QRL Weekly: Public beta-testnet v1 date set

19th December 2023

Public Beta-testnet v1 Date Set for January 15th, 2024

After months of dedication, development, and collaboration, we are delighted to unveil the official launch date for our public beta-testnet v1: January 15th, 2024!

What to expect

As we unveil the entrance to our public beta-testnet v1 from devnet, developers across the globe are invited to delve into and interact with our platform and ecosystem. This encompasses web3 and EVM smart contract capabilities, all built upon a post-quantum secure foundation. Those with experience in the Ethereum ecosystem will find themselves right at home in this innovative environment.

In this developmental phase, as we refine nodes and work towards public beta-testnet v2 (with additional improvements & incorporating a new address format), there is a prime opportunity to construct essential ecosystem components. This includes the development of wallets, explorers, and various tools that will enhance the overall functionality and user experience within our platform.

More details will be shared through documentation and other media as the release date gets closer.

It is essential to note that the information provided in our development updates is inherently dynamic and subject to change. The nature of ongoing development means that unforeseen circumstances, technical considerations, or strategic decisions may necessitate adjustments to the initially communicated details and timelines.

Weekly Development Snapshot

  • Parameters such as minimum staking amount required updated to 40,000 Quanta, epoch size to 128 blocks per epoch, block timing to 60 seconds. Required changes done in the code to support the new parameters.
  • Other parameter changes are still in progress.
  • Fixed issues with some of the incorrect API path.
  • Fixed issues related to staking-deposit-cli with existing-seed command.
  • Code for the web3.js library updated to make it compatible with the latest changes.
  • Private Testnet successfully surpassed 100,000 blocks without any glitch.

Quantum News

Google wants to solve tricky physics problems with quantum computers

On 2023-12-19: Ryan Babbush and his colleagues at Google have developed an algorithm to translate a large range of classical problems so that they can be run on quantum computers. “There's an important class of classical systems in which we can get an exponential speed-up in simulating the dynamics of those systems on a quantum computer,” says Babbush.

Babbush and his team realised that the mathematics of these classical spring systems, however complex, could always be expressed as a version of the Schrödinger equation, which describes how any quantum system changes through time.

Babbush and his team haven't calculated how many qubits would be needed to run their algorithm, but it is likely to be beyond today's machines. However, it could be one of the first applications that a “relatively modest” error-corrected quantum computer is used for, says Babbush. - newscientist.com

19th December 2023