Quranium price

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Quranium is a quantum-resistant Layer 1 blockchain designed to seamlessly bridge Web2 and Web3 ecosystems. It offers scalable, secure, and future-proof decentralized ledger technology (DLT) to address the challenges of the post-quantum era, ensuring data security and resilience against emerging quantum computing threats.

Quranium employs cutting-edge quantum-resistant cryptographic algorithms, including SPHINCS+ and WOTS+, which provide robust security for digital signatures and transactions.

These technologies fortify the network against potential quantum attacks, positioning Quranium at the forefront of the DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol) sector.

The blockchain’s architecture is built on a dual-layer system designed to address the blockchain trilemma of security, scalability, and decentralization. The Core Layer implements a streamlined Proof of Work (PoW) consensus mechanism, delivering strong foundational security and decentralization. The Crust Layer integrates a Block Directed Acyclic Graph (BlockDAG) structure, significantly enhancing transaction throughput and scalability while maintaining robust network performance.

Quranium also introduces an innovative consensus mechanism known as Proof of Respect (PoR). This system rewards constructive and ethical participation in the network, fostering collaboration and trust among participants while enhancing overall network reliability.

Optimized for Internet of Things (IoT) applications, Quranium supports lightweight and efficient protocols, enabling low-power IoT devices to participate seamlessly. Its scalability and interoperability make it suitable for a wide range of applications, including supply chain management, smart city infrastructure, and industrial automation.

Key milestones in Quranium’s development include the successful launch of its quantum-secure Layer 1 public testnet in November 2024, showcasing its technological capabilities. The mainnet launch, scheduled for January 2025, will mark the transition to a fully operational network, unlocking Quranium’s potential for real-world applications.

Quranium is setting a new benchmark for blockchain technology, safeguarding today’s data and fortifying against tomorrow’s threats.