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Cryptocurrency News Articles

QSafe: The Future of Blockchain Security Is Here

Nov 17, 2024 at 01:07 am

Quranium, the layer 1 DLT and DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol) setting a new standard for secure

QSafe: The Future of Blockchain Security Is Here

Dubai, Nov. 15, 2024 – Quranium, the layer 1 DLT and DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol) setting a new standard for secure, scalable, and accessible blockchain technology, has today launched its Core Layer (L1) Testnet, along with QSafe, a quantum-secure crypto wallet purpose-built for an era of unprecedented security demands.

QSafe, an uncrackable, decentralized crypto wallet to interact with the Quranium blockchain, is available now for early adopters, who can claim test QRN tokens through the Quranium Faucet (available at faucet.quranium.org). This will enable them to explore QSafe’s functionality while positioning themselves for future ecosystem rewards and incentives planned for January 2025 and beyond.

QSafe and the Quranium Core Layer (L1) Testnet will provide users with access to a secure ecosystem where test QRN tokens can be claimed, blockchain activities validated through QRNScan, and wallet functionality tested—all within a system built to be uncrackable.

As decentralized finance and blockchain adoption expand, so do the risks associated with conventional wallets, which rely on cryptographic methods that are vulnerable to super-computational power. The security risks are not merely a concern for the future—today’s data and assets could already be exposed to data harvesting attacks, where adversaries collect encrypted data now to decrypt later with advanced quantum resources.

QSafe Wallet: Features and functionality for early adopters

QSafe is a decentralized, lightweight wallet available for download today. Similar to the functionality of Electrum in Bitcoin Core, QSafe allows users to securely create and manage wallets, send and receive test QRN tokens, and track transactions within the Quranium testnet. You can download wallet at https://www.qsafewallet.com/.

Key features include:

- Create and manage multiple wallets on the Quranium testnet.

- Send and receive test QRN tokens securely within the Quranium testnet.

- Track transactions and view wallet balances in real-time.

- Easily interact with the Quranium blockchain and decentralized applications.

- Access to early adoption incentives and airdrops planned for January 2025.

Core features of the Quranium Core Layer (L1) Testnet

The Quranium Core Layer (L1) Testnet introduces users to a quantum-proof blockchain infrastructure designed to set a new benchmark in security and scalability. Key components include:

- Quantum-proof consensus mechanism: Quranium utilizes a novel consensus algorithm that is resistant to both classical and quantum attacks, ensuring the integrity of the blockchain and user assets.

- High throughput and low latency: The Quranium blockchain is capable of processing a large volume of transactions quickly and efficiently, catering to the demands of decentralized applications and Web3 use cases.

- Smart contract support: Developers can build and deploy decentralized applications on the Quranium blockchain, leveraging its security, scalability, and quantum-resistance.

- Uncrackable security: At the heart of Quranium is a commitment to building an uncrackable blockchain system that protects user data and assets from present and future computational threats.

Early adopters are encouraged to download QSafe and engage with the Quranium Core Layer (L1) Testnet to gain firsthand experience with the next generation of blockchain security and technology. By participating in the testnet and utilizing QSafe, early adopters will also be eligible for exclusive airdrops in January 2025, as Quranium continues to build and expand its ecosystem of partners and use cases.

“QSafe is more than a wallet—it’s a fortress for your digital assets,” said Kapil Dhiman, CEO of Quranium. “By participating now, early adopters gain access to a quantum-secure system that is built to be uncrackable, while playing a vital role in shaping the future of blockchain security.”

News source:cointelegraph.com

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