Mission of Quanta:

Use the available technology to develop a public blockchain with the purpose of creating a real fast and scalable decentralized Exchange, in order to support thousands of transactions carried out quickly and safely.

Technology behind Quanta

Although Bitcoin and other cryptocurrencies such as etherium, litecoin or ripplen are the dominant ones in the world market, we must recognize the current trends and the growth that different tokens have had which offer solutions to day-to-day problems, that is, They offer functionality, and what does Quanta see in this? An opportunity to offer a system that allows its exchange in a fast, safe and scalable way

Technology behind Quanta

How could Quanta achieve all this?

• On-chain order book 1 distributed memory pool: this model is based on the creation of two ways of storing the data, one where only the transaction data is stored and another general ledger for settlements. In this case the nodes are designed to perform various functions such as proxy and coordinator

Quanta whitepaper

• Dual-ledger byzantine fault (DLBFT): This mechanism is what would provide security to the memory pools, DLBFT is a way to achieve consensus in two stages, with two users who know each other and can give their approval to each transaction, this method would be called Federated Byzantine Agreement.

Quanta whitepaper

• Cross-chainarchitecture: Modifications in already known protocols usually generate conflicts and work to adapt the software or hardware in some cases, but in the case of Quanta, a cross-chain architecture was developed that does not need modifications in the other blockchain to support their transactions.

Quanta whitepaper

Benefits of Quanta on other exchanges

Thanks to the aforementioned technologies and protocols Quanta offers us the following characteristics:

• Security
• Low latency
• High throughput
• Lower cost
• Unbounded data growth
• Liquidity
• Stable fees
• Staking

Currently the tokens are available for purchase, we hope that in the next month the testnet will start.

Usecase

Fran is a Venezuelan immigrant passionate about the world of cryptocurrency and business, he decided to emigrate to Australia where he opens a coffee, which has been very successful but many clients have requested to pay with different tokens.

Fran needs an Exchange that allows the fast and safe exchange of such tokens, this is when Joe knows Quanta and decides to implement it in his business since it covers his needs: exchange of tokens, easy, fast, simple and safe.

Personal opinion:

Quanta has recognized the various problems that exist with the Exchange; centralization, slowness, security breaches, etc. After recognizing these problems, he has decided to work on protocols to solve them.

In today's world where most transactions are required immediately Quanta offers us a solution to this as its main innovation is the speed at which tokens can be transferred.

Quanta website
Quanta whitepaper
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