|All Time High:|
|Market Cap: |
|The price of #QRDO today is $0.18 USD.|
The lowest QRDO price for this period was $0, the highest was $0.176, and the exact current price of one QRDO crypto coin is $0.17599.
The all-time high QRDO coin price was $9.79.
Use our custom price calculator to see the hypothetical price of QRDO with market cap of ETH or other crypto coins.
|The code for Qredo Token crypto currency is #QRDO. |
Qredo Token is 1.4 years old.
|The current market capitalization for Qredo Token is $43,480,110.|
Qredo Token is ranking downwards to #342 out of all coins, by market cap (and other factors).
|There is a big daily trading volume on #QRDO.|
Today's 24-hour trading volume across all exchanges for Qredo Token is $1,389,240.
|The circulating supply of QRDO is 247,059,471 coins, which is 12% of the maximum coin supply.|
The Missing Piece of Web3 Wallets
As the Web3 economy matures, transactions are getting bigger and evolving to serve real-world use cases such as financing cars, taking out , and funding business ventures. Yet, the default gateway to Web3 remains insecure. The browser-based wallets often used for these transactions are susceptible to hacks, malware, and a growing number of increasingly innovative social engineering schemes. Decentralized MPC solves for this by adding a custody layer to Web3 wallets that makes it possible to securely access DeFi — all supported by the governance, ease of use and programmability needed for broader real-world adoption.What are browser-based wallets? Often called non-custodial wallets, browser-based wallets store the private keys that control digital assets in encrypted form in your browser’s data cache. (In addition to a backup paper seed phrase). You can sign transactions with a couple of clicks from within your browser, making accessing DeFi as easy as online shopping. But this convenience masks the inconvenient truth that browser-based wallets are effectively hot wallets. As such, they have long been known to be the most insecure method of storing private keys, and can be compromised in countless ways by hackers looking to take advantage of irreversible blockchain transactions.Browser-based wallet attack vectors: — Malware. — Clippers, which intercept copied blockchain addresses from the clipboard and re...
How should we regulate DeFi?
Peer-to-peer trading, face to face, eye to eye — it’s the way deals had been done for millennia, before distance and lack of trust forced us to use go-betweens such as banks and brokers to transact. Now decentralized finance (DeFi) has taken us back to an over-collateralized future. We can transact peer to peer not only remotely but also trustlessly by interacting with a smart contract. This innovation has set the foundation for a financial renaissance that goes far beyond just replacing intermediaries. Until recently, regulators have largely ignored this emerging parallel financial system. But with former blockchain professor Gary Gensler as chair of the U.S. Securities and Exchange Commission, D.C. has woken up. The question is: How can authorities enforce regulations that don’t rely on the presence of intermediaries? And how will the regulation protect users and the market?Decentralization > deterritorialization DeFi protocols might appear out of regulatory reach. Copies of blockchain transaction history are stored in nodes all over the world, ready to reappear like the many-headed hydra if one should be compromised. Yet history provides lessons of how regulators might think they can address DeFi. Historically, regulators have only held purview over legal entities within their jurisdiction. This changed with the extraterritorial Foreign Account Tax Compliance Act (FATCA) of 2010, which saw U.S. authorities re...
10 Things You Should Know About Qredo
Published Jul 5, 2021 2:39:01 PMQredo Network will transform the way institutions hold and manage their crypto. But it can appear complex, with many different dimensions to explore.To help you get an understanding of this multifaceted project, here are 10 things that every good Qredonian should know 🤓1. Qredo Network is live! Qredo Mainnet went live in November 2020. The protocol is fully audited, verified, and insured — and growing fast! We’re busy onboarding institutional investors and the Network Partners that will contribute to making Qredo such a rich crypto ecosystem. During our recent seed round and private token sale , we attracted strategic investors such as Derbit, Celsius, Coinbase and Nexo who will also be building on the Network.2. Qredo helps you sleep better (scientific fact) Qredo’s implementation of multi-party computation (MPC) brings a new paradigm in crypto security by removing private key risk . MPC is the biggest cryptographic breakthrough since the invention of public-key cryptography nearly 50 years ago. It enables a decentralized, shared computation of the signature on a transaction — with no need to create a whole private key that then needs to be stored in a wallet or centralized database. MPC is just one of Qredo’s seven lines of digital asset defense.3. Qredo unlocks value in a multichain universe Cross-chain liquidity and lightning-fast settlement are a knockout featu...
