[ANN] QRL - Announcing the First Quantum Resistant Ledger

[tobeaj2mer01]

Official ANN is here: https://bitcointalk.org/index.php?topic=1730273.0, but I think this is the better place for a new coin announcement:

I would like to announce a new project I have been working on called the Quantum Resistant Ledger (QRL).

The QRL will be a cryptocurrency ledger which is designed from the outset to be resistant to both classical and quantum computing attack. It uses a different system of cryptography to bitcoin (and all other altcoins) known as hash-based digital signatures which are quantum-resistant.  The ledger will be the first to experiment with quantum-resistant signatures whilst providing an ultra secure backup store of value in the event of a sudden advance in quantum computing (rendering bitcoin, ethereum etc vulnerable to attack). The initial aim of the chain is to offer a low volume of ultra secure transactions in the first iteration with guaranteed longevity.

Proposed technical details can be found in the white paper on the website at the bottom of the post.

The project is small at present and at an early stage being lead by myself with two post-doc phd's in an advisory role. We are seeking a website designer and a C++ programmer to complement the team with a view to a launch in the coming months. Anyone wishing to get involved in an exciting conceptual project at an early level please PM me or email me via the website below.  

Regarding coin issuance we may follow a three-pronged approach (though subject to change): 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.

Feel free to ask any questions.

Many thanks,

Inca

Whitepaper: http://theqrl.org/whitepaper/QRL_whitepaper.pdf
Website: http://theqrl.org
Team's profile: https://theqrl.org/presale/team.html
Subreddit: www.reddit.com/r/QRL
Slack: https://qr-ledger.slack.com/messages/C2Z8YG2Q2/
Github: https://github.com/theQRL/qrl

[2bfree]

Someone needs to make a simple 1 minute video to explain what this thing is. I'll be honest I don't get it.

[bspus]

It seems this coin has already launched and is listed on bittrex.

So why this ann now? Is the snapshot of btc taken already

[cryptodv]

It seems this coin has already launched and is listed on bittrex.

So why this ann now? Is the snapshot of btc taken already

It was listed under project-development with a pre-sale, no ann. It sold out within 2 weeks or so. The only reason I found it was because of ICOcountdown.com , so I got in early.

[bspus]

OK, but was a snapshot of bitcoin blockchain ever taken?
If so, can we still claim QRL?

[Vlizzjeffrey]

OK, but was a snapshot of bitcoin blockchain ever taken?
If so, can we still claim QRL?

claim QRL for what?

[bspus]

OK, but was a snapshot of bitcoin blockchain ever taken?
If so, can we still claim QRL?

claim QRL for what?

From OP:

Regarding coin issuance we may follow a three-pronged approach (though subject to change): 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'm, guessing either this never happened or it's already over

[Kazadar]

OK, but was a snapshot of bitcoin blockchain ever taken?
If so, can we still claim QRL?

No the snapshot was the original idea but it was later changed.
They had a small ICO which sold out by presale. Also the total amount of coins is 65M with 52M being in circulation.

[Vlizzjeffrey]

Was this it? quik 1 day p&d and its done?