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Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake - page 58. (Read 525459 times)

full member
Activity: 414
Merit: 101
Hi community
Tell me what is the interest rate of this coin?
What is the minimum balance for starting a POS?

no minimum balance

right now i think it's 7% per year
hero member
Activity: 952
Merit: 504
Hi community
Tell me what is the interest rate of this coin?
What is the minimum balance for starting a POS?
full member
Activity: 280
Merit: 128
Hello, dev I recommend you to change Japanese moderator of Japanese ANN.
He is using google translation, I will show you by some pictures.

I think ur Japanese ANN is the one below.
https://bitcoingarden.org/forum/index.php?topic=12089.0

Very easy way to find out is that how that person translate the word "Smart Contract"

Below is a screenshot of an article of Japanese media.
It translate "Smart Contract" into "スマートコントラクト".

http://www.itmedia.co.jp/business/articles/1802/19/news094.html


Since the word is new and google translation is not smart, it translates into "スマート契約"


And in Qtum's ann thread, every "Smart Contract" is not translated into "スマートコントラクト" but into "スマート契約" or "スマートな契約".
This way of translation is typical machine translation, I strongly recommend you to change the moderator of Japanese thread.
full member
Activity: 224
Merit: 100
Hey guys, I just got a new ledger nano s
Is it a good idea to store the qtum coins on a ledger?

Will smart contract function be usable through a ledger device?
If there is any existing app has it been tried out before?
hero member
Activity: 1092
Merit: 511
legendary
Activity: 1316
Merit: 1021
2009 Alea iacta est
worth read...and be careful with cell wallets

Security Issue for Android Wallets
by karlcoin

https://www.reddit.com/r/Qtum/comments/7yk8nq/security_issue_for_android_wallets/

This security issue could be applied to any wallet on a phone with a mnemonic passphrase - but I found it when restoring my QTUM wallet on my Samsung J1-mini.
Rather than type it all out again, here is the information that I pm'd to @earlz on the QTUM discord:
Hey, I got your invite - but I don't think I'm ever going to get around to submitting this security issue and I'm not after any reward.
Basically what I found was this. When I installed the QTUM wallet app on my samsung SM-J105Y I was given a lengthy pass phrase (many words, I'm sure you know what I mean). This pass phrase can be used to recreate the wallet if, say, my phone is destroyed. That's all good. So, before putting any money into the wallet I wanted to see if the pass phrase worked. So, I uninstalled the app and then reinstalled it again. Instead of creating a new wallet address, I elected to recreate my old one with the pass phrase. This worked fine.
The alarming thing, though, was that. After entering the first word of my pass phrase, my phone auto suggested every other word in the exact same order!! To me, this means that the intelligent predictive text feature of the keypad has, inadvertently, stored my wallet pass phrase. How did it get into the keypad log?? I think it must have been when I copied the originally produced version and then pasted it into my note pad.
Of course, I have no idea how long it stays in the keypad log - obviously not for ever as I have restored the wallet a couple of times since and not had the auto suggest predict my pass phrase since. So, it must get overwritten in time. Still, I think this needs to be looked into. If someone else discovered this, it could be bad news for a few people out there.
I will also post this in reddit, just to let the general public know.
sr. member
Activity: 588
Merit: 250
https://www.projecton.pro/
Qtum to Launch CubeSat for Cryptocurrency Blockchain Platform


"Qtum Foundation announced a collaboration with the SpaceChain Foundation to launch a standardized CubeSat, which will carry Qtum‘s blockchain software technology on a Raspberry Pi device."









Qtum Foundation announced a collaboration with the SpaceChain Foundation to launch a standardized CubeSat, which will carry Qtum‘s blockchain software technology on a Raspberry Pi device.

The electricity required for cryptocurrency mining — or tallying cryptocurrency transactions in exchange for a small fee — has increased exponentially over the years. According to Digiconomist, Bitcoin mining power consumption had increased 56.2 percent over four months to hit 47.07 TWh, costing $2.3 billion per year and consuming 0.21 percent of the world’s electricity.


In Proof-of-Work (PoW) consensus algorithms, power consumption is necessary for transaction verification, which is done through PoW mining. By launching a satellite into space with a comparatively lighter proof-of-stake algorithm, Qtum intends to increase its reliability with a future satellite network expansion.

While most blockchain technologies use PoW for their mining operations, Qtum uses a form of Point of Sale (PoS) for its transaction verifications in the network. The satellite launch provides energy savings and a cheap hardware platform. Instead of buying expensive specialized mining equipment that cost thousands of dollars to purchase, setup, and maintain, Qtum wallet holders can mine for Qtum tokens on light devices, according to the foundation.

There are now more than 14,000 cryptocurrencies in the world aside from the major cryptocurrencies such as Bitcoin, Ethereum, and Ripple. However, these cryptocurrencies are costly to maintain which increases the barrier for widespread industrial adaption, Qtum stated. With the satellite launch, Qtum hopes to lower the cost of industrial usage, which would set the stage for mass adaption of its blockchain and also future application advantages.






Kind of off topic but still interesting to look at. Will be very amazing to see Qtum‘s blockchain software running at almost zero power consumption.
this is, of course, a milestone in the history, now there is no country in which Noda lives, there is only Noda and blockchain, which can work and created in Qtum
member
Activity: 224
Merit: 11
Upcoming news

- Qtum (QTUM) - Satellite Node Launch making them the first blockchain network with a full node in space
- Qtum (QTUM) - Airdrop for QTUM holders
- Sora Foundation with the help of QTUM aims to build a Better Blockchain Community in Asia! Also more future partnership announcements to come!


