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    Author Topic: [ANN] (QTUM) - A Scalable Smart Contract Platform w/ Proof of Stake  (Read 525817 times)
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    January 28, 2017, 11:22:08 AM
     #821

    Qtum Update:  January 28th, 2017



    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/


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