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February 20, 20243 mins read

Qtum Roadmap Progress Report - Feb 20th, 2024

To see the Qtum development roadmap, please visit our website:

Qtum January - April 2024 Development Roadmap

Updates

Qtum Core

Offline Qtum staking is now available on Ledger Devices using “Ledger Live.” Please have version 3.0.0 installed. Delegation is done via Qtum Electrum or Qtum Core wallet.

Further testing of Bitcoin Core 25.1 for possible upstream merging into Qtum Core.

Qtum <> Ethereum Bridge

  • Deployment of bridge on Qtum testnet complete. 

  • Circle “Bridged USDC Standard” contracts deployed on both Qtum testnet and Sepolia.

  • Bridge source to be audited uploaded to Qtum Git: GitHub - qtumproject/bridge-evm-contracts at 5fc49f8dc4d2073ee2404c4016d8d68e368d6872

  • Servers required for test environment deployed. Certik penetration testing can now begin.

  • Modified scope of wallet experience. Bridging ERC20 tokens from Ethereum to Qtum and back will now use qtumwallet.org 

  • Users looking for web3 functionality to interact with liquidity pools etc, will click on the “MetaMask Snap” function on qtumwallet.org to make this happen. 

  • No blockers or hold ups encountered so far on the bridge deployment. Possible delays could happen due to slowness of the Chrome Extension marketplace for the MetaMask snap and other app stores. Certik audit requiring fixes could also delay the deployment. 

Qtum Ordinals Support

  • Work continues to deploy a Qtum implementation of the BRC20 token feature. Qtum is based on Bitcoin Core but uses staking, which requires some modifications to make this work.

  • Website development for a portal that allows users to: Mint, transfer, deploy, and swap. Using the command line interface isn’t user-friendly, so this removes that barrier.

  • New Qtum BRC20 implementation that includes a new indexer based on OPI indexer and a new Web UI

Breakdown of Ordinals Roadmap Progress:

The Qtum blockchain is introducing an exciting upgrade with its new BRC20 implementation, a fresh approach that allows for the creation and management of digital tokens similar to those on Ethereum but operates over the Qtum network, leveraging a technology called ordinals.

This innovation enables users to enjoy the benefits of Ethereum's flexible token system within the robust and secure Qtum ecosystem. Alongside this, Qtum is developing a new indexer based on the Open Protocol Indexer (OPI), which is a cutting-edge tool designed to efficiently organize and access data related to these tokens on the Qtum network. This means that transactions and token information will be easier to track, making the entire process smooth and user-friendly.

Additionally, Qtum is rolling out a new Web UI, or user interface, which promises to make interacting with these technologies more accessible and intuitive for everyone, regardless of their technical background. This suite of updates marks a significant step forward in making blockchain technology more versatile and user-friendly.

That's it for the latest updates on the Qtum roadmap. We are very excited for what's to come and to share it with our loyal community.

Warm Regards, The Qtum Team.


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