Name : Wrapped QUIL (WQUIL)
WQUIL Price : $0.02300 +0.65%
Consensus Mechanism : token
Volume: 171,406
Market Cap: 20,664,820
Shariah Judgement
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Shariah Status :
Last Screening: Q4 2024
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Overview
Quilibrium is a decentralized platform designed to provide cloud-like services while ensuring privacy and scalability through a unique network model that does not rely on traditional blockchain consensus mechanisms. Instead, it utilizes a hypergraph structure and cryptographic techniques to ensure secure, verifiable transactions and protect against malicious activities. The platform aims to facilitate the development of applications with end-to-end encryption and censorship resistance, leveraging multi-party computation for enhanced security. Quilibrium is actively developing its protocol, which includes the token WQUIL, allowing integration within the Ethereum ecosystem, thereby creating a robust infrastructure for private communication, storage, and computation on the web.
Whitepaper & Documents
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