What is Quantum Resistant Ledger?
It was built from the ground up using Python and employs post-quantum cryptography technology called XMSS for their transactions.
In real sense, QRL is the first future proof post quantum value store that includes a web wallet, desktop applications and an explorer. QRL is unique on its own and while it use PoW-previously PoS- consensus, it is low powered, efficient and doesn’t rely on traditional validation signatures that are susceptible to powerful quantum attacks. Besides, network participants can run on low power gadgets that run on Raspberry PI meaning there is sufficient decentralization while it runs on its own cryptocurrency based off the Merkel Tree’s validation registry system.
Based off on the Ethereum blockchain, QRL is an ERC20 token. The hash functions have changed through the utilization of an address format. The total supply is 65,000,000 QRL with a circulating supply of 52,000,000 QRL. Quantum Resistant Ledger with the token Quanta will act as a repository of value.