Quant

by Quant Network
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ERC-20 token for creating DeFi-projects.

Quant description

Quant (QNT) is a token built on the Ethereum network, created to create Overledger solutions. Quant was officially launched in 2018, with an Overledger-enabled network released in 2020. Quant aims to quickly create bridges between different blockchains.

The use of OverLedger allows the creation of solutions that support multiple blockchains. The developers call such solutions decentralized multi-chain applications (MApps). Such applications help facilitate work across multiple blockchains. This is achieved through the operation of the OverLadger operating system, it is designed to allow the application created on it to access the ecosystem of another blockchain.

Quant uses layers for applications to interact with multiple networks, allowing interactions at different levels. This​ is a publication from site cryptodefix.com. Quant has layers for transactions, messaging, filter setting and checkout. QNT’s service token, application developers must keep a certain number of tokens to pay fees. The security of the system is ensured by the Proof-of-Stake consensus mechanism.

Quant specifics

  • Overledger
  • SDK for developers
  • Support of multi-chain functions
  • Proof-of-Stake consensus mechanism
  • Scalability

Quant features

Cryptocurrencies

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