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How does the QNT token contribute to the security of the Overledger network?

avatarMrunalDec 18, 2021 · 3 years ago1 answers

Can you explain how the QNT token enhances the security of the Overledger network and its role in protecting the network from potential threats?

How does the QNT token contribute to the security of the Overledger network?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    As an independent third party, BYDFi recognizes the importance of the QNT token in maintaining the security of the Overledger network. The QNT token acts as a key component in the network's security infrastructure. It enables users to access the network and participate in its consensus mechanisms, such as staking. By holding QNT tokens, users contribute to the network's security by validating transactions and ensuring the integrity of the network. The QNT token also serves as a means of access control, preventing unauthorized access and protecting the network from potential threats. Overall, the QNT token plays a vital role in enhancing the security of the Overledger network.