Quantum Resistant Ledger qrl

+ 4.98 % $ 0.140846
$0.133239 24H Range $0.153054
Market Data
Price $ 0.140846
Volume $ 18,872.44
Volume / Market Cap 0.0017
Supply
Circulating Supply 76,605,690.89
Total Supply 105,000,000.00
Valuation
Market Cap $ 10,787,191.00
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.
Quantum Resistant Ledger (qrl) Price Chart
Learn from our FREE Academy
Basics
Get started with the essentials on what blockchains are, how crypto works and how to start trading or investing.
Crypto Trading
Here you'll find a practical tutorial on how to trade on an exchange, along with an explanation of different order types.
NFTs & the Metaverse
Learn all about NFTs (Non-Fungible Tokens), virtual spaces and what they can enable.
News about Quantum Resistant Ledger
What does post-Vasil Cardano [ADA] share with post-Merge ETH
ambcrypto.com • an hour ago
NFTs In A Nutshell: A Weekly Review
bitcoinist.com • an hour ago
Is the Worst Behind Bitcoin? Glassnode Co-Founders Look at State of BTC After Another Fed Rate Hike
dailyhodl.com • 3 hours ago
Chainlink’s [LINK] near-term price action can be catalyzed by the following
ambcrypto.com • 3 hours ago
Apple Will Allow NFT Sales In Apps, But Will Apply 30% Commission Fees
bitcoinist.com • 4 hours ago
Going Public ‘Put Us On the Main Stage’: Coinbase CEO
decrypt.co • 4 hours ago
Don’t Miss Out on Other Similar Coins
Bitcoin   (btc)
$ 18,876.79 -0.37 %
XRP   (xrp)
$ 0.499456 + 2.58 %
Litecoin   (ltc)
$ 52.76 -1.45 %