The QRL will be the first decentralized #cryptocurrency which is implemented 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 #XMSS, which is a hash-based digital signature scheme, and provably quantum-resistant. The ledger will be the first to use quantum-resistant signatures on a #blockchain, which provides an ultra secure 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 project is to establish a functional and secure blockchain on which more technology can be built, such as the Ephemeral post-quantum secure data channels.

Why QRL?

Based upon the understanding that popular existing cryptographic signature schemes (such as ECDSA) in the #cryptocurrency space are vulnerable to a sufficiently powerful quantum computer running Shor’s algorithm, QRL is addressing what will be a singular threat to the security of #cryptocurrency going forward – the inevitability of quantum computing.

A Look Into The Future

We never like to bet against the future. The development of Quantum Computing has been non-linear up to this point, and we believe that is a trend that will continue into the future. With this in mind, we believe that there is no time like the present to prepare. The current state of #Quantum #Computing would have been hard to predict 5 years ago, and near impossible to predict 10 years ago. This is good to keep in mind whenever reading overly specific predictions about the technology that project out that far into the future.

QRL and Our Solution - Future Proofing the Blockchain

QRL provides a blockchain that is resistant to both conventional and quantum computing attacks. The future of the internet will be built on decentralized protocols and abstraction layers, and we plan on being ready for that future, as well as any sudden quantum computing development (“Y2Q”) that may usher in that reality sooner than expected.

Our blockchain will utilize the previously vetted, provably secure Extended Merkle Signature Scheme #XMSS to ensure that our network is resistant to quantum computing attacks. We aim to secure our network against not only the inevitability of quantum computing, and all that implies for the #blockchain and #cryptocurrency space, but also the potential for a black swan event to rapidly and irreversibly advance the technology with no immediate warning.

By utilizing an address format that allows us to change hash functions down the line if necessary, we have created a #blockchain that is both secure today and adaptable tomorrow.

Links

Website: http://theqrl.org
Discord: https://discord.gg/BheKAZb
GitHub: https://github.com/theQRL
Medium: https://medium.com/the-quantum-resistant-ledger
Twitter: https://twitter.com/qrledger
CoinMarketCap: https://coinmarketcap.com/assets/quantum-resistant-ledger/
Bittrex: https://bittrex.com/Market/Index?MarketName=BTC-QRL
Subreddit: www.reddit.com/r/QRL /
Whitepaper: https://github.com/theQRL/Whitepaper

We now have translations in Japanese, Russian, Chinese, German, French, Turkish, Spanish, & Vietnamese on our website

Now that we know the details about Quantum Resistant Ledger (QRL), let’s get to mining some QRL

Quantum Resistant Ledger (QRL): Those who have no idea about mining can easily start mining by watching this video.

Quantum Resistant Ledger (QRL) Mining Pool: https://qrl.herominers.com

SRBminer-Multi v0.4.7+ (Windows, Linux, CPU)

Run guided_setup.bat file and answer questions:

Configuration name: qrl-herominers
Enter the algorithm name you want to use: randomx
Address and port of mining pool: qrl.herominers.com:10371
Is this pool using SSL/TLS encryption? n
Is this a nicehash pool? n
Wallet Address: YOUR_WALLET_ADDRESS (can be ADDRESS+PAYMENTID or ADDRESS.DIFF or ADDRESS+PAYMENTID.DIFF)
Password: YOUR_WORKER_NAME
Do you want to enable logging? n or y (optional)

XMRig v6.2.2+ (Windows, Linux, CPU, GPU)

Example start.cmd

@echo off
xmrig.exe --donate-level 1 -o qrl.herominers.com:10371 -u YOUR_WALLET_ADDRESS -p YOUR_WORKER_NAME -a rx/0 -k
pause

XMR-STAK-RX v1.0.5+ (Windows, Linux, CPU)

Run xmr-stak-rx.exe file and answer questions:

Use simple setup method? (Y/n) y
Please enter the currency that you want to mine: randomx
Pool address: qrl.herominers.com:10371
Username (wallet address or pool login): YOUR_WALLET_ADDRESS (can be ADDRESS+PAYMENTID or ADDRESS.DIFF or ADDRESS+PAYMENTID.DIFF)
Password (mostly empty or x): YOUR_WORKER_NAME
Does this pool port support TLS/SSL? Use no if unknown. (y/N) n

Example pools.txt

"pool_list" :
[
{"pool_address" : "qrl.herominers.com:10371", "wallet_address" : "YOUR_WALLET_ADDRESS", "rig_id" : "", "pool_password" : "YOUR_WORKER_NAME", "use_nicehash" : false, "use_tls" : false, "tls_fingerprint" : "", "pool_weight" : 100 },
],

"currency" : "randomx",

Happy Mining.