PTE. Ltd., walking distance from their office:

https://www.sgpbusiness.com/company/Bitcoin-Exchange-Pte-Ltd

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March 06, 2017, 10:42:22 PM
 #2232


"Bring out your TileCoin! Bring out your TileCoin! Invest them in Qtum!"

https://blockchain.info/tx/d0105d8d891a5057c905c81b23d4f513856190a6dc6e875104e19ee1da0b3a39

VVV

https://blockchain.info/address/1NDn3TvJVzpB9fJKDz2ptoc4EiAAUcoMU1



Ref.: Nostalgia's post has since been deleted:

March 16-17th, 2015 - Development Updates

We will keep you posted on the Counterparty downtime once again.

1.) This is a community question.
1.1) Would you like for us to convert existing TilecoinX to our platform?
1.2) How many other Counterparty assets/tokens does everyone have?

2.) We will be traveling to San Francisco for meetings in the next few weeks. We can only publish joint press releases once the paperwork and details are signed. VERY VERY VERY excited!

3.) Backup any TILECOINX via https://counterwallet.io if you do not feel comfortable having TileCoinX in your local wallet until we release the next version with the private key backup view.

4.) How to use Private Key to import BTC funds from external address to Counterwallet address?
https://counterparty.freshdesk.com/support/solutions/articles/5000120686-how-to-use-private-key-to-import-btc-funds-from-external-address-to-counterwallet-address-

5.) Cold storage of Counterparty assets (& BTC) using Armory & Counterwallet
https://counterparty.freshdesk.com/support/solutions/articles/5000004858-cold-storage-of-counterparty-assets-btc-using-armory-counterwallet

Regards,
ASIC-8Tile

Bter.com still holds a large majority of the TILECOINX (a large % belonging to 'angel investors'): https://www.blockscan.com/address/14e3NAm3oNE2Xqvu9SzndsxvVRj9vbwZ9C. This leaves us with about 20 million XTC in circulation: https://www.blockscan.com/address/16iWzf8NydPZBH7QmPWdF4o5uhQ4ow9RY4. I assume not many people holding a lot of XTC if we look at current distribution (not including Bter.com): https://www.blockscan.com/assetholders?q=TILECOINX (nothing to fear).

Enjoy the San Francisco trip, expecting BIG BIG BIG things here for Tilepay in the next few weeks. Smiley

Take it easy.

Will keep support tilecoin for 10 years. Smiley

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March 07, 2017, 12:05:45 AM
 #2233

I see what's happening here. Team Qtum, the sockpuppets AND my fellow paid trolls have all abandoned me.  Cry Cry Cry Now I'm really gonna kill myself!  Cool Cool Cool
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March 07, 2017, 12:19:17 AM
 #2234

20% for business development? Come on, it seems like bribery money, or the huge payment to those useless PR websites right? Free money to them. Immoral to make money for promoting a scam project.
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March 07, 2017, 12:42:03 AM
 #2235

20% for business development? Come on, it seems like bribery money, or the huge payment to those useless PR websites right? Free money to them. Immoral to make money for promoting a scam project.

The founder gets more. Qtum's founder is Patrick Dai or Steven Dai, depending on what day it is. He's the lead elephant in the room. Jordan is his handler. Caspal solves Rubik's Cube with his feet. Neil Sakr or Neil Mahi (depending on what day it is) is the professional poker player on staff. Time Markov and Toni Markov are father and son or twins, again, depending on what day it is. Star Xu of OKCoin is backing Qtum after OKCoin coin got an influx of bitcoins from Qtum to the tune of $641K+ USD stemming from Qtum's coffer amassed prior to registering its non-profit in Singapore where their charter is, restricted by law in obtaining over $5M SGD in revenue in spite of Qtum publicly declaring that they're projecting a $10M+ USD windfall during their ICO.

Yes, the Qtum & DaiLi Quagmire Circus is currently on tour, soon coming to a city near you. There'll be plenty of elephants but no shovels to scoop up their shit because Team Qtum needs every shovel they can muster so to continue digging themselves a deeper hole, currently at DepthCom Twins, aiming for the MahiSakr Strata by the end of the week.
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March 07, 2017, 02:12:55 AM
 #2236


Please, allow me to quote from a famous media outlet, namely Yahoo!:


This is a press release, do you know what's a press release glebby?

I meant articles like these:

http://www.forbes.com/sites/rogeraitken/2017/02/06/qtum-mixing-bitcoin-ethereum-launching-proof-of-stake-smart-contracts-platform/

https://news.bitcoin.com/qtum-project-mixture-bitcoin-ethereum/

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2F7YvsR3b.png%3F1&t=574&c=9FGFyEZvKBvuBg

http://www.ibtimes.co.uk/qtum-building-bridges-between-bitcoin-ethereum-hyperledger-r3-corda-1605691

And the list is long, don't tell me Qtum owns forbes.com too!

