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

[iandoZ]

Congratulations to the whole team

[1713295544]

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[cybterpunk]

Has anyone had any luck moving tokens to the qt wallet?

i think you can not do this now.

[Royruan]

I am so interest about this crypto, have u guys help me support some infor of QTUM.
 1/ QTUM have a Multisig or not?
 2/ Have supernode/ masternode or not ?
 3/ How much fees transaction ? Blocksize?
 4/ QTUM have a Fund development or not?

ths u guys

[Qtum]

I am so interest about this crypto, have u guys help me support some infor of QTUM.
 1/ QTUM have a Multisig or not?
 2/ Have supernode/ masternode or not ?
 3/ How much fees transaction ? Blocksize?
 4/ QTUM have a Fund development or not?

ths u guys

These are great questions, thank you.

1) For multisignature wallets, this is something that we can draw from Bitcoin Core, as we're a UTXO Blockchain. Those Bitcoin addresses that start with 3 instead of 1, we will have something similar.  If you look here:

https://bitcoin.org/en/developer-guide#escrow-and-arbitration

You'll see that we can implement the exact same thing into Qtum, and not have to use a Smart Contract for multisig. This feature has been around for some time now, and we believe it to be secure.


2) For masternodes, I don't believe this will be a Qtum feature. We don't have an opinion on this topic yet.

3) The block size is limited to 2 megabytes, with Segregated Witness ready to go on Main Network launch in September. This should scale well, but if there are problems moving forward with slow transactions, we have a Decentralized Governance Protocol which will allow Qtum Blockchain users to change certain parameters within the network upon reaching a consensus. Basically, people will vote with their tokens, if they would like to raise the size from 2mb to 3mb, it would require a large proportion of the network to 'signal' this. We hope that this will create an environment where the project gets more and more decentralized as time goes on. What we are trying to avoid is a surprise hard fork. For transaction fees and gas costs, we will publish this shortly.

4) Qtum developers will be able to work on the core Blockchain for 4 years or more with the funds we raised in March. We are trying to become more transparent with our finances. Right now we are releasing our expenditures, but we are leading up to audited financials. We kept 12% of the total Qtum tokens for the development team, but we are thinking of maybe only keeping 6% for team members, to be paid monthly over 4 years. The other 6% might go to the Qtum Foundation. We haven't made a decision yet, but those coins are ours to do with as we see fit, so I don't think anyone will mind if we give half of them to our governing entity.

[BlockHedge]

Energolabs is first ICO on Qtum platform currently accepting btc and qtum token.


http://energolabs.com/#/ico/


Appear that in a few months of development, Qtum is ahead of Neo.  Neo will not have ICO on their platform until either end of 2017 or 2018.

This ICO is just about sold out in 4 days.  Exciting to see different projects moving forward with development onto the Qtum network.

[Qtum]

Development Update:

Week of July 24th

Changes made through this week to the core wallet:

Bugs fixed:

* [Consensus/DGP] Various bug fixes to the DGP implementation

Work completed:

* [EVM/RPC] Added `getTransactionReciept` RPC call which is similar to Ethereum's implementation
* [Tests/DGP] Added proposal expiration tests to DGP
* [Tests] Run Qtum QA tests by default when using pull-tester.py
* [Tests] Continuing to fix test bugs that were broken when adding standard transaction rules and version number enforcement

In-progress work and soon to be fixed bugs:

* [MPoS/Consensus] Final testing and bug fixing in MPoS is nearly complete
* [DGP/Consensus] Final testing and bug fixing for DGP is nearly complete


We have a lot of news to post over the next few days, so stay tuned.

[truxton]

Blocknet QTUM for DGB Decentralized Trade Across Blockchains

[cybterpunk]

one of the best project in 2017!

[cybterpunk]

Blocknet QTUM for DGB Decentralized Trade Across Blockchains

so is this on Qtum testnet?

how it work?

thank you !

