Reddit Posts
Assessing the potential impact of Quantum computing on Blockchain/Crypto 📖
The "Paid News" project based on the QRL blockchain
Quantum computing and crypto developments
Is Quantum Computing a Threat to the Security of Cryptocurrency?
Are these Cryptocurrencies Quantum Secure? | QRL, Mochimo, IOTA, Cardano
First Quantumcurrency ever made - The Quantum Resistant Ledger- QRL
First Quantumcurrency ever made - The Quantum Resistant Ledger (QRL)
Techniques for efficient post-quantum finance (Part 1: digital signatures)
Interesting move from a post-quantum-secure crypto named QRL
It's time to think about what threat Quantum Computers have agains crypto
Will Ethereum 2.0 be safe against Quantum Computers or will there be another update that takes years for that in the future?
Will Ethereum 2.0 be safe against Quantum computers and what about other coins?
Mentions
Mochimo as a pioneers without any ico in quantum resistant niche, followed by QRL and cellframe. All very small market cap coins with enormous potential when Qday arrives.
Bitcoin doesn't need to hard-fork to add new asymmetric digital signature algorithms. Schnorr was added as a soft fork There's a recent obsession with making existing QC vulnerable unspent coins unspendable. That would be a hard fork. But that's not a discussion about quantum computing. It's a choice between mandatory coin burning and allowing spending by QC The elephant in the room is a technical one (conveniently ignored by the QRL fan's comment). A scheme like XMSS (his example) has a signature which is 38 times larger than Bitcoin's current signatures More important, it takes 50x more compute time to verify each signature. For each new block, every Bitcoin node verifies every signature in every transaction input - roughly 5000 txinputs per block. Currently, it takes a node about 9 seconds to verify a block (including the thousands of signatures), and the node network's topology is 3 or 4 layers deep. Full propagation of a new block takes in the order of 43 seconds. In the context of Bitcoin's 10-minute average block interval, the current propagation time is optimal This issue is completely absent from the OP's linked paper. The paper appears to have been written by "Doctors" with a weak understanding of the decentralization aspect of Bitcoin Also, the paper contradicts itself in the discussion about SHA256 hashing - stating that QC hashing isn't a risk to Bitcoin mining, and then claiming that it is. This type of contradiction is a common feature of research papers written partially by LLM engines The paper's justification for predicting a short QC timeframe is very shallow, not based on the reality of the incredibly slow progress of QC research
This Chaincode report is one of the clearest overviews I've seen on Bitcoin’s current vulnerabilities to quantum computing. It emphasizes how Bitcoin's ECDSA signatures are the weakest link—public keys become exposed once coins are spent, and Shor's algorithm could theoretically break those with a sufficiently powerful quantum computer. What’s particularly interesting is how the report proposes proactive migration strategies, though they hinge on user coordination and optional upgrades, which Bitcoin has always been slow to adopt. The reality is that unless there's a hard fork or some kind of universal upgrade path, a lot of coins (including Satoshi's) will remain vulnerable. This is where something like the Quantum Resistant Ledger (QRL) becomes relevant. QRL was built from the ground up using post-quantum secure signature schemes (XMSS, approved by NIST), not just tacked on as an afterthought. That said, it’s going to be tough for Bitcoin to shift gears without compromising some of its principles.
Nothing crazy about it. Bitcoin is the first blockchain. QRL is the first Quantum Resistant Blockchain.
Agree! QRL is the way! Quanta>Satoshis. Keep stackin' the Quanta!
Anyone with significant holdings of crypto and no QRL is a bit crazy, IMO.
The quantum resistant chains will be the most promising in the next years to come. It's still a smart money move. The academics understand the absolute difficulty and monumental task of migrating to a pq scheme. Most people call it fud or years away, but its not. Its one of the fastest developing world changing techs out there. I've only ever heard of one blockchain that has been quantum resistant since block 1, not an erc20 either. That is QRL.
