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Quantum Fusion rebrands into Quantum Network

Quantum Fusion rebrands into Quantum Network

Quantum Fusion has officially rebranded to the Quantum Fusion Network (QF Network), marking a significant evolution in its project scope.

Image of Sahil ThakurSahil ThakurNews

Oct 21, 2024

Written By Sahil Thakur

Author: Sahil Thakur

Written On: Mon, 21 Oct 2024 10:12:16 GMT

Quantum Fusion has officially rebranded to the Quantum Fusion Network (QF Network), marking a significant evolution in its project scope. According to the team’s announcement on X (formerly Twitter), this transformation aims to expand the platform’s capabilities while maintaining continuity for existing users and token holders. The QF token will remain the same, and the platform will now focus on creating what the Quantum team claims will be the world’s most advanced blockchain ecosystem.

  • The QF token remains tradable on the Ethereum network, with an optional bridge to the new QF Network.
  • Quantum Fusion’s new focus is on creating a highly decentralized, fast smart contract platform, which it claims will rival Solana and Monad.
  • A new tokenomics structure will prioritize benefits for current QF token holders, ensuring liquidity and long-term value.

Quantum Fusion’s rebrand follows the team’s engagement with leading blockchain architects during its R&D phase. This led to a shift away from their initial HVM2-centric plan toward a new approach that the team believes better addresses the blockchain trilemma—balancing decentralization, scalability, and security. The project will still support HVM/BEND technologies in practical applications, such as AI/ML models via off-chain workers.

Looking ahead, Quantum Fusion is committed to transparency, promising regular updates on development progress through “TwitterOps.” Additionally, while initially planning to avoid venture capital funding, the team now considers strategic funding to ensure the resources necessary to compete at a high level.

Source: QF on X

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