Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 118. (Read 525459 times)

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

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?

Another project to be build on top of Qtum block chain, exiting stuff.

https://qtum.org/en/blog/energo-labs-first-meetup

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

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

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://bitcointalksearch.org/topic/gleb-gamow-bruno-kucinskas-is-a-scammer-a-thief-a-liar-and-an-extortionist-1012713 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.

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.

Have a look at our newest Medium post:



https://medium.com/@Qtum/what-is-a-blockchain-fork-16cef86c0ad8


What 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 Forks


A 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.













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 Agreement



The 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.”






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.









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 Solution




The 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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If you don't mind could you post the link in this forum as well as the Official QTUM Forum please.

Lets Go QTUM! Can't wait until Sept.

Guys I just received another email from Bizhongchou stating that the tokens will be available to withdraw in the next few days. You can also leave them in the exchange if you want. I replied and asked them how long until the English version of the website will be available, and they replied in about a week. They said they have everything translated and are testing it now.

Price is down 65% from the high. I think they've built a legit following based on what they have put together.

1) Have actually released things when they said they were going to. Go out there and look for how many companies have actually done that besides releasing their ICO on time...
2) Incredible transparency.. Published their expenditures for the past several months. Completely unprecedented and something all companies should adopt
3) Continuing to engage in the community and putting their name out three and getting people to consider building on their platform by talking to people on forums, hosting hack-a-thons, attending conferences, etc.

I think they're doing all the right things and I am excited for mainnet launch. Branding / marketing is an important part of every business so the fact that they're doing this as well is just more reason for us to give them credit for continuing to do great things.

The hype on QTUM certainly has benefitted the price immensely, regardless of scam accusations.

September as always

any estimate on mainnet ?

Hi all, I have my QTUM on https://bizhongchou.com/ . But i don't know like sell in ETH in that website because it is in chinese language. Do you tell me how can i sell and withdraw ETH balance?

On coinmarketcap.com, the total token in circulation is 51 million, I don't know the inflation but will be interesting how they will attract developers to use their plan because there are so many competing project in the space now, Tezo, RSK, Boscoin, and Aether

Nothing like cryptocurrency's number one serial liar coming to the rescue of Qtum, eh? Read over a hundred documented lies penned by Leroy Fodor here: https://bitcointalksearch.org/topic/leroy-fodor-has-gone-full-delusional-stakeminers-confirmed-100sic-insolvent-990219. Enjoy the longggggggggg read, for it has everything including aliens.

Pretty sure that he made that as satire.  Regardless Gleb's shtick is starting to wear thin here, as the chance of Qtum being a scam at this point is highly unlikely.

yo0u guys do know this Gleb Gamow is just trolling you righjt, he is trying to start his own ICO which his history will prove to show how many times he has attacked ICOs in the past.

But onto the goodies, speaking of beating a dead horse... https://bitcointalksearch.org/topic/gleb-gamow-bruno-kucinskas-is-a-scammer-a-thief-a-liar-and-an-extortionist-1012713 theres some info on Gleb himself, a scammer who is now trying to start his own ICO himself https://bitcointalksearch.org/topic/nn-yutubopolis-u10m-proof-of-burn-largest-pb-in-crypto-history-1900371. now be careful his SELF MODERATED THREAD is one that he has repeatedly attacked other members of having, he surely wo9uld not want anyone like say ME putting this info in his thread for others to see.

Keep in mind there is proof in my thread that This guy stole money from a user here and is now trying to garner the trust and funds from people in an ICO of his own. Nothing screams scammer like a scammer and Gleb is in a scamming class all of his own.

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You guys do know this Gleb Gamow is just trolling you right, he is trying to start his own ICO which his history will prove to show how many times he has attacked ICOs in the past.

But onto the goodies... https://bitcointalksearch.org/topic/gleb-gamow-bruno-kucinskas-is-a-scammer-a-thief-a-liar-and-an-extortionist-1012713 theres some info on Gleb himself,

a scammer who is now trying to start his own ICO himself https://bitcointalksearch.org/topic/nn-yutubopolis-u10m-proof-of-burn-largest-pb-in-crypto-history-1900371. now be careful his SELF MODERATED THREAD is one that he has repeatedly attacked other members of having, he surely wo9uld not want anyone like say ME putting this info in his thread for others to see.

Keep in mind there is proof in my thread that This guy (Gleb Gamow) stole money from a user here and is now trying to garner the trust and funds from people in an ICO of his own. Nothing screams scammer like a scammer and Gleb is in a scamming class all of his own. I mean if he was wiling to literally steal money from a new user here, to go on... GET THIS..;. a Bitcoin conference, and had to be bailed out when the user threatened to go to Glebs hometown police and report him. And the man who put up the funds and is friends with Gleb was a man who was arrested and charged in a federal case whose wife that was an attorney could not get him out of without help, and took Gleb over 2 years to even pay that guy back. what will Gleb do to all these NEW USERS funds in reality, just hope when the funds start rolling in theres no Bitcoin conference he wants to attend.

The ERC20 contract has 100 million tokens available, but there were 51 million sold during the Crowdsale. 20% is reserved for the development team and Angel Backers. The other 29% is reserved for industry development. One example of what we'll use the 29% for is the Hackathon we co-sponsored in Russia.

See our Economy Whitepaper for more details, this section starts on page 22

https://qtum.org/uploads/files/05f16d4cabc8ff89862eb6658d97d139.pdf