Qtum (OP)
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July 14, 2017, 03:07:13 AM |
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Have a look at our newest Medium post:https://medium.com/@Qtum/what-is-a-blockchain-fork-16cef86c0ad8What is a blockchain fork?If you’ve had any exposure to the world of cryptocurrencies and blockchain technology, you’ve probably heard of the term “fork.” Not unlike the layman’s definition (and not the one that involves eating), a fork occurs when developers veer away to a new project using code based off of another already developed. The topic of forks has received a lot of attention in recent past, when part of the ethereum community found it necessary to fork project due to a breach in an Ethereum-based contract known as “The DAO” and currently with the upcoming User Activated Soft Fork (UASF), which is set to occur August 1.
Forks come in different varieties, including soft, user-activated and hard forks.
A so-called soft fork is a backward-compatible shift in a blockchain, or decentralized network. Backwards compatibility means, in a decentralized framework, nodes are not required to upgrade in order to maintain consensus since all blocks with the new soft forked rules also follow the old rules; therefore, old clients accept them. As such only miners are typically required to activate a soft fork as old nodes — the systems connected to the network — are able to accept blocks without upgrading.
Miners are inclined to eventually adopt the new version of the software or risk ending up on the losing end of the soft fork, essentially the minority group that decides to remain with either the old or new protocol, depending on how the pendulum of choice swings. To be a successful soft fork, more than half of the mining power must be running for a client to recognize the change. Nevertheless, as the label suggests, a soft fork is a less significant turn of events than a hard fork, which requires buy-in or acceptance across all players on the network.User Activated Soft ForksA User Activated Soft Fork, or UASF is a more sophisticated soft fork that can be enacted, typically, by the economic majority within a peer-to-peer network. It usually requires substantial industry support and a cohesive effort to make it work. Nodes in a decentralized infrastructure, and the rest of the economic majority, which includes the networks ecosystem of wallets and exchanges, are typically the deciding cadre; however, this is not always the case, as with Bitcoin Improvement Protocol (BIP) 148.
BIP 148
In BIP 148, a UASF is initiated as a signal to move toward mandatory activation of Segregated Witness deployment. The window in which enactment of BIP to be initiative sits between midnight, Aug. 1, 2017 and midnight, Nov. 15, 2017. Segregated Witness, or ‘SegWit’, is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. When certain parts of a transaction are removed, this frees up space to add more transactions to the chain thereby increasing the overall throughput of transactions on the network.
BIP 148 is not the typical modus operandi for a UASF which implement a soft fork that requires action from miners. Normally nodes would just begin enforcement on a given “flag day” as with BIP16, which was how the Pay-to-Script-Hash (P2SH) soft fork was activated in 2012 — a flag day was signaled whereby nodes agreed to start enforcing the new protocol. P2SH was activated with relatively little friction.But since four-fifths of the node network have already upgraded to SegWit capable software, it is up to the miners to shift and begin accepting blocks as according to the new protocol. Of course, a lot rides on where the rest of the economic majority — the wallets and exchanges — move to.
If the economic majority is signaling as of Aug. 1 for the adoption of BIP148, miners are incentivized to follow with the masses. However, nodes don’t represent a true reflection of the community since they can be rented on cloud services to skew the numbers. Nonetheless, not shifting to the new protocol that has an economic majority would be an unwise financial decision because it would make it difficult to sell coins mined after that date as the blocks would not be accepted by the majority. This would be tantamount to mining an alternative coin not recognized by users and exchanges, a poor business decision.Why is including SegWit so contentious? SegWit fixes one of the longest known issues in Bitcoin that has gone unfixed in part termed transaction malleability which is important to the long-term, global scalability of Bitcoin’s blockchain network. Transaction malleability allows more sophisticated users to change the ID of a transaction before it is confirmed in the blockchain. The reason this has become so contentious is because fixing transaction malleability would allow layer two technologies to be implemented in a less nuanced approach. Layer two technologies, such as lightning networks, would allow bitcoin transactions to take place off-chain in a far more streamlined way.
