Alt-Coin Quantum Resistance Ledger (QRL)

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SilverDoge
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby SilverDoge » Sun Jun 10, 2018

How many bitcoins are vulnerable to a hypothetical quantum attack?

Conclusion: Together (as of 2018 June 4): 19% addresses (4,242,958 of 22,275,753) that hold 36% of the bitcoins (6,080,090 of 17,072,361) reveal their public keys.


https://medium.com/@sashagnip/how-many-bitcoins-are-vulnerable-to-a-hypothetical-quantum-attack-3e59e4172e8
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Bridger T
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby Bridger T » Sun Jun 24, 2018

Looks like mainnet release on Tuesday!!?!!
Might be a good time to pick up a little qrl.
Want to buy or trade for #006 and #008 BS and YPS bars. Inquire within.


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SilverDoge
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby SilverDoge » Sun Jul 01, 2018

Bridger T wrote:Looks like mainnet release on Tuesday!!?!!
Might be a good time to pick up a little qrl.


MainNet has launched, and token migration is live again. The issue is that the exchanges are still trading the ERC-20 token so there is no current exchange liquidity for the real Quanta (yet). Oddly, we are at a low 7k sats. Might be a good pick up opportunity, but it could trend down to 5k sats first too, ugh.

https://docs.theqrl.org/ - Token Migration reference documentation here.
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SilverDoge
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby SilverDoge » Tue Jul 03, 2018

This might be the single best article I've read that highlights the need for a blockchain to be Quantum Secure from genesis block. QRL might be years ahead of its time, but it is now here regardless.

https://medium.com/coinmonks/quantum-computers-pose-a-credible-threat-to-the-security-of-bitcoin-4b1dd65944ca
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SilverDoge
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby SilverDoge » Thu Jul 05, 2018

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Bucketeer
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby Bucketeer » Tue Jul 10, 2018

SilverDoge wrote:This might be the single best article I've read that highlights the need for a blockchain to be Quantum Secure from genesis block. QRL might be years ahead of its time, but it is now here regardless.

https://medium.com/coinmonks/quantum-computers-pose-a-credible-threat-to-the-security-of-bitcoin-4b1dd65944ca


Good post Doge
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Chaboo
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby Chaboo » Tue Jul 10, 2018

Is anyone mining QRL?
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SilverDoge
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby SilverDoge » Thu Jul 12, 2018

Chaboo wrote:Is anyone mining QRL?


I do not have a rig, or otherwise I would be. The team is still working on getting the MainNet quanta listed on exchanges. You'd think the current exchanges trading the ERC-20 token would just do a simple swap, but it isn't as easy as simply on-boarding another ETH token.
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cmiller17363
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby cmiller17363 » Thu Jul 12, 2018

I was thinking about grabbing some QRL from Bittrex, but if I understand correctly, they are trading the ERC-20 token and not the actual quanta yet. If I pull the tokens from bittrex and put it on my ledger, i will have to migrate the tokens into quanta at a future date. Is this right?
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cmiller17363
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby cmiller17363 » Thu Jul 12, 2018

https://youtu.be/xxfUpIV9wRI

The whole thing is worth watching, but at around 10:30 he talks about quantum computing.
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SilverDoge
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Re: Alt-Coin Quantum Resistance Ledger (QRL)

Postby SilverDoge » Fri Jul 13, 2018

cmiller17363 wrote:I was thinking about grabbing some QRL from Bittrex, but if I understand correctly, they are trading the ERC-20 token and not the actual quanta yet. If I pull the tokens from bittrex and put it on my ledger, i will have to migrate the tokens into quanta at a future date. Is this right?


Correct. I still have ERC-20 tokens myself, and will do the swap to the quanta when 1) major exchanges have made the swap, leaving the ERC-20 tokens worthless/useless, and/or 2) after QRL team has got full ledger support. I know they've been working ledger support for a while and it is a top priority.
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