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Postquant Labs launches QVM with Ethereum-style gas pricing for quantum computing

Published Source: CryptoPolitanRead original

Crypto Insight Summary: Postquant Labs has launched a single programming layer that runs across competing quantum and classical hardware, which it calls the Quip Virtual Machine (QVM). It charges for computation with a gas model that is borrowed from Ethereum. The company stated that QVM is now live on its Aglais testnet at aglais.quip.network, with free compute credits... Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Quantum computing integration with Ethereum gas model is innovative but unlikely to impact crypto markets in the short term.

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Postquant Labs launches QVM with Ethereum-style gas pricing for quantum computing — Crypto Insight