Important partnerships

- Blockchain Research Center, BTN Foundation teamed up with QTUM to oversee the development of "next-generation smart-contract virtual machines, smart contracts security and formal verification
- Partnership with Agrello's AI to support smart contacts on QTUM’s blockchain
- Strategic collaboration with Baofeng Bokocloud to achieve the world's first blockchain consensus network service
- Partnership with 360 Finance, a subsidiary of Qihoo 360; a leading Chinese cyber security company
- Partnership with Vanywhere
- Expected to announce five other major partnerships this year
member
Activity: 219
Merit: 15
Qtum to Launch CubeSat for Cryptocurrency Blockchain Platform


"Qtum Foundation announced a collaboration with the SpaceChain Foundation to launch a standardized CubeSat, which will carry Qtum‘s blockchain software technology on a Raspberry Pi device."









Qtum Foundation announced a collaboration with the SpaceChain Foundation to launch a standardized CubeSat, which will carry Qtum‘s blockchain software technology on a Raspberry Pi device.

The electricity required for cryptocurrency mining — or tallying cryptocurrency transactions in exchange for a small fee — has increased exponentially over the years. According to Digiconomist, Bitcoin mining power consumption had increased 56.2 percent over four months to hit 47.07 TWh, costing $2.3 billion per year and consuming 0.21 percent of the world’s electricity.


In Proof-of-Work (PoW) consensus algorithms, power consumption is necessary for transaction verification, which is done through PoW mining. By launching a satellite into space with a comparatively lighter proof-of-stake algorithm, Qtum intends to increase its reliability with a future satellite network expansion.

While most blockchain technologies use PoW for their mining operations, Qtum uses a form of Point of Sale (PoS) for its transaction verifications in the network. The satellite launch provides energy savings and a cheap hardware platform. Instead of buying expensive specialized mining equipment that cost thousands of dollars to purchase, setup, and maintain, Qtum wallet holders can mine for Qtum tokens on light devices, according to the foundation.

There are now more than 14,000 cryptocurrencies in the world aside from the major cryptocurrencies such as Bitcoin, Ethereum, and Ripple. However, these cryptocurrencies are costly to maintain which increases the barrier for widespread industrial adaption, Qtum stated. With the satellite launch, Qtum hopes to lower the cost of industrial usage, which would set the stage for mass adaption of its blockchain and also future application advantages.






Kind of off topic but still interesting to look at. Will be very amazing to see Qtum‘s blockchain software running at almost zero power consumption.
newbie
Activity: 22
Merit: 0
I did my research about Qtum and took notes in the way. Based on my notes, I wrote a short (3-5 min) review. Might be helpful for newcomers who want to understand the Qtum a bit more.
https://longcaller.com/coin/qtum.html
member
Activity: 349
Merit: 10
newbie
Activity: 84
Merit: 0

I want to understand how I can earn income from qtum coins, except from the growth of their value, whether there are other ways to profit with the use of qtum coins. (minig, masternode, etc.)


There's no Proof-of-Work mining, only staking. This means if you own Qtum tokens, you're able to gain rewards for your computational resources. If you stake a block, you are helping the network process transactions, and you will receive a 4 Qtum reward for your efforts.

We don't allow masternodes, this functionality centralizes a network, and isn't available to everyone. Anyone can run a full node for our network, you only require an internet connection and a device. There are no rewards for doing this, but people do it anyway, like the Bitcoin network for example.

is there documentation reading which I could create and configure the wallet and debug ability to generate income by purchasing a large number of coins. how many coins have in your wallet to get the passive income on the POS.
member
Activity: 293
Merit: 19
Hello alltogether,

somebody of you guys know since when Qtum @ Bit-Z is suspended? I bought some coins there, but cant withdraw them.?
I wrote a ticket when it will be reenabled but only got the anserwer qtum is syspended.

Is this maybe because of a wallet update?
member
Activity: 94
Merit: 10

I want to understand how I can earn income from qtum coins, except from the growth of their value, whether there are other ways to profit with the use of qtum coins. (minig, masternode, etc.)


There's no Proof-of-Work mining, only staking. This means if you own Qtum tokens, you're able to gain rewards for your computational resources. If you stake a block, you are helping the network process transactions, and you will receive a 4 Qtum reward for your efforts.

We don't allow masternodes, this functionality centralizes a network, and isn't available to everyone. Anyone can run a full node for our network, you only require an internet connection and a device. There are no rewards for doing this, but people do it anyway, like the Bitcoin network for example.

How can I stake to get the rewards? Just download the wallet and send my Qtum or I should do more steps to apply?
sr. member
Activity: 722
Merit: 259

I want to understand how I can earn income from qtum coins, except from the growth of their value, whether there are other ways to profit with the use of qtum coins. (minig, masternode, etc.)


There's no Proof-of-Work mining, only staking. This means if you own Qtum tokens, you're able to gain rewards for your computational resources. If you stake a block, you are helping the network process transactions, and you will receive a 4 Qtum reward for your efforts.

We don't allow masternodes, this functionality centralizes a network, and isn't available to everyone. Anyone can run a full node for our network, you only require an internet connection and a device. There are no rewards for doing this, but people do it anyway, like the Bitcoin network for example.
newbie
Activity: 70
Merit: 0
It seems to me that this is a very good idea. at least zadumok a lot, quite a big question can be.
jr. member
Activity: 182
Merit: 7
sr. member
Activity: 588
Merit: 250
https://www.projecton.pro/
sr. member
Activity: 722
Merit: 259
coinbase will list qtum ?

is it real?

Why not?

we have no comments on this, it always depends on the exchange.
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