LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024 (2024)

February 29, 2024 12:02 PM EST | Source: LBank

Road Town, British Virgin Islands--(Newsfile Corp. - February 29, 2024) - In a significant move for cryptocurrency and mobile technology enthusiasts, LBank Exchange, a premier global digital asset trading platform, has announced the listing of The Quantum Resistant Ledger (QRL) on March 1, 2024. Users of LBank Exchange can brace themselves for the QRL/USDT trading pair, which will go live at 12:00 UTC on the slated date.

QRL Listing Banner

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The Quantum Resistant Ledger (QRL) is an enterprise-grade, quantum-secure blockchain, launched in 2018, that uses advanced cryptographic algorithms and has been rigorously audited, supporting a growing ecosystem of applications.

Introducing The Quantum Resistant Ledger: A Pioneering, Quantum-Secure Blockchain Platform

LBank Exchange is thrilled to announce the upcoming listing of The Quantum Resistant Ledger (QRL), representing a groundbreaking advancement in the field of blockchain technology, crafted to withstand the potential cryptographic challenges posed by the advent of quantum computing. At its core, QRL is built upon the Extended Merkle Signature Scheme (XMSS), a digital signature protocol that has received approval from the National Institute of Standards and Technology (NIST) for its post-quantum security properties. This makes QRL uniquely positioned as a future-proof blockchain platform, designed not only to secure digital assets against current cryptographic threats but also to offer robust protection against emerging quantum computing capabilities.

QRL's commitment to security is evident in its architecture, which is meticulously designed with a security-first approach. By leveraging the XMSS scheme, QRL provides a level of security that is resilient against quantum attacks, setting a new standard in the blockchain space for safeguarding digital communications and assets. This forward-thinking design ensures that the platform remains secure and trustworthy, offering peace of mind to users and developers alike in an era of rapid technological advancements.

Beyond its quantum-resistant capabilities, QRL fosters a broad and diverse ecosystem through its integration with leading hardware digital asset storage solutions, open development architecture, and a comprehensive suite of open-source and audited cryptographic tools. The platform offers a rich API experience, making it an enterprise-grade solution that appeals to a wide range of stakeholders, from individual users to developers and large organizations. This inclusivity is further enhanced by QRL's user-oriented products, which include easy-to-use wallets for desktop and mobile, a web-based wallet, and a detailed block explorer, all designed to make the user experience as intuitive and seamless as possible.

The Quantum Resistant Ledger is not just a technological innovation; it is a visionary project that anticipates and prepares for the future landscape of digital security in the quantum computing era. With its robust security measures, developer-friendly tools, and a user-centric approach, QRL is paving the way for a new generation of blockchain technology. It stands as a testament to the potential of blockchain to evolve and adapt, ensuring that digital assets and communications remain secure in the face of the inevitable advancement of quantum computing.

About QRL Token

Based on QRL, the eventual total supply of QRL is projected to be 105 million (i.e. 105,000,000). QRL token is poised for its debut on LBank Exchange at 12:00 UTC on March 1, 2024. Investors who are interested in QRL can easily buy and sell on LBank Exchange after that time.

Learn More about QRL Token:

Official Website: https://www.theqrl.org/
Explorer: https://explorer.theqrl.org/
Telegram: https://t.me/QRLedgerOfficial
Twitter: https://twitter.com/qrledger
YouTube: https://www.youtube.com/c/QRLedger
LinkedIn: https://www.linkedin.com/company/the-quantum-resistant-ledger/
Facebook: https://www.facebook.com/theqrl/
Reddit: https://www.reddit.com/r/qrl
Discord: https://theqrl.org/discord
Github: https://github.com/theQRL/

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

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Press contact:

[email protected]

Business Contact:

LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024 (2)

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LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024 (3)

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LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024 (2024)

FAQs

LBank Exchange Will List The Quantum Resistant Ledger (QRL) on March 1, 2024? ›

QRL Listing on LBank, February 2024. Quantum Resistant

Quantum Resistant
Post-quantum cryptography (PQC), sometimes referred to as quantum-proof, quantum-safe, or quantum-resistant, is the development of cryptographic algorithms (usually public-key algorithms) that are thought to be secure against a cryptanalytic attack by a quantum computer.
https://en.wikipedia.org › wiki › Post-quantum_cryptography
Ledger (QRL) is now listed on LBank Cryptocurrency Exchange, a major step that expands our blockchain's reach and offers our community exciting new trading opportunities.

