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Author Topic: [ANN] QRL - Announcing the Quantum Resistant Ledger  (Read 148276 times)
inca
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March 22, 2017, 10:41:34 AM
 #41

UPDATE:

We continue to tweak our POS protocol and i think are in to the fine tuning stage. Once our stability issues are sorted we will try to massively expand the number of nodes on the network to see if it holds up.

Our little project has started to leak out into the crypto media sphere!

A first news article about us:

https://www.cryptocoinsnews.com/quantum-resistant-ledger-readies-battle-quantum-computing-hires-testers-seeks-feedback/
https://hacked.com

As always anyone interested in further details: http://theqrl.org

Inca
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March 23, 2017, 01:48:57 PM
 #42

I can't tell how many of you reached http://theqrl.org through btctalk and registered your interest - but what a response considering this thread is largely solo affair!.

Thank you to the surprisingly many interested parties and potential investors. We will be in touch shortly via email with a formal roadmap.

Additionally I have been asked to tell you our twitter handle is @QRledger - it will be active tweeting project details apparently.

The team continues to tweak the POS algorithm and some major bug fixes have improved stability and synchronisation of the stake validator nodes on testnet. We have one final tranche of consensus critical code to implement into the algorithm over the next week or so. But the major nuts and bolts are in place now.

Inca
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March 26, 2017, 12:21:56 AM
 #43

UPDATE:

I am very pleased to announce that finally the test node is running with a prototype final draft design of the POS protocol and after a wobbly start is chugging along nicely with multiple stake validator nodes! Numerous bug fixes, stability fixes and features to be added still. But we are approaching a MVP / public testnet now and the end is in sight. Prediction is difficult but I would expect another couple of weeks of coding until we are stable for public testing.

TEAM:

We have added a marketeer to the team and a slew of alpha testers in preparation for pushing our POS protocol to the limit with higher node counts.

Once again thanks for the interest, particularly those who have emailed directly. Anyone with an interest in the project, either development, testing or simply to discuss the signatures or POS design feel free to PM me for an invite to our slack (or leave your details on http://theqrl.org).

Inca.

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March 28, 2017, 11:19:54 PM
 #44

Update:

Alpha testnet successfully running with 12 nodes earlier. POS protocol running smoothly. Test transactions sent from UK, US, New Zealand, Japan and the Netherlands.

So far up to block 2987 with a 40s block-time. The real test is when all nodes are able to stake the next epoch at block 10000 and whether there is a smooth transition.

Not a bad start to the QRL network testing phase. Next we increase the number of nodes and start capacity testing with transaction spamming scripts, and then the fun bit, try to attack it.

Inca
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March 31, 2017, 08:08:48 AM
 #45

What is the sources on github?


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inca
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March 31, 2017, 02:34:18 PM
 #46

What is the sources on github?

http://theqrl.org has a direct link to the git repo..

If you want to get involved then PM your email for an invite to the slack or register through our site..
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April 02, 2017, 04:57:10 AM
 #47

Quite an interesting project. It will be necessary to study it in more detail.

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inca
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April 03, 2017, 02:58:56 PM
 #48

Quite an interesting project. It will be necessary to study it in more detail.

Thanks. Please do, any questions or for an invite to the slack then PM me.

UPDATE:

Very exciting few days for me, the team of new dev recruits and the 5 or so alpha testers grappling with a new alpha testnet going live across multiple platforms and hardware devices simultaneously. We have had up to 16 nodes spread across the globe with up to 12 staking simultaneously for a significant number of blocks.

Lots of bug fixes and emergency commits and restarts, some simple and some extremely nuanced.

We had a massive halt crossing the first epoch transition from 0 to 1 at 10000 blocks but that is now sorted. The raspberry pi users reported significant slowdown as we passed 11000 blocks and I tracked the problem down to some inefficient disk access for the chain. Numerous improvements in validation and state checking of the chain as well as node startup performance improvements.

