This article was first published on Stories by Qtum on Medium
We started off 2019 with a few short months to remember! The hard work from the team and community has led to an eventful first quarter with an even more ambitious roadmap for the second quarter.
“QTUM Expansion — New office”
Just as predicted, our project has grown at a frantic pace, and we have been adding highly skilled people into our ranks for some time, it was time to celebrate our growth and to start fresh in a new, bigger office space.
Starting 2019 with an Award
We had a great start with an award right as 2019 was getting started! Representing QTUM at the Forensic 2019 blockchain awards ceremony in Hangzhou, China, our lead engineer from China, Zhong Wenbin, was presented with a “Most Valuable Decentralized Application Platform” Award.
For more information, visit: https://mp.weixin.qq.com/s/DDRbIhkCx3CBeIv9CJSwuw (English translation available)
QTUM Atomic Swap
On January 9th, we had folks excited about our first on chain atomic swap with BTC. Atomic swaps are a direct way to exchange value across two separate blockchains. In this case, our swap was configured for QTUM and BTC. There can be many advantages in doing atomic swaps. On a high level, being able to process a transaction between two different platforms without having to involve a third party makes things easier and faster than our current system of centralized exchanges. Atomic swaps allow parties to make transactions in a trustless manner. When implemented successfully there is no risk to either party involved in the transaction, no 3rd party to wait for confirmation, and if the transaction is canceled, assets return to their owners. Our atomic swap can be viewed from start to finish via block explorers. 1.2345 QTUM held by party #1 is exchanged with 0.005678 BTC from party #2 and then BTC is redeemed by party #1 ...
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Stories by Qtum on Medium