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

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 for new users. Postquant Labs also launched its first quantum smart contracts alongside a settlement layer that handles quantum-resistant payments, which it named QuipSwap. One language across annealers, gate systems, and classical chips Big tech companies such as IBM, AWS, and Microsoft that play in the quantum computing space run their own respective stacks. IBM runs Qiskit, and Microsoft runs Cirq, which was originally developed by Google.

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