Today we go live on mainnet with the Fusion Rollup, the world's first multi-ledger rollup, connecting 74 blockchain networks in one unified environment, built for institutions.
When I started @quantnetwork in 2015, the vision was simple: make blockchain work for institutions at scale across any network, without the complexity and fragmentation that's held the industry back.
For years, institutions had two bad options: bet everything on a single chain, or stitch together insecure bridges across many. Fusion refuses that trade-off. It connects to many networks at once, moving assets, settling transactions, and messaging across chains as built-in capabilities, not workarounds.
The breakthrough is unified assets. A example of a stablecoin like USDC or tokenised fund like BUIDL or any other digital assetspread across 7 chains collapses into one: uUSDC or uBUIDL. One asset, one liquidity pool, instead of 7 copies and 7 fragmented pools. Each stays anchored to its origin chain and is withdrawable anytime. No custody or compliance trade-offs.
This isn't another layer 2 or a blockchain. It's a new category of infrastructure and it's live.
Read more on: https://t.co/MGfs1FgA6T
→ https://t.co/OQBfu2CEZb
→ https://t.co/4o9nnaA7zc
#QuantFusion #EnterpriseBlockchain #MultiLedgerRolleUp #FusionRollup
🚨 I just learned about a concept, I can't stop thinking about.
The Four Burner Theory.
It destroyed Elon Musk's first marriage.
It explains why Bezos is jacked but divorced.
And why Zuckerberg has no real friends.
Once you understand it, your life will never be same:🧵
We had been through the darkest hours, when hope flickered like a candle in a storm. But memoirs are for the wistful, moans are for the weak.
We stay strong and keep building, until all dreams come true.
#NetX#LFG
@IvanOrsanyi@triaslab@netx_world i did migrate my erc-20 trias from ledger —> metamask —> swapped to netx. should work the same way with heco chain?
Following the Commission's vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.
The end…and now back to business.
JUST IN: 🇺🇸 US House Committee on Financial Services says next week the House will deliver on President Trump's call to make the US the "crypto capital of the world."
Soon, you'll be hearing a lot more about Redbelly Network... from the same group that created Wi-Fi... $RBNT
𝐒𝐨 𝐰𝐡𝐨 𝐢𝐬 𝐑𝐞𝐝𝐛𝐞𝐥𝐥𝐲 𝐍𝐞𝐭𝐰𝐨𝐫𝐤?
Redbelly Network is the first formally verified, compliant blockchain that uses sharding to scale. Led by Prof. Vincent Gramoli, one of the most cited men (if not the most cited) within the blockchain literature with years of work put in thus far. Not only will they be the only blockchain to secure more TVL than Ethereum, and by virtue have the highest value-locked in crypto, but they'll also have AT LEAST 315,000 DAU through their partnerships with Liquidise and Hutly from the get go. Liquidise plans on issuing tokens for ~$800 million in equities on the Redbelly Network, whereas Hutly plan on tokenizing around 1.8 billion in rent rolls. This is just the start of the tokenization process, with further sectors being on-boarded ranging from carbon offsetting to corporate trustees - Larry Fink would be proud.
𝐇𝐢𝐬𝐭𝐨𝐫𝐲 & 𝐁𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝
• 2015 - 2016
RBNT started out as an idea in when Prof. Vincent Gramoli discovered technical vulnerabilities in Ethereum. This spurred him on to create a "formally verified" blockchain, e.g. offering a "parameterised model checking" that checks the blockchain consensus protocol itself.
• 2017 - 2018
They carried out the then-largest blockchain experiment on cloud infrastructure in partnership with AWS, involving 1000 machines across 4 continents, before patenting their formally verified blockchain in 2018.
• 2019 - 2020
This aforementioned research led the Australian Research Council to fund Redbelly with a grant worth $1.3 million. Following on from this grant, in 2020, the Australian Government included Redbelly in its blockchain roadmap.
• 2021 - 2022
The Commonwealth Scientific and Industrial Research Organisation (CSIRO), alongside the University of Sydney and Block8 then seed funded Redbelly before they piloted it in a CBDC national experiment in 2022.
• 2022 - 2024
Since then they've done further research, audits and have continually made partnerships with real-world giants, in the lead-up to testnet launch tomorrow and mainnet launch a couple months from now.
𝐓𝐞𝐚𝐦 & 𝐀𝐝𝐯𝐢𝐬𝐨𝐫𝐬
🧠Professor Vincent Gramoli - CEO, CTO
Global leader in blockchain research, formerly of CSIRO and the University of Sydney
🗣️Tim Bass - CMO
Formerly of Block8, Australia's leading blockchain development studio
🤵Mark Kay - Director
Recently of the University of Sydney, PWC, Accenture
🤵♀️Cathryn Lyall - Director
Notable experience at Deutsche Bank and Fintech Australia
𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 & 𝐂𝐨𝐫𝐞 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐬
In terms of performance, Redbelly has been tested under scientific scrutiny against the likes of $AVAX $SOL $ALGO $ETH and the Move projects like $APTOS $SUI. In this study (as per image), they ran an equivalent amount of Nasdaq and Uber workloads to see how each respective blockchain would fair. It was found that Redbelly was the only blockchain that could cope with such excessive and real world workloads, with no transaction failures unlike the competitors. This study used the Diablo benchmarking suite to standardize the methodology, ensuring a result that is not only fair but significant, leaving no room for bias. RBNT's novel formally verified blockchain allows for one-confirmation finality, meaning there's no requirement or need for rollbacks or a layer-2. To put it another way, Redbelly will use RBNT as gas fees within the ecosystem ad infinitum - while the network continually onboards billions more in TVL and users with every passing month.
A core feature that has arisen from this extra-ordinary performance, is "Pay Connect". This will once again support settlement in the native Redbelly Coin or fiat, and will act as a global payment smart contract for any dApp across the network. At a future date, this will support SWIFT, Visa and Mastercard.
𝐒𝐮𝐦𝐦𝐚𝐫𝐲
We have a project that's been in the works for just shy of a decade, similarly to how $KAS and $QUBIC had years of research behind them. We have arguably the most cited man in blockchain at the helm in Prof Vincent Gramoli. There is direct support from CSIRO, the same CSIRO who patented Wi-Fi that allows me to send this message today. And of course, and relevant to the point, it will operate in a regulatory compliant manner and have the performance to match the expectations of massive institutations - highlighted by the fact they have over $70 billion+ TVL already lined up. This will be the most TVL in crypto. Your massive real-world players aren't going to on-board billions to a shitcoin that launches after two weeks of work.
They're going to tokenize via Redbelly Network $RBNT
Nearly $1 billion worth of assets now on chain for $RBNT 🔥
Slowly but surely.. That number is just gonna keep ticking up
Ignore the noise.. It's all bullshit
$RBNT