Quantum Resistant Ledger profile
Quantum Resistant Ledger Profile (QRL)
Score: 4.72 | Below Average
Balanced Nano Cap
Project Safety Score

Thu, Oct 28, 2021 8:38 AM

Score 4.72
Rating Below Average
Market Cap $15802180.975782
24hr Volume $67809.18353618
Price $0.21021236771895
Review

Quantum Resistant Ledger

coin

2ndgen blockchain

Quantum Resistant Ledger is a cryptocurrency based on the Python programming language, aimed at combating future attacks by quantum computers. This cryptocurrency is the brainchild of Peter Waterland who realised that Bitcoin, Ethereum, and other such cryptocurrencies have no protection against future technology. It claims to be a “future-proof” cryptocurrency which enables transactions and decentralized communication while providing protection against classical as well as quantum computer attacks. The Quantum Resistant Ledger company was founded by Peter Waterland, who found that Bitcoin, as well as Ethereum signatures are susceptible to attacks by powerful quantum computers. His research on quantum computers and signature programs let to the development of this new cryptocurrency, designed to be resistant to the present classical attacks as well as any future quantum computer attacks. Their team is made up of a diverse range of members spread out across the world, including developers (core, blockchain, mobile developers, etc.), analysts, advisors, marketing managers, designers and more. Quantum Resistant Ledger is the first ever cryptocurrency and the only one in existence as of August 2018, to consider the threat that the future technology of quantum computing poses to cryptocurrencies and their working. It uses a technology specifically designed for post-quantum security, called XMSS, which makes it secure against powerful quantum computers even while using a Proof-of-Stake consensus mechanism. Security against cyber-attacks is a very serious concern in this digital age, especially when you have digital assets whose loss is likely to lead you to bankruptcy. QRL is the first blockchain technology that provides durability and stability through resistance to quantum computer attacks. The encryption methods used by modern blockchains can become vulnerable to quantum computers over the next ten years. QRL tries to create a blockchain with long-term stability. By using blockchain technology, the QRL platform creates a “ledger” that generates hashes in such a way that it is virtually impenetrable to any type of computer attack.

Read more in the whitepaper:
https://github.com/theQRL/Whitepaper/blob/master/QRL_whitepaper.pdf

Quantum Resistant Ledger Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Quantum Resistant Ledger Safety Report

Quantum Resistant Ledger has a safety score of 4.72

Quantum Resistant Ledger is a nano cap coin.

Quantum Resistant Ledger is suited to a balanced investment style.


Quantum Resistant Ledger Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

Quantum Resistant Ledger Red Flags

There are currently no Quantum Resistant Ledger red flags.


Quantum Resistant Ledger Development Score

The Quantum Resistant Ledger project has 65 active source code repositories.

The most recent commit was Mon, Oct 25, 2021 11:16 AM

  • 335 Watchers
  • 625 Stars
  • 479 Mentionable Users
  • 0 Vulnerabilities
  • 9 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • good stars
  • below average mentionable users
  • low watchers

Quantum Resistant Ledger Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very low indicating that this project is either not well-regarded in the community or simply no one is talking about Quantum Resistant Ledger. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very low

Quantum Resistant Ledger Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Quantum Resistant Ledger?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Quantum Resistant Ledger has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high hashtag tweets
  • extremely high gitHub account watchers
  • very low reddit articles
  • no search result count

Quantum Resistant Ledger Awareness Score

The awareness score indicates how well Quantum Resistant Ledger is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Quantum Resistant Ledger is but a good measure of longevity is how well the project is known by the general public.

Overall Quantum Resistant Ledger this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • very poor news articles mentioning Quantum Resistant Ledger
  • no news articles directly about Quantum Resistant Ledger

Quantum Resistant Ledger Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Jun 10, 2017)

Quantum Resistant Ledger Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very poor USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Quantum Resistant Ledger Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Quantum Resistant Ledger Exchanges
Quantum Resistant Ledger Explorers
QRL
Community Trust Score (QRL)

