RESERVE UPDATE
Today, the Chainlink Reserve has accumulated 44,109.76 LINK.
As of August 14th, the Chainlink Reserve holds a total of 109,661.68364319 LINK.
https://t.co/BJYimLa2Fv
The Chainlink Reserve is designed to support the long-term growth and sustainability of the Chainlink Network by accumulating LINK using offchain revenue from large enterprises adopting Chainlink and onchain revenue from service usage.
Sergey Nazarov told me about smart contracts and the oracle problem in 2015.
In 2017, we launched Chainlink.
On August 7, 2017, I landed the first press story. The rest is history.
Hundreds of millions in revenue.
Created by enterprise integrations, strategic partnerships, and onchain service usage.
Fueling the growth of the Chainlink Reserve.
First Deutsche Bank, then Robinhood, early movers embracing their own Layer 2 networks.
The momentum is undeniable, and the rationale is clear: institutions are ready to transition private, permissioned transactions and digital assets onto public blockchains.
The drivers behind this shift:
• Enterprise-grade infrastructure and integration
• Scalability, speed, and global reach
• Security and privacy, enabling enterprise security controls and compliance to extend into blockchain environments
Relying solely on native Layer 1s constrains institutions. These platforms weren’t built for enterprise-scale operations and it shows with bridge hacks, scalability issues and faults in core blockchain components.
At Quant, we envision a future where institutions overcome these limitations and benefit from all Layer 1 networks with built-in interoperability, enterprise-grade security, and seamless integration. This is made possible through our patented multi-chain rollup architecture as a new Layer 2.5.
Just as enterprises operate secure networks on top of public internet carriers, they will run interoperable, multi-chain networks on top of Layer 1 blockchains.
Introducing Quant Fusion, the institutional-grade Layer 2.5 built to accelerate the migration to on-chain finance.
It’s no longer a question of if. It’s only a matter of when.
We’re inviting institutions to be part of this transformation.
Join us → @quantnetwork
#QuantFusion #Layer25 #BlockchainInfrastructure #OnChainFinance #InstitutionalAdoption
Introducing Overledger Fusion 🟠
The worlds first "Layer 2.5" blockchain network designed to bridge institutional finance and decentralized public blockchains
A new infrastructure layer that goes beyond Layers 2s by being multi-chain and truly interoperable.. solving the challenges preventing mainstream adoption by banks, enterprises and DeFi
Will be deployed via a decentralized validator network with "Bring your own node" capabilities and the staking of $QNT for priority access to transaction flow and rewards
- Scales multiple blockchains at once
- Enables real any to any interoperability
- Adds privacy, compliance and enterprise-grade controls
- Works with and across both public and private networks
- Integrates seamlessly with Quant Flow
And yes.. the $QNT token is central and powers the Overledger Fusion network 🔥
$QNT
Quant is about to change everything. $QNT holders, congratulations. You deserve all of this! Top up your bags before June or cry later!! #Quamfy#OverledgerFusion#DeFi#Crypto