[Qtum]

Blocknet QTUM for DGB Decentralized Trade Across Blockchains

Would you mind posting some more information about this please? We saw a video on Twitter: https://www.youtube.com/embed/btV4TMFnsCA

These tokens being exchanged (in this video) are Qtum Testnet, right now we have a placeholder ERC20 until our Mainnet goes live in September.

[HatakeKakashi]

one of the best project in 2017!

Qtum is  of my favorite project in 2017 because when I invest to this project when they started and as of now I earned profit if I sell my Qtum coin but I decided to hold my qtum coin for few months or maybe few years . I think qtum coin will reach 50 dollars before end of this year 2017 because many investor will invest to this project so the price will increase again. More investor to come with qtum.

[Qtum]

Qtum's weekly update is available on our Medium blog:



https://medium.com/@Qtum/qtum-weekly-updates-week-of-july-31-8c64b020166d





Community Updates

Forbes 30 Under 30

Patrick, Qtum’s co-founder, was recently selected to be on Forbes China’s selective 30 under 30 list. Patrick received the award for his notable work in consumer technology. The honor was given to those “who are challenging conventions and making an impact on the world.” Patrick is definitely challenging the traditional ways of thinking, and we our proud he is a part of our team.

Houston Bitcoin Meetup


Brett presented Qtum to members of Houston’s Bitcoin Meetup, this past week. Brett highlighted Qtum’s Account Abstraction Layer (AAL), our Decentralized Governance Protocol (DGP), and our EVM integration on the UTXO model. Two people in the audience were interested in starting their own blockchain-based project, and they asked questions about how Qtum got its foundational support.

Inkchain Event in Xi’an

This past week, Xiaolong “Stephen” Xu, Qtum core developer, spoke on a panel discussion at an Inkchain event in Xi’an. The discussion was framed around intellectual property and copyright infringement and how blockchain technology could help revolutionize the industry. Xiaolong noted that with blockchain technology, tracking payments for IP and verifying rights could be significantly improved.

In Other News…

Congrats to our team member and developer, Baiqiang Dong, for becoming a World Record holder in cubing! Baiqiang got the record for 3x3x3 fewest moves this past weekend at the China Championship in Xi’an.

Development Updates


Changes made through this past week to the core wallet:

Bugs fixed:

[Consensus/DGP] Various bug fixes to the DGP implementation

Work completed:
[EVM/RPC] Added getTransactionReciept RPC call which is similar to Ethereum's implementation
[Tests/DGP] Added proposal expiration tests to DGP
[Tests] Run Qtum QA tests by default when using pull-tester.py
[Tests] Continuing to fix test bugs that were broken when adding standard transaction rules and version number enforcement


In-progress work and soon to be fixed bugs:
[MPoS/Consensus] Final testing and bug fixing in MPoS is nearly complete
[DGP/Consensus] Final testing and bug fixing for DGP is nearly complete

[CrytpoGod27]

I just don't see how this coin is valued so high? It seems like another me-to contract based project like the millions of other ones. Very overvalued and overhyped.

[Qtum]

I just don't see how this coin is valued so high? It seems like another me-to contract based project like the millions of other ones. Very overvalued and overhyped.

There are a lot of projects building on this platform, before the Main Network has been released. One of them just completed an ICO. It has a lot to do with the mobile Smart Contract functionality.

It's hard to judge a project based on how much hype they generate, you need to look at the underlying technology.

We haven't promoted the projects building on Qtum, but you will see over the next few months a lot more on the way.

Can you give an example of this project being overhyped?

[Qtum]

Qtum node map if anyone is interested:

https://qtum.org/en/nodemap

[cybterpunk]

Qtum's weekly update is available on our Medium blog:



https://medium.com/@Qtum/qtum-weekly-updates-week-of-july-31-8c64b020166d





Community Updates

Forbes 30 Under 30

Patrick, Qtum’s co-founder, was recently selected to be on Forbes China’s selective 30 under 30 list. Patrick received the award for his notable work in consumer technology. The honor was given to those “who are challenging conventions and making an impact on the world.” Patrick is definitely challenging the traditional ways of thinking, and we our proud he is a part of our team.

