ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Aug 31, 2020 15:00 JST
Source:
Moonstake
Moonstake Launches Staking for QTUM
SINGAPORE, Aug 31, 2020 - (ACN Newswire) - Moonstake users now have the ability to use their QTUM to earn rewards through its website based staking pool. With Qtum, the active community will be able to stake their coins on the Moonstake web wallet platform.
Founded in 2016, QTUM, a cryptocurrency that uses a consensus algorithm called Offline Staking, was released by the QTUM Foundation, a non-profit software development organisation in Singapore. QTUM launched various applications and softwares on blockchain that have been integrated into open developer offerings from Amazon Web Services' China and Google Cloud Platform. Qtum combines Ethereum's smart contract functionality with bitcoin's security to create a suitable platform for adoption by large organizations to solo developers.
Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia's biggest staking network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products are Moonstake Web Wallet along with Moonstake Mobile Wallet (iOS/Android), enabling full staking functionality and an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake's staking pool supports Cosmos, IRISnet, Ontology, Harmony, Tezos, and most recently Cardano.
Qtum recently released news about their hard fork, which has been scheduled to activate at block height 680,000, with an estimated date of August 28, 2020. No new coins will be created by the hard fork. Regardless of this Hard Fork, Moonstake web wallet will support QTUM, and users can stake with one click.
In order to get rewards by staking QTUM with Moonstake Wallet, users are to hold QTUM in your Wallet. Only UTXOs (Unspent Transaction Outputs), which are greater than 100 QTUM and only mature coins will be staked. Rewards will be distributed to you immediately when you get selected to create the block. Since rewards are automatically distributed from the blockchain, there is no need to "claim rewards". You are free to send and receive tokens in your wallet anytime, even while staking. There is no lockout period.
About Moonstake (
https://www.moonstake.io/
)
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies. Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey.
About QTUM (
https://qtum.org/en
)
Qtum is an open-sourced public blockchain platform, leveraging the security of UTXO model while enabling multiple virtual machines including EVM and soon the revolutionary x86 VM. Qtum is PoS based and boasts a Decentralized Governance Protocol (DGP) allowing specific blockchain settings to be modified by making use of smart contracts.
Source: Moonstake
Sectors: Crypto, Exchange
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
JCB and Mandai Wildlife Group Deepen Partnership with exclusive discounts for JCB cardmembers
Jul 01, 2025 16:00 JST
Fujitsu provides Japan's first AI-powered cloud-based library search service
Jul 01, 2025 11:30 JST
JCB Brings Apple Pay to Cardmembers in Vietnam
Jul 01, 2025 11:15 JST
First Shipment of LNG from the LNG Canada Project
Jul 01, 2025 11:00 JST
Approval in Principle (AiP) for World's First LCO2 / Methanol Carrier
Jun 30, 2025 20:30 JST
Acropolis Rally Greece: Day 4 Sunday success and second overall for TOYOTA GAZOO Racing's Ogier
Jun 30, 2025 20:15 JST
Mitsubishi Fuso-Hino Merger: 4 Firms Collaborate for the Future of Commercial Vehicles
Jun 30, 2025 20:10 JST
Six Companies Establish BlueRebirth Council to Expand Use of Recycled Materials in New Vehicles
Jun 30, 2025 19:25 JST
Honda Changes Plan to Build New Production Plant for Next-generation Fuel Cell Module in Japan
Jun 30, 2025 19:20 JST
MHI-AC&R Receives Recommendation Award of JARAC's 42nd Excellent Energy Saving Equipment Awards
Jun 30, 2025 19:00 JST
The University of Osaka and Fujitsu Japan launch joint research on AI-powered education support for culturally and linguistically diverse children in Japan
Jun 30, 2025 12:00 JST
JCB has launched contactless subway payment services in Shanghai and Beijing, marking the first such service in mainland China
Jun 30, 2025 12:00 JST
Honda Opens "Honda Software Studio Osaka" as New Software Development Operation
Jun 26, 2025 13:30 JST
Honda Issues "Honda ESG Report 2025"
Jun 26, 2025 13:29 JST
Fujitsu's Uvance Wayfinders consulting empowers customers to evolve business foundations leveraging data and AI
Jun 26, 2025 11:00 JST
MHI Receives Contract for Refurbishment of APM System at Singapore Changi Airport
Jun 25, 2025 14:00 JST
Special Summer Event "Tanabata Festival at Anime Tokyo Station" Feature a Public Recording of a Chat and Dramatic Reading by Voice Actors Miina Tominaga and Wataru Takagi on July 7
Jun 25, 2025 11:00 JST
Technica Zen and BSI Professional Services Japan Launch Customizable Training to Strengthen AI Governance in Japanese Companies
Jun 25, 2025 10:00 JST
Executive Appointments in Connection with the Establishment of NESIC Holdings
Jun 23, 2025 19:22 JST
Hua Medicine Announces at 2025 ADA Scientific Sessions that Dorzagliatin Combined with DPP-4 Inhibitor Shows Promise in Reducing Blood Lipids While Restoring Glucose Homeostasis
Jun 23, 2025 13:05 JST
More Latest Release >>
Related Release
Moonstake Partners with Humans.ai to Help Advance Artificial Intelligence on the Blockchain and Support the AI Startup's Expansion in Asia
February 06 2023 18:00 JST
Moonstake Now Supports Staking of Avalanche (AVAX)
February 02 2023 16:00 JST
Moonstake Partners with Unstoppable Domains for Simplified Crypto Transactions
December 20 2022 18:00 JST
Moonstake Now Supports Staking of Solana (SOL)
December 16 2022 12:00 JST
What is AVAX? Everything You Need to Know About Avalanche
December 01 2022 21:00 JST
Moonstake Receives ssv.network Grant to Integrate Decentralized ETH Staking
November 16 2022 16:00 JST
Moonstake Strengthens Executive Board with Appointment of CMO Pietro Curto
November 15 2022 15:00 JST
What is SOL? Everything You Need to Know about Solana
November 14 2022 14:00 JST
Moonstake Taps Strategic Partner RockX to Integrate SOL Staking
November 10 2022 17:00 JST
Learn & Earn, A New Way For Crypto Investment, Created by MoonWealth, Affiliated To Moonstake
November 01 2022 15:00 JST
More Press release >>