The Quantum Resistant Ledger

The Quantum Resistant Ledger

Trading
16,459 Views
The Quantum Resistant Ledger (QRL) project is a public blockchain ledger designed to be specifically secure against quantum computing (QC) advances. Unlike existing ledgers, such as bitcoin or ethereum, the QRL is specially designed to use a form of post-quantum secure signature for transactions called XMSS. The QRL also uses a low power proof-of-stake (POS) algorithm which again utilises iterative hash-chains and provably secure hash-based pseudo random number functions. The POS algorithm is designed to have zero reliance upon conventional signatures which are vulnerable to a sufficiently powerful QC and allows nodes to run on low power devices such as raspberry PI’s or laptops and passively earn income by staking.
General
Website: Visit
White paper: Read
ICO Time: 01 May 2017 - 24 May 2017
Token info
Ticker: QRL
Token Type: ERC20
Available for sale: 105,000,000 QRL
Total supply: 72,549,442.000000 QRL
Financial
Raised $ 4,000,000
ICO Price: ≈ 0.076923 USD
Accepting: BTC, ETH
Soft cap: 500000 USD
Hard cap: 4000000 USD
Screenshots taken on 4 Feb 2018
AUGUST 2016 The Idea
Founder noticed investment in QC development, ECDSA being deprecated by the NSA and given the vulnerability in all existing blockchain ledgers conceived the idea of a post-quantum ledger. Creation of post-quantum secure hash-based digital signature library.
SEPTEMBER 2016 Proof of work
Creation of a POW ledger utilising Merkle signature scheme addresses with Winternitz and Lamport one-time signatures.
NOVEMBER 2016 Whitepaper Release
After discussion with developers, post-quantum cryptographers and research into existing roadmap of blockchain technology, the whitepaper was written to provide an overview of quantum resistant methodologies.<br /> <br />
DECEMBER 2016 POS
Design of a proof-of-stake algorithm (POS)
JANUARY 2017 Node
Prototype node development with basic POS algorithm and integration of XMSS signatures
FEBRUARY 2017 Node
Design and launch of the first iteration of the block explorer
MARCH 2017 Private testnet
Iterative testing of POS algorithmic updates
APRIL 2017 Alpha testnet
Launch of the Alpha testnet with nodes running on MacOS, Linux, Windows on hardware including Raspberry Pi. Private seed presale round opens.<br /> <br />
MAY 2017 Early access token presale
If hard cap not met then public ICO May 24th. Start of integration of Ephemeral messaging layer to enable end-end secure data channels.<br /> <br />
MAY 2017 PQ secure digital identification
Blockchain based ultra secure digital ID. Leveraging Ephemeral messaging layer with off chain services: PQ secure data channels, PQ secure comms, PQ secure messenger services, PQ secure VOIP, PQ secure VPN. PQ secure provenance and proof-of-existence services.
JUNE 2017 Public testnet
Node optimisation with C++. Golang node creation. Internode encrypted communication (‘new hope’ lattice-based cryptography)
AUGUST 2017 Genesis block
OCTOBER 2018 Ephemeral
Continued active node development. Completion of Ephemeral to be signature scheme agnostic. Light client development. Light client API to enable apps and web enabled devices to access the QRL. Internode messaging compression. Research and development - post-quantum multi-signature transactions.
Dr Peter Waterland
Core developer Founder
No participating data
Dr JP Lomas
Core developer Full stack developer
No participating data
Kaushal Kumar Singh
Core developer Blockchain developer
No participating data
Leon Groot Bruinderink
Advisor
No participating data
Michael Kolenbrander
Core developer Technical Solution Architect
No participating data
Filip Radičević
Core developer Business Solutions Architect
No participating data

Advisors (0)

ICO List
Other Interesting ICOs
Active
Innou
INNOU is a digital ecosystem, aiming to become the world’s first completely decentralized multimedia marketplace. Gaming, News Channel, Instant Messaging and the Integrated Wallet are just a few of the modules incorporated in the final mobile app, which we launch. With INNOU we want to bridge the gap between the fiat and digital money systems. Therefore, INNOU will be built as a hybrid model of blockchain technology and classical web services. INNOU will provide secure and transparent transactions, entertainment, messaging services, and an ‘on demand’ platform for content creators. Overall, we follow our strategy to include multiple sustainable features, such as planting trees in deforested areas through the game. The community will be able to create and discover economic niches and earn money while following their passion on a global scale. By implementing the largest cryptocurrencies into one single wallet, we will create a marketplace that is independent from any major currency and enables the users to list, sell and advertise their goods and services.
Upcoming
Collectible
Collectible is the exclusive NFT + Physical Item online platform out there. It’s one of a kind. Just like its items. With different unannounced drops happening every week ranging from sport memorabilia to long century old art brought back to life through our NFT creating process making it relevant again. Through our top-notch blockchain technology and NFT creating service we provide a level of authenticity to users that hasn't been seen since the beginning of the internet.
Upcoming
Verifier
Verifier is an innovative technology designed to verify identity, events, deals, and any other kind of data. This is a blockchain based solution that verifies data quickly, accurately, trustworthy, and securely.
Upcoming
Unchainet
UNCHAINET connects underutilized server resources with clients who need them. Our blockchain protocols govern the network, align provider incentives with computing resource quality giving choices and transparency to the cloud client market.
Upcoming
LOHN
Lohn is a widely spread contractual form in various industrial fields of international cooperation relations, especially in the industry of clothing, footwear, leather, furniture, software and hardware, pharmaceutical, metal working, metallurgical, machine tools, automotive, automation, machine building industry, electronics and appliance industry, food and beverage industry, petrochemical industry. The lohn (processing economy) has been and will be a solution to produce goods at reasonable and high-quality prices through the efficient use of labor and cheap raw materials in emerging economies. It is also a business model that creates economic and social progress across the world bringing together markets with productive resources and capabilities. The trading platform developed by the lohncontrol project will create global opportunities for small and medium-sized businesses that are responsible for generating 60% of GDP. It will give them a visibility that they do not have at this time and will encourage the development of direct business between them. This means low manufacturing costs and greater adaptation to market demands. Those who will win at the end of this interaction will be consumers who will get good products at realistic prices.
Active
BitMinutes
BitMinutes is the first prepaid airtime token to provide low-cost financial services to the world's two billion unbanked consumers. BitMinutes serve as the universal cryptocurrency for enabling global telecommunications providers, retail merchants and a network of trusted agents to offer free money transfer and guaranteed loans to six billion cellphone users. The primary goal of Bitminutes ICO is to provide access to key financial services for over two billion unbanked worldwide.