Houston Bitcoin Meetup


Brett presented Qtum to members of Houston’s Bitcoin Meetup, this past week. Brett highlighted Qtum’s Account Abstraction Layer (AAL), our Decentralized Governance Protocol (DGP), and our EVM integration on the UTXO model. Two people in the audience were interested in starting their own blockchain-based project, and they asked questions about how Qtum got its foundational support.

Inkchain Event in Xi’an

This past week, Xiaolong “Stephen” Xu, Qtum core developer, spoke on a panel discussion at an Inkchain event in Xi’an. The discussion was framed around intellectual property and copyright infringement and how blockchain technology could help revolutionize the industry. Xiaolong noted that with blockchain technology, tracking payments for IP and verifying rights could be significantly improved.

In Other News…

Congrats to our team member and developer, Baiqiang Dong, for becoming a World Record holder in cubing! Baiqiang got the record for 3x3x3 fewest moves this past weekend at the China Championship in Xi’an.

Development Updates


Changes made through this past week to the core wallet:

Bugs fixed:

[Consensus/DGP] Various bug fixes to the DGP implementation

Work completed:
[EVM/RPC] Added getTransactionReciept RPC call which is similar to Ethereum's implementation
[Tests/DGP] Added proposal expiration tests to DGP
[Tests] Run Qtum QA tests by default when using pull-tester.py
[Tests] Continuing to fix test bugs that were broken when adding standard transaction rules and version number enforcement


In-progress work and soon to be fixed bugs:
[MPoS/Consensus] Final testing and bug fixing in MPoS is nearly complete
[DGP/Consensus] Final testing and bug fixing for DGP is nearly complete

thanks for the great updates!

but where is Gleb?

[crypto research]

Qtum node map if anyone is interested:

https://qtum.org/en/nodemap

Interestig.

[ethlover1234]

Changes made through this past week to the core wallet:

Bugs fixed:

[Consensus/DGP] Various bug fixes to the DGP implementation

Work completed:
[EVM/RPC] Added getTransactionReciept RPC call which is similar to Ethereum's implementation
[Tests/DGP] Added proposal expiration tests to DGP
[Tests] Run Qtum QA tests by default when using pull-tester.py
[Tests] Continuing to fix test bugs that were broken when adding standard transaction rules and version number enforcement


In-progress work and soon to be fixed bugs:
[MPoS/Consensus] Final testing and bug fixing in MPoS is nearly complete
[DGP/Consensus] Final testing and bug fixing for DGP is nearly complete
[/size]

thanks for the great updates!

but where is Gleb?

Gleb is currently on vacation on the other side of the Colorado River. He is role-playing as a dog in a pink tutu, and with a woman (5/10 on the beauty scale) holding him on a leash.

[dzimbeck]

This was addressed in February. Some people (primarily accounts created or which have suddenly become active in the past month or two here and on reddit) continue to bring this issue up. Read the Smith and Crown article if you want a fairly unbiased account of where it stands. Nothing has changed because it's he-said vs he-said. There is no consensus to come to regarding a "solution", or anything to "clear up". We've made our statement and he disagrees with it; there's nothing else to be done. Furthermore, all of the things that Smith and Crown have said would rectify this concern in their eyes have already been accomplished, such as financial transparency and our code being released with all of the things implemented we said we would. Additionally, Qtum has 3 co-founders, it's not just one person running the entire project. We manage ourselves in a way that it's impossible, even if 1 of us became corrupt, to just up and run away with the crowdfunded money. This is common sense in any blockchain project like this. It's not 2014 anymore, where everyone naively shares a single-sig wallet. And finally, that article that "hangs over our head" is alone.. Well, I guess there's also that funny guy on youtube that said all the code me and my team had worked on (and that ~8 teams built hackathon projects on in the past 24 hours) actually doesn't exist. I literally LOL'd when I watched that just at the pure irony and timing of it.

