The Avalanche Ecosystem is rapidly expanding — Private Securities, ILOs, DEX’s, Synthetics, Stablecoins, Prediction Markets, and more, and all just 4 months since the launch of mainnet.
✅Integrated into Europe's leading payments provider network (SIA) connecting Central banks, 580 Banks
✅Working with Central Banks, Govs and Enterprises
✅Comcast and Rockefeller on the Board
and only $270 million FULLY DILLUTED mc 🧵👇
2/ Quant are working with and in talks with numerous Central banks such as the Bank of England, as shown below with William Lovell, Head of Technology at the Bank of England in this Hyperledger Trade Finance call wiki.hyperledger.org/display/TFSIG/…
3/ SIA provide a private financial network which is the backbone of the European financial market. SIA and SWIFT are the only 2 providers for the Eurosystem Single Market Infrastructure Gateway, granting access to all RTGS, Securities and Instant Payment transactions for Europe.
. @quant_network provides scalable Any-to-Any interoperability that can seamlessly integrate with any blokchain and legacy system. It enables the creation of Multi Chain DAPPs that span multiple blockchains and existing networks.
See the linked threads below for more info $QNT
See this 37-tweet thread (Click for more replies once you reach the end if can't see all 37) about why CBDCs are going to be a game changer and how Quant have laid the foundations for Overledger to be the global infrastructure for CBDCs
See this 22-tweet thread for an overview of how Quant performs interoperability and runs on top of blockchains, rather than being a blockchain itself to provide a future proof, scalable solution that's aligned to global standards that are being worked on.
1/Visa sees the value of being a Network of Networks, capturing value from all connected networks
@quant_network enables Enterprises to create their own Network of Networks that can interoperate with any blockchain and existing network at scale and in a compliant manner🧵👇 $QNT
2/ Overledger Network for Enterprise enables businesses, Financial Institutions to run their own secure gateways and form a layer 2 scalable network that can connect to any blockchain or existing network. ZKP can be used for privacy and additional compliance layers built on top.
3/ 1st Party oracle functionality is possible with data being signed at source for security, enabling data providers to add value to the network and be rewarded with aggregation across gateways being possible off-chain rather than most of the value going to miners instead.
1/ Avalanche is a revolutionary consensus engine and highly customisable interoperable platform to enable mass adoption of blockchain. Capable of throughput in excess of VISA, sub-second finality, whilst able to scale to millions of validators $AVAX 🧵👇
2/ Avalanche combines the benefits of Nakamoto consensus (robustness, scale, decentralization) and all the benefits of Classical consensus (speed, quick finality, and energy efficiency) without the disadvantages.
3/ Ted Yin created HotStuff (used in Facebooks Libra) and is the fastest classical consensus protocol. Rather than continue to work on that he went on to be Co-founder & Chief Protocol Architect @avalabsofficial to work on Avalanche, the biggest Breakthrough since Nakamoto
1/ A Q I'm often asked is how does Interledger and Overledger compare? Interledger is designed for payments, which it does very well, but in terms of interoperability its scope is limited to the transfer of value of fungible assets. Overledger goes way beyond that
$QNT $XRP
2/ Interledger is made up of a network of connectors, independent operators that will have accounts across multiple ledgers and are able to swap a currency to different currencies via an exchange rate / which will differ depending on the liquidity held in each of these.
3/ Very basic example - Alice wants to send a payment from Ledger 1 to Bob on ledger 3. If there is a connector which has accounts on both Ledger 1 and Ledger 3 then Alice would send payment to that connector's account on Ledger 1 and the connectors account on Ledger 3 would ...
1/CBDCs are going to completely overhaul the global financial system. The biggest change since Bretton Woods.
Interoperability and Standards are going to be key @quant_network have laid the foundations for Overledger to be the global infrastructure for CBDCs
36-Tweet🧵👇🔥 $QNT
2/ 80% of Central Banks are now researching the deployment of CBDCs. The decline of cash usage, global stablecoins like Libra, COVID, need for lower cast / faster payments have all rapidly reduced the time at which CBDCs will be implemented.
3/ @RaoulGMI recently did a excellent video explaining the profound change this will have and encourage everyone to watch. Also, the highly anticipated interview with @gverdian is due to be released this week on @RealVision