Ignition Platform

Basic Product Info

Name

Ignition Platform

Type

Development Platforms

Description

Qtum is a decentralized blockchain project built on Bitcoin's UTXO model, with support for Ethereum Virtual Machine based smart contracts, and secured by a proof of stake consensus model. It achieves this through the revolutionary Account Abstraction Layer which allows the EVM to communicate with Qtum's Bitcoin-like UTXO blockchain. F

The major features implemented in Qtum Ignition include:

- The Ethereum Virtual Machine, which allows for compatibility with most existing Solidity based smart contracts.
- The Smart Staking Protocol is complete, which is an optimized Proof of Stake implementation designed for a smart contract platform (however, smart contracts can not participate in staking yet).
- An early and basic smart contract GUI has been implemented that can be used for creating contracts, sending data and Qtum to them, and checking their status by executing them locally. This functionality is similar to Mist's UI right now, but it is still an early version. We will be working on this more to improve it.
- Regtest mode, which is ideal for developers who wish to create their own private blockchain. It is tuned specifically to make development easier. It will stake blocks automatically every 30 seconds, and can generate proof-of-work blocks instantly as needed.
- The Decentralized Governance Protocol is completely implemented and functional, which allows certain network parameters to be modified without a fork.

For more technical information for how to start developing with Qtum please read the Guide and also see this tutorial for deploying a simple faucet smart contract (it hasn't yet been updated for Mainnet for obvious reasons, but all the instructions are the same and you can try them in regtest mode)

Note: Qtum Core is considered beta software. We make no warranties or guarantees of its security or stability.

Status

Open Beta

Date launch

2017-09-08