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Quantum Resistant Ledger

Quantum Resistant Ledger

$1.16

11.0%(24h)
  • Today

    11.0%

  • 30 Days

    74.1%

  • Price Change (24h)

    $0.1142

Trend Overview

Period:

Price of Quantum Resistant Ledger Today

The live price of Quantum Resistant Ledger is $1.16 per QRL/USD, +10.96% in the last 24 hours. It has a market cap of $58.62M and $123.83K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. QRL has a circulating supply of 78.39M.

Current price

$1.16

24h high

$1.39

24h low

$1.01

24h

+10.96%

7d

-2.82%

30d change

+74.07%

QRL Market Stats

Rank

#387

By market cap

Market Cap

$58.62M

Estimated from supply

24h Volume

$123.83K

Across 1 exchanges

FDV

$92.07M

If all tokens were issued

Circulating Supply

78.39M QRL

74.7% of max supply issued

Total Supply

79.62M QRL

Max Supply

105M QRL

Listed on

1 exchanges

Where to buy Quantum Resistant Ledger

Quantum Resistant Ledger is available on 1 exchanges. Prices shown are live.

ExchangePairVolumeTrade
MEXCQRLUSDT$21.27KBuy QRL on MEXC

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People also ask about Quantum Resistant Ledger

What is Quantum Resistant Ledger?

Quantum Resistant Ledger (QRL) is a blockchain platform designed to protect against the future threat of quantum computing. It uses the eXtended Merkle Signature Scheme (XMSS), a hash-based cryptographic method recognized by the U.S. National Institute of Standards and Technology (NIST) for its quantum-resistant properties. QRL was launched in 2018 as an open-source, proof-of-work blockchain. Its native token, QRL, supports various on-chain activities such as creating digital assets, transferring tokens, and executing multi-signature transactions. The platform also includes a decentralized communication layer and is developed in Python, making it accessible for a wide range of developers and fostering innovation.

What is the technology behind Quantum Resistant Ledger?

Quantum Resistant Ledger (QRL) is built to counter the threats posed by quantum computing. Its core technology is the eXtended Merkle Signature Scheme (XMSS), a hash-based cryptographic method that is resistant to quantum attacks and recognized by NIST. QRL operates as a public, open-source blockchain launched in 2018, using a proof-of-work consensus mechanism. The platform emphasizes cryptographic agility, allowing it to adapt to new standards as they emerge, ensuring long-term security. By utilizing XMSS, QRL ensures that transactions remain secure even against the computational power of quantum computers, which could otherwise break traditional cryptographic systems.

What are the real-world applications of Quantum Resistant Ledger?

Quantum Resistant Ledger (QRL) is a blockchain platform that addresses the potential risks of quantum computing. Its primary application is secure storage and transfer of digital assets, using XMSS to protect transactions from quantum attacks. QRL also enables the creation and management of custom digital assets, such as tokens for loyalty programs or decentralized finance projects. Additionally, it supports multi-signature transactions, requiring multiple approvals for execution, which enhances security in collaborative financial operations. These features make QRL suitable for individuals and organizations seeking future-proof solutions for their digital asset needs.

What key events have there been for Quantum Resistant Ledger?

Quantum Resistant Ledger (QRL) began with the launch of its public blockchain in 2018, designed to be quantum-resistant from the start. This was achieved by implementing XMSS, a cryptographic method recognized by NIST for its ability to withstand quantum attacks. The introduction of the native currency, QRL, was a significant milestone, enabling various on-chain applications like digital asset creation and multi-signature transactions. QRL's open-source nature has fostered community participation, supporting ongoing development. The platform's proof-of-work consensus mechanism is tailored to prioritize cryptographic agility, ensuring long-term security and decentralization.

Who are the founders of Quantum Resistant Ledger?

Quantum Resistant Ledger (QRL) is a blockchain designed to resist quantum computing threats, using XMSS for security. The founder of QRL is Dr. Peter Waterland. His vision for a secure, future-proof blockchain led to the launch of QRL in 2018, emphasizing cryptographic agility and community involvement.

What is Quantum Resistant Ledger?

Quantum Resistant Ledger (QRL) is a blockchain platform designed to address security concerns related to future quantum computing capabilities. The project utilizes the eXtended Merkle Signature Scheme (XMSS), a hash-based cryptographic method recognized by the U.S. National Institute of Standards and Technology for its resistance to quantum-based attacks. This approach aims to protect the network from potential decryption threats that could compromise traditional cryptographic systems.

The platform was launched in 2018 as an open-source, proof-of-work blockchain. Its native token, QRL, supports various on-chain functions, including the creation of digital assets, token transfers, and multi-signature transactions. The network also includes a decentralized communication layer intended to facilitate secure data exchanges. Developed using the Python programming language, the project's codebase is designed to be accessible to a wide range of developers.

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QRL's architecture incorporates cryptographic agility, allowing the system to adapt to new security standards as they emerge. The focus on quantum resistance distinguishes it within the cryptocurrency space, as the project addresses both current and anticipated security challenges. The open-source framework encourages community involvement in the platform's ongoing development.

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