Earlz it's not "he said she said"... Steven faked volume, bought 1/2 of BitBay, got a refund, got 150+ BTC and WALKED AWAY. Then he dumps his BitBay coins, crushing the market while I was coding. This guy has no soul. And the fact that you work for him knowing that is absolutely a joke. Ibai who used to work with Qtum(who was fired because they found out he is a friend of mine) will most likely tell any of you that Qtum did the same volume fakery.

Also no accounts were created to fud you... actually the opposite, you guys had tons of new accounts pop on to defend you. The people who comment, most of them were investors and I can personally verify most of them are valid investors. If you really want, I can ask the entire BitBay community to chime in here and you will see 100s of comments(obviously that's not necessary). Many of them don't want to spend a moment on you.

Case and point, Dai got money he did no work for. Walked away. In my book thats theft. He lied and told me he would support it, he didn't... he just kept investors money.

Here are a few more chats for you guys to look over...


I'll release more and more over the coming days and weeks and I'll save the best for last!!

[2014-11-15 7:38:30 AM] Steven Dai: yes
[2014-11-15 7:39:18 AM] Steven Dai: 20 minutes left
[2014-11-15 7:39:26 AM] Gekko: w00t!
[2014-11-15 7:39:37 AM] Steven Dai: i will buy this out
[2014-11-15 7:48:41 AM] linhan.ee: all done 2765.7221 BTC collected.
[2014-11-15 7:48:56 AM] Steven Dai: i buy this out
[2014-11-15 7:49:12 AM] Steven Dai: let me check how many bitcoins i put into this
[2014-11-15 7:49:19 AM] Gekko: ok
[2014-11-15 7:51:14 AM] Steven Dai: put 1283BTC into this  and hold 0.442 billion Bitbay
[2014-11-15 7:52:38 AM] Steven Dai: so we buy 1283BTC+500BTC=1783BTC Bay..we get about 2765BTC-1783BTC=982BTC.
[2014-11-15 7:53:24 AM] Gekko: (handshake)
[2014-11-15 7:53:47 AM] Steven Dai: me and lin advance 25BTC to David.  so we get 982-25=957BTC for us
[2014-11-15 7:53:55 AM] linhan.ee: well done
[2014-11-15 7:54:04 AM] Gekko: good work guys
[2014-11-15 7:54:30 AM] Gekko: also im aware Bob was forwarded his funds already.
[2014-11-15 7:55:00 AM] Steven Dai: yes
[2014-11-15 7:55:19 AM] Steven Dai: lin send 500BTC to bob after the first ico day
[2014-11-15 7:55:34 AM] linhan.ee: Trading open time has been published?
[2014-11-15 7:55:44 AM] linhan.ee: I will setup a trading time for it
[2014-11-15 7:55:45 AM] Gekko: yes, and you sent him today 170 i beleive.
[2014-11-15 7:56:02 AM] Steven Dai: so everybody get 957/5=191BTC
[2014-11-15 7:56:12 AM] Gekko: beautiful
[2014-11-15 7:56:26 AM] Gekko: and this is only the start
[2014-11-15 7:57:18 AM] Steven Dai: and get 356 BTC values Bitbay.
[2014-11-15 7:57:46 AM] Steven Dai: so everybody will get 191BTC+356 values Bitbay.
[2014-11-15 7:58:22 AM] Steven Dai: Also we should at least Reserve 100BTC+200BTC Bitbay for DEV Funds control by ourselves.
[2014-11-15 7:58:34 AM] Gekko: of course
[2014-11-15 7:59:38 AM] Gekko: now when market opens we will push the price to at least a triple floor.
[2014-11-15 7:59:41 AM] Steven Dai: so finally the number is: 171BTC+316BTC values BitBay  and  100BTC+200BTC values DEV funds control by our five
[2014-11-15 7:59:49 AM] Gekko: and it will never come back down. never.
[2014-11-15 7:59:57 AM] Steven Dai: that's great
[2014-11-15 8:00:18 AM] Steven Dai: bob get 170BTC and 500BTC values BitBay.
