Article Summary, Automatically Generated By AI
Summary of Quantum Resistant Ledger
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Type of blockchain network:
Fully quantum resistant -
Cryptography used:
PQ-CRYPTO recommended/IETF standardized -
Signature Scheme:
Hash-based eXtended Merkle Tree Signature Scheme (XMSS) -
Alternative to:
ECDSA, which is vulnerable to quantum attacks -
Features:
Suite of applications and development ecosystem for building blockchain applications
Introducing Quantum Resistant Ledger: Pioneering the Future of Secure Transactions
The Quantum Resistant Ledger (QRL) is a fully quantum-resistant blockchain network, leveraging PQ-CRYPTO recommended and IETF standardized cryptography. By employing a hash-based eXtended Merkle Tree Signature Scheme (XMSS) instead of ECDSA, which is purportedly susceptible to quantum attacks and prevalent in numerous other blockchain projects, the QRL ensures the integrity of its platform. Furthermore, the project boasts a comprehensive suite of applications and a development ecosystem, empowering users to seamlessly build blockchain applications on its provably quantum-resistant network.