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What is Quantum Resistant Ledger (QRL) coin and how does it work?

by Financial Economy
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The coin called Quantum Resistant Ledger, or QRL, is a cryptocurrency developed with the Python language. The main purpose of the emergence of the QRL coin is to counter hacker attacks and quantum computer threats. Information about some topics that what is Quantum Resistant Ledger (QRL) coin, how does it work, how to buy it, on which exchange, how much is it, etc. is in continuation of the article.  You can browse here for information about Polkadex (PDEX) coin.

What is Quantum Resistant Ledger (QRL) coin and how does it work?

The coin called Quantum Resistant Ledger, or QRL, is a cryptocurrency developed with the Python language. The main purpose of the emergence of the QRL coin is to counter hacker attacks and quantum computer threats. Quantum Resistant Ledger is the only cryptocurrency project in the blockchain world that considers and considers how Quantum computers will affect the future of the system.

Unlike existing ledgers like bitcoin or ethereum, the QRL is specifically designed to use a post-quantum secure signature for transactions called XMSS. QRL also uses a low-power factor-of-proof (POS) algorithm that reliably uses recurring hash chains and proven hash-random functions. QRL uses its own system, unlike Bitcoin and other Altcoins, known as Merkle Tree’s digital signature, which is based on a hash protected against quantum attacks.

What does QRL coin do?

QRL is the first blockchain technology that provides resilience and stability against quantum computer attacks. The encryption methods used by modern blockchain technologies could become vulnerable to quantum computers over the next decade. QRL strives to create a blockchain with long-term stability. However, since there are no quantum computers today, the company has not yet put its project to a real test.

Which exchange is QRL coin on?

Quantum Resistant Ledger coin is listed on some cryptocurrency exchanges such as CoinTiger, Bittrex, etc.

How to buy QRL coins?

Quantum Resistant Ledger coin can be purchased from listed cryptocurrency exchanges, like mentioned above. However, before trading, it is necessary to make sure that the exchange and the crypto project are “RELIABLE”. It is so important point for investors.

QRL coin supply!

Total supply of Quantum Resist Ledger coin is 76.258.573 QRL.

QRL coin price!

As of May 20, 2022, at the time of the writing, 1 QRL coin price is around $0,19 (because of the volatility the price can change instantly).

Caution: The information contained in this content is for general informational purposes only. It is not investment advice.

For information about cryptocurrency: https://en.wikipedia.org/wiki/Cryptocurrency

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