1DEVPrice

(1DEV)

1DEV is a decentralized web3 token that functions as the phase one activation component for an experimental blockchain research initiative called the Quantum Network, commonly abbreviated as QNET. Developed as an SPL token on the Solana blockchain, its primary utility is tied to the technical setup and operation of the network. The core purpose of the 1DEV token is to serve as a burn-to-activate mechanism for participants. Users who hold the token can burn it to activate nodes within the future QNET blockchain architecture. This approach is intended to facilitate the initial distribution and setup of the network nodes during its early development stages. Technologically, the project focuses on post-quantum security measures. It aims to protect the blockchain from potential future vulnerabilities related to quantum computing by utilizing advanced cryptographic signatures known as CRYSTALS-Dilithium. Furthermore, the network plans to implement a reputation-based consensus system. This design is intended to replace traditional staking models, instead using the performance and history of nodes to maintain network security and agreement. The project is characterized as an independent development effort that leverages modern artificial intelligence tools to build complex blockchain technology. It serves as a proof of concept for independent researchers and developers seeking to innovate in the fields of cryptography and decentralized systems without the overhead of traditional corporate structures. As an experimental project, it remains focused on testing new methods for secure and efficient blockchain governance and consensus. Learn more

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