Alt-Coin Quantum Resistance Ledger (QRL)

SilverDoge · 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

Bridger T · Postby **Bridger T** » Sun Jun 24, 2018

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

SilverDoge · 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.

SilverDoge · 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

SilverDoge · Postby **SilverDoge** » Thu Jul 05, 2018

Overview of the Red4Sec security audit (completed before launch): https://medium.com/the-quantum-resistant-ledger/red4sec-security-audit-concludes-a-summary-563ecfe04c75

MainNet launch announcement: https://medium.com/@adamkoltun/the-start-of-a-journey-cf7fb47f0c

Bucketeer · 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

Chaboo · Postby **Chaboo** » Tue Jul 10, 2018

Is anyone mining QRL?

SilverDoge · 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.

cmiller17363 · 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?

cmiller17363 · 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.

SilverDoge · 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.