QRL- crypto that is quantum resistant! Check it
No clue why you are getting downvotes. The article literally references QRL
$QRL has already been utilizing hash based quantum secure signatures for 7 years now and will be incorporating lattices this year. There's nothing you can invent that will outperform them and several other quantum resistant coins that have been here for years now
I prefer what the QRL team are doing.
Long-term for stability and modest gains: BTC & LTC (based on history, uptime, decentralization, most used, most reliable, most scarce, most secure, ETF support, etc.) Long-term with more risk and potentially much higher reward: Something that is quantum-resistant such as QRL or something that can everything very well such as ALGO I believe ETH has had its day. It does not have the first mover advantage that BTC and LTC have, and it’s suffered a lot of problems over the years with high gas fees and developers moving to other ecosystems. It increased in value because at one point it had the best tech. That is no longer the case.
Its worth mentioning that Lockheed Martin is making use of the QRL for secure communication. [https://www.benzinga.com/partner/cryptocurrency/24/07/39929194/lockheed-martin-looks-to-the-quantum-resistant-ledger-for-secure-blockchain-communication](https://www.benzinga.com/partner/cryptocurrency/24/07/39929194/lockheed-martin-looks-to-the-quantum-resistant-ledger-for-secure-blockchain-communication)
Not sure how the bot came up with these marketcaps. OZO isn't even on the list! Ckb abandoned their PQC a while ago. The most serious players appear to be QRL and QANX as both are participants in the Linux Post Quantum Cryptography Alliance. Top companies are there like NVIDIA IBM AWS GOOGLE META. Only 23 members
tldr; The article lists the top quantum-resistant tokens by market capitalization. The tokens mentioned include Ozone Chain (OZO) with a market cap of $135.38M, Quantum Resistant Ledger (QRL) with $55.73M, Cellframe (CELL) with $34.48M, ILCOIN (ILC) with $2.57M, and AME Chain (AME) with $1.17M. These tokens are designed to be secure against potential future quantum computing threats, which could compromise traditional cryptographic methods. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
If you knew about non-kyc exchanges, you could have simply sent some btc to those exchanges and swapped for xrp instead. I did that for QRL recently.
Thankfully there is the Quantum Resistant Ledger (QRL).
QRL is my top pick, people are figuring out that quantum isn't as far off as they thought, maybe HBAR and Monero I keep hearing about but haven't looked into them BTC def the top pick if there's another rally though. A good strong wind could 3x it I think, but I don't know if we will catch that wind.
Bitcoin of course. Some new... relatively...maybe QRL or Solx...
Quantum Resistant Ledger (QRL). Thank me later.
According to IanSmith the only Quantum Resistant Coins are QRL, CELL and MCM. He looks at the source code and wallet encryption algorithms. ABEL incorporated a MetaMask wallet extension. QANX is still a layer 2 and is not open source e.g. "Trust me bro!" undergoing an audit...just like tether. We will see alot of scams coins in the future claiming to be Quantum Resistant but aren't trying to capitalize and bamboozle the public on the QC Narrative. CKB and ALGO still aren't QC resistant to Ian.
I don't understand why QRL isn't pumping right now. DWave certainly is. Everyone in crypto seems to be pretending that their encryption is safe when most of it isn't.
