Thread by @CryptoGirlNova

1) In today's market it's increasingly hard to select high quality cryptocurrencies.

Most eventually fade away and as such we need to search for the best fundamentals.

A thread🧵on $QNT and why you should take a look at this cryptocurrency.

Read on 👇

@quant_network #quant

2) Let's start with "there is no one blockchain to rule them all".

Different use cases require different blockchains.

A few years ago there wasn't much choice out there for developers.

Ethereum was the first blockchain where Dapps or cryptocurrencies could be build on.

3) In today's market there's a lot more choice and developers can choose between bnb chain, Solana, polygon, fantom and many more.

The biggest problem we have had however is that these blockchains can't work together.

You are stuck with 1 single choice.

4) Let's say you choose ethereum for security. Great! You got that covered.

But it can only handle 15 transactions a second (today).

This creates a lot of limitations for your Dapp as you are stuck with the best AND the worst for your application.

5) But what if you could leverage the best parts of any blockchain and create the most efficient Dapp ever?

What if you could use solana to process 65 000 transactions per second and still use ethereum for security?

6) That's basically what Quant network is doing with what they call multi-chain applications (mApps).

Like the name suggests, these are application built on top of multiple blockchains.

Multiple smart contracts on different blockchains can work together.

7) Today many more projects are trying to solve the interoperability issue but quant was one of the first and is doing it completely differently

Quant Network does not want to make things more complicated by making their own interoperable blockchain that plugs into others.

8) They are building an interoperable blockchain operating system that will sit on top of other blockchains.

They are looking to achieve universal interoperability between blockchains using its Overledger OS blockchain operating system.

9) Overledger allows users to interact with multiple different blockchains simultaneously.

The Overledger OS is intended to be the Windows or macOS of the future network of blockchains.

10) Like any other operating system Overledger will work with an annual licensing fee.

The most important detail however is that this fee needs to be paid in qnt tokens.

While the fee will be reflected in dollars. Users will need to pay an equivalent in qnt value.

11) This directly drives drives up price and real world value of the token.

It will also be used for purchasing goods and services on their Overledger marketplace.

As a direct advantage of being one of the earlier interoperability solvers quant is miles ahead of others.

12) It's also way more efficient as most project try to solve this issue through complicated bridges between blockchains.

Quant is also the frontrunner in facilitating the development of central bank digital currencies.

They have been the nr.1 choice so far.

13) Not only that but it's leading in the development and partnership department.

The first mover always has the biggest advantage.

Look at ethereum today. Most competing chains are more efficient and yet it remains the nr. 1 choice by popularity.

Why? It was the first mover.

14) A lot of it's current and future success has a lot to do with its ceo.

Meet Gilbert Verdian. Gilbert has held prestigious positions at companies like Ernst & Young, HSBC, BP Oil, and Price Waterhouse Coopers.

15) His public sector experience includes working with Her Majesty’s Treasury, the UK Ministry of Justice, the Bank of England, and even the Federal Reserve.

In 2015 Gilbert helped found the Blockchain ISO Standard TC307 which is now used by almost 60 countries around the world.

16) Around that time, Gilbert began laying the groundwork for what would eventually become Quant Network.

In December 2017 Quant Network was officially announced.

Its mission was to solve all the blockchain woes Gilbert saw firsthand.

Solving true interoperability.

17) Like stated earlier, quant is not the only one trying to solve interoperability as this is one of the biggest issues we have.

But it has publicly proven it is leading the race and leading the adoption in this area as it has the most collaborations behind its name.

18) Any project can claim they solve interoperability.

It's only through showcasing their product, partnerships and adoption that they can prove this however.

19) We've hit a point that Quant is so publically accepted by big enterprises that it can't be considered a "hype" or "what if" anymore like many others.

And for this reason it has become and stayed a personal favorite of mine.

Nova out ❤️

20) If you had value from this and liked this thread, it would really bring a smile to my face if you could retweet the first post so this can help as many people as possible.

Everyone deserves free knowledge 📘

Love you all ❤️

First post 👇

https://twitter.com/CryptoGirlNova/status/1551704979588653056?t=ZcrcOwmYfN9gHAQhhzmLDg&s=19