[ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake

[Qtum]

Qtum Update:  January 28th, 2017

It has been a few days since we gave a status update, so we would like to give an overview of what’s going on behind the scenes.

Recently, we have begun work on a new website.  That should be ready in about 3 weeks, until then, we will continue to use the current one (https://qtum.org).  The section where we list our Angel Backers has been updated, we will reveal more names shortly once we have approval.  We plan to discuss with our Angels why they decided to support our project, and what they expect from our team in the future.  

The Qtum Crowd Sale will start on March 1st.  We currently have enough funds to last until the sale ends on April 1st.  The Crowd Sale will be hosted by major Chinese exchanges, which will be announced in February.  There will also be a direct sale that is done on our website.  The concrete information about the Crowd Sale will be announced in our business whitepaper prepared by PricewaterhouseCoopers.  The technical whitepaper will come out mid-February.  The draft section that we released a few weeks back was from the last revision of the whitepaper, so that portion will be completely redone for the new version.

On the Press front, we have done a decent job gaining  traction with Blockchain industry sites.  Our focus right now is engaging with the mainstream press.  A large part of this project involves preparing a Blockchain project for real world business applications.  We already have a signed partnership agreement with a company valued at 100 million dollars USD, which we will discuss later.  We are currently in discussions with more companies, who are excited about our “Go Mobile” strategy.  This was actually the portion of our project that convinced a billionaire to back Qtum.

Our development team is currently merging the Proof-of-Stake protocol into Bitcoin Core v0.13, along with some testing of the Account Abstract layer we implemented to allow the EVM to run on a UTXO model.  The screenshot earlier of the mobile wallet is what you can expect to see once we have a working testnet.  Jordan Earls can give a better update on this later, and it’s best to ask him questions directly if you want more details.

Again, if you would like to speak with our team directly, there is always someone on Slack:

https://qtumslack.herokuapp.com/

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[pinkflower]

Im very excited to take part in your ICO. I hope you all the best. But Im curious on why you decided to go for a proof of stake system instead of proof of work. A premine and using proof of work might be the better direction for you since you are already using the Bitcoin code base. Is it because you want faster confirmation times?

[schnötzel]

bounty for german translation?

[noormcs5]

The thing that awaited the public is ICO, with good reputation and notifications from various companies like Baidu, Alibaba, Tencent, NASDAQ and more, I believe there are no investors are hesitant to put their money in the Qtum project. I also have set up some BTC to buy Qtum coin.

Yeah i think so, because the dev not just give promise for us. This can be evidenced since some campaign before ICO release, they always deliver what they promised, I like this.

Yes true, commitment is the thing that makes us and all investors are confident about the future of Qtum coin. What Qtum have said and certainly will be realized, the one thing I wait besides the ICO is mining, hoping soon to get the full way of mining Qtum coin.

Confidence can not be bought with anything. So, i hope Qtum dev not make we, who are believed with their project disappointed soon. And Qtum users not run away if something happen so.

Qtum is a trusted project. No doubt about that. and Confidence can be bought by Escrow in case of Crypto Currencies. one more thing which makes this project trusted is that it is initiated by china investors and Chinese are most honest nation currently in the world.

[dhampir-D]

It will be better that the developers of Qtum project announce the ICO starting date from now because with this some people will get prepared for that date and will keep ready some money to invest in that project.

It's not a big deal. Most of the ICO thing are like that and if people are really eyeing to make a successful partnership in Qtum and really hoping for a success in this project for a long term they should have ready their funds even there is no official announcement when will the ICO start.

I suggest you guys to participate in their discussion at Slacks if in some cases you didn't have some detailed information here about your concerns.

I have kept my eyes on this project and look at each of their announcement but I do not know about their ICO that will it have ICO or when will it be start. I only want to hear from the developers about their ICO program.

Already many times ICO date has been discussed by many people here, i can say they are going to start their ICO in the month of March 1st. Otherwise go to their slack channel, you can ask there you can get answer for your questions.

Despite this, it seems that the creators of the project have already managed to raise a million dollars from leading blockchain entrepreneurs. I think this can bring great benefits to the project, as long as it is applied to the right thing.

[fuathan3]

I will take part in your ICO. I hope you all the best.

[DomainMagnate]

The Crowd Sale will be
hosted by major Chinese exchanges,
which will be announced in February.
There will also be a direct sale that is
done on our website.

