Quant

Quant is a blockchain project launched in 2018 with the goal of connecting different blockchain networks and enabling interoperability between them. The main problem Quant aims to solve is the lack of seamless integration and communication between the growing number of blockchain platforms and applications. Quant's Overledger network acts as an operating system that allows developers to build "multi-chain applications" (MApps) that can interact with multiple blockchains simultaneously, overcoming the interoperability challenge.

Quant's key differentiator is its focus on interoperability. Unlike many blockchain projects that operate in silos, Quant's Overledger network acts as a gateway allowing applications and blockchains to communicate with each other. Overledger enables developers to write "multi-chain applications" that can interact with a variety of blockchain networks, even those that don't natively support smart contracts like Bitcoin. This interoperability sets Quant apart in the blockchain space.

QNT is the native utility token of the Quant network. It serves several key functions: 1) Users and developers must hold QNT tokens to access and use the Overledger platform, 2) QNT is required to pay transaction fees for operations performed on the Overledger network, and 3) QNT tokens are locked up for 12 months when used to pay for Quant services, providing a sustainable model. The maximum supply of QNT tokens is capped at 14.88 million. How is the Quant network secured and what is the role of the community? The Overledger network forms the backbone of the Quant ecosystem. It includes gateways that facilitate the linking of different blockchains. Similar to Ethereum's proof-of-stake model, the Quant community plays a key role in managing the treasury smart contracts and handling QNT token payments from users to the gateways. This community-driven approach helps ensure accountability and security within the network.