QRL QRL

QRL

The quantum-resistant ledger. (Hit funding cap during private pre-sale.)
Risk: High
past
May 1, 2017 — May 23, 2017
Raised 6 721 922.46 USD
Goal 6 000 ETH
Cap 24 000 ETH
Prices
  • From May 1, 2017 Till May 23, 2017 —
    1000 QRL 1QRL = $1.3535021089241
    =
    0.1 ETH 1ETH = $837.8446157038

About The Quantum Resistant Ledger

he 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.

There are several important cryptographic systems which are believed to be quantum-resistant: hash-based cryptography, code-based cryptography, lattice-based cryptography, multivariate-quadratic-equations cryptography and secret-key cryptography. All these schemes are thought to resist both classical and quantum computing attack given sufficiently long key sizes. Forward secure hash-based digital signature schemes exist with minimal security requirements that rely only upon the collision-resistance of a cryptographic hash function. Changing the chosen hash function produces a new hash-based digital signature scheme. Hash-based digital signatures are well studied and represent the primary candidate for post-quantum signatures in the future. As such they are the chosen class of post-quantum signature for the QRL.

Roadmap

  • 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.
  • 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.
  • Read More
  • 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.
  • 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.
  • DECEMBER 2016 POS

  • Design of a proof-of-stake algorithm (POS)
  • POS

  • Design of a proof-of-stake algorithm (POS)
  • JANUARY 2017 Node

  • Prototype node development with basic POS algorithm and integration of XMSS signatures
  • 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
  • Node

  • Design and launch of the first iteration of the block explorer
  • MARCH 2017 Private testnet

  • Iterative testing of POS algorithmic updates
  • 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.
  • Alpha testnet

  • Launch of the Alpha testnet with nodes running on MacOS, Linux, Windows on hardware including Raspberry Pi. Private seed presale round opens.
  • 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.
  • 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.
  • 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.
  • Public testnet

  • Node optimisation with C++. Golang node creation. Internode encrypted communication (‘new hope’ lattice-based cryptography)
  • JUNE 2017 Public testnet

  • Node optimisation with C++. Golang node creation. Internode encrypted communication (‘new hope’ lattice-based cryptography)
  • Genesis block

  • AUGUST 2017 Genesis block

  • 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.
  • 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.
  • 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.

Activity

Status:
Legendary
VERY HIGH
Activity:
1 162
VERY HIGH
Merit:
1 000
VERY HIGH
Posts:
1 228
VERY HIGH
Views:
151 916
VERY HIGH
Posts:
515
VERY HIGH
Followers:
387
VERY LOW
Likes:
349
VERY LOW
Followers:
12 421
VERY HIGH
Tweets:
1 708
VERY HIGH
Alexa
Rank:
312 013
MEDIUM
Delta:
-195 324
Year commits:
2 138
Watchers:
135
Stars:
348
Forks:
112
Open issues:
38

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Peter Waterland
Founder
unverified
JP Lomas
Full stack developer
unverified
Jomari Peterson
Strategy and business development
unverified
Kaushal Kumar Singh
Blockchain developer
unverified
Michael Kolenbrander
Technical solution architect
unverified
Filip Radičević
Business solutions architect
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Leon Groot Bruinderi...
Advisor
unverified

3.29

risky+
5.0 9
ICO Profile Vision Activity Potential Product Team

icobazaar 3.2
icobench 3.4

Collected:
0 USD
The amount in USD is calculated at the closing date of the ICO
Goal: Cap: 0 ETH 0 ETH ICO: 1 May 2017 23 May 2017

Please read the disclaimer and risk warning. Show disclaimer and risk warning.