Post
Topic
Board Announcements (Altcoins)
Re: Quant Network $QNT (Overledger) - Internet-scale Interoperability Protocol
by
mr_sonic
on 13/03/2019, 18:58:11 UTC
Hey all Smiley Community admin from Quant here.

So from what I'm reading Overledger connects ANY network to ANY network including blockchains and traditional non-blockchain network, Is that true? That'd be amazing if it is true.

Currently it's Bitcoin, Ethereum and Ripple with JP Morgan's Quorum and IOTA in their Quality Assurance department. We've also had hints from the team that interconnects for Alastria, Corda and Red Belly are on the short-term horizon too.

The team intends to release a Standard to allow the community to create a Blockchain Programmer Interface for their favourite projects too.

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?

The filtering and ordering layers ensure Overledger stays in sync with the underlying blockchains, in the case of a fork or an attempt to double-spend it would roll-back and revert the transaction. In the demo at QuantX the team demonstrated a java "mApp" (multi-chain app) that utilities 3 blockchains, to simulate a world where three separate entities (government, insurer and seller) prefer a particular chain.

Is the development of MApps using Overledger open to public like DApps on Ethereum? or is it closed only to Quant Dev team?

Yes :-) Anyone can develop a mApp on "permissionless" blockchains (like BTC, Ethereum etc), however only Enterprises can build on private / consortium chains. At the moment the team is incentivising enterprise with a 3 month free license and support to get started with proof of concepts. Enterprise customers would need to pay for the service using Fiat, for which the Treasury purchases the corresponding amount of QNT.

The mApp store will be open to the public AND there would be mApps for enterprise used internally (not available to public).

Yes, developers can be public or private. Not everything has to be made externally available.