QRL - Quantum Resistant Ledger
I really don't see the point rn as this is all in the past but if you insist... end of 2021 I had my first successful NFT launch with a company that brought in about 2mil from the sale, needless to say I had a nice payout from them as a dev and quit my day job. I was investing in all kinds of stuff. I think those drip tokens were popular at the time and I told everyone they were a sham (which they ended up being) because there's no way that 80% of the shitcoin being held could keep generating 1-5% per day unless something fishy was happening. Couple months later after playing in DeFi for a bit I noticed the general trend line from November was slowly tumbling and had done some research on all the cycles before that. Everyone on the internet seemed to be spouting this HODL nonsense and the news kept making BTC predictions extending to 2040 based off data from the current cycle. Over three months though the prices of everything was steadily going down so I bounced and started selling to safeguard my money (which I had to pay 40% SP income tax on) on top of just pulling what I needed to pay taxes and bills. Tried to warn said NFT ceo and community that Eth should be at the very least converted to USDC so that community funds wouldn't be lost. The CEO actually agreed with me but the community was FUDding the idea claiming any attempt to convert funds in the community wallet they were watching was a scam indication. Needless to say over the next 6 months they lost all the value of the community fund, co-op jobs with that community stopped coming in, and the market was pretty much ded. Then of course tether, FTX, and all that crap happened, in alignment with previous cycles it seems. Big company always seems to go down on the downward side. Mates and I were trying to time the bottom so we could start buying in again, money was getting harder to find so I was scraping by with dev jobs here and there but ended up losing most of the money I had pulled out for bills and paying off some other debt. Still things going well. IIRC 16000 for bitcoin we decided market had capitulated to the point we could start stacking again. My dev job downturned even more on "crypto is a scam" news so I spent about 6 months unemployed and my stack of eth dwindled a LOT. Got back on my feet at my current company and started stacking again as I could on the way back up. Friends were still holding some 4k eth they had bought but also were buying up the dip so they were getting positioned at least to take profits. Plus we made some money on memes and such with some good calls (Pepe and Pooh coin did well for us). There were a couple in the group that werent, but by the time BTC hit 60k I was still calling it a good buy and the stragglers hopped on. At 100k, look on my long chart, bitcoin is waffling again, started exiting my Eth and Btc positions around that time, little at a time b/c it could still go up, but sooner or later I expected to see a drawdown. Got tired of the sideways movement and yeeted. I don't remember the exact news for that one just not following the trendline. By mid-Feb this year I'm out of everything, because there hasn't been a big pump like previous cycles where there should be. I actually bought some at 80k again, just a little and expected to buy yesterday at 75k but obv that didn't happen, so I'm like screw it I'm up a lil bit and don't know what it's gonna do so dumped that this morning and took my little gains on it. Right now I'm basically waiting on a heavy draw-down, at least to 70k, and then start up the DCA machine again for a while and see if it zooms back up or dies down, but either way it'll be a little every week or two after that happens. If it does zoom up I'll watch that trend-line again and hopefully take profits before the lemmings jump off the cliff again. Also kinda waiting to see which huge bank or crypto company takes a dump either this year or next. I lied a little bit, I have been building up my QRL supply because I believe in the project, but I don't have a ton of money in there. I just like what they are doing so finally started dropping some coin on it.
the people working on the solutions are the QRL team, quantum safe for the last 5 years
It’s not as big of a threat to Bitcoin currently since you can take some simple steps to protect yourself from long exposure attacks by using a P2PKH or P2WPKH address type and avoiding address reuse. With these addresses types, an attacker would need a significantly more advanced quantum computer that’s able to crack keys within the time from when a transaction is broadcast until when it is mined. We have the time still to flesh out an ideal solution that will have minimal impact to blockchain size. In an emergency situation say if there was a quantum breakthrough tomorrow, it would be easy enough to implement a solution that would work, but is far from ideal. ECC depreciation isn’t recommended by NIST until 2030 still, and it’s likely we could see a soft fork for BIP-360 well before that, so there’s no point rushing out a solution now. Coins like QRL just exist to enrich their devs from FUD around quantum computing, which while quantum concerns are valid, there’s no reason to panic yet, especially when people are working on solutions.
