InK will be the next Qtum it?


Reporter: pencil casen
Bitcoin and Ethereum token represent the first and second generation blockchain so far. Bitcoin pioneered the whole understanding of the blockchain world, and Ethereum sublimated the bitcoin world through smart contracts, bringing the blockchain into the era of smart contracts. This is also the market value of the blockchain two highest representative projects.n
However, bitcoin and Ethereum still have shortcomings, such as Bitcoin and Ethereum, which have the problems of high transaction costs, long confirmation time and poor scalability. The bitcoin community has split and the hard fork has become the norm; a simple Crypokitties jammed up Ethereum’s network in recent days, highlighting the dilemmas faced by current big brothers in both blockchains.n
The quantum chain by combining the advantages of bitcoin and Ethereum in an attempt to solve the current system of blockchain defects. Quantum chains have UTXO-based smart contracts that are compatible with Bitcoin and Ethereum, have a PoS consensus mechanism, and are also connected to the real business world via Oracle and Data Feeds.n
As of October 23, 2017, Qtum ranked 13th in global market capitalization with more than 1 billion USD valuation. The quantum chain has been dedicated to pioneering a third ecosystem outside Bitcoin and Ethereum. In the Quantum Chain Region Block chain system, to build a variety of decentralized applications, the financial, supply chain, games, social networking, Internet of things and other industries are involved.n
Blockchain has been rapidly growing in the financial arena, and the content space is equally vast, with a global market for content distribution alone reaching more than $ 62 billion. There are also a lot of blockchain projects in content areas before, such as Ink, Steem, Po.et, YOYOW, Alis, Primas and others.n
Ink has its own more ambitious picture, which evolved from the ink chain, it is not simply a blockchain decentralized content applications, it is trying to build a new global ecosystem of creative industries, and the solution is through it Original blockchain ecological solution.n
Is Ink a Qtum for cultural creativity?n
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Ink and Qtum in the blockchain world explorationn
Both Qtum and Ink are items that have earlier layouts of the blockchain.n
Following the birth of Bitcoin and 2015 Ethereum in 2009, Quantum Chain made its debut in 2016 and became the third largest blockchain platform in the world. In September of the same year, Qtum represented the Chinese blockchain team and won the second Global Blockchain summit best creative award. Since then the quantum chain reputation, has been widespread concern, and has been high hopes.n
Qtum started its public sale in March 2017 and has already laid the groundwork before the outbreak of the blockchain industry this year, occupying a certain pioneer position in the blockchain ecosystem.n
Ink’s early team explored the blockchain from 2016, earlier than the singularDTV layout, starting with Ziggurat.cn, the blockchain copyright eco service platform, and later the ink chain.n
Both Qtum and Ink try to be an ecology. Qtum’s attempt to develop a new ecosystem that is compatible with Bitcoin and Ethereum can bridge the blockchain and real-world business applications.n
Ink team has gone through so much exploration and ups and downs, eventually finding a more suitable for the new direction of landing and development, Ink is clearly not only consider the technical logic of the blockchain, but also consider the logic of the real business landing. It is interesting is that its overall architecture design, if it is a purely coalition chain, or simply based on the development of the token economy chains, may not be able to release much power, but it through the chain agreement to sovereign alliance chain, based on Qtum Token system, the asset tokenization of the transaction together, under regulatory conditions, as long as the commercial landing, as much as possible the elements of the blockchain, including the coalition chain, token economy together.n
Through its entire architecture design, Ink combines the blockchain with the actual issues that the content industry needs to address to provide the content industry with a decentralized infrastructure that combines content-based delivery with content distribution and content delivery, The ultimate goal is to create a virtuous circle of content ecosystem that is easy to fall into place.n
If Ink’s exploration is successful, there are two businesses and investors who are worth the blockchain industry. First, it suggests to other blockchain projects that the compound and incremental blockchain solutions may have unexpected effects for solving real-world business problems. Second, for blockchain investors, in the development of the blockchain Phase, not only bitcoin, blockchain such as Ethereum, there are similar to blockchain such as Ink complex floor exploration.n
