Quantum Resistant Ledger

Quantum Resistant Ledger is a Layer 1 blockchain launched on 26 June 2018 with the stated goal of protecting users from the threat that sufficiently powerful quantum computers could pose to the cryptographic signatures underpinning most existing blockchains, including Bitcoin and Ethereum. It is designed for people and organizations who want to conduct transactions and decentralized communication using a ledger that claims resistance to both conventional and quantum-computing-based attacks. The project was founded by Peter Waterland and is built primarily in the Python programming language.

QRL uses the RandomX proof-of-work consensus algorithm, meaning miners compete to solve computationally intensive puzzles in order to add blocks, with a new block produced approximately every one minute. What distinguishes it technically from most proof-of-work chains is the use of hash-based cryptographic signature schemes, which are designed to remain secure even against algorithms that a quantum computer could run efficiently. The QRL token is the native unit used to pay for transactions and transfers on this network.

The data stored on this site does not include a fee-revenue figure for Quantum Resistant Ledger, so fee-based measures such as fee yield or protocol revenue cannot be reported here. What is known from the supply figures is that 78,392,960 QRL are in circulation out of a maximum supply of 105,000,000, representing 74.66 percent of the cap at the point of measurement, and the dilution overhang is recorded as 0.0 percent, meaning no additional tokens beyond the remaining unissued supply are pending release through mechanisms such as unlocks or vesting. The ratio of fully diluted value to market capitalization stands at 1.0, consistent with a supply structure where no tokens sit outside the circulating count in locked or scheduled form.