upvoting because it's good conversation so, in that frame of mind... "bitcoin will be fine" seems a little premature of a thing to say don't you think? Especially with other cryptos putting the problem in the foreground and actually working on it right now rather than just pointing at a this-and-that BIP written a couple months ago? Bitcoin may well be fine when the time comes, but the problem is not solved, and the fact that they waited till 2024 to actually write this protocol without discussion of which NIST approved methodologies to use at all, well. It's sloppy. And lazy. QRL is just my opinion. Others are free to disagree, but when panic hits the masses it will be sudden and the response will be immediate. That's why banks and large web companies are working on and implementing solutions right now rather than sitting on it. The odd thing about breakthrus is nobody ever knows when or if they will hit. Maybe quantum will prove to be a dud, or it'll become a generational cash cow like fusion energy generation did (been 20 years out since the 1960s). The point is that some people would rather trust that it can be handled "when the time comes" while others say "there's no time like the present" and get things done.
quit your crying, buy some QRL, lol
Dunno. I already bought a shitload of QRL, no idea why other people haven’t caught on yet but I’m glad they didn’t.
QRL is leading the packing for sure
It’s clear this is the next major looming discussion in crypto, yet only few choose to acknowledge it. Well it’s happening whether the rest of the many like it or not 🤷♂️ I like to focus on companies and projects that are actively positioning themselves, and preparing for the inevitable threat. Have a feeling that: $QANX $QRL Will become major household names in the crypto space. I’m sure there are others that may emerge but these are the two I know of forsure with professional teams. 
If you're truly looking longterm there is no harm in hedging with a quantum secure cryptocurrency, because in 10 years time at most existing cryptography will be broken causing some serious pain points for cryptocurrencies that get caught with their pants down. For example even if bitcoin implements the year long+ upgrade to a secure algorithm existing wallets can be vulnerable depending on certain criteria and one of those is Satoshis wallet, so that alone would cause markets to change drastically. No harm imo having a small position in the only quantum resistant, up to NIST recommended cryptographic standards, the cryptocurrency QRL :3 This isn't spin, almost all other cryptocurrencies claiming quantum resistance have massive flaws that render any efforts implementing QR algorithms pointless due to weaknesses elsewhere.
I’d think $CELL and $QRL - primary because they are the two main quantum resistant crypto’s. Both spiked temporarily after the release of Willow (Google’s new quantum chip). I dont own either but have considered getting some
Ancient QRL hodl'ers praying so hard right now
No idea what's happened to that shitcoin now but quantum resistance was one of their marketing gimmicks and people who fell for this scam used to always hype up Winternitz. Come to think of it Iota, QRL, Elastos, Nebulas, Skycoin, Xtrabytes......all the shitcoins hyping up quantum resistance a few years ago are pretty much dead
Just want to put it out there. Right now there are only 4 Quantum resistant Blockchains: QRL, CELL ABEL & CKB 🔥
I was wondering why my old 2017 bag of QRL was suddenly pumping. 🤣🤣
Ah darn it! Too late to hop on the QRL's train. But it's worth to keep it on my watchlist, hopefully it'll correct. A fairly ambitious project given this week's news, whose founders have proven credentials. Might wait on the sidelines to put some money in. Yeah, you guys might read this as if I'm shilling this project. Better to shill this than any other projects with the name 420dogeshibaeloncum.
Quantum Resistant Ledger (QRL), you're welcome.
Oh so that's why my QRL (Quantum reistant Ledger) went up 170% yesterday..