4.44/5

9 reviews
Futurist 24601
Sat, Aug 28, 2021 9:22 AM
The lack of awareness is the enemy of this coin but is there for the savvy crypto investor. 2021. Quantum computers are definitely coming, and contrary to popular belief crypto is far more vulnerable to them than the banking sector etc. Big coins like bitcoin and ethereum have almost certainly left it too late to secure themselves against QC (if they even manage it- even the possibility is debatable). QRL may yet prove to be the saviour of the space. Look for “frequently asked quantum questions” on a search engine near you!
0 0
NISTPecialist
Sat, Aug 28, 2021 6:12 AM
Not only legit, as type this the only serious hedge to QC BTC heist. Watch this coin the day that Satoshi moves his P2P wallets around. Check out faqq.info
0 0
:)
Tue, Jun 22, 2021 11:35 AM
BTC IS PAST, QRL is future . If you are reading this when QRL reached the astronomical price, know that I was buying it for $ 0.20
1 0
Nicklaus
Tue, Apr 20, 2021 4:37 PM
Great project, team of multidisciplinary international experts working on new blockchain vertical, quantum-resistance applied to blockchain technology. They created the first PoW quantum-resistant blockchain starting from scratch. They are working on the first PoS quantum-resistant blockchain. They are about to release the first quantum resistant wallet to secure ETH blockchain assets e.g. ERC-20, ERC-721, ERC-1155, ETH and more. They are innovators and visionaries. They chose XMSS QR algorithm years ahead of having NIST recomending it as the first QR signature scheme... I could go on and on... Bright future ahead, great hedge against quantum computing theft.
1 0
Sebastian O.
Tue, Apr 20, 2021 7:05 AM
Totally agree with Dave here. The first post must be from someone who lost some money here. There are not many legit cryptoprojects out there, but QRL is definately one of them. They are the only Cryptocurrency using XMSS from genesis block, which is the NIST recommended quantum resistant encryptinon algorithm. If that doesn´t tell you something about a great team with uncomparable understanding of the threat of quantum computers to crypto, I don´t know what to say.
1 0
Craig
Tue, Apr 20, 2021 2:56 AM
Lol no this isn't a scam. One of the only projects being proactive against progress in Quantum Computers. Active for over 4 years, team members responsive in discord and social media, weekly project updates, and full ecosystem. I've been a community member for 3+ years now
1 0
Сергей Иванов
Wed, Apr 7, 2021 11:30 AM
Active community, active developers. This coin has a great future.
1 0
Dave L
Fri, Mar 19, 2021 6:11 PM
To the post above, it's also possible that they are running a pedo cell from a Pizza parlour .. like what the. Dude, don't give a one star because you felt you loss money or lack of your own due diligence. If you start stating stuff, bring evidence. They DO btw, comment on the fact that other cryptos will look to migrate to NIST approved quantum resistant crypto algorithms but that it will be a mess (it will be a major hard fork and super Quantum computers could even attack during the time it takes to confirm a transaction). Look at their YouTube videos. They're right. It will be ugly and it will take time to migrate. You also don't know if China will have 3,000 fully entangled qbit system by 2025, let alone 2030. I own 6,000 QRLs and holding until 2030. Cost me $2 gran. If it "disppears", could care less. But I do believe these folks are serious and they will gain traction as news regarding Quantum becomes more predominent. Why in the name of crypto would they make this a SCAM... they are SMART and sitting on something I discussed creating myself with a couple of programmers. They are the ONLY ones using quantum resistant crypto in the Kyber-Crystal XMSS realm.
5 0
Francis Erdman
Sun, Mar 7, 2021 2:38 PM
Yes. Yes this is a scam. I invested into this and was worst investing choice in my life. Might as well have sent the money to Nigerian email scammers. They intentionally exaggerate the quantum threat to bitcoin, not bothering to tell people that quantum security is already on the roadmap for Ethereum, so while quantum computers are a threat to blockchain, it is not as big a threat as they make it out fo be. They are not serious developers, they are hobbyists at best. They have been promising the moon for years (ERC-20 compatible wallet, proof-of-stake, smart contracts), none of which are close to coming about. They have actual ties to organized crime (Canadian mafia) and have a political agenda against the United States (hence they purposely geofence Americans from being able to invest). This is most likely due to President Trump tightening up trade with Canada, which has enraged the Canadian mob, and hence this project is trying to make Americans suffer in retaliation. So in sum, the project exaggerates the threat of quantum computers in the first place, they are not serious developers in the second place, and worst of all they have a political agenda because of organized crime connections. So yeah, big time scam.
1 14

93.33%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Community Signals

4.44/5

(9 reviews)
Community Trust Score
Market Cap Rank:
903
Voted:
amazing
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Quantum Resistant Ledger Reddit
Quantum Resistant Ledger Github
Quantum Resistant Ledger News
  • Quantum Computing: The Cause of the Next Crypto Crash

    Tue, Jun 29, 2021 5:06 PM

    The notion that a quantum computer might...

    read more...
  • Quantum Resistant Ledger (QRL) 24 Hour Volume Reaches $68,318.00

    Tue, May 25, 2021 3:14 AM

    Quantum Resistant Ledger (CURRENCY:QRL) traded down 1.4% against the US dollar during the...

    read more...
  • Quantum Resistant Ledger Trading Down 31.5% Over Last Week (QRL)

    Mon, May 24, 2021 11:00 AM

    Quantum Resistant Ledger (CURRENCY:QRL) traded 5.7% lower against the dollar during the twenty-four...

    read more...
  • Quantum Resistant Ledger Price Tops $0.25 (QRL)

    Sat, May 22, 2021 11:44 AM

    Quantum Resistant Ledger (CURRENCY:QRL) traded down 6.5% against the US dollar during the one day...

    read more...
  • Quantum Resistant Ledger (QRL) One Day Volume Hits $75,301.00

    Wed, May 19, 2021 7:36 PM

    Quantum Resistant Ledger (CURRENCY:QRL) traded down 4% against the dollar during the twenty-four...

    read more...