Which block is QRL quantum resistant? ›

deployed in an Extended Merkle Signature Scheme (XMSS). QRL launched the world's first blockchain that utilizes fully quantum resistant signatures, across all addresses, from the very first block onward.

Where can I buy QRL coins? ›

QRL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Quantum Resistant Ledger is MEXC, where the most active trading pair QRL/USDT has a trading volume of $240,354 in the last 24 hours. Other popular options include XT.COM and Biconomy.

Is Ledger quantum proof? ›

The Quantum Resistant Ledger (QRL) is a cryptocurrency designed to be secure against quantum computer attacks. It utilizes the eXtended Merkle Signature Scheme (XMSS), a hash-based, forward secure signature scheme with minimal security assumptions and reusable addresses, which has received NIST approval.

How to buy a quantum-resistant ledger? ›

Buy Quantum Resistant Ledger (QRL) on a Decentralized Exchange (DEX)
  1. Choose a DEX: Select a decentralized exchange that supports Quantum Resistant Ledger (QRL). ...
  2. Buy base currency: To buy QRL, you will first need to have the base currency as DEXs currently only support crypto-to-crypto exchanges.

What is the price prediction for the QRL? ›

According to our Quantum Resistant Ledger price prediction, QRL is forecasted to trade within a price range of $ 0.078926 and $ 0.228744 next year.

How much is the QRL on Coinmarketcap? ›

The live Quantum Resistant Ledger price today is $0.211373 USD with a 24-hour trading volume of $1,360,687 USD.

Where to sell QRL? ›

Currently, the most active and dominating exchanges for buying and selling Quantum Resistant Ledger are Binance, Kraken & Kucoin. The most popular Quantum Resistant Ledger trading pairs are QRL/USDT (on Biconomy Exchange), QRL/USDT (on XT.COM), QRL/USDC (on XT.COM).

How to mine QRL? ›

You simply need to enable mining on the QRL node in a config file to begin mining QRL. While connected to the computer running qrl you can see the state of the node by entering qrl state into the command line. This will print out the Blockheight of the local node as well as some other information.

What is a quantum Ledger? ›

Amazon Quantum Ledger Database (Amazon QLDB) is a fully managed ledger database that provides a transparent, immutable, and cryptographically verifiable transaction log owned by a central trusted authority.

What is QRL used as an alternative to? ›

QRLs, or Quick Response Code Login, is an alternative to password-based authentication.

What is the QRL code? ›

QRL, one of the Q codes used in radiocommunication, meaning "I am busy" A QR Code with a URL (web site address) encoded within it.

Is Hmac quantum-resistant? ›

MAC algorithms like HMAC and CMAK are considered quantum safe. Key-derivation functions (bcrypt, Scrypt, Argon2) are speculated as quantum-safe (only slightly affected by quantum computing).

Can Bitcoin be quantum-resistant? ›

Bitcoin, for instance, relies on the SHA-256 hash algorithm, which is vulnerable to quantum attacks. Upgrading to quantum-resistant hash functions can mitigate this vulnerability. Quantum-Safe Signatures: Signature schemes are integral to blockchain transactions.

How is Algorand quantum proof? ›

Algorand self-proclaims itself as quantum resistant by securing a defense against quantum threats on three levels: the consensus mechanism via a quantum-resistant VRF, transaction security through quantum-safe digital signatures, and the protection of its historical blockchain data, all mentioned in detail above.

Is aes256 quantum-resistant? ›

Grover's algorithm is a quantum algorithm for unstructured data that provides a quadratic speedup in the computation over classical computing. This can result in AES-128 being feasible to crack, but AES-256 is still considered quantum resistant—at least until 2050, (as referenced throughout ETSI GR QSC 006 V1. 1.1.)

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