Look into QRL to hedge for quantum break through
Quantum resistant crypto already exists, see Algo and QRL for example
tldr; QRL has announced the beta-testnet release of Project Zond, a next-generation network with EVM compatibility. This milestone marks a significant step in the revival of QRL's proof-of-stake protocol, offering blockchain developers the opportunity to experiment with smart contracts and develop dApps. Zond is designed to be quantum-safe, addressing future challenges posed by quantum computing. The network features a consensus client and an execution client, ensuring secure and efficient operations. The beta-testnet includes Web3 compatibility and aims to improve network functionality before the mainnet launch. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The Quantum debate has been raised a few times recently, firstly with the paper addressing how long it would take to upgrade BTC to a quantum secure state, the second being a hyperbolic release of a paper by Google regarding its new Willow chips for QC. Both these events should highlight the need to pay some attention to this looming obstacle on the horizon. It isn't a boogieman, its a very real threat to the entire ecosystem, and if anything needs to be QC resistant, its digital money and computing. The QRL team are not just in it for their own gain, they care about QC resistance across the entire ecosystem - here is a podcast with the authors of the recent Bitcoin upgrade paper - [https://www.youtube.com/watch?v=uyYbW1Yb\_to](https://www.youtube.com/watch?v=uyYbW1Yb_to) and here is a link to enQlave - [https://www.theqrl.org/features/enqlave/](https://www.theqrl.org/features/enqlave/) "EnQlave is an education initiative and ecosystem which brings **trustless on-chain post-quantum security** (the EnQlave wallet) and **cross-chain interoperability with QRL** (wQRL + DEX) to sufficiently scriptable and supported blockchains, starting with Ethereum" They are leading the charge in quantum initiatives and its highly important that we collectively keep this discussion going so that developers feel the pressure to act now and not get caught with their pants down.
So the claim that no Willow could "break" Algorand is false for now, there are other QC resistant cryptocurrencies that are fully NIST QC ready today, like QRL (Quantum Resistant Ledger) that has been operational for years, I do like how Algorand is setting a strong example though on how to upgrade existing networks to QC resistant algos and methodologies.
QRL, the only natively quantum proof cryptocurrency is up >100%, but most people aren't aware of it, nor the realistic threat of QC in the next 5 years. People like to pretend technology is slow but breaking encryption is a massive dangling carrot globally, it is being pursued intently by people with resources and brains way bigger than us. Google won't be the one to break encryption, it will be intelligence agencies across the world and well funded entities, or criminal orgs pumping everything they have into it. The first group to break current encryption will literally rule the world overnight, it's a massive deal.
I think it's safe to say it is, leading Quantum Proof cryptocurrencies just did a green dilly up while bitcoin did the opposite. QRL did +155% due to this, and likely will go higher when they add smart contracts in Q1 25
CELL and QRL mooning.
Interestingly QRL (Quantum Resistant Ledger) is pumping.
p sure it is. QRL is up 30%. That said, it looks like things are bouncing back again
I'm thinking it has something to do with the Google quantum chip news. Interestingly QRL (Quantum Resistant Ledger) is pumping.
It's your private/public key where the weakness lies. ECC is easily broken by quantum computing, which is why major business and government are already preparing. NIST has advised all systems to start preparing now. Check out Linux post quantum computing association. Nvidia, IBM, AWS, Google are there. They get it. There's about 20 members. 2 blockchain members include QANPlatform and QRL. While it would be great if bitcoin could implement similar solutions, it really is hard if not starting with a fresh chain.
QRL for sure. Insane how low it is. It has been around since 2016, was even mentioned on Bitcoin Talk forum back then. They've been slowly building (community devs) and have a great management team now. It's the only true quantum resistant blockchain (as in secured from the genesis block) with a quantum secure wallet which uses XMSS. Relatively low supply. They're also a member of the Post Quantum Cryptography Alliance, alongside the likes of CISCO, AWS, Google, IBM, Nvidia, Meta/Facebook and others. I believe QAN (QANX) recently joined also.
QRL (Quantum Resistant Ledger), CELL (Cellframe), CKB (Common Knowledge Base)
Vitalik isn't the only one that has at least thought about how to solve this risk. These are coins I'm aware of with some level of research, plan, or existing implementation. ETH, CELL, HBAR, QRL, XX, AME, XEP, HBAR, ALGO, QANX I've seen quite a few debates on which of these will offer the solution the space needs. And why they will be adopted for more than just updated encryption. They all still have some work to do, and I don't view them as competitors to each other. I gravitate towards QANX, which caught my attention long ago. I still believe they have a brilliant approach to web3 and enterprise utility, and appear to be nearing the finish line. In the end all systems must upgrade or be left behind. These projects preparing from block zero will not have the tough challenges old coins have deal with (which is why we see such resistance to working on this). They also have a huge head start.