Now when you combine that with the fact that SegWit allows the witness signature to be excluded from the transaction data, you can begin to understand why some miners are putting up a fight. Additionally, SegWit introduces script versioning, which would extend the bitcoin protocol by allowing rules to the witness to be changed by a soft fork. One innovation that is likely to be proposed are Schnoor signatures. Schnoor signatures would additionally help raise a blockchain network’s throughput because transactions would only need one signature which benefits are realized in the case of multisig transactions. Schnoor signatures also offer some privacy benefits too. Bitcoin users typically pay a per byte fee to have their transaction approved by the network. Excluding witness data, which grows with the more witnesses a transaction has, would mean that transaction fees would decrease on a per transaction basis. Coupled with the fact that with layer two technologies, where users can make transactions off-chain, miners stand to lose a significant portion of their revenue.To put the range of profits in perspective, on June 7, miners on the Bitcoin network received over $1.78 million dollars in fees. On July 10, however, the total transaction fees decreased to $486,419.52, which correlated with less network activity. Thus preservation of the status quo has significant financial merit for miners. However, the loss in revenue if miners don’t move with the economic majority will be even more substantial and presents a strong claim to believe, with majority support for SegWit, miners must and will follow. Another reason SegWit has been so contentious is that some claim, that miners are using ASICBoost, which give them an advantage when mining. SegWit would help level the playing field for miners if this were the case.SegWit Support from Miners, SegWit is still far from the 95% activation threshold. What is a blockchain hard fork?With a hard fork, everyone — miners, merchants, and users — has to upgrade to the new client or code. Hard forks are not backward-compatible, which means old nodes will not, typically, accept blocks created by new nodes.In this event, the blockchain becomes two blockchains as the network splits if there isn't unanimous consensus. In the context of Bitcoin Core’s scaling roadmap and the upcoming BIP 148 UASF on Aug. 1, and the New York Agreement (NYA), led by Digital Currency Group’s Barry Silbert, efforts to fork the network are momentous.The New York AgreementThe New York Agreement is based on the “SegWit2x” proposal, that puts forth a proposal that couples activation of SegWit with an added block-size-increase hard fork at some later point. SegWit itself offers an increase equivalent of two to four megabytes, but the added hard fork would double this to a maximum equivalent to eight megabytes. According to DCG’s Medium post, the soft fork will be activated “at an 80% threshold,” (presumably) referring to hash power. And the hard fork will be activated “within six months.”NYA Signaling The percentage of blocks signaling for the NYA — by including the letters “NYA” in the blocks they mine — sat at 88% on July 11, which is above the threshold target needed for activation. Although, most of the core developers are against method off coupling SegWit with a hard fork later.
Bitcoin Developer Support for BIPs & Segwit2x Can bitcoin remain as one chain is the central question because its value is based on the network. This becomes especially concerning when some propose to use their power to implement a User Activated Hard Fork. While some people believe forks are a natural part of software development, the Singapore-based Qtum Foundation and others like us are working to eliminate them as much as possible.The Qtum SolutionThe Qtum Foundation, the developer of the Qtum blockchain which recently put out its first public test of its innovative platform, Sparknet, aims to solve this problem in part. A blockchain community consists of more than solely developers, miners, and node operators. That’s why taking a vote from just one of the groups isn’t ideal.
Jordan Earls, lead core developer and co-founder of the Qtum Project, said Qtum’s blockchain architecture was constructed in such a way, and with features in mind, to avoid the entire divisive construct of forking within in a decentralized network.
With Qtum’s combination of the technological advantages of the UTXO model, the EVM and proof-of-stake consensus, tethered to a unique Decentralized Governance Protocol (DGP), it would, according to Earls, be a trivial matter to enact a blocksize upgrade. “Qtum’s blockchain won’t completely replace forks, but it can cut down on the number of forks needed,” Earls said.
“Basically the blockchain is designed so that the blockchain itself is aware of a governing system within it. Some of the parameters and roles can be changed using this governance system. Mainly designed to be used for reactionary purposes.” Earls continued. Qtum wants to keep the network whole, while still innovating and taking as much input from community stakeholders. With Qtum’s Decentralized Governance Protocol, nodes, wallets, the core developers, and other industry stakeholders can coordinate more effectively allowing for seamless network upgrades.
The DGP is powerful enough that its governance structure can be completely replaced. So, the governing parties might later vote on a “meta-proposal” to replace the controllers of the DGP. This would allow for the governance to changed to a multi-tier setup, such as requiring a certain number of board members, as well as a certain number of core developers to vote on a proposal before it can be approved. However, the end goal is much more ambitious than a traditional governance system. Because a smart contract can also be a governing party of the DGP, it is possible to create significantly more complicated structures. In the future, we could also require a certain number of community votes or votes from stakers.
Beyond even that though, it is also possible to create a smart contract which monitors the blockchain’s status and health. And this monitoring smart contract could be made capable of creating and approving its proposals. With this technology, it is possible to make the blockchain self-regulating, self-modifying, and self-aware.
We believe this technology is a significant step forward and will be instrumental in Qtum being the first self-aware blockchain that can quickly adapt to a rapidly changing ecosystem and community without requiring constant interruption of the ecosystem to fix unforeseen problems.
With over two years of heated debates on scaling, only time will tell if Bitcoin can push blocks further. One thing is for sure; it will be an interesting summer with the UASF, Segwit2x, and the release of DGP in August.
