Qtum
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QTUM · 195w

Qtum Development and Community Updates, Week of September 11th - 18th

Patrick, Neil & Jordan Qtum Main Network Launch

On September 13th, the Qtum team announced that the work required to launch the main network was completed. Nodes were put online, and the final platform, dubbed “Ignition” was officially launched. The source code can be found on Github: https://github.com/qtumproject/qtum/releases

Over 60,000 man hours went into the development of Sparknet, Skynet, and Ignition combined. Each release was delivered on time, according to our development road map. This does not mean the team will relax, there are some very ambitious goals we will work toward over the next few months.

The Qtum team currently holds all of the main network tokens until the swap happens on October 4th, 2017 (6pm PST). In order to keep the chain moving, we have been staking all of the blocks, resulting in approximately 2880 Qtum tokens created daily. We do not plan to keep these tokens for the team members, they will be sent to the industry development fund. For more information on this, please see our Economy Whitepaper: https://qtum.org/en/white-papers

There was a slight update made immediately after the launch. We noticed that some Skynet nodes were attempting to connect and work with the Ignition network and got banned, which may make node operators have problems connecting to the network later after upgrading

Around the same time, there was a new attack vector discovered Bitcoin Core. This effectively allowed a malicious entity to do a long setup process, and then afterwards continually DoS the network fairly cheaply by forcing nodes to load gigabytes of transaction data into memory. We have backported the code for this issue already, and are spending a lot of time testing it now, as it is an extensive change to fix this behavior

A quick reminder to withdraw your Qtum ERC20 tokens from Yunbi.com, and if you have tokens that were not retrieved from ICO365, please e-mail [email protected] and we will get back to y...

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