![]() Something that makes Quant a little different from most of its competitors is that it is closed-source. Overledger addresses this issue, sitting on top of them rather than struggling to match them up.” Different structures and working mechanisms make it harder to build a common interface. The idea behind this particular network is that it uses a program called Overledger, which claims to provide accessible, easy-to-use plug-and-play solutions to connect up enterprise software and blockchain platforms.Īccording to the whitepaper: “One of the challenges with digital ledgers is they exist in silos. So it should not be too much of a surprise to learn that there are some platforms that aim to solve those problems – and Quant is one of them. That said, although pretty much every cryptocurrency that isn’t ripple ( XRP) relies on blockchain technology to work, there are some problems that blockchains face.įor instance, although a lot of blockchains are able to sustain a significant amount of decentralised applications ( DApps) and other platforms, most of which have their own crypto tokens, there are often problems when it comes to crossing over from one blockchain to another.įurthermore, when a blockchain becomes busy, transaction speeds can slow down which, in turn, can make things more expensive than it should be. ![]() The idea that you can have a decentralised ledger where every transaction and change is recorded, but with no overall authority controlling it, caused something of a small revolution – and one that has led to the multi-billion dollar crypto industry being a mainstay. ![]() In the world of cryptocurrency, the blockchain is the key that keeps everything going. ![]()
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