Abelian's Quantum-Resistant Layer2: Everything We Know About QDay
QDay will utilize zero-knowledge proof (ZKP) Rollups to fully leverage the advanced security features of the Abelian Layer 1.Author: Abelian
On April 28, 2024, Dr. Duncan Wong, the founder of Abelian, announced the Layer 2 solution of the Abelian ecosystem during a Binance Live session with Meta Moonshots. Since then, details about the Abelian Layer 2, named "QDAY," have been extensively shared through various offline events, conferences, and Twitter Spaces.
Binance Live session with Meta Moonshots
Today's article consolidates all the information about Layer 2 so far, and by the end, you will understand why QDay is so highly anticipated.
The name of Layer 2 is QDAY (Quantum Day of Judgment)
QDay is expected to be a significant global cybersecurity event when quantum computers may be able to crack any security code. Business Insider points out, "This will be a major turning point in how the world thinks about digital privacy, as it could expose confidential information."
While there is no consensus on when QDay will occur—some predict it will be in 2025, while others believe it could be "mid-century"—it is expected to break the encryption of public network data and the security codes of banks, government agencies, and large corporations.
The potential impact of QDay was highlighted last February when Quantum Defense Company (QD5) Executive Vice President Tilo Kunz stated, "Machines far more powerful than today's fastest supercomputers will be able to crack the codes that protect nearly all modern communications."
To raise public awareness of the anticipated impact of quantum computing and to celebrate its development, Abelian's Layer 2 is named QDay to reflect the significance and transformative potential of this upcoming technology.
QDay is Quantum-Resistant, Utilizing ZKP Rollups
Like the Abelian Layer 1, QDay will also be quantum-resistant. The Abelian Layer 1 has strong quantum security through lattice-based cryptographic schemes, particularly Crystals-Kyber and algorithms inspired by Crystals-Dilithium. These cryptographic algorithms have been approved by the National Institute of Standards and Technology (NIST) to withstand attacks from quantum computers, which can break traditional encryption methods.
QDay will utilize Zero-Knowledge Proof (ZKP) Rollups, fully leveraging the advanced security features of Abelian Layer 1. These rollups bundle multiple transactions into a single proof verified on the blockchain. This improves transaction throughput while maintaining high security and privacy standards. Zero-knowledge proofs allow verification without revealing underlying data, ensuring the confidentiality of transaction data.
ZKP-Rollups are not only secure but also efficient and cost-effective. They reduce the computational and storage burden on the blockchain, lowering transaction fees and speeding up processing times. This efficiency is crucial for the widespread adoption of decentralized applications and services, making blockchain more accessible and user-friendly.
Additionally, the integration of QDay with the Abelian Layer 1 security protocol ensures a seamless and interoperable ecosystem. Developers and users can trust that their assets and transactions are protected from future quantum threats while benefiting from the enhanced performance and scalability of the network. By combining quantum-resistant cryptography with cutting-edge scalable solutions, QDay positions itself as a leader in next-generation secure and efficient blockchain technology.
QDay is EVM-Compatible
EVM-compatible chains refer to blockchain networks that follow the same standards and protocols as the Ethereum blockchain, allowing them to run Ethereum smart contracts and DApps with minimal modifications. This compatibility enables developers to leverage the existing Ethereum ecosystem and tools, facilitating easier deployment and interoperability across multiple chains.
Given the ubiquity of Ethereum DApps and the growing popularity of multi-chain development strategies, EVM compatibility is crucial. It enhances interoperability, encourages developer participation, amplifies network effects, and promotes code reuse within the blockchain ecosystem. This will create a more vibrant and collaborative environment for building decentralized applications and services.
Abelian is committed to protecting crypto assets from quantum computer threats, such as HNDL, and aims to launch a user-friendly quantum-resistant blockchain for broader user adoption. By integrating quantum-resistant technology while maintaining EVM compatibility, Abelian hopes to enhance blockchain security and ensure smooth integration for developers and users, thereby building a secure and interconnected blockchain landscape for the future.
QDay will use PoS Consensus Mechanism
QDay will address the challenges faced by the original Abelian network, such as large block sizes and slow transaction speeds. The new Layer 2 will operate on a PoS consensus mechanism, which is fast and scalable. The QDay chain is currently in the testing phase, capable of processing up to 1000 transactions per second— a significant improvement compared to the 0.1 transactions per second of the Layer 1 Abelian chain. This also means that community holders will be able to stake Abelian coins ($ABEL).
QDay will have its own token and ecosystem
The Abelian chain will continue its tradition of quantum-resistant proof of work, producing Digital Gold 2.0, namely the Abelian coin ($ABEL). The Layer 2 QDay chain will become part of the Abelian ecosystem, providing new value through various dApps that support smart contracts. For users investing in DeFi or purchasing goods within the Abelian ecosystem, the new token $QDAY will be used to protect the ecosystem through staking and for daily operations, such as transaction publishing.
QDay will serve as a bridge to enhance the community applicability of the $ABEL token on the Abelian chain. Users will be able to stake $ABEL and earn $QDAY tokens for the Layer 2 ecosystem. Additionally, transaction fees (Gas fees) will become a new business model in the current Abelian roadmap.
Stay tuned for the release of the $QDay tokenomics.
Anticipation is Growing
With its robust security features, enhanced scalability, and seamless interoperability, QDay is set to revolutionize the Abelian ecosystem. The team and community eagerly anticipate how these advancements will unlock new opportunities for decentralized applications and services.
The combination of cutting-edge quantum-resistant technology and the adoption of the PoS consensus mechanism reflects Abelian's commitment to innovation and security. As the release approaches, our excitement continues to build.
As the countdown to the QDay launch begins, please stay tuned for more updates. The future of blockchain technology is on the horizon, and Abelian is leading the way. With QDay, we welcome a new era of quantum-resistant, scalable, and interoperable blockchain solutions.
About Abelian Chain
Abelian Chain is the world's first blockchain public chain system developed by a founding team of world-renowned cryptographers, senior developers, and entrepreneurs, enabling Digital Gold 2.0 and dedicated to protecting global blockchain systems and crypto digital assets from quantum computer threats. To learn more about Quantum-Safe Abelian Chain and $ABEL Tokenomics, please visit our documentation page.
The Abelian Foundation welcomes all suggestions and feedback regarding technological developments and upcoming changes. Please click the links below to access our social media and community channels.