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Gleb Gamow
In memoriam
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Activity: 1428
Merit: 1145
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July 14, 2017, 03:07:21 AM |
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The hype on QTUM certainly has benefitted the price immensely, regardless of scam accusations.
The hype on Cryptsy certainly has benefitted the exchange immensely, regardless of scam accusations. The hype on BFL certainly has benefitted the venture immensely, regardless of scam accusations. The hype on GAW certainly has benefitted the venture immensely, regardless of scam accusations. The hype on SWARM certainly has benefitted the venture immensely, regardless of scam accusations. The hype on EOS certainly has benefitted the venture immensely, regardless of it being literally based on ... wait for it ... nothing, not even bringing a spent table leg floor pad to the table. I would site a few hundred more examples, but doing such would severely cut into my porn time. That said, the next time I talk to Jehovah, I'll suggest he add more hours to the day.
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cyberpinoy
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July 14, 2017, 04:54:29 AM Last edit: July 14, 2017, 05:16:57 AM by cyberpinoy |
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I would site a few hundred more examples, but doing such would severely cut into my porn time. That said, the next time I talk to Jehovah, I'll suggest he add more hours to the day.
You have to understand the nature of Bruno (Gleb Gamow). An authentic scam accusation is one thing, but what gleb is doing here and a handful of other threads is not a scam accusation. Its a strategic tactic from 2012, the year he is stuck in. As the grassroots of crypto really got rooted, competitors thought of this tactic to combat competition. See to really understand Bruno and his stronghold on Bruno you must first understand he was and still is one of the paid trolls from 2010 till now. He made most of his money around 2011 and 2012 where he subsequently had his small fortune stolen from him, most likely by a disgruntled victim of his. The bottom line about Gleb Gamopw is this, he has a criminal record, he has stolen from people in the past, and then had a chance to even give the man his money back but opted to use someone elses money he stole to go to a bitcoin conference and make himself look good in front of others. HE is also quoted in my thread https://bitcointalk.org/index.php?topic=1012713.0 that he will lie to get any advantage over his competition. IS this really a man you want to listen to? or entrust funds to? He can say all he wants about me, but I started a service a few years ago, it is still in existance, we naturally had the same risk any crypto venture does. No matter what it is in crypto, there is ALWAYS some kind of risk of loss. However, we still make weekly payouts to the members, we have never been late on one payment, EVER, we are still here, and still doing our best we can for our members. I have not stolen anything from anyone still to this day, and no matter how he feels about any advertising techniques used, its advertisement. Pure and simple, but rest assured everything he gripes or has griped about me he has utilized in his own venture. He still refuses to answer the simple question, why didnt you just give the guy his money back instead of using it for your own personal benefit. The real funny thing about Bruno, he has no programming experience so he has no control over his own coin, he has no coding experience so he uses a cheap 1990 blog template for hsi website, he is known to break the law, and steal money from unsuspecting new people. But has the odacity to not only try and create an ICO which is primarily based on truth, but to attack anyone else he deems may be a competitor of his. As far as QTUM is concerned anything we do in crypto is a risk. I personally like POS coins, becasue they are more efficient, they less costly to mine, and the equipment needed to mine in POS may lose value over time, but you can always sell the coins after you have generated profits, where as with any POW you are stuck with an over-priced miner that will most likely be useless in 6 months to a year. Check the wallet make sure there are no viruses, that si the most important. if there is more than the one false negative that wo0uld be cloned form the Peercoin code base do not use it. anything else was added after the clone. My personal opinion about POS coins is wait till the launch hype has died down and see about getting in. I do not do ICOs ever, but I am very interested in good POS coins. As a matter of fact the service I run is solely based on POS coins. We are not accepting new members at the present moment tho so there is no need to try. We are reworking the pool for better returns for the members and do not want to get new members until we have finished that. My POS Pool was the first of its kind and with it came obstacles and situations we did not expect including the implosion of Cryptsy. We have had to make a lot of changes that even i did not want to make. But the pool is still there, members continue to get paid and we are reworking it for the best of the members we have now.
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Gleb Gamow
In memoriam
VIP
Legendary
Offline
Activity: 1428
Merit: 1145
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July 14, 2017, 06:04:04 AM |
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I would site a few hundred more examples, but doing such would severely cut into my porn time. That said, the next time I talk to Jehovah, I'll suggest he add more hours to the day.
