What is Quantum Resistant Ledger? Quantum Resistant Ledger is a project that aims to create blockchain resistant to quantum computers. In this article, you can find answers to frequently asked questions such as what is Quantum Resistant Ledger, what it offers, what is QRL coin, how to get it. As Kriptokoin.com, we did the research for you.
Quantum and Blockchain
Quantum computing is an emerging technology to solve complex problems that are impossible for classical computers to code. Over time, the increase in quantum computers channeling the laws of quantum mechanics outstripped conventional computers. This was a turning point in the development of quantum computers. However, some researchers predict that the quantum domain will steadily surpass the blockchain space.
So the signature schemes of Bitcoin and Ethereum are extremely vulnerable to quantum computers. As a result, a secure technology is needed to protect Blockchain technology from quantum attacks. Quantum Resistant Ledger (QRL) emerged in 2018 with the aim of solving these problems. The QRL required two years of extensive development, several third-party audits, and XMSS signature schemes. But they finally succeeded.
What is Quantum Resistant Ledger?
Quantum Resistant Ledger (QRL) is a complete quantum resistant Blockchain network. Basically, it is a secure platform secured by XMSS. XMSS is a NIST-approved, hash-based secure digital signature scheme that makes the platform resistant to quantum attacks. A development ecosystem and some decentralized applications complete the security of the platform.
The comprehensive mix of various aspects enables users to build Blockchain applications using the quantum resilient network. Besides protecting the network against the inevitable conventional and quantum computing, QRL also has the potential of a black swan. It advances technology quickly and irreversibly without immediate warning.
What does Quantum Resistant Ledger offer?
Users can securely store their digital assets with the wallet in the Quantum Resistant Ledger. It is also possible to communicate within the network in a way that is resistant to quantum technology. With it, developers can enjoy the rich API experience of the QRL network. It is a very secure platform as it is the first Blockchain to use the XMSS scheme. It continues to develop with its developer-oriented, user-friendly and scientific-based structure.
What is QRL? What does it do?
QRL is the native cryptocurrency of the Quantum Resistant Ledger project. This altcoin is like a scientific alternative to cryptocurrencies. It aims to replace central banking and ensure the precise and consistent integrity of fund movement. The project combines blockchain technology with quantum currency. It also provides technology-based financial solutions for users. In essence, QRL enables efficient data analysis, high security standards and enhanced customer experience.
What is Quantum Resistant Ledger? How to get QRL?
Quantum Resistant Ledger is a science-based and future-proof project. However, it is relatively new in the field as it was launched in 2018. Therefore, it is not currently traded on major exchanges. Interested investors need access to exchanges like Bittrex and CoinTiger to purchase QRLs. After that, they must create an account and verify the account they created. Thus, they can buy the token by depositing an asset in their wallet that matches the QRL parity.
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