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	194.86USDT	-1.90%	108,864.67QNT	300,337	198.63USDT	212.87USDT
2	QNT-USD QNT-USD	coinbase	AA	194.80USD	-1.79%	85,306.62QNT	36,640	198.36USD	213.90USD
3	QNT-USD QNTUSD	kraken	AA	194.80USD	-1.84%	42,665.33QNT	18,138	198.46USD	213.00USD
4	QNT-USDT QNT_USDT	whitebit	BB	194.68USDT	-2.05%	17,456.00QNT	85,003	198.75USDT	213.14USDT
5	QNT-USDT QNTUSDT	bybit	A	195.29USDT	-1.63%	16,461.63QNT	39,112	198.53USDT	212.87USDT
6	QNT-USDT QNT_USDT	gateio	A	194.99USDT	-1.81%	14,851.88QNT	37,132	198.59USDT	213.01USDT
7	QNT-USD qntusd	bitstamp	AA	195.09USD	-1.59%	11,716.04QNT	4,346	198.25USD	212.82USD
8	QNT-USDT QNTUSDT_SPBL	bitget	BB	194.86USDT	-1.89%	6,653.73QNT	23,882	198.62USDT	213.03USDT
9	QNT-USDT QNT-USDT	kucoin	BB	194.93USDT	-1.82%	6,510.95QNT	17,916	198.54USDT	213.00USDT
10	QNT-EUR QNTEUR	kraken	AA	173.65EUR	-1.74%	5,310.81QNT	4,217	176.73EUR	189.15EUR
11	QNT-USDC QNT_USDC	whitebit	BB	194.55USDC	-1.74%	2,735.06QNT	3,600	198.00USDC	213.18USDC
12	QNT-USD QNT_USD	cryptodotcom	AA	194.68USD	-1.87%	2,629.79QNT	37,104	198.39USD	212.90USD
13	QNT-USDT QNT_USDT	cryptodotcom	AA	194.87USDT	-1.87%	1,866.70QNT	46,134	198.60USDT	212.93USDT
14	QNT-USD qntusd	gemini	A	195.12USD	-1.65%	458.13QNT	2,271	198.39USD	211.90USD
15	QNT-EUR qnteur	bitstamp	AA	173.06EUR	-1.71%	334.30QNT	208	176.07EUR	188.75EUR
16	QNT-USDT QNT-USDT	coinbase	AA	194.98USDT	-1.96%	111.46QNT	155	198.87USDT	212.44USDT
17	QNT-USD QNTUSD	cexio	BB	207.63USD	3.17%	6.61QNT	13	201.25USD	208.29USD
18	QNT-USDC QNTUSDC	cexio	BB	195.13USDC	-2.26%	0.2020QNT	2	199.64USDC	199.64USDC
19	QNT-EUR QNTEUR	cexio	BB	179.76EUR	0.51%	0.1122QNT	1	178.85EUR	179.76EUR
20	QNT-USDT QNTUSDT	cexio	BB	198.20USDT	2.02%	0.08232QNT	1	194.29USDT	198.20USDT
21	QNT-USD QNTUSD	itbit	BB	73.09USD	0.00%	0QNT	0	73.09USD	73.09USD
22	QNT-USDT QNTUSDT	bitrue	D	195.22USDT	-1.70%	44,546.83QNT	176,054	198.60USDT	212.86USDT
23	QNT-USDT qntusdt	huobipro	C	195.83USDT	-1.43%	27,093.12QNT	80,352	198.67USDT	220.60USDT
24	QNT-EUR QNT-EUR	bitvavo	B	173.63EUR	-1.73%	24,549.21QNT	7,530	176.68EUR	189.20EUR
25	QNT-XRP QNTXRP	bitrue	D	147.00XRP	0.34%	19,837.47QNT	79,185	146.50XRP	153.40XRP
26	QNT-USDT qnt_usdt	lbank	C	195.50USDT	-1.58%	18,066.59QNT	30,048	198.64USDT	212.74USDT
27	QNT-USDT qnt_usdt	xtpub	-	195.20USDT	-1.71%	16,183.91QNT	17,455	198.60USDT	212.70USDT
28	QNT-USDT QNTUSDT	mexc	C	195.34USDT	-1.65%	6,163.56QNT	5,899	198.61USDT	213.07USDT
29	QNT-EUR QNTEUR	bit2me	B	173.65EUR	-1.74%	5,268.12QNT	4,163	176.73EUR	189.15EUR
30	QNT-USDT sQNTUSDT	phemex	C	194.67USDT	-1.83%	4,909.21QNT	9,695	198.30USDT	212.70USDT
31	QNT-TRY QNTTRY	btcturk	E	9,670.46TRY	-1.81%	4,474.18QNT	2,498	9,849.09TRY	10,880.00TRY
32	QNT-USDT QNT-USDT	bingx	D	195.22USDT	-1.75%	4,283.39QNT	67,895	198.70USDT	212.50USDT
33	QNT-USDT QNT_USDT	bitunix	C	195.01USDT	-1.85%	3,366.28QNT	30,074	198.68USDT	212.66USDT
34	QNT-USDT QNT-USDT	bigone	-	195.23USDT	-1.74%	2,723.90QNT	4,851	198.68USDT	212.57USDT
35	QNT-USDT QNT_USDT	bydfi	-	195.32USDT	-1.62%	1,833.84QNT	2,467	198.54USDT	213.01USDT
36	QNT-ETH QNT_ETH	bilaxy	-	0.08457ETH	-2.17%	891.19QNT	511	0.08645ETH	0.08925ETH
37	QNT-USDT QNTUSDT	btcturk	E	195.50USDT	-1.82%	872.99QNT	541	199.12USDT	212.94USDT
38	QNT-IDR qntidr	indodax	E	3,520,000.00IDR	-1.83%	424.00QNT	764	3,585,528.00IDR	3,823,000.00IDR
39	QNT-USDC QNTUSDC	mexc	C	195.01USDC	-1.76%	341.25QNT	3,121	198.50USDC	212.05USDC
40	QNT-USDT QNTUSDT	binanceusa	B	195.23USDT	-1.89%	276.94QNT	164	198.99USDT	212.27USDT
41	QNT-AUD QNTAUD	coinjar	B	282.20AUD	-1.19%	3.20QNT	6	285.60AUD	300.10AUD
42	QNT-INR QNTINR	coindcx	-	19,792.00INR	-1.63%	175.92QNT	330	20,119.90INR	21,530.00INR
43	QNT-USD QNTUSD	coinjar	B	198.00USD	-1.25%	32.80QNT	10	200.50USD	200.70USD
44	QNT-USDT QNT_USDT	bitmart	B	60.13USDT	0.00%	0QNT	0	60.13USDT	60.13USDT
45	QNT-THB THB_QNT	bitkub	C	6,529.55THB	-2.65%	134.28QNT	102	6,707.07THB	7,129.36THB
46	QNT-USDC QNT-USDC	coinjar	B	197.40USDC	-1.60%	66.77QNT	23	200.60USDC	211.00USDC
47	QNT-USDT QNT_USDT	poloniex	C	194.75USDT	-2.08%	115.43QNT	3,543	198.88USDT	212.40USDT
48	QNT-CAD QNT_CAD	ndax	C	270.00CAD	-4.52%	92.53QNT	91	282.77CAD	302.00CAD
49	QNT-GBP QNTGBP	coinjar	B	147.70GBP	4.23%	61.80QNT	15	141.70GBP	149.40GBP
50	QNT-USDT QNTUSDT	latoken	D	197.61USDT	-0.70%	51.88QNT	548	199.00USDT	212.63USDT