Qtum hardfork tomorrow: All you need to know about it

Qtum is scheduled to undergo its first hard fork on 17th October. According to Qutm, several improvements will be introduced. After the hard fork, users will be able to use decentralized apps on the blockchain network. The functionality of the network's smart contracts will also enhance drastically.


Proof of Stake (POS) blockchain Qtum (pronounced Quantum) will undergo first ever hard fork tomorrow. The network will introduce several improvements. Hard Fork will also enable the third-party gas payments, which would be a major milestone for the network.

New users would be able to enjoy DApps on the blockchain network. This will also enable developers to minimize the cost of bringing in new users. The Qtum aims to make sure that the network receives a considerable advantage over other smart contract platforms.

Qtum’s co-founder, Patrick Dai, informed that the blockchain‘s first hard fork keeps the incentives and community stakeholders aligned. He added that their consensus changes would bring more value to developers with greater consistency between block times and expanded feature sets. The shift from Qtum 1.0 to 2.0 as much smoother road rather than driving off a ramp and hoping everyone lands without breaking any parts, he further added.

Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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