[ANN] QRL - Announcing the Quantum Resistant Ledger

[applsdev]

What is the sources on github?

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[inca]

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..

[awoland]

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

[inca]

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

[onemanatatime]

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 ?

[QRL]

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

[inca]

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.

[cryptogasm]

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

[beyinsi]

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....

[imjustsayintho]

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

[James-EST]

This sounds good. I await to see the results of your work.

[jaychaps]

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.

[inca]

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.

That is a premise of our coin - being a reservoir for value in case of Y2Q. Arguably more interesting is our end to end private post-quantum secure data channel layer 'ephemeral'.

inca

[sotisoti]

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.

That is a premise of our coin - being a reservoir for value in case of Y2Q. Arguably more interesting is our end to end private post-quantum secure data channel layer 'ephemeral'.

inca

Can I have access to slack? I have sent you a few PMs.

[QRL]

Good Day,

We are very excited about the response shown for QRL. We believe in our vision for post-quantum blockchains and communication. One of our contributors to operations recently posted a medium article. It was an effort to evaluate the value of the network given the potential loss due to vulnerability. It is a probabilistic assessment that provides one way to evaluate one aspect of QRL's value proposition.  We would love your feedback and response.

https://medium.com/the-quantum-resistant-ledger/the-investment-thesis-for-a-quantum-resistant-ledger-9d335f8cf9ef

We are also working on the post-quantum messaging layer. We believe this integrated functionality can provide a number of novel use cases. We really look forward to discussing the project with everyone and creating a platform with immense value.

Don't forget to add your name to the contact list on the website. We are going to have some significant updates soon!

[inca]

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.

That is a premise of our coin - being a reservoir for value in case of Y2Q. Arguably more interesting is our end to end private post-quantum secure data channel layer 'ephemeral'.

inca

Can I have access to slack? I have sent you a few PMs.

Slack is showing it is already sent..If you have another email (or check yours) pm me!

[BTC Community]

nice project but lack the effective promoting plan

[onemanatatime]

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.

Wow that is indeed very interesting.. I didn't know about the estimated probabilities of this situation actually becoming reality. Does look like it will happen much faster than people expect if the estimates are right...

Can you share abit more about how the seed funding round will take place? is it only offered to private investors, or will you be hosting an ICO online?

[EDisney]

Thanks for your interesting updates.

[QRL]

“Seed investment strategy, POS algorithm updates”
https://medium.com/the-quantum-resistant-ledger/seed-investment-strategy-pos-algorithm-updates-3b3854e83a4a