1/ @MIT discussing the need for blockchain gateways to achieve interoperability across different blockchain networks, and to support the cross-blockchain mobility of virtual assets

https://t.co/PbjQkSlTT3

@quant_network are collaborating with MIT in the creation of ODAP

$QNT

2/ "In order for blockchain-based services to scale globally, blockchain networks must be able to interoperate with one another following a standardized protocol and interfaces (APIs)"

Gilbert founded ISO TC307 which 60 countries are working towards standardizing the interfaces
3/ "We believe that a blockchain gateway is needed for blockchain networks to interoperate in a manner similar
to border gateway routers in IP networks. Just as border gateway routers use the BGPv4 protocol to interact with one another in a peered fashion we believe that a...
4/ blockchain gateway protocol will be needed to permit the movement of virtual assets and related information across blockchain networks in a secure and privacy-preserving manner"

You can read more about the gateway protocol ODAP in this 21 tweet thread
https://t.co/zh0p8mYiRG
5/
"We motivate the need for blockchain gateways and blockchain gateway protocols in the following summary:

✅Enables blockchain interoperability:
Blockchain gateways provide an interface for the interoperability between blockchain/DLT systems that operate distinct consensus...
6/ protocols and ledger data structures. A gateway fronts its blockchain/DLT system, and exposes a standard interface (APIs) to an external peer (opposite) gateway"

An Overledger Gateway can connect to many blockchains and APIs and enables access to them all through a single API
7/ Other Overledger Gateways will then connect to each other to connect blockchains / resources that are not directly connected to the gateway. They will do this through Open Digital Asset Protocol (ODAP)
8/
"✅Ensures blockchain network autonomy:
The use of gateways as the interface point between
blockchain networks permits each blockchain network to evolve, where new innovations and new technologies can be deployed interiorly within a blockchain network without..
9/ affecting other external blockchains. In this way, a blockchain network truly behaves as an autonomous
network in the same vein as the original vision of the IP Internet."

Quant's solution was designed with this in mind, taking inspiration from TCP/IP
https://t.co/YqFeVqrlFj
10/"✅Enables virtual asset mobility:
There is a growing need for virtual assets to be moveable
across blockchain networks, a need that will only increase with growth of CBDC tokenized currencies. The use of blockchains permit innovative asset movement protocols to be developed..
11/ that can be implemented by gateways across standardized APIs. Such asset movement protocols can be designed for specific asset types and be operated by gateways according to the different regulatory jurisdictions in the world."
12/ Quant's Multi-Ledger Tokens enable assets to be moved across any blockchain whilst changes of ownership are recorded and a clear, auditable record is maintained. Opening up the walled gardens of many eMoney solutions
13/
"✅Enforcement point for AML/KYC regulations and international taxation:
Gateways as the “landing points” for virtual asset entering into (departing from) blockchain networks becomes
an enforcement point for AML/KYC regulations...
14/ Furthermore, for cross-border movement of assets the gateways also become “checkpoints” where international taxation concerns can be addressed and implemented."

Quant are working with regulators to enable a compliant solution to be used by Central Banks, Banks, Governments
15/
"✅Enables integration with legacy systems:
The use of a standardized gateway-protocol between
peers of gateways permits one of the blockchains to be substituted for a legacy system (e.g. financial database systems) without impact to the remote peer...
16/ That is, a standardized gateway protocol can be use to hide the fact behind the gateway lies a legacy system. The
gateway hides the complexity of the interiors of the system that it fronts – be it legacy data systems or new blockchain/DLT systems."
17/ Quant's solution seamlessly integrates with existing legacy systems as well as the ability to connect to any blockchain (current and future), providing a scalable, compliant, secure solution to form the foundations of the next Internet. $QNT

More from Crypto

A primer on how to use @coingecko for your crypto data/research/trading needs.

Share it with a friend who needs it!

1/ Getting started with crypto and want to check prices/projects? https://t.co/LFnk4vukxj has info on just about every crypto you'll need :)


2/ Search over 6000+ cryptocurrencies available on the market. You can see what's trending in the space as well.

Researching by categories? Filter (left side) -> Select categories -> DeFi, DOT ecosystem, Exchange-based tokens, NFTs - anything!


3/ Lets say you're looking at #Bitcoin
https://t.co/g205lj03pG

At a glance you get:
- Price
- Mkt Capitalization (valuation)
- Circulating/Total supply
- 24h trading volume
- Links to websites, social media, block explorers
- Calculator

Next - check valuation?


4/ Market cap is used to rank coins, and we'll show you how its calculated - Hover over Circulating Supply (?) for breakdown.

Note: used @chainlink as example here - https://t.co/Jc46fe79Ag

While MC is important also consider product fit, narrative, team, community etc.


5/ If you're trading on AMMs like @Uniswap or @SushiSwap, you can copy the contract address directly to your clipboard.

Using @metamask_io? Add the token directly so it shows as one of the "Assets" that you own in the wallet.

See: https://t.co/94XihMf5oz
1/ A thread on Nexgen’s Arrow & the #uranium cycle ($NXE)


2/ Given the scale and cost structure of Arrow, it makes sense that investors are intensely focused on its delivery timeline. This thread will discuss possible timelines, current market expectations (i.e., what’s “priced in”) & how different Arrow scenarios will impact the mkt.

3/ As you can see from the litany of responses to Michael’s tweet, there is great skepticism in the market regarding Arrow’s timeline. This is largely due to a bearish narrative conveyed by competing CEO’s whose assets only hold value if Arrow is substantially delayed.

4/ Those who played “King of the Hill” as a child would remember that it is the person at the top who is constantly attacked, not the kid sitting at the bottom of the hill in the mud. No one cares enough about that kid to attack them. This is a good parable for $NXE & Uranium.

5/ First a quick note on “this cycle” – Segra generally defines this cycle as the deficits forecasted from the mid-2020s to late-2030s. When people imply an asset producing in the mid-to-late 2020s will “miss the cycle”, they clearly have not done any real S/D modelling.

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