Proof-of-Stake blockchain Qtum has hard forked its testnet in preparation for the mainnet launch. The upgrade went live on the testnet at block 625,000 and officially introduced offline staking. The mainnet hard fork is expected to take place in August 2020 or at block height 680,000. Proof-of-Stake blockchain Qtum has completed a hard fork of its testnet in preparation for the launch of its mainnet hard fork. According to a Cointelegraph report, the upgrade went live on the testnet at block 625,000 and officially introduced offline staking in Qtum. The testnet event – scheduled to start on July 6 – is the last stage before Qtum launches its mainnet hard fork, which is expected to take place in August or at block height 680,000. The firm has claimed that over 300 network participants have earned almost 1,000 QTUM through staking. It said: Offline staking is one of the biggest changes to the Qtum protocol to date. Up until now, Qtum has allowed Proof-of-Stake consensus staking only from online nodes that secure and operate the blockchain. As a result, QTUM holders who did not want to run a full node had security concerns, or struggled to meet the resource and power requirements were unable to participate in staking. The co-founder of Qtum, Patrick Dai, said that a Testnet Stake-a-Thon will give people interested in blockchain a chance to learn more about concepts like super stakers, address delegation, “and how easy it can be to participate in the consensus of a global network.” QTUM/USD daily chart QTU/USD dropped further down from $0.1663 to $0.1623. QTUM faces strong resistance at $1.67, $1.69 (SMA 50), $1.70 (SMA 20), $1.734 and $1.743 (SMA 200). On the downside, healthy support lies a t$1.62 and $1.575. The Elliott Oscillator has had six straight red sessions of increasing intensity. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Bitcoin Price Prediction: BTC/USD risks return to $8,900 – Confluence Detector FX Street 2 years Proof-of-Stake blockchain Qtum has hard forked its testnet in preparation for the mainnet launch. The upgrade went live on the testnet at block 625,000 and officially introduced offline staking. The mainnet hard fork is expected to take place in August 2020 or at block height 680,000. Proof-of-Stake blockchain Qtum has completed a hard fork of its testnet in preparation for the launch of its mainnet hard fork. According to a Cointelegraph report, the upgrade went live on the testnet at block 625,000 and officially introduced offline staking in Qtum. The testnet event - scheduled to start on July 6 -… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.