Today marks a huge milestone in Quant’s history – the launch of Overledger Network
The release of Overledger Network is the culmination of almost two years’ work. In June 2020, we launched the Overledger 1.0 testbed network. Hundreds of community members and developers helped to test and develop multi-DLT applications (mDApps), giving feedback on the network, and, as a result, we made major improvements to our technology.
Now, with today’s launch of Overledger Network, developer mDApps which migrate to Overledger 2.0 will be able to now use, initially, our distributed network of Remote Connector Gateways (RCGs) around the world to carry out transactions on Bitcoin, Ethereum, and Ripple. These will be continuously rolled out and added to the Overledger Network in a phased way with all transactions distributed by an algorithm which will weigh the traffic against the cost, accuracy and reliability of each gateway. The Overledger Network allows Enterprise customers to host gateways to interoperate and unlock private digital assets and permissioned DLTs to the rest of the world.
“We’ve delivered a huge volume of enhancements to Overledger 2.0 in 2021, but the one we’re most proud of is Overledger Network,” said Gilbert Verdian, CEO, Quant. “Since launching our testbed network in 2020, we’ve listened to our community and taken on board their recommendations. As a result, we’ve created an architecture that’s more robust, scalable, and user friendly. We can’t wait to see the response to Overledger 2.1.”
For more details, see the full release notes: Release notes 2.1.0
View the video from our CTO, Peter Marirosans, talking about today’s release.
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