Ink is not only in the layout and ecological exploration, but also in the technical exploration, team and development potential, it is easy to think of Qtum.n
First of all, Qtum also has similar technology to explore, through the advantages of existing agreements, for my use, and then innovation. Qtum has a technologically strong development team, a UTXO transaction model that is compatible with the Bitcoin protocol, and the Ethereum EVM, which has taken full advantage of both Bitcoin and Ethereum while innovating on the basis of compliance Sex also tries to find regulatory requirements that fit different industries.n
Ink’s affiliate chain also uses the norms and standards of the Superbook program, as well as making full use of the Qtum chain to create an IP asset trading platform and token economy, and on the basis of which it also creates digital certificate mechanisms, account systems, transfer sets, etc. Concept, and cross-chain interoperability agreement. These are innovative attempts.n
Second, Qtum and Ink have designed their own mechanisms to connect with the real business world. The agreement between the two designs have relatively large ground consideration. Qtum focus on the actual business scene, Qtum more focused on the contract scalability and mobile-side strategy, so that the financial, sports, Internet of Things and other traditional Internet can make better use of blockchain technology, the real business world Of the data to achieve better business value through real, irreversible and smart contracts on the blockchain, while also meeting regulatory requirements.n
In order to make the blockchain of the content industry fall into place, Ink designed the Sovereign Alliance Chain, the Alpha Chain Equity Trading Platform and the Token Economy System, and the cross-chain agreement from a large architectural perspective in order to realize the true commercial success. From a small technical level, such as the digital certificate mechanism of the Sovereign Alliance chain, it is mainly used to identify the identity and authority control, issue an identity certificate to the corresponding member entity, and control the entity’s access to the resource. Another example is the Ink account system, which manages digital assets, interacts directly with affiliate chains, and original cross-link protocols that allow interoperability between affiliate and public chains that take both technical and real-world business scenarios into account. Such an exploration allows their blockchain not to float on it, but to find different paths of development at different stages. Can not say that there is a block chain, the other does not consider. Just as the Red Army did in the past, winning Shanghai in Beijing does not mean immediately capturing Shanghai and Beijing. Instead, it must have the patience to conduct grassroots work in the base areas of Jinggangshan and go through all kinds of exploration and hard work in the end.n
Third, there is a similar shadow on both teams and governing bodies. Qiao Qun, the founder of Quantum Chain, is also very young. After graduating from Draper University and the Chinese Academy of Sciences and Ph.D., he studied the development of blockchain technologies.n
Quantum Chain has formed an international team, like Neil Mahi and Jordan Earls, who are both experienced big blockchain developers. The consultant team also includes well-known big coffee industry veteran Jeffery Wernick. The Quantum Chain Foundation is based in Singapore and has a well-defined governance structure with a technology development team, marketing communications department and financial audits.n
Similar to the Qtum architecture, Ink has established INK LABS FOUNDATION LTD, a not-for-profit fund in Singapore that maintains the management of the Ink community’s operations and funds. It includes the Foundation Council and the Council Working Group. The working group is divided into technical guidance working group, mainly responsible for technology research and development; investment working group, responsible for IP investment; wind control working group, responsible for legal and financial affairs; operating working group, responsible for brand influence.n
The co-founders of Ink’s core team are Tang Ling, the founder of Paper Technology and the initiator of Ink Chain. He has extensive experience in the field of copyright and IP incubation and distribution as well as an early participant in the blockchain, Blockchain is interested in the development of content areas and more.n
Ink’s core team is also a strong international team. In addition to Tang Ling is the core promoter, there are sponsors from the United Kingdom, Europe, Japan. The British sponsor is Ismail Malik, Europe’s top blockchain expert who manages over 4 blockchain projects and is experienced in commercialization. Co-founder of Europe is Walter Komarek, CEO of Forbesfone, the largest communications company in Macedonia, with experience in blockchain and digital currency investments. Japanese promoter Yuki Mochizuki, an early bitcoin investor in Japan, provides long-term consultancy services for Japan’s largest digital currency trading platform.n
