{"id":4354,"date":"2022-03-05T20:42:34","date_gmt":"2022-03-05T20:42:34","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/qtum-whitepaper\/"},"modified":"2022-03-05T20:42:34","modified_gmt":"2022-03-05T20:42:34","slug":"qtum-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/qtum-whitepaper\/","title":{"rendered":"Qtum Whitepaper"},"content":{"rendered":"<div id=\"post-461\">\n<div class=\"entry-content\" readability=\"62.354260089686\">\n<p>Smart-Contract Value-Transfer Protocols on a Distributed Mobile Application Platform<\/p>\n<p>Abstract. Blockchain-enabled smart contracts that employ proof-of stake validation for transactions, promise significant performance advantages compared to proof-of-work solutions. For broad industry adoption, other important requirements must be met in addition. For example, stable backwards-compatible smart-contract systems must automate cross-organizational information-logistics orchestration with lite mobile wallets that support simple payment verification (SPV) techniques. The currently leading smart-contract solution Ethereum, uses computationally expensive proof-of-work validation, is expected to hard-fork multiple times in the future and requires downloading the entire blockchain. Consequently, Ethereum smart contracts have limited utility and lack formal semantics, which is a security issue.<\/p>\n<p>This whitepaper fills the gap in the state of the art by presenting the Qtum smart-contract framework that aims for sociotechnical application suitability, the adoption of formalsemantics language expressiveness, and the provision of smart-contract template libraries for rapid best-practice industry deployment. We discuss the Qtum utility advantages compared to the Ethereum alternative and present Qtum smart-contract future development plans for industrycases<br \/>applications.<\/p>\n<p>Key words: smart contract, business network model, DAPP, mobile, information logistics, cross-organizational, peer-to-peer, distributed system, e-governance, Qtum framework<\/p>\n<p> <a href=\"https:\/\/www.allcryptowhitepapers.com\/wp-content\/uploads\/2018\/05\/Qtum-white-paper.pdf\" class=\"pdfemb-viewer\" data-width=\"max\" data-height=\"max\" data-toolbar=\"bottom\" data-toolbar-fixed=\"on\">Qtum white paper<br \/><\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Smart-Contract Value-Transfer Protocols on a Distributed Mobile Application Platform Abstract. Blockchain-enabled smart contracts that employ proof-of stake validation for transactions, promise significant performance advantages compared to proof-of-work solutions. For broad industry adoption, other important requirements must be met in addition. For example, stable backwards-compatible smart-contract systems must automate cross-organizational information-logistics orchestration with lite mobile wallets [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4354","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=4354"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4354\/revisions"}],"predecessor-version":[{"id":4355,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/4354\/revisions\/4355"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=4354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=4354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=4354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}