You have to understand the nature of Bruno (Gleb Gamow). An authentic scam accusation is one thing, but what gleb is doing here and a handful of other threads is not a scam accusation. Its a strategic tactic from 2012, the year he is stuck in. As the grassroots of crypto really got rooted, competitors thought of this tactic to combat competition. See to really understand Bruno and his stronghold on Bruno you must first understand he was and still is one of the paid trolls from 2010 till now. He made most of his money around 2011 and 2012 where he subsequently had his small fortune stolen from him, most likely by a disgruntled victim of his. The bottom line about Gleb Gamopw is this, he has a criminal record, he has stolen from people in the past, and then had a chance to even give the man his money back but opted to use someone elses money he stole to go to a bitcoin conference and make himself look good in front of others. HE is also quoted in my thread https://bitcointalk.org/index.php?topic=1012713.0 that he will lie to get any advantage over his competition. IS this really a man you want to listen to? or entrust funds to? He can say all he wants about me, but I started a service a few years ago, it is still in existance, we naturally had the same risk any crypto venture does. No matter what it is in crypto, there is ALWAYS some kind of risk of loss. However, we still make weekly payouts to the members, we have never been late on one payment, EVER, we are still here, and still doing our best we can for our members. I have not stolen anything from anyone still to this day, and no matter how he feels about any advertising techniques used, its advertisement. Pure and simple, but rest assured everything he gripes or has griped about me he has utilized in his own venture. He still refuses to answer the simple question, why didnt you just give the guy his money back instead of using it for your own personal benefit. The real funny thing about Bruno, he has no programming experience so he has no control over his own coin, he has no coding experience so he uses a cheap 1990 blog template for hsi website, he is known to break the law, and steal money from unsuspecting new people. But has the odacity to not only try and create an ICO which is primarily based on truth, but to attack anyone else he deems may be a competitor of his. As far as QTUM is concerned anything we do in crypto is a risk. I personally like POS coins, becasue they are more efficient, they less costly to mine, and the equipment needed to mine in POS may lose value over time, but you can always sell the coins after you have generated profits, where as with any POW you are stuck with an over-priced miner that will most likely be useless in 6 months to a year. Check the wallet make sure there are no viruses, that si the most important. if there is more than the one false negative that wo0uld be cloned form the Peercoin code base do not use it. anything else was added after the clone. My personal opinion about POS coins is wait till the launch hype has died down and see about getting in. I do not do ICOs ever, but I am very interested in good POS coins. As a matter of fact the service I run is solely based on POS coins. We are not accepting new members at the present moment tho so there is no need to try. We are reworking the pool for better returns for the members and do not want to get new members until we have finished that. My POS Pool was the first of its kind and with it came obstacles and situations we did not expect including the implosion of Cryptsy. We have had to make a lot of changes that even i did not want to make. But the pool is still there, members continue to get paid and we are reworking it for the best of the members we have now. Sadly, my cred is ruined by crypto's number one serial liar, Leroy Fodor, the fuckin asshole who doesn't have a motherfuckin clue. Yep, I was kicked outta Bitcoin100, the first successful charity in the crypto space founded by me which closed its door last fall with all the money in its coffer returned to virtually all those who contributed including Roger Ver and Charlie Lee, with everybody earning an unexpected profit, all the financials handle by the very dude who was supposedly kicked outta of the org - ME. Now that's fuckin amazin'! The ONLY fuckin thing that Leroy got right in the above is that I don't know how to code. NO FUCKIN SHIT! I've declared such over six years ago, the same time I lied about having the ability to switch hands during jacking off and gaining a stroke. Bruno
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Koloulinger
Sr. Member
Offline
Activity: 443
Merit: 250
Blockchain Just Entered The Real World
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July 14, 2017, 06:19:35 AM |
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iam receive inbox from qtum project iam not understand is send inbox me dev team or not
but i want to ask project still run or die
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spaceinvader10
Newbie
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Activity: 48
Merit: 0
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July 14, 2017, 07:36:10 PM |
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Qtum Tokens Announcement July 10, 2017
At the request of many Qtum community members, a Qtum ERC-20 token will be released today, Monday, July 10th, and given to the partners that participated in the crowdsale.
This will enable users to withdraw their tokens off the exchange they used into ETH wallets that support ERC-20 tokens, like imToken and MyEtherWallet. Please test with small amounts first.
The Qtum mainnet is still on schedule to be released in September, which is when these tokens will be allowed to be swapped with Qtum.
Thank you for your understanding and support of Qtum project!
Qtum Foundation
Do these qtum erc20 tokens have value or just act as an intermediate between qtum and like the ethereum chain? I'm a bit confused, or does it mean that qtum has erc20 token compatibility now?
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earlz
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July 14, 2017, 08:25:01 PM |
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Anyone interested in a binary OSX wallet can download it on our Release Page. Please report any problems found with either the Windows or the OSX wallet
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earlz
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July 14, 2017, 08:28:01 PM |
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Qtum Tokens Announcement July 10, 2017
At the request of many Qtum community members, a Qtum ERC-20 token will be released today, Monday, July 10th, and given to the partners that participated in the crowdsale.