Will they both run together and offer same price for qtum tokens?
I know many non-Chinese people like me have problems signing up on Chinese exchanges due to language problem but buying on website would be a good option if price are at par with exchange crowd sale.

[Densitymax]

Also, it will significantly increase interest in Ethereum, which is very pleasing. I wonder what happens in this project as a whole and how quickly will be ready to release.

Could you tell me how the influence of Eth would be?
It was interpreted to be effective for Btc.
Eth what kind of effect will it be.

As I understand, all that will be created on the QTUM platform can be easily imported into Ethereum.

[jacaf01]

Qtum Update:  January 28th, 2017

It has been a few days since we gave a status update, so we would like to give an overview of what’s going on behind the scenes.

Recently, we have begun work on a new website.  That should be ready in about 3 weeks, until then, we will continue to use the current one (https://qtum.org).  The section where we list our Angel Backers has been updated, we will reveal more names shortly once we have approval.  We plan to discuss with our Angels why they decided to support our project, and what they expect from our team in the future.  

The Qtum Crowd Sale will start on March 1st.  We currently have enough funds to last until the sale ends on April 1st.  The Crowd Sale will be hosted by major Chinese exchanges, which will be announced in February.  There will also be a direct sale that is done on our website.  The concrete information about the Crowd Sale will be announced in our business whitepaper prepared by PricewaterhouseCoopers.  The technical whitepaper will come out mid-February.  The draft section that we released a few weeks back was from the last revision of the whitepaper, so that portion will be completely redone for the new version.

On the Press front, we have done a decent job gaining  traction with Blockchain industry sites.  Our focus right now is engaging with the mainstream press.  A large part of this project involves preparing a Blockchain project for real world business applications.  We already have a signed partnership agreement with a company valued at 100 million dollars USD, which we will discuss later.  We are currently in discussions with more companies, who are excited about our “Go Mobile” strategy.  This was actually the portion of our project that convinced a billionaire to back Qtum.

Our development team is currently merging the Proof-of-Stake protocol into Bitcoin Core v0.13, along with some testing of the Account Abstract layer we implemented to allow the EVM to run on a UTXO model.  The screenshot earlier of the mobile wallet is what you can expect to see once we have a working testnet.  Jordan Earls can give a better update on this later, and it’s best to ask him questions directly if you want more details.

Again, if you would like to speak with our team directly, there is always someone on Slack:

https://qtumslack.herokuapp.com/

Anthony Di lorio has given this project a face lift.

Chinese exchange, I just hope we won't have inside trading the way like firstblood ICO that was bought by the exchange and was sold at X2 24hours later

[temmuz]

The Chinese have an absolutely striking effect when they enter a market. If you look at the photos, charismatic.
 Like many dev punk in many projects.

[redhack]

I wont trust any thing which is made in china

That's racist man. It's your choice to trust or not but you can't discriminize a nation. China has a lot of great minds in tech, even in Silicon Valley you can see a lot of Chinese. Tech has no nation, the important thing is innovation and create new things. Qtum is created for humanity, not only for Chinese.

[jakelyson]

The Crowd Sale will be
hosted by major Chinese exchanges,
which will be announced in February.
There will also be a direct sale that is
done on our website.

Will they both run together and offer same price for qtum tokens?
I know many non-Chinese people like me have problems signing up on Chinese exchanges due to language problem but buying on website would be a good option if price are at par with exchange crowd sale.

This is my concern as well. It will be hard for people who does not speak chinese to participate in the Crowd sale unless the price in the website is in par with the exchanges or other major exchanges will sell it as well.

Time to stock up some funds and looking forward to march 1.

[Mbah Slamet]

I noticed this coin is very different from other coins, I am keen to continue for observe because Qtum not hurry launched ICO. I believe, Qtum have the huge resources and capital, seen from the marketing fund that they do.

[d@nte]

I noticed this coin is very different from other coins, I am keen to continue for observe because Qtum not hurry launched ICO. I believe, Qtum have the huge resources and capital, seen from the marketing fund that they do.

Lately there have been few icos that have had a good result, but considering the team, PR strategies and partnerships, there are good signs that this project can be successful. It is always important to do your own research before investing though.

[Sadlife]

People are speculating this virtual currency to be a success specially that this currency has gained so much popularity and support in the bitcointalk community.
You can rest assured that all your hard work will be fruitful

[Victorycoin]

The thing that awaited the public is ICO, with good reputation and notifications from various companies like Baidu, Alibaba, Tencent, NASDAQ and more, I believe there are no investors are hesitant to put their money in the Qtum project. I also have set up some BTC to buy Qtum coin.