Several key issues remain which need sorting over the coming month:
1) disaster recovery for the POS protocol..
- need more reliable missed block logic
- consensus failure code needs to be improved and built out
- fork detection code needs to be built out and updated to include reorgs capability.
2) complete integration of fees and weighted block reward based upon stake  - (requires a chain reset so leaving for now).
3) i have identified a potential MITM attack which could be used to spoof fake messages with our POS protocol. To eliminate this possibility it will be necessary to pass an additional message prior to reveal_one and reveal_two in our protocol which are hash(reveal_one) and hash(reveal_two). This will require a small amount of further time to be added to the existing block time (~40s).
4) addition of a 'key' or bit mask to the iterative hash chains using blockchain seed to reduce security requirements of the cryptographic hash function (requires a chain reset and so will be merged before the next major planned restart).

But the POS protocol is working and following consensus - with our signed iterative hash chains from each stake validator and the PRF sequence from the HMAC_DRBG and entropy from the blockchain system functioning exactly as anticipated.

On a higher level we need to decide our starting network parameters (block time (less puts more pressure on nodes with poor latency, higher allows greater usage of the network which is desirable but reduces performance), initial emission at the genesis block, consensus rules, flexible blocksize parameters etc.

We are also gearing up to announce some form of genesis emission sale. I am a big fan of ethereum so we may issue ERC20 tokens on ethereum although this isn't crystallised yet.

As usual we have a very busy slack, and if you wish to discuss the project, the protocol, the signatures or join as a developer or tester then PM me for invite.

And the website with details of white paper, github and a link to our email list is http://theqrl.org

Inca
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April 09, 2017, 08:27:17 PM
 #49

Update:

Alpha testnet staking with 10 nodes across the globe on various platforms and connections successfully. We are up to block 22500 now. Very exciting to see the platform become stable.

Team:

I would like to welcome cyyber to the team as a core developer. He has spent the last few days feverishly analysis the prototype node source code and has already made a number of minor bug fixes which is great.

We have moved all the associated open source repos to a new location: http://github.com/theQRL/ with the python node now http://github.com/theQRL/QRL.

Our slack is busier than ever especially in the #code and #alpha-testers channels.

Anyone wanting to get involved in the project either PM me for an invite to the slack or visit http://theQRL.org for more details. We have identified some core ideas to place later on our roadmap once our network is stable and we have launched mainnet. One I can mention is the creation of a messaging layer to lie atop the QRL network and provide trustless decentralised post-quantum encrypted end-end communication - i'm pretty excited about this because it enables some new usecases we hadn't considered before whilst concentrating purely upon the value transfer capabilities of our network in the event of a Y2Q event occurring.

Inca




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April 13, 2017, 08:23:36 AM
 #50

UPDATE:

Testnet has now been running flawlessly for a few days and we are up to block 27400.

Some really nice upgrades are being planned to streamline the node codebase and implement our new ephemeral end-end post-quantum secure communications messaging layer. This has the ability to offer completely secure data transmission between addresses, but also allows secure data channels to be potentially opened outside of the QRL p2p layer. This raises the possibility of the QRL offering a 'post-quantum secure phonebook' which when tied in with our future plans for blockchain ID and long term provenance use cases is getting us really excited about what will be possible with a base layer which couples secure funds transfer/storage with ultra-secure cryptographically verifiable communications in a single network.

Following our pre-sale we will be working on developing some light clients for smart phones including API's which can then be deployed into other App's to allow access to the QRL network featureset.

HIRING:

We are looking for two roles to supplement our team.

1) A capable web designer
2) A translator to perform a Chinese translation of our upcoming website refresh.

Inca

EDIT: Chinese translator now hired..
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April 20, 2017, 08:38:07 PM
 #51

UPDATE:

We added a post-quantum cryptographer to the project. Leon Groot Bruinderink from PQCRYPTO in the Netherlands. He will be advising us on security parameters in our mainnet release, assisting with code review and helping us design our ephemeral messaging layer which provides secure, private end-end data channels between QRL addresses.

We have also decided to look into compressing internode communication and also encrypting the entire TCP/IP connection with 'new hope' such that all traffic is shielded.

CODEBASE:

Other than beginning to implement Ephemeral, Kaushal our new dev has implemented a massive sync speed up which allows nodes to sync about 10x faster than before.

Todo in terms of codebase updates - further security fixes for our POS protocol and then on to fun things!

