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23098429 No.23098429 [Reply] [Original]

>Quant is working on solving interoperability for CBDCs
Isn't that the thing that's meant to make XRP moon when CBDCs are released? What does this mean for XRP?

>> No.23098451

>>23098429
it means xrp can literally be used as digital gold in EVERY ecosystem in which value is transacted per the overledger. bullish

>> No.23098577

>>23098451
Why can't Quant do this though

>> No.23098724

>>23098577
This is a really interesting question.
When asked, Gilbert will say Quant will interoperate with everything and everyone, bringing a level playing field to the entirety of crypto.
Now, will a user look at Chainlink/XRP/whatever and conclude there is a better way of doing it using Overledger in some clever way?
I don’t know. All I know is choice is good and QNT will be extremely valuable in the near future.
If you are concerned about Quant impacting the price of XRP, you should hedge by buying some QNT.

>> No.23098741

Bump, you really might want to look into this if you hold XRP. I'm mainly in XRP but I might buy some quant because this is worrying me lmao

>> No.23098754

>>23098724
Good advice. I'm def going to grab a bag because the technology just seems really solid regardless of if it supplants XRP

>> No.23098798

>>23098429
XD talking to yourself? QNT is an overledger. XRP uses Interledger. Not same thing.

>> No.23098894

>>23098798
kek I phrased the bump badly. It was meant to add on to the original post

>> No.23098925

>>23098429
Suicide stack?

>> No.23098930

>>23098724

For Quant to impact the price of XRP, it implies that XRP needs to be worth something.

>> No.23098973

>>23098925
1000 QNT will probably make it next year. If you can’t afford 1000, buy what you can and wait a little longer.

>> No.23099042

Thanks for the advice sirs I'm definitely going to buy a sick bag of qnt

>> No.23099052

>>23098930
It has implications on the future price of XRP seeing as it's potentially solving a problem XRP is trying to solve

>> No.23099053

>>23098930
XRP has a price because it is valued by people that buy it.
The question here: is the price going down because of Quant or not?

>> No.23099100

My question: is XRP finished or is it done?

>> No.23099401

>>23099100
it's not looking good

>> No.23099469

>>23098429
dunno, theres more to value than whatever that is.... flare is going to allow smart contracts for xrp, xrp is dirt cheap and fast.... if anything upon flares release we need to be asking whether the time is up for ethereum, as xrp will be there with smart contracts and coins and running faster than ethereum could ever run and having hardly no fees at all... so we need to instead ask if xrp could bump up and take ethereums place? .... which is also what people ask of cardano too and cardano is stealing eth projects now.. what we will most likely see is dilution of all coins due to too many things doing the same thing.

>> No.23099496
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23099496

You guys made me look up the tokenomics. Quant is an Ethereum bastard token and it has an unknown maximum supply and apparently 14.6M total supply. This is unscalable and I’m not saying it won’t be worth something in the future but XRP is targeting a much higher market cap. Nothing to worry about. Pick up a bag if you’d like, personally my next bag is ALGO

>> No.23099610

>>23099496
QNT is an erc-20 token because when they launched, that was the standard. It’s a licence token, the performance of Quant isn’t affected by Ethereum’s scaling issues.
All 14mm QNT are issued. There is no inflation.
There is no upper limit to Quant’s potential market cap. The actual cap will be determined by usage and adoption.

>> No.23099675

>>23099469
So overledger becomes more and more important and it's literally idiotic to diversify into ETH and its 500 different ETH-killers, when you could invest into the overtoken (QNT) and its unifying overledger network? (I prefer the word "unify" to "interoperate" desu.)

>> No.23099703

>>23099675
*Is Quant a competitor to Unification (FUND) btw, or do they both have different applications?

>> No.23099856

>>23099703
This shocks a lot of people when they first hear it: Quant has no competitors.
They don’t want to compete with anyone since they connect everyone in a many:many manner.
So, blockchains, DAGs, legacy networks and systems will all be interconnected.
No other project matches their tech or the ambition/scope/intention.
The question as to whether Quant makes something redundant isn’t so much that Quant replaces it directly, but there are better/easier ways to do the same thing now Quant’s Overledger exists.

>> No.23099940

>>23099856
Just asking because the name "unification" sounds as if it unifies something, too. And QNT should be described as unifying systems, instead of just offering interoperability in form of middle-man blockchains, because that's what it really does with its mapps, etc.

Also want to buy more, but have to wait on whether there will be a hardfork due to the coinmetro hack. Looks like PRQ already performed a hardfork.

>> No.23100059

>>23099940
Yeah, ‘interoperability’ can be misleading because Quant doesn’t take a middle-man approach ie there are no intermediate blockchains or additional consensus mechanisms.
I don’t think a hard fork is possible because QNT is officially a utility token and it would be considered manipulation for financial reasons.
Anyway, the hacker only got 53k from CoinMetro, which will be easily absorbed if he dumps in one go.

>> No.23100638

Financial Services is just one vertical pillar of Quant.

Quant serves as the TCP/IP routing protocol of the next generation internet.

There's verticals like IoT, healthcare, supply chain, government and telecom.

Most of which XRP would never touch lol, atleast not in the fashion of QNT.

It's literally the internet of blockchains (also legacy/centralized internet).

>> No.23100680

Just fund the blockfyre report:
> https://blockfyre.com/unification-fund/

Referred to QNT as competitor. But then it also sees hashgraph, hyperledger, etc as competitor to QNT.

>> No.23100741

>>23100059
Yes, it is tokenized software which can use all blockchains simultaneously and connect it. It is not a blockchain as that would be a form of centralization. (Hooking all blockchains up to one blockchain like Polkadot, Cosmos etc.)

Then you have Overledger Net, which is basically the tokenized software running at nodes across the globe called Gateways. Their purpose is to ensure availability and low latency.

So their is a clear difference between Overledger (OVL/Operating system) and Overledger Net(OVN)

Both contribute and coexist with each other and are directly linked to QNT token usage.

>> No.23101792
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23101792

>>23099496
>image
fud disregarded

>> No.23102184

Where’s everybody gone?

>> No.23102286

>>23102184
To buy more QNT? It’s hard to resist the next 100x.

>> No.23102465

>>23100638
Is it an OS?

>> No.23102915

>>23100638
How will plebs like us interface with it? Via banks or other entities (maybe even uniswap) who licensed it? And will we therefore all drive demand for the token?

>> No.23103055

>>23099610
>the performance of Quant isn’t affected by Ethereum’s scaling issues
this makes no sense considering the claims that qnt token is needed

>> No.23103122

>>23103055
The token is:
- a licence, so just has to be present in a wallet
- a method of payment, which Quant have been smart enough to ensure is via Layer 2 channels

Like I said, Ethereum’s scaling issues aren’t an issue for Quant.

>> No.23103141

>>23103122
ok buying 100 more

>> No.23103172

>>23102465
Overledger is like a blockchain operating system, yes.
It connects more than blockchains, though. It connects any type of network into a ‘network of networks’

>> No.23103354

>>23103172
Sounds like it should be the #1 priced amongst blockchains (not erc20 tokens), above ETH, XRP, etc. (even if it isn't a blockchain itself)

>> No.23103476

>>23103354
Tbh, should be in the top 10 already. Ultimately top 5.
I guess it will be up there with Chainlink and Polkadot soon enough. That’s a price of $300 to start with.