Founder noticed investment in QC development, ECDSA being deprecated by the NSA and given the vulnerability in all existing blockchain ledgers conceived the idea of a post-quantum ledger.
Creation of post-quantum secure hash-based digital signature libraryAugust 2016
Creation of a POW ledger utilising Merkle signature scheme addresses with Winternitz and Lamport one-time signatures.September 2016
After discussion with developers, post-quantum cryptographers and research into existing roadmap of blockchain technology, the whitepaper was written to provide an overview of quantum resistant methodologies. The Winternitz OTS+ and Extended Merkle Signature Scheme (XMSS) were identified as the optimal solutions. This investigation also revealed the necessity of QRL to stand alone as a network with interoperability in the later pipeline.November 2016
Design of a proof-of-stake algorithm (POS)December 2016
Prototype node development with basic POS algorithm and integration of XMSS signaturesJanuary 2017
Design and launch of the first iteration of the block explorerFebruary 2017
Iterative testing of POS algorithmic updatesMarch 2017
Launch of the Alpha testnet with nodes running on MacOS, Linux, Windows on hardware including Raspberry Pi.
Private seed presale round opens.April 2017
Public ICO no longer required
Start of integration of Ephemeral messaging layer to enable end-end secure data channelsMay 2017
Node optimisation with C++. Golang node creation.
Internode encrypted communication (‘new hope’ lattice-based cryptography)June 2017
Web Wallet + other GUI work
Preparing for security testnet
Bug Bounty Program
To come after thorough testing and auditing
1:1 Conversion of QRL (ERC 20) tokens to Official QRL
Continued active node development
Completion of Ephemeral to be signature scheme agnostic.
Light client development
Light client API to enable apps and web enabled devices to access the QRL
Internode messaging compression
Research and development - post-quantum multi-signature transactions2017-2018
Blockchain based ultra secure digital ID.
Leveraging Ephemeral messaging layer with off chain services: PQ secure data channels, PQ secure comms, PQ secure messenger services, PQ secure VOIP, PQ secure VPN.
PQ secure provenance and proof-of-existence services.
Feasibility of smart contract integration.2018-2019