Recently, QTUM tweeted regarding its launch of mass-friendly features that will aid a widespread adoption of QTUM’s blockchain. The foundation claims to have amalgamated the smart contracts functionality of Ethereum with Bitcoin’s security features. This is done in order to overcome the limitations of scalability and security.
QTUM, since the beginning, has been using Ethereum’s Virtual Machine [EVM] which has few drawbacks, one of them being that it only supports a single programming language. QTUM’s most recent and remarkable development is x86 virtual machine [VM]; this is an evolved version of the standard EVM.
To break it down, QTUM x86 VM is a smart contract operating system; it is built to make it easier for decentralized applications [dApps] to be deployed. It actively overcomes the limitation of a single programming language and supports more than one language, including C++, C. Rust, and suchlike. It further accepts new possibilities for creation, execution, and management for new-age smart contracts, multiple APIs for easy plug and play, and support for alternative data storage. These advancements will smoothen out the process for developers, to create applications on the platform.
The mechanism involved will implement more scalability in the functioning of x86 VM. It is rewarding for smart-contract developers as well due to its low charges associated with network gas. QTUM’s new update is a planned package consisting of a complete operating system to save space. resources, and processing power.
The three future projects of QTUM, namely, Qx, QDex, and Qrypto will be launched to enhance the overall ecosystem of QTUM.
Qx is a decentralized transaction protocol being developed to act as a trading application to facilitate the trading of digital assets on QTUM’s platform.
QDex is a decentralized token exchange backed by QTUM’s blockchain dedicated towards the completion of QRC token transactions but in an easy, smooth, and user-friendly manner to improve the overall customer experience.
Qrypto is simply a browser plug-in for wallet management. This is work in the same way as a browser interface connecting blockchain and dApps.
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WAVES/BTC sees dramatic drop to reach 1 Satoshi on Binance exchange due to a massive sell order
Waves, the 29th largest cryptocurrency, hit lows against BTC on April 17, and users speculated that this could have been due to a massive sell order.
Waves, at press time, was trading a $2.71 with a market cap of $270 million and had a trading volume of $15 million. However, on April 17, the price of Waves hit rock bottom due to a massive sell-off similar to one that Ethereum witnessed a few years back.
As seen in the above chart, the price of Waves against BTC hit exactly 0.0000001 BTC, which amounts to 1 Satoshi. The volume for the said candle is also massive, further confirming a sell order of massive amounts. The coin has since increased by approximately 3% against Bitcoin in under 24 hours.
Crypto enthusiasts on Twitter couldn’t hold back their opinions as one user, @BitBitCrypto tweeted
“- $WAVES did not trade at 1sat, it traded at 10sat
– It is still a great project and with a huge potential
– This sell order has nothing to do with WAVES (the project)
– This trade wasn’t done on Binance web cause you can’t place this low, it was API
– I didn’t buy it at 10 sat”
Another user @BITCVIX tweeted:
1min WAVES/BTC flash crash on Binance (from 5200 sats to 1 sat) pic.twitter.com/C9WAGyjwp9
— BTCVIX (@BTCVIX) April 17, 2019
TradingView commented on this matter saying:
“Something strange is always happening in the #crypto market”
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