QRL (Quantum Resistant Ledger)
is a cryptovalue which claims to be impervious to quantum computer attacks. Its motto is "cryptography with longevity." Not unlike the "quantum-proof blockchain" developed by Russian scientists.
The ICO sold out in a private sale with a cap of $4M. The circulating supply of QRL (Quantum Resistant Ledger) is 52,000,000 and the current market cap is $34,512,088. This means each QRL token was initially sold at around $.0769. The current price of QRL as of 06/11/2017 9:19 AM is $.67; which means the value of the token has gone up 8.72x since the ICO. QRL went live on Bittrex yesterday (06/10/17) https://bittrex.com/Market/Index?MarketName=BTC-QRL
If QRL reaches the middle of this territory:
http://i.imgur.com/utd5d5y.png
of which the median market cap is presently $235,500,000, and I think it will, QRL should be trading at roughly 6.82x what it is now bringing the value each QRL token to $4.56. I'm not a math guy at all so if I'm way off let me know in the comments so I can make a revision.
Website: https://theqrl.org/
Whitepaper: http://theqrl.org/whitepaper/QRL_whitepaper.pdf
Announcement: https://bitcointalk.org/index.php?topic=1730273.0
CMC: http://coinmarketcap.com/assets/quantum-resistant-ledger/
Sauce: https://steemit.com/qrl/@kevinternet/qrl-quantum-resistant-ledger-price-forecast
>>2389339
what's a private sale?
>>2389339
i think the quantum security shit is like 10 years too early. Only when major hackers start causing trouble will demand for this coin moon. Yes, undervalued... but too long term for our hands.... and that google meetup with the other crypto ppl including them isnt well publicised enough... i think its an academic circle jerk and dont take its value seriously other than all the maths and comp sci thats put into it.
I bought it within 5 hours of it going on Bittrex. Anyone who knows anything about Blockchain vulnerabilities know that classic hacking is no the threat, but threats from quantum computers and light/sound based information manipulation.