Yeah i think so, because the dev not just give promise for us. This can be evidenced since some campaign before ICO release, they always deliver what they promised, I like this.

Yes true, commitment is the thing that makes us and all investors are confident about the future of Qtum coin. What Qtum have said and certainly will be realized, the one thing I wait besides the ICO is mining, hoping soon to get the full way of mining Qtum coin.

Confidence can not be bought with anything. So, i hope Qtum dev not make we, who are believed with their project disappointed soon. And Qtum users not run away if something happen so.

Qtum is a trusted project. No doubt about that. and Confidence can be bought by Escrow in case of Crypto Currencies. one more thing which makes this project trusted is that it is initiated by china investors and Chinese are most honest nation currently in the world.

Not really, there are bad and good people everywhere on the surface of the earth! With what everyone can already see in terms of commitments and investments, it goes without saying that Qtum developers are here to make great impacts in the industry after the order of Satoshi Nakamoto.

@ Qtum, nice update there, want to suggest, the Crowd sale should cut across major exchanges and not just the Chinese exchanges, Qtum is already a global thing!

[ayu07]

I noticed this coin is very different from other coins, I am keen to continue for observe because Qtum not hurry launched ICO. I believe, Qtum have the huge resources and capital, seen from the marketing fund that they do.

Lately there have been few icos that have had a good result, but considering the team, PR strategies and partnerships, there are good signs that this project can be successful. It is always important to do your own research before investing though.

I was keen to get coins qtum not only through investment ... I am ready to help or can say with services
one more thing. I also expect can be interwoven communication with these communities for learning

[BTCspace]

Qtum Update:  January 28th, 2017

It has been a few days since we gave a status update, so we would like to give an overview of what’s going on behind the scenes.

Recently, we have begun work on a new website.  That should be ready in about 3 weeks, until then, we will continue to use the current one (https://qtum.org).  The section where we list our Angel Backers has been updated, we will reveal more names shortly once we have approval.  We plan to discuss with our Angels why they decided to support our project, and what they expect from our team in the future.  

The Qtum Crowd Sale will start on March 1st.  We currently have enough funds to last until the sale ends on April 1st.  The Crowd Sale will be hosted by major Chinese exchanges, which will be announced in February.  There will also be a direct sale that is done on our website.  The concrete information about the Crowd Sale will be announced in our business whitepaper prepared by PricewaterhouseCoopers.  The technical whitepaper will come out mid-February.  The draft section that we released a few weeks back was from the last revision of the whitepaper, so that portion will be completely redone for the new version.

On the Press front, we have done a decent job gaining  traction with Blockchain industry sites.  Our focus right now is engaging with the mainstream press.  A large part of this project involves preparing a Blockchain project for real world business applications.  We already have a signed partnership agreement with a company valued at 100 million dollars USD, which we will discuss later.  We are currently in discussions with more companies, who are excited about our “Go Mobile” strategy.  This was actually the portion of our project that convinced a billionaire to back Qtum.

Our development team is currently merging the Proof-of-Stake protocol into Bitcoin Core v0.13, along with some testing of the Account Abstract layer we implemented to allow the EVM to run on a UTXO model.  The screenshot earlier of the mobile wallet is what you can expect to see once we have a working testnet.  Jordan Earls can give a better update on this later, and it’s best to ask him questions directly if you want more details.

Again, if you would like to speak with our team directly, there is always someone on Slack:

https://qtumslack.herokuapp.com/

The Crowd Sale will be hosted by major Chinese exchanges, which will be announced in February.  There will also be a direct sale that is done on our website.

thank you for the updates.
so people can invest through the qtum.org website too?

[provenceday]

since Qtum is mainly based on bitcoin source code... so it's a more stable smart contract platform?

[hyudien]

Qtum is a trusted project. No doubt about that. and Confidence can be bought by Escrow in case of Crypto Currencies. one more thing which makes this project trusted is that it is initiated by china investors and Chinese are most honest nation currently in the world.

I think escrow can't guarantee the investor to take part in ICO. Because I ever disappointed with another ICO, they escrow by someone with a good reputation.
Escrow just one way to make we are believe to this ICO, but not ensure success of ICO in the future.