Core developers, but also international team, including Chen Chang, Wang Hao, Feng Zhen, Frankwang, Alexey Kalina, PaulSokolov, Alexandr Dorozhkin and others. Among them, Chen Chang graduated from Tsinghua University, a core developer of the Hyperledger open source project, and has extensive experience in the research and development and application of the bottom of the blockchain. Wang Hao is also a graduate of Tsinghua University, won the championship blockchain development competition, a number of invention patents. He has participated in the preparation of “regional medical alliance chain” project and won the first prize, also published many papers. Frank Wang is the founder of StentorTechnology, has work experience in companies such as Google, has its own expertise in distributed computing and database technology. Alexey Kalina is a full stack engineer with experience developing Ethereum smart contracts, participating in blockchain communications protocols, browsing design and development. Paul Sokolov has been involved in developing Changelley, Guarda, etc., from the curriculum vitae is very rich. Alexandr Dorazhkin has also developed RPC protocols such as cryptocurrencies.n
From historical experience, the team’s technical strength is strong, mostly experienced blockchain technology practitioners. In addition, investors and consultants include Yan Yan, Shen Bo, Shuai Chu, Xue Manzi, Duan Xinxing and other well-known big cafes in the industry.n
In general, both Ink and Qtum have the characteristics of early layout, eco-system vision and unique technology. They are all very interested in using the blockchain technology to connect with the real world of the business world. There was a saying before that software was devouring the world and now it’s time for the blockchain to devour the world. Ink is currently valued at more than 40 million US dollars, the global market value of 68, Qtum market value of more than 1 billion USD, for their future areas to be transformed, there is still much room for future expansion, if they can realize their vision, the future There will be a lot of room for valuation.n
Of course, from the market performance point of view, Qtum also played an excellent example for INK.n
Since QTUM’s sale to date, the currency has risen from 5.46USD in July to 14,8169USD today. As of October 23, 2017, Qtum ranked 13th in global market capitalization.n

INK sales the second week, 24 hours trading volume exceeded 370 million yuan! Global Trading Rank 19.n

INK’s progress has been obvious to all, just a few weeks from its launch to the present. In accordance with the current development situation, Ink’s future value is expected to impact the top 20 global market value, worth the wait.n
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Ink ecosystem of the landingn
Previously mentioned Ink troika blockchain system, including the Sovereign Alliance chain, cultural assets trading platform and the chain-based token economy, cross-chain interaction agreement. These ambitious ideas from the beginning of 2017 2018 onwards. From December 2017 to February 2018, Ink will launch its content to centralize the application development open platform, Ink wallet, IP asset exchange and more. Among them, in addition to the Chinese alliance chain, the ink alliance chain will also be landing in London, England, is currently working with Japan, South Korea, China and the United Kingdom to promote high-quality IP.n
With the unfolding of the coalition chain, valuable IP assets have been accumulated, followed by the IP asset trading system. In the first half of 2018, the testing platform for digital cultural assets will be tested. Meanwhile, Ink’s sovereign alliance chain and Qtum will conduct cross-chain value and data for the first time Internet.n
Once the ecosystem is up, the value of the follow-on system can be demonstrated. It has the opportunity to become the underlying architecture linking the entire content industry. It is expected that projects like Ink will create more possibilities for the future in the content industry and enable the content industry to grow in its own way Instead of relying on the traditional traffic of Internet giants! Let creator and reader get a better experience and more reasonable income! If that’s true, Ink has the chance to become Qtum in the content space!n
Here is the introduction of Qtum CEO Shuai Chu as one of the answers:n
n”Ink is the leading technology and influence based on the quantum chain that Qtum has established in Qtum for the trading of cultural assets and the Token economy.It is also Qtum’s first blockchain solution based on the cultural and creative industries, both in commercial layout and in time The nodes are highly compatible and bring historic changes to the world’s cultural industries. “n

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