Is Qredo built on ethereum?

The QRDO token provides a means of utility and governance to the Qredo Network . Qredo is designed to include a “user centric” incentive structure that economically favors the participants of the Qredo Network – driving user adoption and utilization of the network.

About Qredo Qredo includes a novel Layer 2 blockchain protocol that enables users to seamlessly transfer and settle Bitcoin, Ethereum and other leading cryptocurrencies. Qredo’s advanced Gen 2.0 Multi-Party Computation (MPC) provides tier-1 bank security and eliminates the anxiety of private key management.

Qredo Token (QRDO) ERC20 Token in Ethereum Mainnet. Token is implemented as ERC20 smart contract with address 0x4123a133ae3c521fd134d7b13a2dec35b56c2463 .

Is Qredo a custodian? Qredo is not a custodian as it does not take possession of private keys, and does not have access to assets or participate in signing transactions. Instead, Qredo Network is custodial infrastructure.

How to buy Qredo

Qredo uses a novel blockchain protocol that enables users to access cryptocurrencies on Layer 1 blockchains, such as Bitcoin, and Ethereum over a Layer 2 network .