The Qtum main network went live on September 13, 2017. It’s hard to believe that 6 years have passed so quickly.
With over 40 wallet releases, the Qtum core team has improved the speed of the blockchain while keeping the code upstream with the latest developments from Bitcoin Core and Ethereum.
As we look ahead, the Qtum team will focus on Ordinals support and other ways to improve the third-party developer experience with our v24.1 hard fork in late 2023.
When the Qtum team began this journey back in 2015, we envisioned a blockchain that would retain the battle-hardened stability of Bitcoin Core’s UTXO model while offering smart contract functionality on a decentralized Proof-of-Stake mechanism.
This recipe has been surprisingly relevant over the years. Even on scalability, the Qtum team deployed a set of smart contracts that would allow the community to adjust the gas fee and block size and dubbed this the “Decentralized Governance Protocol.” This effectively made Qtum faster than Ethereum or Bitcoin without sacrificing decentralization.