Post
Topic
Board Announcements (Altcoins)
Re: Quant Network $QNT (Overledger) - Internet-scale Interoperability Protocol
by
Luke.xd
on 13/03/2019, 01:24:32 UTC
Yes. Overledger has created an infrastructure layer that can connect Any protocol to Any protocol without introducing a middleman bridging chain. They also integrate Legacy systems easily, allowing Enterprise to migrate onto the platform.


That's interesting. And the business paper claims that Overledger works as an OS for multichain apps. Does that mean applications can run across multiple blockchains simultaneously? or is it limited to only 2 chains at a time?

Excellent question. The great thing about Mapps, is it allows for Enterprise to greatly reduce Counter-party risk / single-vendor lock in risks. But more importantly, it actively allows the full potential of Blockchain to be utilised. By allowing Mapps to run on - technically an unlimited amount of Protocols at once - A Mapp can take advantage of the benefits of the all of the chains at one time. For example, a Mapp that requires fast throughput for data computation or payment systems, can push that section of their Mapp into Ripple or Red Belly protocols. While at the same time, their legal contracts/insurance section, can be run on Ethereum or Hyperledger. This means that at any one time, a Mapp can be utilising the BEST parts of every chain.

It also allows for Mapps to be protected against Chain congestion. The team have introduced a "least cost routing" option, that automatically processes data on the cheapest chain - transaction fee wise. This means, that if ETH gets congested for whatever reason, the Mapp won't be affected at all, as they can easily push the traffic onto the other Chains. It truly is an incredible.


That sounds too good to be true. Is this a patented technology?

Another good question. The core 'secret sauce' that runs Overledger is patented to protect their Business development and value creation. Here is a quote that summarises it from Gilbert (CEO)

"It covers how we're doing ordering and filtering to protect the inner core of Overledger. Patents are very important for IP protection. In our example, our patents stop competitors developing TrustTag and Overledger in the way we've done it. Our patents are the EU first but will be covering other regions. Our patent attorneys work very diligently on this."

Importantly, the team have open sourced the framework for developers to build Mapps and their own chain connectors. This means, that innovation is not stifled, it does however mean that Overledger's ground breaking tech remains competitive and keeps the value inside their ecosystem.