Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 282. (Read 525385 times)

Iconomi funded 6900 BTC + eth, dollar, eur. Qtum acting as seriously and I see no reason not to exceed 5000 btc. 6th feb. is here, we will see

---

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

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






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

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

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

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

https://qtumslack.herokuapp.com/

earlier the articles on coindesk mentioned the cap is about 10M dollars, (that's less than 10000BTC now)


my worry is Qtum team said they have a big community in china, about 3000 people in wechat and QQ group and cooperate with 4 exchanges..

that's means if ico amount is less than 10000BTC, all coins may been sold out in 24 hours. should have an eye on this.


we may miss the ico if all Chinese people buy out all coin in few hours.

I hope that they can obtain that amount. As you can see, Chronobank is also very good but up to now, they can only collect 4000 Bitcoin. Therefore, I will be extremely hard for them to collect 5000 Bitcoin. But after the ICO, I believe that the coin price will be very high because they have the advance knowledge and technology

I do not understand what is the interest in this project ??
1) protocol - Bitcoin
2) EVM - Ethereum
3) gas model - Ethereum
4) smart contract - Ethereum

what's new project brings this ? it looks like a bad hybrid

that's means if ico amount is less than 10000BTC, all coins may been sold out in 24 hours. should have an eye on this.


we may miss the ico if all Chinese people buy out all coin in few hours.

Yes it will reach 100,000bitcoin, no doubt for that. I think they would have a good start, since Qtum name is now known by almost all bitcoin users, and they were excited about it.

I think Qtum on its ICO will be able to collect more than 5,000 of BTC, now on the market only a single valuable project that has a future, and the possibility of rapid integration in the real sector is almost what ever, so that I believe will be successful in Qtum ICO

I do not think you can get more profit in other projects. Most easier to find some kind of scam.

don't worry, there are too many projects for investors to choose, you think qtum is better, it  don't present others have same thought as you.

earlier the articles on coindesk mentioned the cap is about 10M dollars, (that's less than 10000BTC now)


my worry is Qtum team said they have a big community in china, about 3000 people in wechat and QQ group and cooperate with 4 exchanges..

that's means if ico amount is less than 10000BTC, all coins may been sold out in 24 hours. should have an eye on this.


we may miss the ico if all Chinese people buy out all coin in few hours.

While Qtum can be used just like Bitcoin (except for the Proof-of-Stake modifications) to send and receive digital currency, the real power of Qtum is the Smart Contract system. The Ethereum Virtual Machine (EVM) has been integrated into Qtum and a blockchain abstraction layer has been placed between the EVM and the UTXO based blockchain. This way existing Ethereum smart contracts run with little or no modifications to the contract source code.

Yes it will reach 100,000bitcoin, no doubt for that. I think they would have a good start, since Qtum name is now known by almost all bitcoin users, and they were excited about it.

DISCLAIMER
This draft whitepaper is a translation of multiple Chinese technical documents. This whitepaper is intended for release amongst a small audience, and due to the nature of the internet, we expect this to surface on forums and news sites, etc. Please keep in mind that this document isnot the official Qtum white paper, but a pre-release intended to update individuals of what to expect. Some of the writing may be abstract or lack substance. This is not in any way a controlled document, designed to give interested parties an advantage. The official whitepaper will be released weeks before the Qtum Token Sale, and this version will be released upon request by any individual or organization.

earlier the dev said there is a cap for the ico

hopefully you can make 20 times profit from the ico..

I saw the testnet update was released yesterday, I visited the link but I don't understand the codes because I'm not a technical person, can someone just summarised the progress achieved on the testnet for me

it seem a great project, but it will maybe a worse reward project due to too many broadcast ,and i think Qtum may be reach 100,000BTC invest level.It is difficult to realize 10times reward as ethereum.