This will enable users to withdraw their tokens off the exchange they used into ETH wallets that support ERC-20 tokens, like imToken and MyEtherWallet. Please test with small amounts first.
The Qtum mainnet is still on schedule to be released in September, which is when these tokens will be allowed to be swapped with Qtum.
Thank you for your understanding and support of Qtum project!
Qtum Foundation
Do these qtum erc20 tokens have value or just act as an intermediate between qtum and like the ethereum chain? I'm a bit confused, or does it mean that qtum has erc20 token compatibility now? Qtum actually is compatible with ERC20 already (I deployed an ERC20 token to the testnet chain 2 days ago in fact). However, this ERC20 token on the Ethereum blockchain is only so that people can freely withdraw and exchange their Qtum without being stuck to the exchange that they participated in the crowdsale with. This is also the only way that we can enable people to trade Qtum on exchanges outside of the ones who hosted the crowdsale. So, we expect to be adding more exchanges very soon including some western ones. In September when the mainnet is released we will swap all of the ERC20 tokens over to be actual mainnet Qtum tokens
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Gleb Gamow
In memoriam
VIP
Legendary
Offline
Activity: 1428
Merit: 1145
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July 14, 2017, 10:01:52 PM |
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I would site a few hundred more examples, but doing such would severely cut into my porn time. That said, the next time I talk to Jehovah, I'll suggest he add more hours to the day.
You have to understand the nature of Bruno (Gleb Gamow). An authentic scam accusation is one thing, but what gleb is doing here and a handful of other threads is not a scam accusation. Its a strategic tactic from 2012, the year he is stuck in. As the grassroots of crypto really got rooted, competitors thought of this tactic to combat competition. See to really understand Bruno and his stronghold on Bruno you must first understand he was and still is one of the paid trolls from 2010 till now. He made most of his money around 2011 and 2012 where he subsequently had his small fortune stolen from him, most likely by a disgruntled victim of his. The bottom line about Gleb Gamopw is this, he has a criminal record, he has stolen from people in the past, and then had a chance to even give the man his money back but opted to use someone elses money he stole to go to a bitcoin conference and make himself look good in front of others. HE is also quoted in my thread https://bitcointalk.org/index.php?topic=1012713.0 that he will lie to get any advantage over his competition. IS this really a man you want to listen to? or entrust funds to? He can say all he wants about me, but I started a service a few years ago, it is still in existance, we naturally had the same risk any crypto venture does. No matter what it is in crypto, there is ALWAYS some kind of risk of loss. However, we still make weekly payouts to the members, we have never been late on one payment, EVER, we are still here, and still doing our best we can for our members. I have not stolen anything from anyone still to this day, and no matter how he feels about any advertising techniques used, its advertisement. Pure and simple, but rest assured everything he gripes or has griped about me he has utilized in his own venture. He still refuses to answer the simple question, why didnt you just give the guy his money back instead of using it for your own personal benefit. The real funny thing about Bruno, he has no programming experience so he has no control over his own coin, he has no coding experience so he uses a cheap 1990 blog template for hsi website, he is known to break the law, and steal money from unsuspecting new people. But has the odacity to not only try and create an ICO which is primarily based on truth, but to attack anyone else he deems may be a competitor of his. As far as QTUM is concerned anything we do in crypto is a risk. I personally like POS coins, becasue they are more efficient, they less costly to mine, and the equipment needed to mine in POS may lose value over time, but you can always sell the coins after you have generated profits, where as with any POW you are stuck with an over-priced miner that will most likely be useless in 6 months to a year. Check the wallet make sure there are no viruses, that si the most important. if there is more than the one false negative that wo0uld be cloned form the Peercoin code base do not use it. anything else was added after the clone. My personal opinion about POS coins is wait till the launch hype has died down and see about getting in. I do not do ICOs ever, but I am very interested in good POS coins. As a matter of fact the service I run is solely based on POS coins. We are not accepting new members at the present moment tho so there is no need to try. We are reworking the pool for better returns for the members and do not want to get new members until we have finished that. My POS Pool was the first of its kind and with it came obstacles and situations we did not expect including the implosion of Cryptsy. We have had to make a lot of changes that even i did not want to make. But the pool is still there, members continue to get paid and we are reworking it for the best of the members we have now. Sadly, my cred is ruined by crypto's number one serial liar, Leroy Fodor, the fuckin asshole who doesn't have a motherfuckin clue. Yep, I was kicked outta Bitcoin100, the first successful charity in the crypto space founded by me which closed its door last fall with all the money in its coffer returned to virtually all those who contributed including Roger Ver and Charlie Lee, with everybody earning an unexpected profit, all the financials handle by the very dude who was supposedly kicked outta of the org - ME. Now that's fuckin amazin'! The ONLY fuckin thing that Leroy got right in the above is that I don't know