QRL (Quantum Resistant Ledger)
Well first, any cloud miner is a scam in general - If anything offers to "mine on the cloud" then you are being scammed, especially if it's on your phone, or an app on the app store. You can't mine anything by watching adds, or purchase computational power to mine anything because that's not how mining works. You can mine Bitcoin with ASICs (The only type of device with enough theoretical power to hit a Bitcoin block) such as [Bitmain's devices](https://m.bitmain.com/) or you can use your CPU/GPU devices to mine either by yourself (not the same as this scam app) or through a mining pool, mining things like QRL or KASPA. You will need a powerful graphics card or CPU to achieve anything worthwhile, and odds are your electrical bill will cost more than whatever you get mining.
Vitalik isn't the only one that has at least thought about how to solve this risk. These are coins I'm aware of with some level of research, plan, or existing implementation. ETH, CELL, HBAR, QRL, XX, AME, XEP, HBAR, ALGO, QANX I've seen quite a few debates on which of these will offer the solution the space needs. And why they will be adopted for more than just updated encryption. I can make arguments for and against all of them. Including QANX which caught my attention long ago, though I still believe they have a brilliant approach and appear to be nearing the finish line. In the end all systems must upgrade or be left behind. These projects preparing from block zero will not have the tough challenges old coins have deal with (which is why we see such resistance to working on this). They also have a huge headstart.
So far the coins I'm aware of with some level of research, plan, or existing implementation. ETH, CELL, HBAR, QRL, XX, AME, XEP, HBAR, ALGO, QANX
Also note that earlier this year, Vitalik proposed an emergency plan if quantum computing were to advance faster than expected. Considering the investments and innovations on multiple fronts, the risk certainly exists. That news drove up price substantially on several projects that put heavy focus on preparing for this. QANX CELL QRL XX all saw a spike but fell back hard. Only QANX has seen a lift this week, so the news hasn't done much, if anything. But there will be an expectation projects are secured with the new standards. These projects may gain a lot of visibility going forward.
QRL (Quantum Resistant Ledger), CELL (Cellframe) and CKB (Common Knowledge Base) are all Layer One Blockchains that are already PQ secure. They are way ahead of the game.
> Lockheed Martin went with QRL, and filed a patent. Do you know where there is any more information about this??
You can acquire QRL now by mining it. I've been mining it on all of the PC's in my house since 2018. Uses a CPU algorithm.
QRL (Quantum Resistant Ledger), CELL (Cellframe) and CKB (Common Knowledge Base).
QRL has EVM compatibility in the pipeline via ZOND and has been at this longer than probably another other blockchain. There is a reason Lockheed Martin filed a patent with them. QANplatform is very questionable. Abelian is another one that is questionable. QANplatform is still an ERC-20 token at this point. It's not even a layer 1. We can agree that the market will decide and that there will likely be multiple solutions for PQC security.
QRL (Quantum Resistant Ledger), CELL (Cellframe) and CKB (Common Knowledge Base) are all taking the threat seriously. Other projects claiming to be Quantum secure seem very questionable. Lockheed Martin went with QRL, and filed a patent. Here is a recent video with Ian Smith that has some good takes about PQC. [https://www.youtube.com/watch?v=9OZR-WgTylU&t=5s](https://www.youtube.com/watch?v=9OZR-WgTylU&t=5s)
> I think the QANX solution will rise to the top - Why Bitcoin fears Quantum Computers - and IOTA doesn't - IOTA is the future #quantumproof - QRL is going to Pluto https://np.reddit.com/r/CryptoCurrency/comments/7pi892/why_bitcoin_fears_quantum_computers_and_iota/ (January 2018)
Dude, did we just become best friends? This is precisely what I've been saying for months!! Also a QRL holder, it is the only true (as in from the genesis block) quantum resistant ledger/token that I know of - including QR wallets. I also hold ALGO, whilst they've tried to quantum secure the network, wallets with exposed public keys are still vulnerable. QRL is so under the radar its ridiculous, but Lockheed Martin recently filing for a patent with QRL explicitly mentioned several times in said patent is all I need to know.
