While it serves specific purposes, such as facilitating batch payments for enterprises, it may struggle to remain relevant with us degens.
Quant is more or less a centralized API allowing functions across blockchains but lacks the features that make truly decentralized applications secure and innovative. The lack of smart contracts and true decentralization in Quant restricts its composability. Composability, I believe, is a vital feature in decentralized ecosystems, allowing developers to combine and innovate with existing components to create new and more sophisticated applications.
Other concerns include unnecessary overhead (extra work or processes that are not really needed and can make things more complicated or costly) and compromises in security. Notably, Quant lacks an execution layer and a native way to prove information between chains for third parties, limiting its trustless capabilities in cross-chain interactions.
Quant feels like a big black box. We don't really have any understanding of how much the technology is being used. Feels like they'll be irrelevant in a not-so-distant future unless they make a big pivot. Show Less