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

[welsonlee]

Investing in Chinese exchanges is very risky, we can't withdraw coins from there, be cautious, Qtum scam and Chinese no withdrawal scam will kill us.

You are right, the Chinese exchange really can not extract your own coins

[1715664652]

1715664652

[1715664652]

1715664652

[1715664652]

1715664652

[1715664652]

1715664652

[romanekras]

Qtum Releases First Source Code Snapshot, Announces Blockchain Platform for Mobile Smart Contracts and IoT
Qtum co-founder Patrick Dai stated:
“Making smart contracts work on smartphones and tablets heralds a new age in the field of decentralized computation. With about half of all internet traffic being generated by mobile devices, every real-world use case for decentralized applications would massively benefit from mobile support – especially if we’re taking the tendencies of developing markets into account.” Read more

[Qtum]

Press Update:




FinanceMagnates discusses our mobile Smart Contract platform, and they make reference to our Mobile Wallet and iMessage Demo video:

https://www.youtube.com/watch?v=TucgSvwTDHo

http://www.financemagnates.com/cryptocurrency/innovation/qtum-reveals-mobile-platform-blockchain-smart-contracts/

 Avi Mizrahi | Innovation (CryptoCurrency) | Tuesday, 14/03/2017|19:00 GMT




Ahead of its planned $15 million crowdsale, Qtum revealed today that its platform will allow smart contracts and decentralized applications to function on mobile phones, tablets and Internet-of-Things (IoT) appliances.

The developers explain that in contrast to existing smart contract platforms, which require a full node and blockchain copy to be present on a client app to execute decentralized applications, Qtum allows smart contract usage without having to install heavy, specialized software. With this, smart contracts can be used in low data storage environments, such as smartphones and IoT devices.

This is done by stacking the Ethereum Virtual Machine (EVM) on top of Bitcoin’s unspent transaction output (UTXO) architecture. With this, the EVM is accessible with lite wallets. Lite wallets, utilizing the SPV protocol, allow users to interact with the bitcoin network and validate their own transactions, without having to download and sync with the entire blockchain.


Patrick Dai, CEO and co-founder of Qtum, commented: “Making smart contracts work on smartphones and tablets heralds a new age in the field of decentralized computation. With about half of all internet traffic being generated by mobile devices, every real-world use case for decentralized applications would massively benefit from mobile support – especially if we’re taking the tendencies of developing markets into account.”
Get smart

In addition to mobile support for decentralized applications, Qtum describes its platform as suited for business automation and the development of a blockchain-secured IoT, allowing existing “non-smart” hardware to be controlled and operated with smart contracts, without having to be augmented with specialized proprietary systems. Jordan Earlz, co-founder explains:

“Relying on existing Raspberry Pi-like devices already present in most standard appliances, Qtum smart contracts can potentially control any device with an accessible API. This way the interaction of “things” in a given business could be programmed and orchestrated with very little investment in specialized hardware.” Jordan Earlz, co-founder of the Qtum Project

[stormia]

So the team said they were going to release code on github two days before the ICO. That would be today, has the code been released?

Yes, it's a snapshot of the code, you can find it on the OP.

So, what is your final target price to scam?

They want to raise 15 million USD during the ICO. Aaaand they are only selling 51% of the supply. So they hope to reach an initial market capitalization of around 30 million. Lol.

Here's my take on the ICO, without even having to consider the very real possibility of this being an outright scam:

They want to raise 15 million dollars in the ICO for only 51% of the supply. That's an initial market capitalization of 30 million. Based on what? What justifies the biggest initial market capitalization in the history of crypto ICOs? How is this supposed to look appealing to an ICO investor? There is little room to grow and tons of room for the price to fall.
Now factor in the additional fact the team is also going to have 29% of the supply that they will be selling to further fund the project (as if 15 million isn't enough?) and the fact the angel backers invested only ~1 million and got 20% of the supply meaning they paid 1/6th what ICO investors will have to pay and they can dump their coins all the way down to 1/6 the ICO price and sell for a profit all the way down. Now how does this look for ICO investors? Like a total ripoff? Looks like a one stage pyramid scheme to benefit the angel investors and team only. How the hell are you going to support an initial market cap of 30 mil when you also have that sell pressure coming from the 49% premine?

Why wouldn't somebody just wait until after the ICO to buy on the inevitable dump below ICO price? That way you could also wait and see for certain whether or not it is a scam.

