Qtum claim to be the most up-to-date fork of Bitcoin. The blockchain provides added benefits like smart contracts and staking.
The significant updates for January 2021 is out, and they are continuing to work towards completing the 2021 Roadmap. They are working with all the information, format, design, and final approval and they are taking the extra time to ensure that they have a better and more accurate 2021 Roadmap.
Qtum started off the year with reassessing plans. They have been working on the roadmap and some cool announcements and they have been deciding about the Roadmap for 2021. The highlight of January 2021 is QiSwap and the Qi token airdrop.
For clarity, QiSwap is a 3rd party decentralized exchange which is building on the Qtum blockchain and they are doing this to cater to the DeFi applications’ needs.
The QiSwap originated from the Uniswap smart contracts. It is reconfigured to work particularly for Qtum, which brings benefits to the DEX. Also, these smart contracts are set to be audited entirely before the mainnet launch.
As the QiSwap is running on Qtum, swapping tokens on QiSwap is getting to be easy, fast, and inexpensive. QiSwap’s DEX facilitates low fees, with fast, and secured transactions.
Thus, QiSwap eases the process of creating and listing their own QRC20 token with an easy to use interface. QiSwap are now working on the instructional videos which will help ensure minimal issues when using the new Dex to further streamline the ease of use.
Also, Jordan Earls, Qtum Co-Founder wrote a blog about the possible success or failure of a new platform that is in to production for the first time. Also, Earl states that Neutron is designed to permit other blockchains and layer 2 protocols to integrate Neutron through hard forks, soft forks, and also in some cases no fork options.
The Decentralized Finance Incentive Program from Qtum focuses on permitting developers to develop or bridge DeFi projects in the Qtum blockchain using the Ethereum Virtual Machine which they are already using.
Development on Neutron and Phantom protocols will continue in 2021. Also, the developers at Qtum didn’t just want to speed up blocks, they wanted to make staking even easier. Previously, stress-testing the staker with a Raspberry Pi 3B had the CPU pegged at ~100%, with the improvements it now idles at a few percent!
In summary, one of the users stated, if you take Qtum as a smart contract platform, it can do everything Ethereum can do and lower gas fee and higher TPS. Also can do a lot things Ethereum cannot do. Parallel transactions and native multisig and more.
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