Quantum Resistant Ledger profile
Quantum Resistant Ledger Profile (QRL)
Rating: OK
Balanced Nano Cap
Project Safety Score

Wed, Mar 27, 2024 12:00 AM

Market Cap $7,713,594.73
Market Dominance 0.0006
24hr Volume $140,206.27
Price $0.0997
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Quantum Resistant Ledger

coin

2ndgen blockchain

Quantum Resistant Ledger is a cryptocurrency based on the Python programming language, aimed at combating future attacks by quantum computers. This cryptocurrency is the brainchild of Peter Waterland who realised that Bitcoin, Ethereum, and other such cryptocurrencies have no protection against future technology. It claims to be a “future-proof” cryptocurrency which enables transactions and decentralized communication while providing protection against classical as well as quantum computer attacks. The Quantum Resistant Ledger company was founded by Peter Waterland, who found that Bitcoin, as well as Ethereum signatures are susceptible to attacks by powerful quantum computers. His research on quantum computers and signature programs let to the development of this new cryptocurrency, designed to be resistant to the present classical attacks as well as any future quantum computer attacks. Their team is made up of a diverse range of members spread out across the world, including developers (core, blockchain, mobile developers, etc.), analysts, advisors, marketing managers, designers and more. Quantum Resistant Ledger is the first ever cryptocurrency and the only one in existence as of August 2018, to consider the threat that the future technology of quantum computing poses to cryptocurrencies and their working. It uses a technology specifically designed for post-quantum security, called XMSS, which makes it secure against powerful quantum computers even while using a Proof-of-Stake consensus mechanism. Security against cyber-attacks is a very serious concern in this digital age, especially when you have digital assets whose loss is likely to lead you to bankruptcy. QRL is the first blockchain technology that provides durability and stability through resistance to quantum computer attacks. The encryption methods used by modern blockchains can become vulnerable to quantum computers over the next ten years. QRL tries to create a blockchain with long-term stability. By using blockchain technology, the QRL platform creates a “ledger” that generates hashes in such a way that it is virtually impenetrable to any type of computer attack.

Read more in the whitepaper:
  • Platform
  • Cryptocurrency
  • Quantum-resistant
  • Blockchain Platform
  • Distributed Computing
  • Randomx
  • Cryptonight
  • Proof Of Work (pow)
  • Mineable
  • Quantum_secure
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Community Ratings Quantum Resistant Ledger QRL

4.5/5

(10 reviews)
Ratings and reviews left by our members do not impact the profile score.
EL

Elontusk 2 years ago

Great quantum Resistant cryptocurrency 🙂
1 0
 
С

Сергей Иванов 3 years ago

Active community, active developers. This coin has a great future.
1 0
 
NI

NISTPecialist 2 years ago

Not only legit, as type this the only serious hedge to QC BTC heist. Watch this coin the day that Satoshi moves his P2P wallets around. Check out faqq.info
1 0
 
FU

Futurist 24601 2 years ago

The lack of awareness is the enemy of this coin but is there for the savvy crypto investor. 2021. Quantum computers are definitely coming, and contrary to popular belief crypto is far more vulnerable to them than the banking sector etc. Big coins like bitcoin and ethereum have almost certainly left it too late to secure themselves against QC (if they even manage it- even the possibility is debatable). QRL may yet prove to be the saviour of the space. Look for “frequently asked quantum questions” on a search engine near you!
1 0
 
:)

:) 2 years ago

BTC IS PAST, QRL is future . If you are reading this when QRL reached the astronomical price, know that I was buying it for $ 0.20
1 0
 
CR

Craig 2 years ago

Lol no this isn't a scam. One of the only projects being proactive against progress in Quantum Computers. Active for over 4 years, team members responsive in discord and social media, weekly project updates, and full ecosystem. I've been a community member for 3+ years now
1 0
 
SE

Sebastian O. 2 years ago

Totally agree with Dave here. The first post must be from someone who lost some money here. There are not many legit cryptoprojects out there, but QRL is definately one of them. They are the only Cryptocurrency using XMSS from genesis block, which is the NIST recommended quantum resistant encryptinon algorithm. If that doesn´t tell you something about a great team with uncomparable understanding of the threat of quantum computers to crypto, I don´t know what to say.
1 0
 
NI

Nicklaus 2 years ago

Great project, team of multidisciplinary international experts working on new blockchain vertical, quantum-resistance applied to blockchain technology. They created the first PoW quantum-resistant blockchain starting from scratch. They are working on the first PoS quantum-resistant blockchain. They are about to release the first quantum resistant wallet to secure ETH blockchain assets e.g. ERC-20, ERC-721, ERC-1155, ETH and more. They are innovators and visionaries. They chose XMSS QR algorithm years ahead of having NIST recomending it as the first QR signature scheme... I could go on and on... Bright future ahead, great hedge against quantum computing theft.
1 0
 
DA

Dave L 3 years ago

To the post above, it's also possible that they are running a pedo cell from a Pizza parlour .. like what the. Dude, don't give a one star because you felt you loss money or lack of your own due diligence. If you start stating stuff, bring evidence. They DO btw, comment on the fact that other cryptos will look to migrate to NIST approved quantum resistant crypto algorithms but that it will be a mess (it will be a major hard fork and super Quantum computers could even attack during the time it takes to confirm a transaction). Look at their YouTube videos. They're right. It will be ugly and it will take time to migrate. You also don't know if China will have 3,000 fully entangled qbit system by 2025, let alone 2030. I own 6,000 QRLs and holding until 2030. Cost me $2 gran. If it "disppears", could care less. But I do believe these folks are serious and they will gain traction as news regarding Quantum becomes more predominent. Why in the name of crypto would they make this a SCAM... they are SMART and sitting on something I discussed creating myself with a couple of programmers. They are the ONLY ones using quantum resistant crypto in the Kyber-Crystal XMSS realm.
1 0
 
FR

Francis Erdman 3 years ago

Yes. Yes this is a scam. I invested into this and was worst investing choice in my life. Might as well have sent the money to Nigerian email scammers. They intentionally exaggerate the quantum threat to bitcoin, not bothering to tell people that quantum security is already on the roadmap for Ethereum, so while quantum computers are a threat to blockchain, it is not as big a threat as they make it out fo be. They are not serious developers, they are hobbyists at best. They have been promising the moon for years (ERC-20 compatible wallet, proof-of-stake, smart contracts), none of which are close to coming about. They have actual ties to organized crime (Canadian mafia) and have a political agenda against the United States (hence they purposely geofence Americans from being able to invest). This is most likely due to President Trump tightening up trade with Canada, which has enraged the Canadian mob, and hence this project is trying to make Americans suffer in retaliation. So in sum, the project exaggerates the threat of quantum computers in the first place, they are not serious developers in the second place, and worst of all they have a political agenda because of organized crime connections. So yeah, big time scam.
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Quantum Resistant Ledger News

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