No idea why it refers to 'a' but 230a is the QRL Blockchain logo. The patent is for secure communications which makes sense for a government contractor involved in national defense.
I think the most notable update is the Lockheed Martin has decided to patent and build on Quantum Resistant Ledger (QRL). Many of these other projects claiming to be Quantum Resistant aren't even Layer 1 Blockchains. [https://www.army-technology.com/data-insights/lockheed-martin-in-cybersecurity-theme-innovation-strategy/](https://www.army-technology.com/data-insights/lockheed-martin-in-cybersecurity-theme-innovation-strategy/)
They aren't. QRL has been quantum secure from genesis and while ALGO has hired a cryptography export in the form of Chris Peikert, they still use elliptic curve cryptography for their signature scheme which is absolutely not quantum secure. Algorand is going to have the same problems as everyone else
No it can't, not simply. This is a massive undertaking that will be a minimum of 5 years assuming the core devs can even come to consensus on which algorithm to use There's a real chance we have a sufficiently capable quantum computer by then (IBM says they should have one by early 2030s) running Shor's algorithm which can crack ECC - what BTC, ETH, and all other cryptos are using for their signature scheme. The only projects that have even mentioned it are ETH and ALGO but are still using ECC. Vitalik even said in his blog post that ETH will wait for a quantum attack to occur, then perform a rollback which will damage the immutability of the chain. https://ethresear.ch/t/how-to-hard-fork-to-save-most-users-funds-in-a-quantum-emergency/18901 QRL is leading the small subset of coins actively addressing this problem of being quantum secure from genesis. Bitcoin cannot simply fork to solve the problem
My large-mid caps are packed. Accumulating low caps: QRL, Velo, SHX. Interested in a few others but haven't pulled the trigger yet.
$QRL is the only serious coin in this category
Yeah, and it's also been around for longer than other projects. Atm QANX seems to have the spotlight and they apparently spending a lot on marketing, but other projects in space like QRL are being developed and promoted as well, and frankly all of them have very low market caps
Lockheed Martin filed a patent using QRL which is quantum resistant since genesis. That says quite a bit... It's also open source. Definitely interesting times ahead for anything digital that requires security as Quantum computing becomes a reality.
# #2 Lockheed Martin just filed a patent using Quantum Resistant Ledger (QRL) Blockchain.
> there are others as well) QRL looks most honest
Sell a bit of that and buy a few QRL . A few may be all you need ;-)
QANX is currently just ERC20 token living on Ethereum network, which makes it not quantum resistant. They keep promising mainnet launch since 2020, postponing it year after year. Cellframe is better, but the CELL you are buying/selling on exchanges is again just ERC20 token on Ethereum. They have one-way bridge from this ERC20 token to their native blockchain, but since it's one-way, you won't be able to sell that native coin anymore! QRL is fully working open source quantum-resistant blockchain project since 2018. Available on MEXC, LBank and XT exchanges as the real QR coin.
QANX is currently just ERC20 token living on Ethereum network, which makes it not quantum resistant. They keep promising mainnet launch since 2020, postponing it year after year. Proof: [https://postimg.cc/mP9pVntY](https://postimg.cc/mP9pVntY) Cellframe is better, but the CELL you are buying/selling on exchanges is again just ERC20 token on Ethereum. They have one-way bridge from this ERC20 token to their native blockchain, but since it's one-way, you won't be able to sell that native coin anymore! Proof: [https://postimg.cc/8JZZjQ0S](https://postimg.cc/8JZZjQ0S) (on their website) QRL is fully working open source quantum-resistant blockchain project since 2018. Available on MEXC, LBank and XT exchanges as the real QR coin.