[2014-11-15 8:33:03 AM] Steven Dai: when will we release the wallet and coin to bter？
[2014-11-15 8:34:13 AM] Gekko: Lin should already have the wallet installed. Just need David to send him the coins
[2014-11-15 8:34:51 AM] Steven Dai: ok nice
[2014-11-15 8:37:10 AM] Gekko: So when Lin is ready, have him post the address to David.
[2014-11-15 8:37:15 AM] Gekko: Then everything is 100%
[2014-11-15 8:38:32 AM] Steven Dai: you mean the Total Bitcoin address?
[2014-11-15 8:38:48 AM] Gekko: I mean, the exchange bitbay address
[2014-11-15 8:38:51 AM] Steven Dai: all done 2765.7221 BTC collected.?
[2014-11-15 8:38:57 AM] Gekko: no...
[2014-11-15 8:39:01 AM] Steven Dai: oh i se
[2014-11-15 8:39:03 AM] Steven Dai: oh i see
[2014-11-15 8:39:13 AM] Steven Dai: just the BitBay address right?
[2014-11-15 8:39:15 AM] Gekko: David has all the BitBay, Lin has the exchange wallet. We just need the coins in the exchange wallet
[2014-11-15 8:39:18 AM] Gekko: yes
[2014-11-15 8:39:24 AM] Steven Dai: oh i see
[2014-11-15 8:39:29 AM] Gekko: please make sure Lin gets the coins from David ASAP.
[2014-11-15 8:39:40 AM] Steven Dai: lin is offline now
[2014-11-15 8:39:49 AM] Steven Dai: i think he will be back soon
[2014-11-15 8:40:02 AM] Gekko: Can you call him? It's important that the coins are ready before 6am our time
[2014-11-15 8:40:18 AM] Steven Dai: so people can withdrawal coin是？
[2014-11-15 8:40:20 AM] Steven Dai: coins？
[2014-11-15 8:42:18 AM] Gekko: yes indeed
[2014-11-15 8:45:17 AM] Gekko: getting coins out of the exchange helps against dumping and also for POS in peoples wallets
[2014-11-15 8:45:29 AM] Gekko: POS is what maintains the blockchain
[2014-11-15 8:45:54 AM] Steven Dai: ｙｅｓ　
[2014-11-15 8:49:21 AM] David Zimbeck: when lin gives me an address i will send
[2014-11-15 8:49:32 AM] Steven Dai: ok
[2014-11-15 9:05:33 AM] Steven Dai: we need articles on Coindesk.
[2014-11-15 9:05:52 AM] Gekko: yes, i agree will do what we can to make that happen
[2014-11-15 9:07:00 AM] Steven Dai: hi gekko
[2014-11-15 9:07:15 AM] Steven Dai: do you have a plan when market open?
[2014-11-15 9:07:22 AM] Steven Dai: we need to fake the volume on bter
[2014-11-15 9:07:28 AM] Steven Dai: and also later on Bittrex
[2014-11-15 9:07:40 AM] Steven Dai: will we release the source code later?
[2014-11-15 9:07:47 AM] Gekko: I have a good bot for Bittrex, and I can take care of that market
[2014-11-15 9:07:53 AM] Gekko: but I don't have a bot for Bter
[2014-11-15 9:08:14 AM] Gekko: we can release the core wallet source sure. I will check with Flubber when the time for that is right
[2014-11-15 9:08:54 AM] Steven Dai: yes..
[2014-11-15 9:09:10 AM] Steven Dai: do we have a plan when market open GMT 22:00?
[2014-11-15 9:09:36 AM] Gekko: yes, we will build solid support
[2014-11-15 9:09:44 AM] Gekko: we hold a major % in the currency
[2014-11-15 9:09:50 AM] Gekko: we will take steps to push the price up
[2014-11-15 9:10:08 AM] Gekko: We won't "pump" it too crazy high. We just want to put it at a good price that it deserves
[2014-11-15 9:10:10 AM] Steven Dai: how many we control this？
[2014-11-15 9:10:27 AM] Gekko: well im not the market mover, that's bob
[2014-11-15 9:10:35 AM] Steven Dai: yes..if we ever can push this over 400 satoshi..
[2014-11-15 9:10:38 AM] Gekko: but, I know we will work together to push it good
[2014-11-15 9:10:41 AM] Steven Dai: then that will helps
[2014-11-15 9:10:46 AM] Gekko: I was thinking 300 - 400