[Qtum]

So the team said they were going to release code on github two days before the ICO. That would be today, has the code been released?

Yes, it's a snapshot of the code, you can find it on the OP.

So, what is your final target price to scam?

They want to raise 15 million USD during the ICO. Aaaand they are only selling 51% of the supply. So they hope to reach an initial market capitalization of around 30 million. For vaporware. Lol.

Here's my take on the ICO, without even having to consider the very real possibility of this being an outright scam:

They want to raise 15 million dollars in the ICO for only 51% of the supply. That's an initial market capitalization of 30 million. Based on what? What justifies the biggest initial market capitalization in the history of crypto ICOs? How is this supposed to look appealing to an ICO investor? There is little room to grow and tons of room for the price to fall.
Now factor in the additional fact the team is also going to have 29% of the supply that they will be selling to further fund the project (as if 15 million isn't enough?) and the fact the angel backers invested only ~1 million and got 20% of the supply meaning they paid 1/6th what ICO investors will have to pay and they can dump their coins all the way down to 1/6 the ICO price and sell for a profit all the way down. Now how does this look for ICO investors? Like a total ripoff? Looks like a one stage pyramid scheme to benefit the angel investors and team only. How the hell are you going to support an initial market cap of 30 mil when you also have that sell pressure coming from the 49% premine?

Why wouldn't somebody just wait until after the ICO to buy on the inevitable dump below ICO price? That way you could also wait and see for certain whether or not it is a scam.

Hi Stomia,

The Angel Backers are not getting 20%, they are getting around 8%, the other 12% is to be delivered to the development team over the next few years.

Take a look at how we distribute the other 29%:

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.

We go into detail about this here:

https://qtum.org/en/crowdsale

[stormia]

So the team said they were going to release code on github two days before the ICO. That would be today, has the code been released?

Yes, it's a snapshot of the code, you can find it on the OP.

So, what is your final target price to scam?

They want to raise 15 million USD during the ICO. Aaaand they are only selling 51% of the supply. So they hope to reach an initial market capitalization of around 30 million. For vaporware. Lol.

Here's my take on the ICO, without even having to consider the very real possibility of this being an outright scam:

They want to raise 15 million dollars in the ICO for only 51% of the supply. That's an initial market capitalization of 30 million. Based on what? What justifies the biggest initial market capitalization in the history of crypto ICOs? How is this supposed to look appealing to an ICO investor? There is little room to grow and tons of room for the price to fall.
Now factor in the additional fact the team is also going to have 29% of the supply that they will be selling to further fund the project (as if 15 million isn't enough?) and the fact the angel backers invested only ~1 million and got 20% of the supply meaning they paid 1/6th what ICO investors will have to pay and they can dump their coins all the way down to 1/6 the ICO price and sell for a profit all the way down. Now how does this look for ICO investors? Like a total ripoff? Looks like a one stage pyramid scheme to benefit the angel investors and team only. How the hell are you going to support an initial market cap of 30 mil when you also have that sell pressure coming from the 49% premine?

Why wouldn't somebody just wait until after the ICO to buy on the inevitable dump below ICO price? That way you could also wait and see for certain whether or not it is a scam.

Hi Stomia,

The Angel Backers are not getting 20%, they are getting around 8%, the other 12% is to be delivered to the development team over the next few years.

Take a look at how we distribute the other 29%:

29% of Qtum tokens (29,000,000 QTUM) will be allocated to community initiatives concerning business development, as well as academic research, education, and market expansion

During the next four years, the Qtum foundation will allocate 29% of the initial QTUM supply to third parties promoting the application and growth of the Qtum ecosystem. This budget will be held in publically viewable wallets and subjected to community scrutiny. Potential surpluses arising from this activity will be redistributed among Qtum token and stakeholders.

We go into detail about this here:

https://qtum.org/en/crowdsale

So how much did the team pay for 12% of the supply? Or is that where your salary solely comes from? Because you already plan on raising 15 million USD, why do you need 12% of supply as well? 12% of the supply would be valued at over 3.5 million if you end up raising 15 mil during the sale of 51% of the supply in the ICO.

