Crypto Nova Profile picture
Oct 4 22 tweets 7 min read
1) The biggest innovation the #crypto industry needs is making blockchains work together.

The ones leading the race to TRUE interoperability are:

$QNT
$ATOM
$DOT

But who is doing it better?

THE BATTLE OF THE GIANTS

🧵👇

#Quant #Cosmos #Polkadot
2) With the emergence of new blockchain protocols almost everyday the cryptocurrency industry won't ever be able to move forward if we don't find a way to make them work together.

Can you imagine having to use more than 1000 different layer 1 protocols someday?
3) A few projects have noticed this and have stepped up to make blockchains work together in TRUE interopability fashion.

While also important, we are not looking at "swap interopability" ( $RUNE, $Router, $CHNG,...).

This is al about development on multiple chains.
4) The ones doing it best and quite possibly the only ones are QNT, ATOM and DOT.

There are some key difference however. We'll be looking at:

• Infrastructure
• Interoperability
• Audience
• Developer support
• mApps vs dApps

Lets go 🔥
5) INFRASTRUCTURE PART 1

- Quant is not a blockchain. It uses Overledger (operating system) to connect different blockchains.

- Polkadot is a layer 0 blockchain. Other blockchains can be built on polkadot and sent data to each other easily.
6) INFRASTRUCTURE PART 2

- Cosmos exists as a platform for different blockchains. They can communicate through their IBC protocol.
7) INTEROPERABILITY PART 1

- Quant looks to connect almost ALL sectors and is not limited to blockchains only.

• APIs
• Blockchains
• Data providers
• Financial systems
• Enterprises

- Polkadot aims to interoperate only Parachains which are blockchains built on Polkadot.
8) INTEROPERABILITY PART 2

- Cosmos aims to interoperate only zones which are blockchains built on Cosmos.

Comparing interopability it's clear Quant is targeting a potential larger market.

This doesn't mean it's better or worse however. Every project targets its own niche.
9) AUDIENCE

- Quant doesn't really target individuals or developers. They focus on companies, enterprises and partners including banks.

- Polkadot and Cosmos are more interested in getting companies and developers to build blockchains on them.
10) DEVELOPER SUPPORT PART 1

All of these 3 take developer support super serious with tutorials, grants and programs available.

BUT it's here where the bigger differences take place.

- Quant introduces mApps to developers, which are multi-chain decentralized applications.
11) DEVELOPER SUPPORT PART 2

- Quant introduces mApps which are basically dApps that can be built on multiple blockchains at the same time.

- Cosmos and Polkadot give developers the ability to connect normal dApps to each other.

What's the difference?
12) mApps VS dApps PART 1

- mApps use "treaty contracts" instead of "smart contracts".

This allows contracts to run off-chain AND on multiple blockchains at the same time.

- dApps are still limited to a single blockchain. You are stuck with the pros and cons of the chain.
13) mApps VS dApps PART 2

With mApps you can take the best part of 1 chain like the security of ethereum and combine it with the scalability like high TPS from Fantom.

Combining the absolute best of every chain without the limitations of one.
14) mApps VS dApps PART 3

dApps can only use multiple chains if you connect different dApps together.

An individual dApp is still stuck to the pros and cons of the chain it chose to built on.

MApps in general have greater utility than a dApp built on a single blockchain.
15) CONCLUSION:

All three of these projects open the world to a multi-chain future.

Due to this they will ALL have a chance at a place in the future economy especially since all 3 of them are fairly large already and as such have a far lesser chance of failing.
16) Connecting dApps on individual blockchains together is equally needed as allowing a dApp (called a Mapp) to be built on multiple blockchains immediately.

Although I'm a pretty big fan of all three I'm not going to lie that Quant really is a beast on its own.
17) Cosmos and Polkadot more or less directly compete with each other through their solutions to take on interopability.

Quant however really has no competition yet in its solution to take on interopability.

mApps are also pretty awesome as well as Quant targeting ALL sectors.
18) While almost any project I discover or write an overview thread about I always get the same comments.

• "Isn't crypto X also doing this"?
• "Isn't crypto Y doing this better"?

Talking about Quant there was never actually anyone able to comment a direct competitor.
19) Simply because there is none.

