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What Is Quantum Resistant Ledger (QRL)?
Quantum Resistant Ledger Coin (QRL) is a cryptocurrency built in Python. Its primary purpose is to withstand classic hacker attacks and quantum computer attacks. QRL is one of the first blockchain-based ledgers to use post-quantum cryptography technology. Quantum Resistant Ledger is trying to build a platform that will be unaffected by the single most significant threat to all blockchains and cryptocurrencies, Quantum Computing.
HOW DOES QUANTUM RESISTANT LEDGER (QRL) WORK?
Quantum Resistant Ledger, if it succeeds can make the blockchain resilient to its biggest threat, quantum computing. This is made possible by the use of a brand-new post-quantum algorithm named Extended Merkle Signature Scheme that uses one-message-per-key and pseudorandom generators to make it extremely hard to crack, even for quantum computers. The proprietary address format also allows them to change the hash function if deemed necessary…tune in for our full review!
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