QRL - Quantum Resistant Ledger
CMC #710
A 'fully quantum resistant blockchain network, using PQ-CRYPTO recommended/IETF standardized cryptography'. The QRL utilizes a hash-based eXtended Merkle Tree Signature Scheme (XMSS) instead of ECDSA, which is reportedly vulnerable to quantum attacks and found in many other blockchain projects. The project claims that the...
What is quantum computing?
Quantum computing is a new method of processing data and solving problems, which differs from classical computing that is widely used in everyday devices. Quantum computers, which have at times been dismissed as a physical impossibility, have gone from the realm of "If" to the realm of "When" over the last decade. To put that into...
Still good, we see that BITTREX:QRLBTC has found support above the uptrend line formed from the bottom of the All-time-low price level.
If we look at the BITTREX:QRLUSD we can see that that price is above the EMA 200 (Blue line), which telling us that price has found support, we also have space to stay above EMA 200 in case BTCUSD make more decline.
Worst...
BITTREX:QRLBTC
After the rise of BITTREX:QRLBTC 105%, there was a big correction down to 0.0000152 and in the meanwhile BTC jump from $7450 to $10480, so the price of QRL compared to USD has nicely settled on the EMA 200 line, and confirmed the bottom of the QRL price.
Expecting further gains and re-testing the last wave:
re-test TARGET 1:...
