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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Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
Crypto News – 24 June – Facebook’s Libra hit by more accusations, Balaji Srinivasan on BTC investment and more
— AMBCrypto (@CryptoAmb) June 24, 2019
Crypto News – 24 June
Erik Voorhees on Bitcoin: According to the CEO of Shapeshift, Bitcoin’s relative traceability has allowed governments to become comfortable with it
Read more at https://bit.ly/2WVviJW
Max Keiser on gold’s ‘resurgence:‘ Max Keiser made news after he stated that Bitcoin’s growing popularity as a competing store of value and millennials were responsible for gold resurfacing in the conversation about store of value assets
Read more at https://bit.ly/2Xve2zp
Tron back in the top 10: A month after CEO Justin Sun promised to get Tron back in the top 10 of the world’s largest cryptocurrencies, TRX surged by over 6% to achieve the same by overtaking Cardano
Read more at https://bit.ly/31TXekX
Bank of International Settlements on Libra: While talking about Facebook’s Libra, BIS’s report attested to the need for sound public policy, financial regulation, competition regulation, and data privacy regulation
Read more at https://bit.ly/2Fsoptu
Bitcoin short futures position on the rise: According to a Twitter user, 70% of all Bitcoin short futures position are taken by four traders
Read more at https://bit.ly/31Om4CQ
LocalBitcoins’ Russian Ruble trading charts: According to CoinDance, the weekly LocalBitcoins chart revealed that the Russian Ruble [RUB] recorded towering volumes, even after the June 1 cash-exodus announcement
Read more at https://bit.ly/2JgRWYz
Howard Chu on Monero: According to the Founder of Symas Corp., Monero was “outstripping” other projects in the space which have larger budgets, in light of the new features added to Monero
Read more at https://bit.ly/2Y8IsEQ
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