Quant (QNT) is a blockchain protocol designed to facilitate interoperability between various blockchain networks. This protocol is aimed primarily at institutions such as banks and asset management companies.
Quant Blockchain Operating System
Quant uses a blockchain operating system called Overledger, which is the ecosystem network on which the digital economy of the future will be built. Overledger allows developers to create decentralized multi-chain applications (called MApps) for their customers.
To create a MApp on the network, developers must have a certain amount of Quant tokens (QNT), which are used to secure the network and reward ecosystem managers.
Quant Advantage (QNT)
Quant (QNT) has several advantages that differentiate it from other blockchain protocols, namely:
Fast
Quant can process 10,000 transactions per second, with a final settlement time of 3.3 seconds. This is much faster than other blockchains, such as Bitcoin which can only process 7 transactions per second, or Ethereum which can only process 15 transactions per second.
Safe
Quant uses pure proof of stake consensus with VRF (verifiable random function) technology. This provides unmatched cryptographic security.
VRF is a function that generates random values that can be verified by others, without needing to know the input. This ensures that managers are selected fairly and transparently, without any manipulation or fraud.
Green
Quant doesn't require much energy (only the equivalent of 7 homes), and its smart contracts purchase carbon credits to ensure its carbon footprint is zero.
This is different from other blockchains, such as Bitcoin or Ethereum, which require enormous amounts of energy and produce high carbon emissions.
How to Get Quant (QNT)
Quant (QNT) can be obtained in several ways, namely:
Buying
You can buy Quant (QNT) on several crypto exchanges, such as Binance, Coinbase, OKEx, Kraken, and Huobi.
Mine
You can mine Quant (QNT) by becoming a manager (validator) who helps secure the network. You only need to have at least 1 QNT in your wallet to participate in the pure proof of stake consensus.
Follow the program
You can take part in programs organized by Quant Network, such as award programs, accelerator programs, grant programs, and community programs.
Conclusion
Quant (QNT) is a blockchain protocol that enables interoperability between various blockchain networks. This protocol offers solutions to challenges faced by traditional blockchains, such as scalability, efficiency, and sustainability.
Quant also has a dynamic, inclusive, and borderless ecosystem, powered by innovative Overledger blockchain technology. If you are interested in finding out more about Quant (QNT), you can visit the official website or follow the latest news.
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To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH ), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read also:
What is Blockchain 1.0? A Blockchain Starting Point
What is Blockchain 3.0? Blockchain Always More Up to Date
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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