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 library
Proof of work
Creation of a POW ledger utilising Merkle signature scheme addresses with Winternitz and Lamport one-time signatures.
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.
Design of a proof-of-stake algorithm (POS)
Prototype node development with basic POS algorithm and integration of XMSS signatures
Design and launch of the first iteration of the block explorer
Iterative testing of POS algorithmic updates
Launch of the Alpha testnet with nodes running on MacOS, Linux, Windows on hardware including Raspberry Pi.
Private seed presale round opens.
Funding targets achieved
Public ICO no longer required
Start of integration of Ephemeral messaging layer to enable end-end secure data channels
Node optimisation with C++.
Internode encrypted communication (‘new hope’ lattice-based cryptography)
Web Wallet + other GUI work
Preparing for security testnet
PQ secure digital identification
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.