And yeah I can read all about how you plan to use the 29% but that still doesn't justify why you need to withhold 29% of the supply for promotions etc in the first place when you are planning on raising 15 million USD from ICO investors (and already have raised 1 million from angel investors, right?). Why can't you use some of that 16 million instead of screwing ICO investors over by taking away a huge chunk (more than 1/4th) of the supply available to them during the ICO? How hard of a idea is it for you to grasp that a 49% premine + 15 million USD ICO is an unprecedented and unjustified funding structure? I know you aren't going to budge, but if you think people are going to stop criticizing this aspect of the ICO you are dead wrong. And it will have an effect on how many people participate and how much money they are willing to risk. I guess we will just have to wait and see how the ICO turns out, but if it is a flop I would guess that has more to do with the ICO structure and logistics than it does with the scam accusations.

[mladen00]

So angel investors will get automatic 2,4x ROI

[Gleb Gamow]

Meanwhile, Qtum's Chinese Slack channel is deader than a doornail in spite of Qtum claiming that the Chinese are their largest user base and, perhaps, the thousands of Indian and Indonesian and Eastern European Facebookers getting paid to Like whatever masala Qtum posts.

Facebook users in Indonesia is not interested in the project Qtum and not knowing about Qtum, I happen to live in Indonesia and often went to Singapore
Tread Qtum in the local board in the lock by the OP

Because until now there is no good development of thread Qtum Internationalnya so I decided to lock / lock this thread until there are further developments or statement authorized sufficient to proceed with this project, and I once suggested that no member of Indonesia that invest in this project. Thank you

At least Javanese had a tread on this forum to satisfy them unlike on the Chinese board - https://bitcointalk.org/index.php?board=30.0 - where the Qtum Chinese-speaking cocksuckers found it prudent to NOT have a presence for their venerable brand in spite of shouting from the rooftops that Asians in general, Chinese in particular make up the majority of those extremely interested in Project Qtum, going as far as declaring that Qtum is taylor for said demographics. That, and utilizing only Chinese exchanges for the selling of the Qtum token during its ICO; Chinese exchanges ALL related - at least one quasi-newly formed (Allcoin) - and literally in Qtum's hip pocket, most having representatives of their respective brands coming out of the woodwork in taking up their valuable time to frequent Qtum's ENGLISH-speaking Slack channel and this thread to address questions and concerns of those desiring to acquire the Qtum token that'll remain trapped on the exchanges till at least September. If that ain't madness, then either is jacking off to this cutie -> https://lolcow.farm/ot/src/1436186517403.jpg.

If only there was a voice in this community to get the word out. Oh, wait!

allcoin = scam exchange. Many people never got their coins last time it shut down.

btc-mike = scammer

The previous Allcoin.com has been taken-over. If you still have any assets in your previous account, please contact: allcoin.com@outlook.com

We are new Allcoin now .

Jesus fuckin Christ! Speakin' of circle jerking, we've cum full circle.

Translating btc-mark's post: It was difficult to get over the emotional loss.  My life was ruined.   My life continued and I started to look for a new project to begin again.  A fresh start.  I'm on a good track now, trying to put the past behind me.

allcoin = scam exchange. Many people never got their coins last time it shut down.

btc-mike = scammer

The previous Allcoin.com has been taken-over. If you still have any assets in your previous account, please contact: allcoin.com@outlook.com

We are new Allcoin now .

In your site, you claimed you are public company, lol, but what the hell do you list Edinarcoin? The proven ponzi scam coin.

btc-mark: Edinarcoin is on a good track now, trying to put the past behind them.

Investing in Chinese exchanges is very risky, we can't withdraw coins from there, be cautious, Qtum scam and Chinese no withdrawal scam will kill us.

You are right, the Chinese exchange really can not extract your own coins

I am shocked! Shocked that users would want to withdrawal their precious from Chinese exchanges.

So angel investors will get automatic 2,4x ROI

Yes, even the US citizens ones, of which Qtum has expressed endlessly that US citizens can not legally partake in Qtum's ICO scheme (emphasis on 'scheme').

[electronicash]

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

[stereotype]

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.   

[Gleb Gamow]

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.   

Funny you say that. I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack, receiving notifications to my main email address I used during the verification process of setting up said account. It was newly created. These fuckers wanna suck out everything they can.

[jacaf01]

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

Qtum will be Antshares 2.0, I have a theory that they are going to buy into their ICO in the first mins, just to lure investors thesame way Antshares did by depositing 1000BTC in first hour. I think that is why they are not using any western exchange because it may be difficult to get them to agree with their plan

[stackoverflow]

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.    

