Question 1

What is Quant?

Accepted Answer

Quant is a cryptocurrency project that launched in June 2018 with the goal of connecting blockchains and networks on a global scale without sacrificing efficiency. To achieve this, Quant has developed the Overledger Network, which it describes as the first blockchain operating system. The Overledger Network is designed to allow applications to operate on multiple blockchains, providing a bridge between them and allowing them to interoperate. This is accomplished through the use of APIs, which allow different blockchains to communicate and exchange data with one another.

One of the key features of the Overledger Network is its ability to support the development and deployment of decentralized applications (dApps). These dApps, also known as MApps (multi-chain applications), can be built by developers and used by their users on top of the Overledger Network. This allows developers to create applications that can function on multiple blockchains, rather than being limited to just one.

In terms of its technical implementation, Quant uses a hybrid consensus mechanism that combines proof-of-stake (PoS) with a unique variant of proof-of-work (PoW) called proof-of-activity (PoA). This hybrid approach is intended to provide the benefits of both PoS and PoW while minimizing their respective drawbacks.

Overall, Quant aims to provide a decentralized, open-source platform that can support the development and deployment of dApps across multiple blockchains, enabling greater interoperability and connectivity within the broader cryptocurrency ecosystem.

Question 2

What is QNT used for?

Accepted Answer

QNT is the native cryptocurrency of the Quant network and serves as a means of exchange and security token on the platform. It enables holders to participate in the governance of the network and can be used to pay fees and secure the network through the proof-of-stake (PoS) and proof-of-activity (PoA) consensus mechanisms. Developers looking to create a multi-chain application (MApp) on the Quant network must hold a specific amount of QNT tokens, which are used to power the Overledger Network and pay for services developed on top of it. QNT is an ERC-20 token, meaning it is built on the Ethereum blockchain and follows the ERC-20 standard.

Question 3

Who created Quant?

Accepted Answer

Quant says its technology is the brainchild of its cofounder Gilbert Verdian, who while serving at HM Treasury in the UK Government in 2009, and later as Chief Information Security Officer for a Department of Health in Australia “realised the full potential of DLTs $$distributed ledger technologies$$.”

The platform was also cofounded by Dr Paolo Tasca, an entrepreneur and digital economist specialized in distributed systems. Dr. Tasca has served as a special advisor on blockchain technology at the United Nations and worked with central banks throughout the world.

