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Author Topic: Quantum Resistant Ledger (QRL): Mining and More  (Read 195 times)

Offline Xennt

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Quantum Resistant Ledger (QRL): Mining and More
« on: December 24, 2023, 11:23:19 PM »
Hello everyone in the community!

I'd like to share some insights about Quantum Resistant Ledger (QRL), an intriguing blockchain project focusing on resistance to quantum computing and the benefits of mining within this ecosystem.



What is Quantum Resistant Ledger (QRL)?

QRL is an innovative blockchain platform focusing on securing the network against threats posed by quantum computers. One of its distinctive features is the use of quantum signature algorithms such as XMSS (Extended Merkle Signature Scheme) to ensure superior security.

Mining on QRL

Mining on QRL involves using computational power to validate transactions, secure the network, and earn rewards in QRL tokens. You can start mining by utilizing various software compatible with the QRL algorithm and powerful hardware, either CPU or GPU.

How to Start Mining QRL

Download Mining Software: Choose software compatible with QRL, such as cpuminer for CPU or ccminer for GPU.
Configuration: Set up the software with your QRL wallet address to receive rewards.
Hardware: Select powerful hardware compatible with the mining software's requirements.
Begin Mining: After installation and configuration, you can start mining and contribute to the security of the QRL network

Why Mine QRL?

Mining on QRL isn't just about financial rewards; it's also about strengthening the network's security against future threats. Your contribution not only brings rewards but also fortifies the foundation of a quantum-resistant network.

I'm looking forward to hearing and sharing more about your experiences with QRL mining and discussing further about this innovative technology!




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Quantum Resistant Ledger (QRL): Mining and More
« on: December 24, 2023, 11:23:19 PM »

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Offline hugeblack

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Re: Quantum Resistant Ledger (QRL): Mining and More
« Reply #1 on: December 25, 2023, 04:27:31 AM »
There is no relationship between mining and the Quantum Resistant Ledger (QRL). If we say that the goal of quantum computers is to break encryption algorithms, access the private key, and spend currencies, then mining will not help individuals in the security of their currencies. If we say that the reason is to use quantum computers in mining, then it is true that computers have developed. Quantity can mine and find blocks, but the cost of these computers is large, which makes their use in mining compared to ASIC unprofitable.

 

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