HomepageCrypto Price Price
1H1D1W1M
Generalize
Information
Data from
The Quantum Resistant Ledger (QRL) is a blockchain network that is fully resistant to quantum attacks. It uses PQ-CRYPTO recommended/IETF standardized cryptography and employs a hash-based eXtended Merkle Tree Signature Scheme (XMSS) instead of the vulnerable ECDSA. Unlike other blockchain projects, the QRL offers enhanced security through a suite of applications and a development ecosystem, enabling users to effortlessly build blockchain applications on its provably quantum resistant network.
Issue Time
1970/01/01
Initial Price
US $ 0.04083621
Circulation/Max
67.93M/105.00M
Dominance
0.00%
ROI+ 49.73%
Information
What is the Quantum Resistant Ledger (QRL) project?
The Quantum Resistant Ledger (QRL) project aims to achieve full post-quantum security using PQ-CRYPTO recommended cryptography. It launched the world's first fully post-quantum secure blockchain ledger project with the QRL Mainnet in June 2018. Instead of ECDSA, the QRL utilizes a hash-based one-time extended Merkle tree signature scheme (XMSS). The project roadmap includes transitioning from proof-of-work block selection to proof-of-stake with a signed iterative hash chain reveal scheme. Transactions in the QRL have larger sizes (2.8kb per tx, binary) due to hash-based signatures, longer keypair generation times, and the need to record the state of transactions. However, a single address can be used for signing numerous transactions. The QRL provides a post-quantum secure cryptocurrency, and its ecosystem allows for the easy development of blockchain applications on a provably quantum resistant foundation.
Answers
Coin ranking
Users searched in the last 24 hours
Popular Q&A
- Can you tell me the current price of QRL coin? I'm interested in knowing the latest price of this cryptocurrency.2021-11-23
- Can you provide a detailed comparison between QRL financial and other digital currencies in terms of their value and stability? How does QRL financial stand out from the rest?2021-11-23
- What are some effective strategies that can be implemented to maximize profits when dealing with QRL financial? How can one optimize their trading activities to achieve higher returns?2021-11-23
- Can you explain in detail how the QRL financial ecosystem functions and what are its main features?2021-11-23
- Can you provide a detailed explanation of what QRL coin is and how it functions in the cryptocurrency market? I would like to understand its key features, use cases, and potential benefits for investors.2021-11-23
- Why should I consider investing in QRL coin instead of other cryptocurrencies? What sets QRL coin apart from the rest?2021-11-23