The world is moving faster with all the advancements in the technology. The blockchain is one of the supreme accompaniments into this expansion. It is calling attention to the cryptocurrency service. Such innovation of virtual currency is taking the place of physical currency by moving towards the blockchain network. People throughout the world are broadly subjective to the blockchain technology and the consequence of this cannot be denied.
QuarkChain is the new addition to the blockchain network and it is making certain that the service must provide proper service to the channels and it should take the service to another level. It is invented by a high facility of peer-to-peer transaction system ensuring all the amenities of the service. QuarkChain has adopted some operational aspects so the system can run hassle free.
Smart Wallet
QuarkChain has been designed so that the transactions which will be processed through the system will have two different attributes. One is the transfer should be associated by one address to another by utilizing at the decision if it will be in the same shard or not. A further attribute that makes the system seamless is by executing a smarter contract in some specific shard. The account management of the smart wallet should be simplified by using the transactions. This will be needed to be aware of underlying detailed in-shard or cross-shard operations.
Smart wallets will automatically detect the primary accounts of the user for the transfer of transaction. The addresses of the user will be in the default shard and it will perform accordingly to the in-shard or cross-shard transactions. if the smart contract does not exist in the same shard, the primary account of a user for the smart contract transaction wallet will automatically transfer to the token holder who belongs to the secondary account of the user in the shard of smart contract.
Collaborative Mining
The security of the blockchains is basically ensured by the innovative design of the root chain with the help of the strong hash power. The aspect of the market-driven, collaborative mining provides the root chain with an adequate amount of has power as it triggers the immunity from the attacks of the hash power of the root chain. All these become possible due to the design for the difficulty and incentive. Individual miner gets their benefits best of it with the end result of bringing all the people into the same network. This combination benefits all the people to be stronger into the root chain o the network and eliminates all the required centralized mining mechanisms.
Common Issues
QuarkChain might need to deal with some issues related to the security and services just like all other blockchain technologies. Hence, the platform is expecting to compose some progress into it by:
- Civilizing the scalability simultaneously certifies the safety measures and decentralization process.
- Consenting to the intact cross-shard dealings to checks about the superiority for experiments to the users.
- Assembling the availability for all the simple account supervision for the consumers by the help of only one account for all shards.
- Awarding with an open road and rail network for DApps and it absorbs the high performing operations throughput.
It should carry out all the organisms into an incentive-driven ecosystem.
QuarkChain has more than 1 million TPS right at this moment and they have achieved it by working out without making any compromises into the structure. They are still providing good service to the users to increase the number.
Official Website：https://www.quarkchain.io/
Twitter: https://twitter.com/Quark_Chain
Announcement Chanel： https://t.me/QuarkChain_News
ETH Address : 0x4BF9c57b52f8D09FDf157e40dD13b457B3D0f957