Quarkchain is coming and it's taking governance and scalability seriously.
QuarkChain wants to achieve 100,000+ transactions/second using a 2-layer sharding technique. The base layer will contain up to 50% of the hashing power, to prevent Sybil attacks and improve decentralization. The top layer will consist of dynamically scaled blocks called 'shards' that scale according to network usage. Both layers will be managed seamlessly and invisibly by a single user account.
Quarkchain tackles governance in the following ways.
- Use’s proof of work to collaboratively mine 45% of the tokens.
- Game-theoretic design to incentivize block production
- Different sized nodes based on stake, giving different levels of governance.
- Uses Ethereum Virtual Machine (EVM) to manage smart contracts.
The team stands out, with highly educated and experienced veterans from Facebook and Google. Along with advisors, the team has a strong mix of technology and finance.
With a modest $20-million raise for a stellar idea, it's no wonder they are consistently ranked the highest by several high profile reviewers. See below for a current chart.
Make sure you follow Quarkchain on social media using the links below.
Follow QuarkChain on Social Media
Website: https://quarkchain.io/
Medium: https://medium.com/@quark_30920
Telegram: https://t.me/quarkchain
Facebook: https://www.facebook.com/quarkchain.quark.5
Twitter: https://twitter.com/Quark_Chain
Weibo: http://weibo.com/QuarkChain
Github: https://github.com/QuarkChain
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