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	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	QNT-USDT QNTUSDT	binance	AA	60.49USDT	-1.72%	14,261.96QNT	16,392	61.55USDT	61.56USDT
2	QNT-USD QNT-USD	coinbase	AA	60.34USD	-1.87%	9,426.22QNT	2,961	61.49USD	61.97USD
3	QNT-USD QNTUSD	kraken	AA	60.36USD	-1.92%	5,875.65QNT	1,974	61.54USD	61.54USD
4	QNT-USDT QNT_USDT	whitebit	BB	60.45USDT	-1.80%	4,814.39QNT	29,480	61.56USDT	61.63USDT
5	QNT-USDT QNTUSDT	bybit	A	60.45USDT	-1.77%	4,135.70QNT	6,068	61.54USDT	61.54USDT
6	QNT-USDT QNT-USDT	kucoin	BB	60.43USDT	-1.80%	1,858.46QNT	1,647	61.54USDT	61.54USDT
7	QNT-USDT QNT_USDT	gateio	A	60.43USDT	-1.92%	1,830.35QNT	723	61.61USDT	61.61USDT
8	QNT-EUR QNTEUR	kraken	AA	52.61EUR	-1.07%	1,730.11QNT	840	53.18EUR	53.28EUR
9	QNT-USDC QNT_USDC	whitebit	BB	60.51USDC	-1.74%	1,097.10QNT	1,589	61.58USDC	61.58USDC
10	QNT-USDC QNTUSDC	binance	AA	60.30USDC	-1.81%	846.52QNT	422	61.41USDC	61.41USDC
11	QNT-USD QNT_USD	cryptodotcom	AA	60.37USD	-1.86%	641.11QNT	1,394	61.51USD	61.51USD
12	QNT-USDT QNTUSDT_SPBL	bitget	BB	60.31USDT	-2.06%	312.22QNT	481	61.58USDT	61.58USDT
13	QNT-USD qntusd	bitstamp	AA	59.80USD	-2.78%	230.24QNT	71	61.51USD	61.51USD
14	QNT-USDT QNT-USDT	coinbase	AA	60.26USDT	-2.21%	247.73QNT	100	61.62USDT	61.62USDT
15	QNT-USDT QNT_USDT	cryptodotcom	AA	60.37USDT	-1.67%	213.71QNT	194	61.40USDT	61.44USDT
16	QNT-USD qntusd	gemini	A	60.55USD	-2.76%	56.83QNT	116	62.27USD	62.30USD
17	QNT-EUR qnteur	bitstamp	AA	52.31EUR	-1.88%	0.6818QNT	3	53.31EUR	53.31EUR
18	QNT-USDC QNTUSDC	cexio	BB	59.83USDC	-7.44%	0.5453QNT	2	64.64USDC	64.64USDC
19	QNT-USDT QNTUSDT	cexio	BB	59.95USDT	-4.57%	0.4481QNT	2	62.82USDT	62.82USDT
20	QNT-USD QNTUSD	cexio	BB	58.89USD	-6.05%	0.4214QNT	1	62.68USD	62.68USD
21	QNT-EUR QNTEUR	cexio	BB	51.75EUR	-3.83%	0.3966QNT	1	53.81EUR	53.81EUR
22	QNT-USD QNTUSD	itbit	BB	73.09USD	0.00%	0QNT	0	73.09USD	73.09USD
23	QNT-EUR QNT-EUR	bitvavo	B	52.75EUR	-1.13%	8,694.61QNT	1,276	53.35EUR	53.35EUR
24	QNT-USDT sQNTUSDT	phemex	C	60.61USDT	-1.72%	6,261.38QNT	8,093	61.67USDT	61.69USDT
25	QNT-USDC QNTUSDC	bitrue	D	60.50USDC	-1.79%	4,863.87QNT	37,921	61.60USDC	61.70USDC
26	QNT-XRP QNTXRP	bitrue	D	46.40XRP	-2.52%	4,777.09QNT	37,824	47.60XRP	47.90XRP
27	QNT-USDT QNTUSDT	bitrue	D	60.44USDT	-1.82%	4,536.40QNT	7,517	61.56USDT	61.56USDT
28	QNT-USDT qnt_usdt	xtpub	-	60.50USDT	-1.79%	4,192.72QNT	6,714	61.60USDT	61.60USDT
29	QNT-USDT qnt_usdt	lbank	C	60.52USDT	-1.71%	3,012.43QNT	3,221	61.57USDT	61.58USDT
30	QNT-EUR QNTEUR	bit2me	B	52.61EUR	-1.07%	1,730.11QNT	840	53.18EUR	53.28EUR
31	QNT-USDT QNT_USDT	bitunix	C	60.51USDT	-1.72%	1,490.35QNT	6,962	61.57USDT	61.57USDT
32	QNT-USDT QNT-USDT	bingx	D	60.51USDT	-1.74%	1,038.58QNT	7,893	61.58USDT	61.58USDT
33	QNT-USDC QNTUSDC	mexc	C	60.41USDC	-1.87%	973.15QNT	3,057	61.56USDC	61.56USDC
34	QNT-ETH QNT_ETH	bilaxy	-	0.02409ETH	-0.09%	904.53QNT	497	0.02411ETH	0.02708ETH
35	QNT-USDT QNTUSDT	mexc	C	60.50USDT	-1.71%	615.66QNT	1,689	61.55USDT	61.58USDT
36	QNT-USDT QNT_USDT	bydfi	-	60.39USDT	-1.88%	521.38QNT	1,694	61.55USDT	61.58USDT
37	QNT-TRY QNTTRY	btcturk	E	2,942.47TRY	-1.25%	338.59QNT	57	2,979.65TRY	2,989.26TRY
38	QNT-USDT QNTUSDT	coinex	C	60.49USDT	-1.61%	303.45QNT	8,625	61.48USDT	61.48USDT
39	QNT-USDT QNTUSDT	latoken	D	60.46USDT	-1.55%	280.48QNT	693	61.41USDT	61.49USDT
40	QNT-USDT QNT_USDT	bitmart	B	60.13USDT	0.00%	0QNT	0	60.13USDT	60.13USDT
41	QNT-CAD QNT_CAD	ndax	C	82.84CAD	-3.42%	132.69QNT	61	85.77CAD	85.77CAD
42	QNT-INR QNTINR	coindcx	-	5,927.20INR	-4.67%	119.11QNT	61	6,217.30INR	6,217.30INR
43	QNT-USDT QNTUSDT	btcturk	E	60.54USDT	-3.52%	38.11QNT	18	62.75USDT	62.75USDT
44	QNT-USDT QNT_USDT	cryptology	D	59.22USDT	0.00%	0QNT	0	59.22USDT	59.22USDT
45	QNT-USD QNTUSD	edxmarkets	C	59.52USD	-4.42%	13.24QNT	7	62.27USD	62.27USD
46	QNT-THB THB_QNT	bitkub	C	1,973.00THB	-5.51%	11.86QNT	17	2,088.08THB	2,088.08THB
47	QNT-USDC QNT-USDC	coinjar	B	65.19USDC	0.00%	0QNT	0	65.19USDC	65.19USDC
48	QNT-BRL QNT-BRL	mercadobtc	C	309.00BRL	-4.41%	9.58QNT	18	323.25BRL	334.52BRL
49	QNT-USDT QNTUSDT	hitbtc	E	59.79USDT	-8.80%	6.85QNT	3	65.56USDT	65.56USDT
50	QNT-USDT QNTUSDT	bequant	C	59.79USDT	-8.80%	6.85QNT	3	65.56USDT	65.56USDT