I wouldn't say QRL **started** as a token, because it was in that form only to get funding for the project through ICO in 2017. Then in 2018 was launched own QRL mainnet and people swapped the tokens for the native form, which was the original goal and so I consider **that** the real start of QRL.
QANX is currently just ERC20 token living on Ethereum network, which makes it not quantum resistant. They keep promising mainnet launch since 2019, postponing it year after year. Cellframe is better, but the CELL you are buying/selling on exchanges is again just ERC20 token on Ethereum. Then have one-way bridge from this ERC20 token to their native blockchain, but since it's one-way, you won't be able to sell that native coin anymore! QRL is fully working open source quantum-resistant blockchain project since 2018. Available on MEXC, LBank and XT exchanges as the real QR coin.
The most complete answer yet. I remember that QRL published articles explaining why it matters to be QR from the onset instead of appending it afterwards. It's a long play, I have a small bag and see it a bit as "insurance" in the case of a surprise breakthrough event in quantum computing. And I guess you are being downvoted because people don't like to hear that their QR coin is not as QR as they were told...
Thankfully, there are a few blockchain projects already making efforts to secure finances from the threat posed by quantum computers, although, they are few and far between. Additionally, being that quantum resistant technology is not properly understood by many, there are projects that aim to achieve this goal but fall short. Currently, standards for such post-quantum cryptography are established by NIST, which is set to reveal its accumulated list of approved quantum resistant cryptographic schemes later this year. Not all blockchain projects that aim to be quantum resistant meet the recommendations that are recognized to effectively be quantum resistant, which really makes this the first barrier to entry when it comes to a blockchain project claiming to be such resistance (i.e. If a blockchain project doesn't use a NIST-approved quantum resistant cryptographic scheme, don't bother with it.) Additionally, often overlooked is whether a quantum resistant coin is hosted as a token on a parent chain (e.g. Ethereum or Solana), or has it's own native blockchain. You can be assured that even if a fully quantum resistant coin is hosted as a token on a parent chain, it's security is only as good as the security of the underlying network it's built on. A hard fork upgrade to the underlying network, which processes those token transactions, won't fix this issue because it won't apply to pre-fork wallets. Projects like QANplatform and Cellframe (which is tethered to unsecure networks) are good examples of pseudo-quantum resistant cryptocurrencies. Other projects which which purport to meet quantum resistant approved criteria, are either illiquid, unmaintained, or even down-right undesirable in the case of Algorand due to being named a security by the SEC. This doesn't necessarily disqualify these projects if they're willing to correct their mistakes! But currently, the best contender in this field is QRL (Quantum Resistant Ledger), which also started out as a token on the Ethereum network before permanently migrating to it's own native blockchain which has been up for almost 6 years, now. Additionally it's undergoing active development to introduce smart-contract capability to it's blockchain and switch it's consensus mechanism to Proof of Stake from Proof of Work, all while maintaining its NIST-approved standard of being quantum resistant.
As far as I know, QRL is the only chain with audited technology that has quantum resistant capability. And it's superior to others out there that claim to have QR but actually don't.
The current leader is QRL - www.theqrl.org - which is using post-quantum cryptography (currently XMSS) since their mainnet launch in 2018. They are professional and serious in their goals, the project is open-source and actively developed. They will soon be releasing a major upgrade which will bring Proof of Stake (currently it's PoW) and EVM-compatible smart contracts, together with support for new CRYSTALS-Dilithium signature scheme, to their blockchain. There are some other projects which are claiming to be using post-quantum cryptography, but they are in many cases just trying to ride on the QR hype which is slowly starting (and it will get worse with time) in a way that they are just ERC20 token, are closed source, centralized, dead or just plain scam. Some are claiming QR but they are still using Elliptic curves and PQ is only optional/"for future". Someone mentioned Algorand, but they use QR only for their state proofs (and even there it seems it's not used correctly as they match it with not-PQ zero-proof method) and not for the wallets (which is the important thing). So just be careful and do your research on the QR claims of each project as it's often just false marketing.