Oh and you start sounding like a broken record here, it think it's time Qtum starts moderating this thread!

Also for anyone reading this guy's allegations please check this video:



This guy is a world class paid troll! be aware of that!
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March 07, 2017, 02:35:32 AM
 #2237


Please, allow me to quote from a famous media outlet, namely Yahoo!:


This is a press release, do you know what's a press release glebby?

I meant articles like these:

http://www.forbes.com/sites/rogeraitken/2017/02/06/qtum-mixing-bitcoin-ethereum-launching-proof-of-stake-smart-contracts-platform/

https://news.bitcoin.com/qtum-project-mixture-bitcoin-ethereum/

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2F7YvsR3b.png%3F1&t=574&c=9FGFyEZvKBvuBg

http://www.ibtimes.co.uk/qtum-building-bridges-between-bitcoin-ethereum-hyperledger-r3-corda-1605691

And the list is long, don't tell me Qtum owns forbes.com too!

Oh and you start sounding like a broken record here, it think it's time Qtum starts moderating this thread!

Also for anyone reading this guy's allegations please check this video:



This guy is a world class paid troll! be aware of that!

How much did they pay you to defend a shady team?
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March 07, 2017, 02:38:55 AM
 #2238


Please, allow me to quote from a famous media outlet, namely Yahoo!:


This is a press release, do you know what's a press release glebby?

I meant articles like these:

http://www.forbes.com/sites/rogeraitken/2017/02/06/qtum-mixing-bitcoin-ethereum-launching-proof-of-stake-smart-contracts-platform/

https://news.bitcoin.com/qtum-project-mixture-bitcoin-ethereum/

https://ip.bitcointalk.org/?u=http%3A%2F%2Fi.imgur.com%2F7YvsR3b.png%3F1&t=574&c=9FGFyEZvKBvuBg

http://www.ibtimes.co.uk/qtum-building-bridges-between-bitcoin-ethereum-hyperledger-r3-corda-1605691

And the list is long, don't tell me Qtum owns forbes.com too!

Oh and you start sounding like a broken record here, it think it's time Qtum starts moderating this thread!

Also for anyone reading this guy's allegations please check this video:



This guy is a world class paid troll! be aware of that!

How much did they pay you to defend a shady team?

I'm not defending the team, I'm exposing the truth about this paid troll!

There's obviously an organized attack against this project. DYOR!
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March 07, 2017, 02:42:02 AM
 #2239


MoveCrypto for Komodo Notary
https://komodoplatform.com/
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mmmmmm


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March 07, 2017, 02:56:18 AM
 #2240

We made some news today! http://finance.yahoo.com/news/qtum-blockchain-project-announces-support-160000010.html

Quote
The Qtum Blockchain Project Announces Support From PwC

PR Newswire   PR NewswireMarch 7, 2017

SINGAPORE, March 6, 2017 /PRNewswire/ -- The Qtum Foundation, architects of the Qtum blockchain, which execute smart contracts with a proof-of-stake consensus mechanism, today announced that one of the leading professional service providers PwC is supporting Qtum's efforts to help fuel blockchain adoption across global business sectors. This includes providing comments on a white paper to be prepared by the project team, as well as on their proposed project governance structure. PwC is a network of firms in 157 countries, who are committed to delivering quality in assurance, advisory, and tax services.

"PwC sees enormous potential for blockchain to revolutionize business practices as we know them, and the firm has made great efforts in developing strategic and technical capabilities to adapt existing products and services for the new technology. We are excited to get involved in the era of innovation and help companies capture the opportunities and benefits brought by the new technology. Working with the Qtum Foundation aligns with our goal," said CY Cheung, Fintech and Cybersecurity Partner of PwC China.

Qtum's governance structure, which is detailed in the Foundation's Qtum Blockchain Economy Whitepaper (https://qtum.org/en/white-papers), illustrates the level of professionalism PwC has brought to the team. Qtum's management structure will allow the project to effectively take hold as one of the largest open-source blockchain projects that can meet the needs of financial services, Internet of Things (IoT), supply chain management, social media, gaming and other industries.

"The Qtum Project is committed to becoming a smart contracts platform for business. To do this, Qtum wants to make it feasible for industries to build practical applications on top of Qtum. Qtum envisions a future where business practices are automated, and machine-to-machine communication is seamless. Having PwC, who has broad expertise across industries and a global network, support Qtum will help us fulfill our mission," added to Patrick Dai, co-founder of the Qtum Project.

About Qtum: Qtum is an open source value transfer protocol and decentralized application platform. The development team hails from multiple countries around the globe and is a collection of top experts in the industry. The Qtum Foundation, headquartered in Singapore, is the decision-making body that drives the project development. The Qtum Foundation has engaged one of the world's leading professional service providers, PwC, for project management support. Learn more at https://qtum.org

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