[2014-11-15 9:10:58 AM] Gekko: then 400 - 500
[2014-11-15 9:11:05 AM] Gekko: and have a good floor at 400 at least
[2014-11-15 9:11:20 AM] Gekko: possibly higher if the market works with us
[2014-11-15 9:11:30 AM] Gekko: we need to release technology to really push it
[2014-11-15 9:11:53 AM] Gekko: but we can do some good price pushing
[2014-11-15 9:12:32 AM] Steven Dai: ｎｉｃｅ
[2014-11-15 9:14:02 AM] Steven Dai: we do not want people complain the price..so better we do not broke ico price
[2014-11-15 9:15:36 AM] David Zimbeck: yeah obviousl
[2014-11-15 9:15:40 AM] David Zimbeck: but Steven
[2014-11-15 9:15:45 AM] David Zimbeck: we can break it too
[2014-11-15 9:15:56 AM] David Zimbeck: because soon we will have the peg and the price will move
[2014-11-15 9:16:07 AM] David Zimbeck: but obviously it is better we never break
[2014-11-15 9:16:19 AM] David Zimbeck: because we dont want to be less popular
[2014-11-15 9:17:46 AM] Gekko: this is a great coin sir, and very cheap
[2014-11-15 9:18:11 AM] Steven Dai: yes just tell people we will rank top 10
[2014-11-15 9:18:12 AM] Steven Dai: lol
[2014-11-15 9:18:15 AM] Gekko: price deserves to rise. but without a cool release soon it may want to slowly move back down
[2014-11-15 9:18:24 AM] Steven Dai: i see
[2014-11-15 9:18:24 AM] Gekko: yes, and we will
[2014-11-15 9:18:46 AM] Steven Dai: will ask coinmarketcap add us when wallet and trading opens
[2014-11-15 9:18:59 AM] Steven Dai: so people will see us rank top 20 first
[2014-11-15 9:19:03 AM] Steven Dai: then top10
[2014-11-15 9:19:10 AM] Gekko: yes yes
[2014-11-15 9:19:16 AM] Steven Dai: then top5//
[2014-11-15 9:19:20 AM] Gekko: w00t!!!!
[2014-11-15 9:19:30 AM] Steven Dai: i hope one day we can in top5
[2014-11-15 9:19:48 AM] Steven Dai: and we control 60% of the Total Bitbay..
[2014-11-15 9:19:52 AM] Steven Dai: that will be huge
[2014-11-15 9:21:18 AM] Gekko: how much total % we have now?
[2014-11-15 9:24:09 AM] Steven Dai: 1283BTC by myself and 500BTC by bob...i hold 0.44billion and i think that group hold about 0.19 billion..so we control about 0.63 billion together

That's Steven faking 1/2 the volume in BitBay. There really is nothing else to say on the matter. Earlz your boss is a theif. You defending him doesn't reflect well on you. Unlike you, I exposed it after only a couple weeks of sleepless nights.

I've had to shed blood sweat and tears to make the project recover, chose not to rebrand to prove the point. That we won't let a bastard like Dai and Surplus stop good software.

[dzimbeck]

The truth will set you guys free. Simply realize he didn't work for that money, maybe he can offer to help support us with much needed PR. If he sees what he did wrong he can repent for it. But denying it means he learned nothing and will repeat those mistakes here. It doesn't matter how high Patrick pumps this, it will eventually get him in serious trouble. Other than the fact that he must face himself in the mirror every day... that must be painful. No amount of money in the world would make me wanna be this guy. It doesn't matter what you code either. The same reason I don't invest in ETH is the same reason I don't invest here. It would betray my belief of not rewarding thieves. Although ETH is much better than this on that front. Earlz by working here you are enriching a thief. Steven at some point you owe me and the investors a pretty big apology. Is this wishful thinking?