Bitcoin (BTC) vs Quant (QNT)

Bitcoin is an electronic payment network that is distributed, decentralized, immutable, censorship-resistant, and peer-to-peer. It is based on principles of cryptography and operates through independent contributors, miners, and node operators. The Bitcoin network also introduces a new security mechanism called Proof of Work. The native currency of the network, bitcoin, is often considered digital gold. Announced in 2008 and officially launched in 2009, Bitcoin is an alternative to traditional payment systems, allowing users to bypass trusted financial intermediaries.

Quant Network is a service provider for developers, whose overall ambition is to build interoperability between blockchains and distributed ledgers of various ecosystems. Quant's technology, called Overledger, sits on top of existing blockchains and enables the development of multi-chain decentralized applications, meaning those that rely on multiple networks simultaneously.