Quantum Resistant Ledger

[Inca]

A big thank you to Bloomie for offering to host a forum for the QRL on this excellent site.

For those of you who do not know this is a crypto project first announced on this very forum last year by myself.

In essence the QRL is a post-quantum secure blockchain - designed to protect users against attack by a suitably powerful quantum computer. Accounts are protected with XMSS, a PQ recommended cutting edge hash-based post-quantum secure signature scheme. Originally conceived to be a POW coin like bitcoin, we have morphed to a custom designed proof-of-stake algorithm which is both probabilistic and random using iterative keyed hash-chains, with a dynamic seed which is altered each block-cycle preventing grinding attacks. We are currently testing the POS algorithm using amazon AWS clusters of node instances scattered across the globe (the latest protocol can be found here: https://github.com/theQRL/pos). The third pillar of the project is a secondary messaging protocol layer built above the blockchain but into the QRL p2p network called Ephemeral. A little like Ethereum Whisper our messaging protocol offers anonymous asynchronous messaging between nodes on the network using PQ-secure lattice-based crypto. This enables some extremely powerful completely secure, anonymous data channels between nodes for PQ-messenger apps, PQ-VOIP, PQ-file transfer etc..

Our GitHub repo is located at https://github.com/theQRL. Our website is at https://theqrl.org

We performed a presale earlier in the year and will be launching our official public testnet very soon.

Mainnet is pencilled in for September/October 2017.

Kindest regards,

Inca/peter

 

[Bloomie]

Welcome, guys.

 

[solex]

@Bloomie @Inca
Great to see a sub-forum here for QRL. There will be a lot of news and discussions about this which deserves a more permanent history than slack provides.

I think QRL has considerable potential, because unlike 90% of the alternative cryptocurrencies, it offers a fundamental new capability.

 

[torusJKL]

Interesting topic.

All the best with your project and the new subforum.

 

[JP]

Thanks @Bloomie - very generous of you.

 

[solex]

A consideration is the ISO code. Satoshi knew about cryptography, maths and coding but he did not know about currency identifiers in mainstream finance. Hence, BTC would have been much better as XBT from the get-go. The iSO 4217 is very important to mainstream finance and any cryptocurrency which observe this will have an invisible leg-up in value and adoption. The Ripple (XRP) and Monero (XMR) architects were fully aware of this.

A suitable ISO code for the Quantum Resistant Ledger is something like XQR or XQL.

Just wanted to mention these for consideration by @Inca, @JP, and @Elliott Dehnbostel and associates, who will be making this important call in the near future.