All you need to know about Quant Token

QNT is an Ethereum token that is used to power Quant Network’s Overledger brand of enterprise software solutions, which aim to connect public blockchains and private networks. Quant Network allows the creation of so-called mDapps that enable decentralized applications to operate on multiple blockchains at once.

The price of Quant has risen by 15.16% in the past 7 days. The price declined by 2.11% in the last 24 hours. In just the past hour, the price grew by 0.50%. The current price is ₹26,592.297386 per QNT. Quant is 15.36% below the all-time high of ₹31,418.38. The current circulating supply is 12,072,738 QNT.

Why is Quant Unique?

Since the introduction of blockchain and the distributed ledger technology, innovators have found use cases in almost every known industry. However, there has been the problem of seamless interoperability between these projects. Quant was created to be the missing link between the “different” blockchains.

Quant’s operating system, Overledger, was designed to act as a gateway for any blockchain-based project to access all other blockchains. It also works in connecting an application to other applications in the same blockchain ecosystem, like Ethereum.

More than multiple blockchain interactions, Quant creates different layers for apps to interact at different levels. Quant has different layers for transactions, messaging, filtering and ordering, and an application for sharing and referencing identical messages related to other applications.

The Quant App Store has the ability to read and monitor transactions across multiple ledgers. Using Overledger, developers write smart contracts across a wide variety of chains including those that don’t support them — such as Bitcoin. Developers can also use the store to create and release multi-chain applications (MApps).

How Is Quant Secured?

Overledger forms the backbone of the Quant Network. Overledger ensures communicability among DLT networks and interacts with different blockchains.

The Overledger Network includes gateways for linking different blockchains. Similar to Ethereum’s proof-of-stake blockchains, the Quant Network community is involved in handling treasury smart contracts.

The community handles QNT payments flowing from users to the gateways. They do this in a manner where people are held accountable to any observer.

Where Can You Buy Quant (QNT)?

Quant tokens can be purchased, sold, and traded on several exchanges, including;

Bilaxy, Bittrex, Bithumb Global, 1inch Exchange

To know the price of the coins click here

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Dislcaimer

this news and reviews blogs are only to educate, inform and deliver information to the public and is not an investment advice. Nothing should be taken as an offer to buy, sell or hold any cryptocurrency

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