1. What is QRL?

Introduction to QRL Tokens

The Quantum Resistant Ledger (QRL) is a type of token known for providing quantum-safe protection. With the rise of quantum computers, traditional encryption algorithms may be at risk, so QRL uses special technologies to defend against these potential attacks.

Main Features:

1. Quantum Safe Protection: QRL employs Post-Quantum Password-Based Key Derivation Function (PQ-PBKDF), a method based on cryptographic principles designed to protect users' token assets.
2. Enterprise-Level Quantum Security: QRL is an enterprise-level quantum-secure blockchain launched in 2018. It utilizes advanced cryptographic algorithms and has undergone rigorous auditing to provide security for the growing ecosystem of applications.
3. Cryptographic Algorithms: The cryptographic algorithms of QRL are based on hash functions in cryptography and add additional challenges that make it impossible for quantum computers to break the keys.

In summary, QRL is a token focused on quantum security, aimed at providing users with a high level of security protection.

2. Who founded QRL?

The founders and developers of the Quantum Resistant Ledger (QRL) are Peter Waterland and Kaushal Kumar Singh. Other members of the development team include James Gordon, Charlie Thompson, and Adem Bilican.

3. Which venture capital firms have invested in QRL?

According to public information, here are some venture capital firms that have invested in Quantum Resistant Ledger (QRL):

1. JRR Crypto: A venture capital firm focused on blockchain and token investments.
2. Neo Global Capital: A venture capital firm focused on blockchain and token investments.
3. ZhenFund: A Chinese venture capital firm that has invested in multiple blockchain and token projects.
4. Fenbushi Capital: A venture capital firm focused on blockchain and token investments.
5. DHVC: A venture capital firm focused on blockchain and token investments.

Note that this information may be incomplete or inaccurate, and investment situations may change at any time.

4. How does QRL operate?

The operating principles of QRL (Quantum Resistant Ledger) Tokens:

1. Quantum Safe Protection: QRL is designed to provide quantum-safe protection against advanced quantum computing threats. It uses special technologies to defend against these potential attacks.

2. Post-Quantum Password-Based Key Derivation Function (PQ-PBKDF): QRL employs a method based on cryptographic principles aimed at protecting users' token assets. This technology is based on hash functions in cryptography and adds additional challenges that make it impossible for quantum computers to break keys.

3. Instant Verification: QRL introduces "instant verification" based on random number generators to ensure the security and anonymity of transactions. This verification mechanism protects users' privacy and transaction data from being exploited by hackers or other malicious entities.

4. Decentralization: QRL is characterized by decentralization, meaning there is no central authority controlling the circulation and trading of currency. This decentralized feature gives users greater autonomy and privacy protection.

5. Smart Futures: QRL supports smart futures, allowing users to create and execute automated, secure futures. Smart futures can be executed without third-party intervention, ensuring reliability and immutability of transactions.

In summary: QRL is a token with quantum-safe features, utilizing advanced technologies to protect users' assets and privacy, providing a decentralized trading environment and smart futures functionality.