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However, I checked it, and things looked good on that end. They prove their metal by building a product that works and get used.Īdditionally, there is a whole controversy about their token supply. Overledger is similar to Quicknode, which works fine without a token. Why do you need a token for a centralized company? Why do you want to get paid in your own token when you can get paid in USD? If there is no adoption, why their token marketcap is more than $1.5 billion?Īdditionally, I never understood these utility tokens. Quant network token QNT is used to buy licenses of its products. Infura’s top organic keywords Quant Network Tokenomics No pull requests, no issues, very small number of forks. I think no one uses them because let me show you what usage looks like.īelow is Github of Overledger SDK you see 0 everywhere. This is a very basic type of functionality, you won’t be able to build a crypto wallet using it, and they are buzzing things like mDapps aka Multichain dapps. Overledger APIs allow only a few options, like Create and sign a transaction, search addresses and transactions and subscribe to address changes. So it’s been four years, and when I inspected the project, it delivered a very basic project. Quant network finished its ICO in May 2018. The only thing matters are your efforts and delivery. However, it doesn’t matter what your vision is. People have different visions, and I understand it. It sounds good, so what’s the problem?Įverything above sounds good, but why do I think Quant network $QNT doesn’t worth it? Under Delivered

Now Let’s say I create a service using which you can update status on both Facebook and Twitter. Let’s say you use both Facebook and Twitter. As a developer, I know most of the time, the developer looks for some SDK for APIs, which abstracts many complexities when using any third-party APIs.įor example, if you want to interact with the Ethereum network, you will use web3.js as SDK with an API gateway like Quicknode or Infura. Overledger SDK is a wrapper for Overledger APIs. In other words, Overledger is a layer that provides you with one interface to talk to blockchain regardless of any blockchain. However, rather than providing direct access to Blockchain Node APIs, they have built a middle layer, which tries to provide uniformity when working with multiple blockchains. Overledger is an API gateway similar to Infura and Quicknode. Most EVM chains like Ethereum, BSC, and Matic are compatible with Web3 js. There are tons of them the most popular is Web3 JS. Many companies like Quicknode, Infura, and Blockdaemon does it.Īdditionally, anyone can create a library using this JSON RPC to simplify it. Now anyone can host nodes and give you access to Ethereum node, so you can read and write from the blockchain. When you run a node, you can interact with it using the command line as well as Ethereum clients have also exposed JSON RPC.

When you run this implementation on a machine, that machine is called a blockchain node,.

Ethereum clients are implementing protocol (For ex - Geth),.

To explain how Overledger works, First, let me explain how people interact with the blockchain.

Overledger is an API gateway that provides a uniform way to interact with multiple blockchains. Quant network says it’s trying to solve blockchain interoperability problems and a product called Overledger.

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