how to code. NO FUCKIN SHIT! I've declared such over six years ago, the same time I lied about having the ability to switch hands during jacking off and gaining a stroke. Bruno OK we get it.. your sour towards the whole cryptocommunity. This thread is about QTUM, not how you hate everybody and everything to do with the currency. Do you think anybody cares what you think. When people read your posts all they think is what an asshole this guy is. I mean I went back a couple pages and every post that you wrote, that's all I thought. Didn't your mother ever teach you if you have nothing nice to say don't say it at all? Try being supportive, QTUM is a really good blockchain. They went all out and created from scratch a whole new type of blockchain that has never been done before. They didn't just fork someone else's platform like many others have. If there is one blockchain you should be supportive of, it's QTUM. Guys from the QTUM team are working extremely hard to deliver the promised product while traveling the globe promoting it. What more can someone ask for. Seriously stop being so negative, let go whatever is making you so upset inside and start fresh, you will feel a lot better about yourself if you do Name: Frankrbruno Posts: 4 Activity: 4 Position: Newbie Date Registered: June 25, 2017, 06:54:33 PM Last Active: Today at 10:09:44 AM Blow it out your ass, Leroy Fodor, creating yet another account so to diss me, this time using my namesake as part of your moniker. Please try harder, you fuckin piece of shit! Bruno
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Frankrbruno
Newbie
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Activity: 27
Merit: 0
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July 15, 2017, 01:12:25 AM Last edit: July 15, 2017, 10:38:25 AM by Frankrbruno |
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Anyone interested in a binary OSX wallet can download it on our Release Page. Please report any problems found with either the Windows or the OSX wallet Thank you for all your hard work Mr. Earlz and team. Can you, by chance, let us know which exchanges will be adding QTUM? Will the mobile wallet be released in September with the mainnet? Will there be a mobile wallet for Andriod as well as Iphone? If not, i'll just have to buy my first Iphone, but I really love my Note... How exactly does one stake their tokens? Is there still no minimum required to be able to stake tokens? Are there computer requirements to be able to stake tokens? I finish this semester on Monday, so I will have time to try to get the testnet running on windows ...QT5 right?...kind of excited
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Gleb Gamow
In memoriam
VIP
Legendary
Offline
Activity: 1428
Merit: 1145
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July 15, 2017, 02:04:03 AM |
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I would site a few hundred more examples, but doing such would severely cut into my porn time. That said, the next time I talk to Jehovah, I'll suggest he add more hours to the day.
You have to understand the nature of Bruno (Gleb Gamow). An authentic scam accusation is one thing, but what gleb is doing here and a handful of other threads is not a scam accusation. Its a strategic tactic from 2012, the year he is stuck in. As the grassroots of crypto really got rooted, competitors thought of this tactic to combat competition. See to really understand Bruno and his stronghold on Bruno you must first understand he was and still is one of the paid trolls from 2010 till now. He made most of his money around 2011 and 2012 where he subsequently had his small fortune stolen from him, most likely by a disgruntled victim of his. The bottom line about Gleb Gamopw is this, he has a criminal record, he has stolen from people in the past, and then had a chance to even give the man his money back but opted to use someone elses money he stole to go to a bitcoin conference and make himself look good in front of others. HE is also quoted in my thread https://bitcointalk.org/index.php?topic=1012713.0 that he will lie to get any advantage over his competition. IS this really a man you want to listen to? or entrust funds to? He can say all he wants about me, but I started a service a few years ago, it is still in existance, we naturally had the same risk any crypto venture does. No matter what it is in crypto, there is ALWAYS some kind of risk of loss. However, we still make weekly payouts to the members, we have never been late on one payment, EVER, we are still here, and still doing our best we can for our members. I have not stolen anything from anyone still to this day, and no matter how he feels about any advertising techniques used, its advertisement. Pure and simple, but rest assured everything he gripes or has griped about me he has utilized in his own venture. He still refuses to answer the simple question, why didnt you just give the guy his money back instead of using it for your own personal benefit. The real funny thing about Bruno, he has no programming experience so he has no control over his own coin, he has no coding experience so he uses a cheap 1990 blog template for hsi website, he is known to break the law, and steal money from unsuspecting new people. But has the odacity to not only try and create an ICO which is primarily based on truth, but to attack anyone else he deems may be a competitor of his. As far as QTUM is concerned anything we do in crypto is a risk. I personally like POS coins, becasue they are more efficient, they less costly to mine, and the equipment needed to mine in POS may lose value over time, but you can always sell the coins after you have generated profits, where as with any POW you are stuck with an over-priced miner that will most likely be useless in 6 months to a year. Check the wallet make sure there are no viruses, that si the most important. if there is more than the one false negative that wo0uld be cloned form the Peercoin code base do not use it. anything else was added after