Quantum1Net: Quantum Encrypted Key Generation (QEKG)?
As many crypto enthusiasts might already know, the RSA cryptography module that is widely used today has been around for nearly half a century now. During its lifetime it has been used for securing many digital communication channels, but as time has passed, this security protocol is becoming more and more compromised in terms of its overall safety.
Additionally, with the rise and advent of quantum computing, it is now becoming clear that RSA is susceptible to many issues of hacking and third party exploitation which quantum computing can address.
What Are Quantum Computers?
Quantum computers in their basic sense are high powered computational tools that make use of properties that are quite unique to the microscopic world. In addition to this, these computers also make use of scientific principles such as “superpositioning and quantum entanglement”, so as to perform heavy duty calculations in a much more efficient manner.
Simply put, these computers have the ability to complete complex tasks within seconds as opposed to ordinary PC’s which would take hundreds of years to solve the same problems.
Quantum1net is an all new “crypto security platform” that makes use of quantum mechanics so as to create a system that is highly private and free from any third party intrusion.
According to the company's official whitepaper, they have developed a technology called the ”Quantum Encrypted Key Generation (QEKG)” module that allows for secure storage and transfer of data. In addition to this, the technology also makes use of a certain complex “cryptographic key generation protocol” that can further bolster the security of our data.
What's so Different With Quantum1Net QEKG?
The Quantum Encryption Key Generator serves as the foundation for this platform. It aims to rectify issues of encryption that currently exist with PRNGs that are widely used all across the globe. According to studies released by the company, standard PRNGs have a large tendency to exhibit repetitive patterns of behavior when selecting “so called random numbers.” What this means is, if the right computer is used, a person can predict a future number selection that will be generated by the PRNG.
This is where Quantum1Net comes in. Instead of relying on standard PRNG protocols, it makes use of QEKG, a safety module that has been shown to select numbers that follow “no pattern” at all. Additionally, though the use of comparative studies, it has been shown clearly that PNRG is substantially inferior to QEKG in terms of its protection capabilities.
Quantum1Net Token Sale Details
The sale of native currency will take part in three separate phases:
- 1st token sale: during this period, the “silver token” will be made available to investors. This phase is expected to start sometime in February 2018, and will allow customers to make purchases via the use of Ethereum. Lastly, there will be a cap of €15 million that will be set in place during this phase.
- 2nd token sale: during this period, company officials plan to release the Gold token which will be based on the Bitcoin framework, and will come with features such as QEK. The sale of this currency is expected to commence in July 2018, and there will be a cap of €18 million in place during this round.
- 3rd token sale: this phase will also offer Gold tokens and is scheduled to start sometime early next year (January in all probability).
Who is Behind Quantum1Net?
Quantum1Net is the brainchild of Mattias Bergstrom, who serves the company’s CEO. He holds the core patent upon which this whole technology is based, and has been in this domain for over 20 years. In terms of his work history, Mattias has developed “multiple internet protocols, and holds more the 60 patent claims in the field of networking”.
According to this professional LinkedIn profile we found that he is the person behind projects such as:
- Voddler: a Video on Demand solution that is quite popular on the web
- System73: a live broadcast system
Similarly, Stan Miasnikov, is the CTO of the company and is currently leading the encryption work that is being done at Quantum1Net. From a background perspective, we can see that Stan comes with over 25 years of experience of having worked at companies such as Corel, Flex, and OpenTV.
For further details regarding this platform, users can write to company officials on the email address provided in the whitepaper.