The Qtum Main Network launched on September 13th, 2017. Toda | Qtum Network on Binance Square

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The Qtum Main Network launched on September 13th, 2017. Today we are celebrating 7 years of active development. 2024 and 2025 will see an increased level of developer activity, as we work to deploy more AI utilities and core web3 infrastructure for ecosystem growth.

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We wrote a longer than usual report on Qtum progress for Q1 & Q2 2024, along with our plans moving forward. We figured our 7th anniversary is a good time to condense much of what we've been up to in one long post: https://t.co/7BgmxnZoVL This Tweet is also going to be longer than usual, because we want to highlight some of the developments going on at Qtum. Qtum development consists of 3 teams: 1⃣ Qtum Core, responsible for staying upstream with the latest Bitcoin Core and Ethereum Virtual Machine updates, along with implementing promising tech like BRC-20 etc. 2⃣ Qtum AI, responsible to researching and developing utilities that utilize our Nvidia 3080 GPU farm. To date we've launched a chatbot and image generator on open source models. We plan to launch a text-to-image generator, and soon an API that will allow people to use these GPU's if they pay in Qtum. 3⃣ Qtum Ecosystem, responsible for building infrastructure on top of Qtum Core. After deploying Janus and Qnode, the next logical step is to build out a bridge to Ethereum in order to get stablecoins flowing on Qtum. This will ultimately lead to some DeFi and other forms of Web3 finally going on Qtum. Each of the 3 development streams we discuss in the above document, and each team has its own roadmap. Q3 & Q4 will be more about deploying tech that we developed earlier in the year, now that audits are finished and code has been delivered. Thank you all for a wonderful 7 years. We know it has been a bit of a slow grind to get to where we're at now, but we cover some of this in the document above. Thank you all!

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🚀Our latest Development & Community Update is out! https://www.qtum.org/news/august-2024-dev-com-updates 🔹 Qtum Core 26.1 & 27.1 in progress 🔹 New AI tools 🔹 Metamask Snap & @circle “Bridged USDC Standard” testnet deployment 🔹 Audits: @MetaMask Snap, Dapp & Bridge finished 🌐 Community testing soon🌐

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We chose a MetaMask Snap to work with @circle "Bridged USDC Standard" USDC bridge in order to bring a familiar user experience for DeFi veterans. Read more here: https://www.qtum.org/news/the-qtum-metamask-snap-is-coming @Consensys

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To prepare for our upcoming Qtum bridge, we've developed a MetaMask Snap. Now that it has been audited by an approved company, we've submitted it for approval to Consensys. We're aiming to get our "Snap" listed on the MetaMask Snap directory: https://snaps.metamask.io/

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We discovered a User Interface issue with the Qtum MetaMask Snap implementation where the wallet was asking for a Qtum address and would only accept Hex addresses and not Base58. We decided to make a quick fix to this and get that portion of the wallet re-audited by Sayfer. Because Qtum is based on Bitcoin Core, the addresses are displayed as Base58. The EVM implementation on Qtum obviously is based on Ethereum, so it uses Hexadecimal format, and we have an interpretation layer in the middle called the "Account Abstraction Layer" that does the address conversions for the end user. This could have been confusing for users trying to bridge USDC to Qtum and back. We developed a MetaMask Snap so users will have a familiar interface while using the Qtum Bridge to transfer USDC from Ethereum to Qtum and back. With the audit finished, we can now submit our code to Consensys to apply for a listing in "Snaps Directory". It's only possible to apply if the code has been audited by an approved entity, which is why we went with Sayfer. This is the last step before we start rolling out a testnet implementation of the bridge. We're already planning to do a fun community event that asks users to transfer as much testnet Qtum and Sepolia USDC back and forth to test the stability and speed of the product. Here's a link to the wallet audit:

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