Quantum Resistant Ledger current market price is $0.596 with a 24 hour trading volume of $44,189. The total available supply of Quantum Resistant Ledger is 78.39M QRL with a maximum supply of 105.00M QRL. It has secured Rank 632 in the cryptocurrency market with a marketcap of $46.71M. The QRL price is 4.48% up in the last 24 hours.
The lowest price of the Quantum Resistant Ledger is $0.547 & the highest price is $0.610 in the last 24 hours. Live Quantum Resistant Ledger prices from all markets and QRL coin market Capitalization. Stay up to date with the latest Quantum Resistant Ledger price movements. Check our coin stats data and see when there is an opportunity to buy or sell Quantum Resistant Ledger at best price in the market.
$0.596
$0.03 4.48%
$0.547 / $0.610
$46.71M 4.52%
$46.71M
$44,189
78.39M QRL
105.00M QRL
4.48%
15.68%
9.25%
87.57%
35.64%
86.3%
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.
Tags Smart Contract Platform Proof of Work (PoW)
