Overledger 2.0 Full Release by Quant

Announcing Overledger 2.0 Full Release

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Following on from the April release, today we launch the Full Release of Overledger 2.0, providing interoperability to Ethereum, XRP and Bitcoin Mainnets.  


This update delivers the significant functionalities that were shared in the Preview Release for use on Mainnets, alongside the exciting new features that have been developed:

  • New API – The new Overledger API has been transformed into “One API for everything”, bridging the global ecosystems of DLTs and APIs
  • Standardised – Based on ISO TC/307 providing simple and standard interface to access all supported DLTs and Blockchains 
  • Secure and Scalable – Implemented OAuth federated authentication standards, enabling single sign-on for enterprise customers and implemented scalability and resilience updates for cloud infrastructure 

Our new approach for Overledger works as a “Universal Translator” for enterprise and community developers and users benefiting from using a simple and standard interface to access all supported DLTs. 
 
For more details, see below our guides:

Release notes V2.0
Developer Guide for the UI V2.0
Developer Guide for Remote Connector Gateways V2.0

Find out more and get started today by visiting:
https://developer.quant.network

Feature

Overledger 2.x

Overledger 1.x

Authentication

OAuth 2.0 standard (allowing SSO)

Proprietary (BPI Keys)

Functionality

In API, seamless updates

In SDK, re-download for updates

Standardisation

Full abstraction across all DLTs

Partial, DLT-specific edge cases

RCG Framework

REST / JSON APIs from OVL Core

Proprietary P2P (experimental)

Time to Deploy

32 minutes (CI / CD pipelines)

1-2 weeks

QNT Utility Token / Treasury

Optimised, audited smart contracts

Experimental smart contracts

Microservices

Optimised to scale fast – 23 Microservices

Hardened proof of concept
– 9 Microservices

Transaction Routing Algorithm

6 factor, game theory optimised

Experimental P2P emergent

Databases

Cloud native (scaling / resilience)

Standalone DB deployments

Cross-DLT Implementation

REST API calls direct to OVL, integrated smart contract back end

SDK-based Javascript 
apps call smart contract functions
via OVL

2021 Achievements

50% Quant team has grown by over 50% and will continue to do so 

OVL1.0 to 2.0 Release schedule accelerated, moved to much more frequent automated updates
– Previously, last major update was seven months, then in early 2021 moved to three months (Jan and March)
and then to monthly (April and May). We’re now moving to fortnightly releases. 

2.5X Overledger is now 2.5x bigger (April)  

2.0 Re-engineered the entire 2.0 architecture

Open API 3.0 for easy integration into developer workflows

OAuth 2.0 for single sign on for enterprise customers    

Cloud Native Scalable and resilient already, now deployable automatically 

New OVN API 
Subscribe  
Native Transactions 
Payments     

OVL 2.0 Developer portal 2.0