the clone. My personal opinion about POS coins is wait till the launch hype has died down and see about getting in. I do not do ICOs ever, but I am very interested in good POS coins. As a matter of fact the service I run is solely based on POS coins. We are not accepting new members at the present moment tho so there is no need to try. We are reworking the pool for better returns for the members and do not want to get new members until we have finished that. My POS Pool was the first of its kind and with it came obstacles and situations we did not expect including the implosion of Cryptsy. We have had to make a lot of changes that even i did not want to make. But the pool is still there, members continue to get paid and we are reworking it for the best of the members we have now. Sadly, my cred is ruined by crypto's number one serial liar, Leroy Fodor, the fuckin asshole who doesn't have a motherfuckin clue. Yep, I was kicked outta Bitcoin100, the first successful charity in the crypto space founded by me which closed its door last fall with all the money in its coffer returned to virtually all those who contributed including Roger Ver and Charlie Lee, with everybody earning an unexpected profit, all the financials handle by the very dude who was supposedly kicked outta of the org - ME. Now that's fuckin amazin'! The ONLY fuckin thing that Leroy got right in the above is that I don't know how to code. NO FUCKIN SHIT! I've declared such over six years ago, the same time I lied about having the ability to switch hands during jacking off and gaining a stroke. Bruno OK we get it.. your sour towards the whole cryptocommunity. This thread is about QTUM, not how you hate everybody and everything to do with the currency. Do you think anybody cares what you think. When people read your posts all they think is what an asshole this guy is. I mean I went back a couple pages and every post that you wrote, that's all I thought. Didn't your mother ever teach you if you have nothing nice to say don't say it at all? Try being supportive, QTUM is a really good blockchain. They went all out and created from scratch a whole new type of blockchain that has never been done before. They didn't just fork someone else's platform like many others have. If there is one blockchain you should be supportive of, it's QTUM. Guys from the QTUM team are working extremely hard to deliver the promised product while traveling the globe promoting it. What more can someone ask for. Seriously stop being so negative, let go whatever is making you so upset inside and start fresh, you will feel a lot better about yourself if you do Name: Frankrbruno Posts: 4 Activity: 4 Position: Newbie Date Registered: June 25, 2017, 06:54:33 PM Last Active: Today at 10:09:44 AM Blow it out your ass, Leroy Fodor, creating yet another account so to diss me, this time using my namesake as part of your moniker. Please try harder, you fuckin piece of shit! Bruno My name is Frank Robert Bruno JR, I live in Florida. I actively support QTUM and everything they stand for. I don't know who you are talking about. All I am saying is you're so negative and should lighten up a little. Pick your head up and try to be a positive influence on the community. Like I said, all I got from reading your posts is a very bad impression of you and I'm new to the forum. Anyways, I will not be replying to your posts anymore. I really hope you can turn around your harsh feelings towards everything. Start over and try to be a positive. What can you do to make the community a better place? Forget and forgive whatever has happened to you in the past. Trust me living with a bunch of hate in your heart will only make you miserable, not others. I'm glad to hear that you'll no longer be replying to my posts. Too bad, for all you would've had to do was provide definitive proof that I have hate - any amount - in my heart, and theymos (he's the admin of this forum since you're new here and probably didn't know that) would've had my permission to delete my 170+ user accounts on this forum. Later, bud. Bruno
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BTCspace
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July 15, 2017, 07:58:03 AM |
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Anyone interested in a binary OSX wallet can download it on our Release Page. Please report any problems found with either the Windows or the OSX wallet thank you for the updates earlz.
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running farm worldwide
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hkhoa0754
Newbie
Offline
Activity: 19
Merit: 0
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July 15, 2017, 08:51:22 AM |
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I think this project needs to be developed in the future !!
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eastwind_ja
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July 15, 2017, 09:10:28 AM |
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hope this project can be more excellent than ETH, be more useful for the real world. and then save it's price from bottom.
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Qtum (OP)
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July 15, 2017, 06:41:24 PM |
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Technical Update #4, Building the First Qtum Testnet:
The title is a bit of a teaser, there may be multiple Qtum test networks. Our developers worked a lot in the past on VM's, and the DGP still has to be implemented in a test environment. The first Testnet is a working proof-of-concept, but all of the functionality has not yet been implemented.We will be updating the development roadmap, adding new features, but with software releases it is very hard to promise release dates. What we have right now is what we know we can deliver with the resources available. As we hire more developers, and make public the new features we can reasonably fit into the codebase, there might be multiple versions of the Testnet.