There was never any debate and I'm writing this as unbiased and objective as can be as you are always used to see from me.

That doesn't mean Cosmos and polkadot have many though. They likely only have each other (at the moment).
20) Although I'm mostly in stables right now due to the macro conditions I'm likely more inclined to take positions in both QNT and ATOM in the near future.

Purely because I have a small stronger preference towards Cosmos instead of Polkadot.

Nova out ❤️
21) If you want to keep up to date to most of my content and interesting projects give me a follow @CryptoGirlNova.

I also research the communities top voted cryptocurrency every week so you can keep track of all the most exciting projects.

Your favorite writer Nova 📘
22) 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 ❤️

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More from @CryptoGirlNova

Oct 2
1) In today's market it's increasingly difficult to select high quality cryptocurrencies.

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

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

Read on 🧵👇

@verasitytech #Verasity #Vra Image
2) The last 17 years we have seen an immense explosion of video-sharing platforms.

Since the start of YouTube countless others like Tiktok or Twitch have entered the market.

This opened the door to an entire new industry that we couldn't imagine living without anymore.
3) Like any other industry in today's market these are owned by centralized corporations.

This means they ALWAYS profit the most from other people's work.

Creators get small compensations, advertisers get exposure and the corporations keep most of the money.
Read 21 tweets
Sep 30
1) Everyone tells you to take PROFITS in #crypto but doesn't share how.

Here are the 3 strategies you absolutely have to apply for optimal results.

🧵👇
2) Almost anyone will always take profits to soon or to late.

There is no magic formula to time the market but there are strategies you can use to optimize your crypto gains.

Lets begin with showing you the method that basically always works.
3) REVERSE DOLLAR COST AVERAGE.

Everyone is saying to dca your purchases.

Have you ever considered the opposite is also true and SUPER effective?

Instead of spreading your buys in a downtrending market you can also spread your sells in an uptrending market.
Read 19 tweets
Sep 28
1) In today's market it's increasingly difficult to select high quality cryptocurrencies.

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

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

Read on 🧵👇

@ClearpoolFin #Clearpool Image
2) DeFi enthusiasts looking to have access to liquidity are faced with a lot of challenges today.

The DeFi space is still quite underdeveloped when compared to its traditional counterpart.

For example, there are no reliable credit scores, risk profiles, etc.
3) Clearpool is focused on developing lending in the DeFi space to become comparable with traditional finance.

This protocol is focused on revolutionizing the way institutions have access to uncollateralized liquidity.
Read 18 tweets
Sep 27
1) In today's market it's difficult to select high quality cryptocurrencies.

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

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

Read on 🧵👇

@shimmernet @iota #Shimmer #IOTA $MIOTA
2) For the first time since the start of IOTA in 2015, a new token is introduced to the world called Shimmer (SMR).

Shimmer isn't just any other project. It serves as IOTA's staging network which is a pretty big deal.
3) Launched last year in 2021, the Shimmer Network is basically a Layer-1 innovation network that will push the growth of interoperable digital assets.

Alike IOTA, Shimmer is also a DAG-based parallelized settlement layer with a higher L2 anchoring capacity.
Read 14 tweets
Sep 26
1) In today's market it's difficult to select high quality cryptocurrencies.

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

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

Read on 🧵👇

@Meter_IO #Meter #Mtrg Image
2) Meter is a DeFi infrastructure with a built-in currency called MTR.

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3) Meter is working to achieve three things with Meter’s DeFi infrastructure:

• Complete Bitcoin’s original vision and create a stable currency independent of the fiat system.

• Address performance issues.

• Run as a side chain to enable scaling and value interaction.
Read 16 tweets
Sep 22
1) Analyzing crypto can be SUPER time-consuming.

Here are the 6 quality checks you need to do to make your research as short as possible.

(checklist at the end).

🧵👇
2) We'll be looking into the next 6 metrics to make your analysis as comprehensive as possible without sacrificing quality.

• Idea
• Technology
• Team
• Key figures
• Marketing
• Community

Lets go into more detail.
3) IDEA

• Understand the basic concept behind the project.

You can't begin to value an asset if you don't even know what they are doing.

• Is it solving a problem?

Ask yourself if the world really needs this or if the masses can really use this.
Read 17 tweets

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