Bankless

9 days agoNews Editor

Bankless co-founder says “Bitcoin clone” tokens are back in focus as scarcity trade returns

Bankless co-founder David Hoffman said on X that a group of tokens he described as “2017-era Bitcoin clone coins” has started heating up again. He pointed to PRL, which he said rose 30% this week and reached a fully diluted valuation of about $4.2 billion, and QTC, which he said gained 300% this month and was valued at roughly $1.8 billion with a total supply of 21 million tokens. Hoffman said tokens built around a fixed 21 million supply cap are worth watching. In his view, that design could support valuations in the multi-billion-dollar range. His comments frame the recent move as a renewed market interest in scarcity-based token narratives rather than a broader statement about the sector as a whole.

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David Hoffman

9 days agoNews Editor

David Hoffman flags renewed market interest in “2017-era Bitcoin clone” tokens

Bankless co-founder David Hoffman said a group of tokens he described as “2017-era Bitcoin clone” coins has started drawing market attention again. In his post, he pointed to PRL, which he said rose 30% this week and reached a fully diluted valuation of $4.2 billion. He also cited QTC, which he said gained 300% this month and was valued at $1.8 billion with a total supply of 21 million tokens. Hoffman added that it is notable to see fixed-supply tokens with 21 million units reaching multi-billion-dollar valuations. His comments focused on the return of investor attention to this category of tokens and the scale of valuations now attached to them.

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Quantus

24 days agoNews Editor

Quantus token QTC tops $185 with a 24-hour gain of 81.4%

Quantus token QTC rose past $185, with CoinGecko data showing the asset at $185.69 and up 81.4% over the past 24 hours. Based on the same market snapshot, QTC has a circulating supply of about 270,500 tokens and a circulating market capitalization of roughly $50.125 million. Its total supply stands at about 5.727 million tokens, implying a fully diluted valuation of around $1.061 billion, while the maximum supply is capped at 21 million. Quantus is described as a post-quantum-secure Layer 1 blockchain. The network uses a Proof-of-Work consensus model, ML-DSA post-quantum signatures, and recursive STARKs to scale network performance. Its native token, QTC, is positioned as peer-to-peer electronic cash designed to balance security, scalability, and privacy. Foresight News said QTC has posted a large short-term gain and warned that the token may see sharp price swings, urging readers to pay attention to market risk.

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Quantus

24 days agoNews Editor

Quantus draws attention with a post-quantum privacy pitch, while its premine split sparks criticism

Quantus, a newly launched Layer 1 blockchain, has picked up attention on the back of a dual narrative: post-quantum security and privacy. The proof-of-work network, which positions itself as peer-to-peer electronic cash for the quantum era, launched mainnet on Sept. 9, 2026 and says it was built from the ground up to address risks that future quantum computers could pose to today’s signature schemes. The project uses ML-DSA (Dilithium), a NIST-selected post-quantum digital signature standard, and combines it with a STARK-based zero-knowledge system and signature aggregation to reduce the on-chain footprint of large post-quantum signatures. Quantus has also tied its story to privacy. Its Wormhole address model uses provable burn-and-remint flows plus locally generated zero-knowledge proofs to break the direct on-chain link between sender and recipient. The project has gained extra visibility from backers including Balaji, Babak Nivi and Helius founder Mert, with Balaji also disclosed by co-founder Joseph Mattia as an advisor. That investor roster has drawn notice because of its overlap with the Zcash orbit. At the same time, Quantus faces criticism over tokenomics. According to project disclosures, 27% of QTC’s total supply was minted at genesis, including 23% allocated to investors, founders and the team, plus 4% allocated to the company. Community criticism has focused on whether that distribution sits uneasily with the project’s Bitcoin-like fixed-supply and proof-of-work framing.

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Quantus

24 days agoNews Editor

Quantus draws attention with post-quantum privacy pitch as token pre-mine faces scrutiny

Quantus, a newly launched layer-1 blockchain, has become a talking point in crypto markets after positioning itself around two themes now drawing fresh attention: privacy and post-quantum security. The project, which launched its mainnet on Sept. 9, 2026, describes itself as peer-to-peer electronic cash built for the quantum era. It uses ML-DSA (Dilithium), a signature scheme selected in the U.S. National Institute of Standards and Technology’s post-quantum cryptography standardization process, and pairs that design with zero-knowledge proofs and a proof-of-work model. The project has also benefited from a notable investor roster. Quantus has raised about $2.42 million across two rounds, with the second round led by Balaji and joined by AngelList co-founder Babak Nivi and Helius founder Mert. That backing has drawn extra attention because several of the names involved have long-standing ties to Zcash, a privacy coin that has recently returned to the spotlight. At the same time, Quantus is facing criticism over its token structure. According to the project’s tokenomics, 27% of QTC’s total supply was minted at genesis, including 23% allocated to investors, founders and the team, plus 4% for the company. Critics in the community argue that the setup sits uneasily with the project’s Bitcoin-like messaging around fixed supply, scarcity and proof-of-work issuance.

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Quantus

2 months agoNews Editor

Quantus launches quantum-resistant PoW mainnet, opens QTC mining

Quantus has launched a proof-of-work mainnet built with quantum-resistant cryptography, according to a report cited by Odaily and sourced to Bitcoin.com News. The network includes ML-DSA-65 and ML-DSA-87 digital signature mechanisms as part of its design. Quantus also set the maximum supply of its native token, QTC, at 21 million coins. The project said PoW mining is available from the start of the mainnet launch. The update centers on network architecture, token issuance limits, and mining access, with no other rollout details disclosed in the brief announcement.

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Quantus

2 months agoNews Editor

Quantus launches quantum-resistant PoW mainnet with QTC mining open

Blockchain project Quantus has launched a proof-of-work mainnet built with quantum-resistant cryptography, according to ChainCatcher. The network includes ML-DSA-65 and ML-DSA-87 digital signature mechanisms. Quantus also said its native token, QTC, has a fixed maximum supply of 21 million tokens. PoW mining for the network opened at launch. The announcement focused on the mainnet’s cryptographic design, token cap, and mining availability.

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