Digital Asset Governance for Institutions
Crypto’s revolutionary characteristics raise new operational challenges and business risks for organizations used to managing traditional assets. We explore how Qredo’s governance features help institutions to solve these issues, bringing new levels of security, operational efficiency and compliance oversight to crypto investment. Alongside crypto-native institutions like This post illustrates five important ways that Qredo’s radical new infrastructure helps institutions to ace digital asset governance and combine it with a robust crypto capability. Grayscale and Bitwise, more and more traditional asset managers are getting into crypto. But there’s a hitch. Whilst these institutions have massive infrastructure and experience around the administration and trading of traditional assets, crypto is a totally new asset class. Its revolutionary characteristics bring new operational challenges and business risks: How to control the risk of employee access to private keys? How to ensure compliance with fast-changing crypto regulation? Where to collect and store accurate data for reporting? These and other important issues come under the heading of “governance”. Digital asset governance is the system and standards by which an investment organization manages its crypto asset operations, and the mechanisms by which it, and its people, are held to account. Risk management, reporting, compliance and administration are all el...
Stablecoins: A bitesize guide for institutional investors
Qredo supports a growing list of stablecoins, including Tether, USD Coin and Dai. This post looks at how stablecoins work, and the ways that they’re being used by a growing number of institutional investors and corporate players.What are stablecoins?“Simultaneously the most valuable and most boring things to come out of DeFi.” - Ethereum founder Vitalik Buterin on stablecoins Also known as cryptodollars, tokenized fiat, and digital dollars, stablecoins are blockchain-based tokens that have 1:1 parity with a fiat currency, usually the U.S. dollar. Stablecoins offer a steady anchor in the notoriously choppy waters of the crypto market, allowing value to be stored and transferred on the blockchain without exposure to wild swings in price.How do stablecoins work? The most significant feature of stablecoins is their peg, which is how they maintain a stable relationship to the tied asset. Most stablecoins use one of two mechanisms to retain parity: collateral pegs and algorithmic pegs.Collateralized stablecoins Popular stablecoin Tether uses the collateralized model. Each Tether is backed by a reserve fund, which holds a mixture of cash, cash equivalents, and commercial paper. MakerDAO’s DAI is another collateralized stablecoin, but backed by a diversified portfolio of crypto collateral. This makes MakerDAO the blockchain-based equivalent of a full-reserve bank .“Ultimately, decentralized and stable cryptocurrencies pa...
What is Multi-Party Computation (MPC)?
Multi-party computation (MPC) is a cryptographic tool that allows multiple parties to make calculations using their combined data, without revealing their individual input. Invented by Chinese computer scientist Andrew Yao, MPC works by using complex encryption to distribute computation between multiple parties. In the context of digital assets, MPC can be used to replace individual private keys for the signing of transactions. MPC distributes the signing process between multiple computers. Each computer possesses a piece of private data representing a share of the key, and together they cooperate to sign transactions in a distributed way. Qredo is the first to combine MPC with a L2 blockchain, creating a secure environment for flexible management and instant transfer of digital assets. In the sections below, we explore MPC in a little more detail:The evolution of cryptographyAndrew Yao and the birth of MPCMulti-party computation use casesHow does MPC protect private keys?Qredo’s consensus-driven MPCMPC FAQIs multi-party computation secure?MPC vs MultisigMPC vs Shamir’s Secret Sharing SchemeThe evolution of cryptography Cryptography has historically been used to conceal information. All the way back to the Greek tyrant Histiaeus, who hid tattooed messages on the scalps of his slaves to prevent adversaries from intercepting wartime communications. Since then, encryption has evolved to serve ever more use cases. New ...