Funny you say that. I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack, receiving notifications to my main email address I used during the verification process of setting up said account. It was newly created. These fuckers wanna suck out everything they can.

Switching to mythomania now glebby? are you so desperate?

Maybe the Russians are trying to hack your email  

These childish accusations discredit you even more!

[Gleb Gamow]

this is going to end up like how anshares did. its a messed up project with the dev that doesn't even respond even when online. and they will forget anything about you after you have send your btcs to them.  when chinese  exchanges are involve, its going to be a huge loss for investors, they won't even give what you just bought.

And when you get kicked from slack, they may also try to compromise your registered email address, also.    

Funny you say that. I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack, receiving notifications to my main email address I used during the verification process of setting up said account. It was newly created. These fuckers wanna suck out everything they can.

Switching to mythomania now glebby? are you so desperate?

Maybe the Russians are trying to hack your email  

These childish accusations discredit you even more!

Instead of Team Qtum or cocksuckeroverflow picking apart serious accusations directed toward the Qtum brand, they opt to address mundane issues under the auspices of the FUD Buster Foundation. 

TBC, even this user account is under attack of late, but according to cocksuckeroverflow it's probably something I made up like everything else I've penned in this thread sans proof, for that's how I roll.

Teach a man how to fish and he'll never go hungry; give cocksuckeroverflow a fish and he'll stick his dick in its mouth while a third dude records the event -> http://www.slutload.com/video/2-guys-1-fish/8CKfj7wznKVz/

[knobson]

QTUM on Russian blockchain social media platform https://golos.io/ru--blokcheijn/@cryptoscope/qtum-poluchil-usd1-million-ot-angelskikh-blokchein-investorov

[somogyipeti]

When does the ICO start?

[stackoverflow]

I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack ...

It seems you've been using this address for other stuff than Qtum, look at all these emails you got on it.

Busted lying glebby! ... Again 

Why in the world would such a big project be interested in hacking emails? If you want to lie, try something actually reasonable. fabulating like this only discredits you more!

[ArabMist]

Gleb, you're a fucking idiot. You sounds like you're ass is owned by some Ether fan millionaire.

You are FUCKING DRIVING PEOPLE TO THIS ICO with your trolling.

Haters called Bitcoin a scam.
Haters called Ethereum a scam.
Haters calling Qtum a scam.

Shut the fuck up and let people read the background. I actually changed my mind this week. I'm investing in Qtum with a measly 5btc just to annoy you. If I get my funds back then I'll come back here and call you a cunt again. Oh btw, you're a cunt.

I'll PM you confirmation from the crowdsale so you know I'm not full of piss and vinegar.

[Gleb Gamow]

I just started getting login attempts to an email address I used nowhere else but for Qtum's Slack ...

It seems you've been using this address for other stuff than Qtum, look at all these emails you got on it.

Busted lying glebby! ... Again  

Why in the world would such a big project be interested in hacking emails? If you want to lie, try something actually reasonable. fabulating like this only discredits you more!

What a fuckin' idiot! Of course I've been using that email for other stuff. I've maintained it for over ten years. Every time I start another email account, I used the one depicted as the backup email account for notifications et al. as I clearly stated above.

Is it possible that that fish sucked your brains outta your dick, cocksuckeroverflow?

Speaking of being discredited, please provide this community where you've been cited by various periodicals. We'll wait.

Meanwhile, I'm gonna blow my brains out because ArabMist called me a fucking idiot.   That, and because I've been DRIVING PEOPLE TO THIS ICO with my trolling.  WOW! That cocksuckin' fish must really get around. 

[Zaducis]

Gleb, you're a fucking idiot. You sounds like you're ass is owned by some Ether fan millionaire.

You are FUCKING DRIVING PEOPLE TO THIS ICO with your trolling.

Haters called Bitcoin a scam.
Haters called Ethereum a scam.
Haters calling Qtum a scam.

Shut the fuck up and let people read the background. I actually changed my mind this week. I'm investing in Qtum with a measly 5btc just to annoy you. If I get my funds back then I'll come back here and call you a cunt again. Oh btw, you're a cunt.

I'll PM you confirmation from the crowdsale so you know I'm not full of piss and vinegar.

You look like a madman. Gleb all structurally stated and made his conclusions with which many agree, many disagree. To invest or not is your decision, so everything is in your hands. And so your attacks are like a paid PR