Let's go over a few points:16, Qtum MiningThe miners are tools for pushing blocks to the network automatically. We need them to avoid using generate to push new blocks and for the network being up.
The PoW mining have a lot of options due to the use of Bitcoin miners. • Internal Miner • CPU miners • Graphic card miners
PoW mining will be used only for the initial blocks for establishing the stake holders. Any miner will be sufficient for PoW. PoS miner is needed after the mining of the initial PoS blocks for staking. The PoS miner is the one used in Blackcoin. Parameters are needed for activating and deactivating the miners when Quantum is started. The parameter "gen" was used to start the "Internal Miner" for PoW, the parameter "staking" to start the staking miner. For Quantum that could be different.17, Update The Maximum Amount of CoinsFile amount.h contain the code for the maximum coins: static const CAmount MAX_MONEY = 21000000 * COIN; PoS doesn't have halving interval, so the sum will diverge (infinity). The MAX_MONEY needs to be updated to the maximum supported number.
18, Add 'Coinbase' and 'Coinstake' checks in TransactionThis check will determine the type of transaction.
Coinbase check if the input coins have no previous output that generate them. Those are the new coins created as reward for mining a PoW block.
Coinstake check if the input coins have previous output that generate them and the first output of the transaction is empty, the second or the third is the reward. The first output is empty to prevent it being mistaken for normal transaction. If the input is small then the output coins are contained in the second output, otherwise they are splitted between the second and the third output.
We can add additional check called IsNormal (or other more suitable name) that will be used to define normal transaction, not a generated one like the PoW and PoS transactions.
Also insure that no OP_CREATE nor OP_CALL transactions can be used for staking 19 , Add Timestamps for Stake TransactionsThe time-stamp is the time that the transaction has been created. It is used for PoS to avoid including transactions in the block that have time bigger then the block time. Transaction with bigger time will eventually be include in the chain when the value for the time become less then the one from the block time.
The other uses for the parameter is to determine the staking time for the block (the time of the PoS transaction).20 , Signing Staked BlocksThe creator of new PoS block need to sign the block so the other miners can verify that the block is created from the miner and check its validity. According to PoS 3, the first transaction is empty in case of PoS. The second transaction is the PoS transaction in the block.
The block signature is empty in case of PoW - the first transaction in the block is not empty for PoW. The block version should be bumped to 2 for all PoS blocks
Please see the Roadmap below for more information: The Qtum Mac QT Testnet Wallet is available for download from Github:
https://github.com/qtumproject/qtum/releases/tag/testnet-sparknet
Never download anything is not available from Github or our official website. Even if a virus scanner shows a wallet is clean, there is no way that it can detect bundled software (like a common FTP client), set up with default passwords that may act as a backdoor. Always use the checksums provided by the developers.
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xxxgoodgirls
Legendary
Offline
Activity: 1092
Merit: 1001
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July 16, 2017, 03:34:23 PM |
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Hello there, do you know if qtum is going to hit any exchange like bitfinex - kraken - poloniex - bittrex, ecc?
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Qtum (OP)
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July 16, 2017, 04:20:01 PM |
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Hello there, do you know if qtum is going to hit any exchange like bitfinex - kraken - poloniex - bittrex, ecc?
Our Main Network hasn't been released yet, and exchanges rely mostly on community requests to list a project. Poloniex told us earlier this year that they simply do not host crowdsales anymore, but they will keep an eye on our project. With the release of our ERC20 token, participants can now take possession of their Qtum. If they would like to leave them on the exchange, in September, their IOU's will be converted to Main Network tokens. This ERC20 token gives our participants the ability to withdraw their Qtum from existing exchanges. We realized that people wanted control of their tokens, so this was addressed. The ability for other exchanges to list the project is an added bonus, but we are not actively pursuing any. Two exchanges have shown interest, but there's guarantee this may happen.
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game_changer
Newbie
Offline
Activity: 56
Merit: 0
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July 16, 2017, 04:36:11 PM |
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I have read that your founder patrick/steven bought the ICO tokens using the ICO funds he stole from Bitbay.
Im staying well clear of this
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Frankrbruno
Newbie
Offline
Activity: 27
Merit: 0
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July 16, 2017, 04:44:29 PM |
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I have read that your founder patrick/steven bought the ICO tokens using the ICO funds he stole from Bitbay.
Im staying well clear of this
That's all hear say... Your loss buddy QTUM is going to be the next big thing.. end of this year you're going to be sorry...
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