Why Quantum Resistant Ledger (QRL) is a futuristic crypto currency and why I have invested $1000 in QRL.

Quantum Resistant Ledger is a crypto currency of future. It is a crypto currency that will survive the toughest era on crypto currency and will retain its value when other crypto currencies will fall apart. That toughest ear is coming in near future as quantum computers are about to be launched in next few years. Intel, Google and IBM are the companies that claim that quantum computers are going to be launched in next 3 to 4 years. Quantum computers will mine crypto currencies at a higher speed that will cause a great increase in quantity of mined coins. The higher the number of mined coins will cause a massive drop in price of major crypto currencies such as Bitcoin, Ethereum etc. No doubt every crypto currency has a limit on number of coins mined per day but despite of that crypto currencies price will come down after quantum computers are introduced in market. Only crypto currencies that are quantum computer resistant will retain their prices and will be at center of attention of many investors.

How is QRL different from other crypto currencies?  

All leading crypto currencies such as Bitcoin, Ethereum, Ripple, Dash, Monero etc are not quantum computer resistant. This means that all crypto currencies that are not quantum computer resistant will be easily mined. The easier is the mining of a crypto currency, the more the price of a crypto currency will go down wards. All crypto currencies depend upon elliptic curve public-key cryptography (ECDSA) to generate digital signatures which allow transactions to be verified securely. The most commonly used signature schemes are ECDSA, DSA and RSA. All these schemes are theoretically vulnerable to quantum computing attack. Quantum Resistant Ledger is a crypto currency which is quantum computer resistant. It uses a hash based digital signatures which are quantum resistant. When quantum computers are introduced in market, the QRL is the only coin of its kind for now that will retain its value and quantum computers will have no effect on mining of QRL. But this leads us to another important topic of discussion. When are quantum computers coming to market?

Quantum computers are coming in near future.

According to Intel, Google and IBM quantum computers will be launched in next 3 to 4 years. Of all these companies IBM is the only one which is leading in making quantum computers. They believe that a computer with unimaginable power which was available only in theory is now coming to markets in next 3 to 4 years. Quantum computers are very fast computers because they use qubits. Qubits have much more power than classical bits. Qubits are more powerful because they have two unique properties. Number one Qubits can represent both 1 and 0 at the same time, and number second Qubits can affect other Qubits via a phenomenon known as quantum entanglement. That lets quantum computers take shortcuts to the right answers in certain types of calculations. If we see this from a crypto currency mining point of view. It is quite clear that mining will become very easy for these super powerful computers. QRL for now is the only crypto currency that will resist these quantum computers because it used hash based digital signatures which are quantum resistant.

Why to invest $1000 in QRL? 

I always invest in a crypto currency when it is new and there are not much people talking about it. There are a number of factors that I consider before investing in a crypto currency. One of these factors is the unique idea that a crypto currency introduces. Honestly speaking I love the idea of QRL and its futuristic vision is outstanding. Quantum computers will soon become reality and just think for a moment that mining will become so easy because of these super powerful computers. At this time QRL is low price, only $0.600597. I invested $1000 and in return I get more than 1600 QRL coins. I am pretty sure that QRL price will have a massive increase after the launch of quantum computers. In next 3 to 5 years one QRL coin will be more than $15. Let’s wait and see what will happen.

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