SEED FUNDING:
We have tentatively set a date of the 1st of May for our seeding sale where we sell a large portion of our genesis block to potential network stakers. If we can reach our dev target we will give out all of the genesis block to the funders. If not we will hold back 35% for a second round.

As always http://theqrl.org for interested investors or alpha testers who wish to join our slack and and growing band of post-quantum crypto enthusiasts!
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April 20, 2017, 09:33:23 PM
 #52

Hi inca thanks for sharing your project. Do you think Quantum computing poses a threat to Bitcoin in the next 50 years?

How is the progress of this ledger and when do you estimate a token launch date to be ?

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April 20, 2017, 09:42:11 PM
 #53

According to head intelligence agents in Canada and some of the leading quantum computer developers, they estimate a 15% likelihood quantum computing will make current encryption vulnerable within 10 years. 50% in the next 15.
I can attach links if necessary. However, we cover the landscape and development on our Twitter, @qrledger
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April 20, 2017, 10:26:14 PM
 #54

Hi inca thanks for sharing your project. Do you think Quantum computing poses a threat to Bitcoin in the next 50 years?

How is the progress of this ledger and when do you estimate a token launch date to be ?

As Jomari (/u/qrl) says it is estimated by 'experts' that there is a 15% of a quantum computer capable of breaking ECDSA in 10 years. But actually there has been > 1 billion dollars of investment into quantum computing startups in the last year so I think actually we are far closer than anyone expects.

Our website is http://theqrl.org
We have a functional testnet..you can see the block explorer @ http://crumble.org/~john/qrl
You can see our github @ http://github.com/theQRL/QRL

We have a very active developers slack -  if fancy an invite to join in with alpha testing PM me.

Our seed funding round begins on the 1st of may. Our launch date is likely to be around 3 months after that - pending satisfactory public testnet phase.

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April 25, 2017, 08:38:07 PM
 #55

Very very interesting and promising. When is the ICO scheduled for? How much in Seed funding are you guys looking for? 
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April 25, 2017, 11:31:24 PM
 #56

1) a small ICO to help with project costs (<5% supply), 2) bitcoin balance importation at 1:1 ratio for first 3 months (signing a QRL address with a bitcoin private key to a valid address and balance), 3) mining of remaining supply to hard ceiling of at 21x10^6 coins via an exponential decline.


i dont share my private key. i am not coder, maybe u cant get my btcs easly....




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April 26, 2017, 02:29:37 AM
 #57

Saw your project on icocountdown, interesting stuff, will be watching and perhaps investing. Thanks


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inca
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April 26, 2017, 08:48:08 PM
 #58

Saw your project on icocountdown, interesting stuff, will be watching and perhaps investing. Thanks

Great thanks :-)



1) a small ICO to help with project costs (<5% supply), 2) bitcoin balance importation at 1:1 ratio for first 3 months (signing a QRL address with a bitcoin private key to a valid address and balance), 3) mining of remaining supply to hard ceiling of at 21x10^6 coins via an exponential decline.
i dont share my private key. i am not coder, maybe u cant get my btcs easly....

Yeah that was from many months ago. We have decided not to snapshot the bitcoin blockchain and instead simply launch as a standalone chain from scratch instead. The only way to buy into the ICO will be via the traditional method of sending money to either the multi-sig bitcoin or ethereum address..In the end I decided that that expecting people to sign with private keys was too technical for most users whilst also exposing public keys to those addresses (which is something we are very much against..)

Very very interesting and promising. When is the ICO scheduled for? How much in Seed funding are you guys looking for?  

24th of May. But we are opening in the next week or so for interested investors on our list (hundreds on there already, to register you simply click the link on the front page of the http://theqrl.org). We are aiming for 1M with a cap of 4M depending upon response..

Thanks for your interest..

Inca
James-EST
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April 26, 2017, 08:52:16 PM
 #59

This sounds good. I await to see the results of your work. Smiley
jaychaps
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April 26, 2017, 09:04:23 PM
 #60

This is exciting. I hope the project is a success and perhaps this is the future of cryptocurrency? My biggest worry with Bitcoin is the Quantum computing thread to breaking the Bitcoin keys. If we can secure Bitcoin against this threat, Bitcoin will be very secure and a good store of value.
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