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QANplatform Launches the World’s First Ethereum-compatible, Quantum-resistant Blockchain

By WebsCryptoJanuary 20, 20223 Mins Read
QANplatform Launches the World's First Ethereum-compatible, Quantum-resistant Blockchain
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QANplatform, a quantum-resistant Layer 1 hybrid blockchain platform, has now launched its testnet. Due to the compatibility with Ethereum, users can add the QAN test network to the open source Ethereum wallet MetaMask and use the test network token (Token) for transactions on the quantum-resistant QAN test network. With the release of the QAN testnet, QANplatform becomes the first Ethereum-compatible, quantum-resistant blockchain platform.

QAN’s Virtual Machine (QVM) multilingual smart contract engine will also be added upon completion of an internal testing program.

QANplatform is positioned as a game-changing Layer 1 platform where developers can code in any programming language without having to learn a new smart contract language.

Developers and businesses will be able to build quantum-resistant smart contracts, DApps, DeFi, DAOs, NFTs, tokens, Metaverse and Web 3.0 solutions on the QAN blockchain platform in any programming language they know of.

Related:  Bitcoin and Ethereum Prices Rise After Latest U.S. Inflation Report

The platform’s multilingual capabilities will ultimately drive the mass adoption of blockchain and entirely new use cases for blockchain, a long-standing dream in the crypto space. It makes talent, development, and codebase maintenance easier and more cost-effective for businesses.

QANplatform will integrate with existing, widely used and popular programming languages ​​(all Linux kernel compatible languages), DevOps technologies (Docker and Kubernetes), major cloud platforms (Amazon AWS, Microsoft Azure and Google Cloud Platform, etc.), indexes and oracles Integration of APIs (Chainlink and Band Protocol) to address rapid adoption.

The QANplatform is a Layer 1 blockchain that rewards developers after every new smart contract deployment and every public blockchain (mainnet) transaction until other developers reuse parts of their code.

“We created the first economic model for blockchain in which smart contract writers have an economic incentive to produce well-documented, high-quality reusable software.”

Johann Polecsak, Co-founder and CTO of QANplatform

The government and big companies like Google, Honeywell and IBM are in a race to develop quantum computing. According to IBM’s roadmap, they will release a 1121+ qubit quantum computer in 2023, which could potentially break the encryption behind 99% of current blockchain platforms.

But QANplatform says that as a forward-looking blockchain platform, it can withstand quantum computing attacks.

Polecsak said: “I am delighted to announce that the QAN platform is the world’s first Ethereum-compatible, quantum-resistant layer-1 blockchain platform. The launch of the testnet is a truly landmark event in the QAN life cycle and demonstrates that it is possible to It is very possible to provide quantum security while remaining compatible with 99% of the ecosystem. QAN is the only such solution in the crypto space and I am very proud of the whole team for this miracle.”

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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