We Are Satoshi: The DAO and the Future of Work
Stop me if you’ve heard this one before: A lawyer, an accountant and an engineer walked into a bar — (no, not THAT bar, I’m talking about the other kind of bar that makes you immediately reconnect with your 5 year old self as you double over in pain). The lawyer proceeded to sue for the grievous bodily harm inflicted on his personage, the accountant calculated how many other bars they were likely to walk into, leaving the engineer to wonder “who set the bar so low?”. This is the origin story of blockchain technology. In a world where the exchange of value is fraught with barriers the further you are from the counterparty, someone finally asked the question that’s been eating at us all: why these barriers? That person was Satoshi Nakamoto.Being Satoshi Waiting three days for a bank transfer to show up is nothing new. The bank needs to ascertain the source of the incoming funds and its authorization before approving or reversing the transfer. While it is tempting to blame the gatekeepers for trying to get in on everybody’s business, the truth is they are liable for every transaction through their network. Three days is roughly the time it will take the bank to verify the origin of the fund, send the transactions to an automated clearinghouse, and then have the receiving bank verify the request on their end — all the while making sure that the funds really exist as claimed. Again, it’s nobody’s fau...
The Evolution of Encryption
The aphorism Knowledge is Power is usually credited to Sir Francis Bacon, but the same idea can be found echoed in spiritual and philosophical traditions around the world. Since ancient times, the wise and the powerful have sought to preserve their knowledge (and their power) by concealing sensitive information with cryptography. Today, cryptography plays a hidden role in many everyday tasks-like accessing a webpage via https://, sending a WhatsApp message, or even logging in to your smartphone. Let’s take a look back at how we got here, and see how cryptographic methods have evolved to enable sophisticated technologies and concepts like Web 3.0 and digital scarcity.Cryptographic origins The first cryptographic tools can be traced back to the seventh century BC, when Spartan warriors in Ancient Greece would pass secret messages to each other using a simple method of encryption: the cipher. Cipher: a system of writing that prevents most people from understanding the message. Messengers would wear a leather belt called a Scytale that was inscribed with what seemed to be a nonsensical sequence of characters. When the messenger reached his destination, this code could be deciphered by stretching the belt around a piece of wood of a specific diameter-revealing a hidden message. This cryptographic technique served two purposes: protecting the integrity of messages, and maintaining secrecy. The message could only be understood ...
I know Key Fu: Qredo’s 7 Lines of Defense
Crypto can be quite the Jekyll and Hyde affair. One minute, you are on an unfettered quest through a boundless universe, empowering everything around you. The next minute, everything wants to overpower you. That unwieldy wallet interface suddenly acting up as you are about to transact. This gas fee spiking up as you are about to send. That weird typo in your wallet update which may or may not be indicative of something malicious . Your phone freezing up . With all these uncertainties continually nagging at the fore of the minds, it’s no wonder crypto custody often feels like an edgy stroll through the Shogun of Harlem’s backyard. Snake in the Monkey Shadow Stealing the keys to a stranger’s house is one thing; knowing what those keys unlock and the value of the items inside is a different issue entirely. On the blockchain, however, there is rarely any room for doubt. Most blockchain explorers will let you see where everything and anything is — and its current market value. You could even claim those addresses as yours without providing any proof. The only barrier between you and those assets is where the private key resides, but when the owner considers cloud storage as their primary storage medium , you may as well be stealing candy from a baby. Private key management remains the biggest source of concern for crypto-asset custodians; a centralized kink in what should have been a perfectly decentralized armour...
The Network Is the Vault: Why Decentralized Custody Is the Future
Blockchain is hailed as a cybersecurity revolution; transforming databases into decentralized trust engines that provide the perfect mechanism for peer-to-peer transfers — all without the need to trust a third party. Yet the keys to this engine are not trustless. The strings of cryptographic code that spark the ignition — controlling transfers and deposits on the blockchain — are vulnerable to theft and loss. Until now, these keys have typically been stored in databases, or shunted offline in hardware and paper wallets; all arrangements that sacrifice accessibility and fine-grained control for the sake of very limited security. Qredo introduces a new paradigm: decentralized custody for decentralized assets.From centralized… The security risk of centralized storage methods is well-documented. Private keys have been prised from hot wallets with malware, bamboozled by internal employees, and hacked in endless different ways in an endless game of hide and seek (one that hackers are winning with $1.9 bn looted in 2020 ). Less well-documented is the impact that storing private keys in this way has on liquidity. Following Satoshi’s vision of self-sovereignty often means squirrelling away private keys in hardware wallets, much like the plunder of pirates buried beneath the sand, where assets are subject to withdrawal delays and can’t be readily deployed in the digital asset ecosystem.…to decentralized Bloc...