Qtum May Update: Up 25% Over the Past Month On dApp Developments

Udgivet den by Cryptoslate | Udgivet den

Qtum has experienced a bullish past month of growth.

Firing off with an 18% hike in the final week of April, the 18th-largest cryptocurrency by market cap appears to be awakening from its slumber - Qtum raising the curtain on a series of promising installations including dApp-launches and game partnerships.

A 2017 fork of the Bitcoin core protocol, Qtum's architectural proposition is unique - offering the trustless peer-to-peer transaction of BTC - while emulating Ethereum's smart contract and dApp functionality.

Existentially, the Qtum Foundation would point to the significant failure of Ethereum smart contracts for validation of their mission - to leverage the proven usefulness of Ethereum, adding the esteemed security of Bitcoin.

Should Heroes become such a digital sensation, Qtum would enjoy a hearty step-up in users as potentially millions of people trade hands over virtual corpses.

Bodhi Prediction Market, Qtum's debuting testnet dApp, has once again broken ground for Qtum - with the launch of the very first working dApp on its mainnet.

As China's Bodhi takes its baby steps, the project will invariably prove pivotal in boosting early adoption of the Singaporean blockchain, as players gleefully collect QTUM tokens from their vanquished foes.

"We're excited to have Bodhi lead the way by launching the first DApp on Qtum. Bodhi is serverless and runs on blockchain, it's a real working decentralized application and that's what this is all about."

Sporting a colossal market cap and bizarrely low profile, Qtum may befuddle western investors - who would ask how such a weighty offering could sneak unnoticed in a community that breathes virality.

Where Qtum has been denied entrance to the hall of fame, it boasts an illustrious list of dApps scheduled for launch.

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