#	Instrument	Beurs	Referentiescore	Prijs	24u Verandering	24u Volume	24u Handel	24u Opening	24u Hoogste
1	QNT-USDT QNTUSDT	binance	AA	204.90USDT	-2.70%	97,350.07QNT	287,526	210.59USDT	217.73USDT
2	QNT-USD QNT-USD	coinbase	AA	204.72USD	-2.70%	65,375.83QNT	35,829	210.40USD	217.44USD
3	QNT-USD QNTUSD	kraken	AA	204.74USD	-2.75%	43,258.71QNT	16,520	210.52USD	217.55USD
4	QNT-USDT QNTUSDT	bybit	A	205.03USDT	-2.50%	20,801.01QNT	36,938	210.28USDT	217.78USDT
5	QNT-USDT QNT_USDT	whitebit	BB	204.80USDT	-2.66%	20,361.30QNT	81,376	210.39USDT	217.85USDT
6	QNT-USDT QNT_USDT	gateio	A	204.96USDT	-2.62%	14,725.31QNT	37,278	210.47USDT	217.69USDT
7	QNT-USDT QNT-USDT	kucoin	BB	204.98USDT	-2.66%	11,877.71QNT	20,379	210.58USDT	217.74USDT
8	QNT-USD qntusd	bitstamp	AA	204.86USD	-2.67%	10,799.13QNT	6,771	210.47USD	217.44USD
9	QNT-USDC QNT_USDC	whitebit	BB	204.65USDC	-2.94%	10,358.69QNT	15,203	210.85USDC	217.77USDC
10	QNT-USDT QNTUSDT_SPBL	bitget	BB	205.05USDT	-2.54%	4,654.33QNT	24,916	210.39USDT	217.53USDT
11	QNT-EUR QNTEUR	kraken	AA	182.45EUR	-2.85%	4,571.23QNT	4,312	187.80EUR	193.95EUR
12	QNT-USD QNT_USD	cryptodotcom	AA	204.66USD	-2.74%	2,436.53QNT	50,652	210.42USD	217.52USD
13	QNT-USDT QNT_USDT	cryptodotcom	AA	204.89USDT	-2.71%	512.82QNT	45,819	210.59USDT	217.60USDT
14	QNT-USD qntusd	gemini	A	205.71USD	-1.45%	425.21QNT	2,281	208.74USD	216.56USD
15	QNT-USDT QNT-USDT	coinbase	AA	204.91USDT	-1.80%	153.96QNT	163	208.67USDT	217.19USDT
16	QNT-EUR qnteur	bitstamp	AA	183.63EUR	-1.81%	86.70QNT	90	187.01EUR	192.11EUR
17	QNT-USD QNTUSD	cexio	BB	206.87USD	-6.18%	29.96QNT	13	220.50USD	220.50USD
18	QNT-USDT QNTUSDT	cexio	BB	204.60USDT	0.37%	25.32QNT	4	203.85USDT	213.01USDT
19	QNT-EUR QNTEUR	cexio	BB	183.56EUR	0.19%	0.1264QNT	1	183.21EUR	183.56EUR
20	QNT-USDC QNTUSDC	cexio	BB	206.59USDC	1.84%	0.09481QNT	1	202.86USDC	206.59USDC
21	QNT-USD QNTUSD	itbit	BB	73.09USD	0.00%	0QNT	0	73.09USD	73.09USD
22	QNT-USDT QNTUSDT	bitrue	D	205.20USDT	-2.56%	41,320.00QNT	166,458	210.60USDT	217.73USDT
23	QNT-USDT qnt_usdt	xtpub	-	204.90USDT	-2.66%	28,353.54QNT	35,736	210.50USDT	217.70USDT
24	QNT-EUR QNT-EUR	bitvavo	B	182.25EUR	-2.85%	25,751.16QNT	8,438	187.60EUR	194.18EUR
25	QNT-XRP QNTXRP	bitrue	D	154.30XRP	0.59%	18,116.56QNT	76,316	153.40XRP	159.00XRP
26	QNT-USDT qnt_usdt	lbank	C	205.01USDT	-2.54%	16,054.53QNT	30,375	210.36USDT	217.58USDT
27	QNT-USDT qntusdt	huobipro	C	204.96USDT	-2.69%	10,867.92QNT	34,065	210.62USDT	220.06USDT
28	QNT-USDT QNTUSDT	mexc	C	205.21USDT	-2.42%	4,971.35QNT	4,824	210.31USDT	217.58USDT
29	QNT-USDT sQNTUSDT	phemex	C	205.33USDT	-2.68%	4,683.91QNT	9,782	210.98USDT	218.12USDT
30	QNT-EUR QNTEUR	bit2me	B	182.44EUR	-2.85%	4,198.79QNT	4,165	187.80EUR	193.95EUR
31	QNT-USDT QNT-USDT	bingx	D	205.15USDT	-2.56%	4,121.69QNT	74,730	210.54USDT	217.18USDT
32	QNT-USDT QNT_USDT	bitunix	C	205.00USDT	-2.66%	3,455.88QNT	29,608	210.60USDT	217.74USDT
33	QNT-TRY QNTTRY	btcturk	E	10,133.89TRY	-1.95%	3,215.48QNT	1,603	10,335.88TRY	10,720.56TRY
34	QNT-USDT QNT-USDT	bigone	-	205.03USDT	-2.51%	2,297.05QNT	5,060	210.30USDT	217.71USDT
35	QNT-USDT QNT_USDT	bydfi	-	205.20USDT	-2.38%	1,374.36QNT	2,265	210.20USDT	217.12USDT
36	QNT-ETH QNT_ETH	bilaxy	-	0.07965ETH	0.11%	936.49QNT	534	0.07957ETH	0.09061ETH
37	QNT-USDT QNTUSDT	btcturk	E	205.12USDT	-2.41%	437.59QNT	305	210.18USDT	217.78USDT
38	QNT-USDC QNTUSDC	mexc	C	204.72USDC	-2.59%	387.64QNT	3,136	210.16USDC	217.13USDC
39	QNT-IDR qntidr	indodax	E	3,677,806.00IDR	-1.66%	284.28QNT	941	3,739,790.00IDR	3,950,000.00IDR
40	QNT-USDT QNTUSDT	binanceusa	B	204.76USDT	-3.24%	184.90QNT	204	211.62USDT	217.32USDT
41	QNT-INR QNTINR	coindcx	-	20,775.20INR	-1.90%	168.27QNT	539	21,176.50INR	21,910.80INR
42	QNT-THB THB_QNT	bitkub	C	6,816.74THB	-2.93%	137.73QNT	124	7,022.23THB	7,250.00THB
43	QNT-USDT QNT_USDT	bitmart	B	60.13USDT	0.00%	0QNT	0	60.13USDT	60.13USDT
44	QNT-USDT QNT_USDT	poloniex	C	195.24USDT	-3.48%	106.10QNT	3,232	202.28USDT	301.48USDT
45	QNT-CAD QNT_CAD	ndax	C	295.43CAD	-2.30%	103.14QNT	143	302.39CAD	304.12CAD
46	QNT-BRL qntbrl	foxbit	-	1,037.85BRL	-3.92%	16.25QNT	339	1,080.18BRL	1,235.00BRL
47	QNT-USDT QNTUSDT	latoken	D	204.26USDT	-2.95%	17.71QNT	233	210.47USDT	217.02USDT
48	QNT-USDT QNT_USDT	cryptology	D	59.22USDT	0.00%	0QNT	0	59.22USDT	59.22USDT
49	QNT-USDT QNTUSDT	hitbtc	E	250.99USDT	0.00%	0QNT	0	250.99USDT	250.99USDT
50	QNT-USDT QNTUSDT	bequant	C	250.99USDT	0.00%	0QNT	0	250.99USDT	250.99USDT