The blockchain network QuarkChain is providing the service enabling a high capacity of peer-to-peer technology. It has advanced the transaction system in order to gear up the sharding based on the architecture of the blockchain. This connects with the commercial standard of the technology for developing the QuarkChain ecosystem. The QuarkChain Network team is experienced enough for developing the system within the centralized world for handling billions of transactions in seconds. This will ultimately build a unique system solution for the scalability of problems for the greatest expansion of approaches to solving the problems into the blockchain technology for sacrificing the features of decentralization. The QuarkChain Network deals with the operational aspects of the system making it adaptable for anyone whoever wishes to.
On-Chain And Of-Chain Transactions
The high scalability of the function is supported by the Quark-Chain Network that accommodates the off chain transactions. Few applications will be required for both on-chain and off-chain handling. For instance, some of the transactions should also require to access the external data but not inside the blockchain. It was designed by a two-layered structure that makes the network to be flexible for the on-chain and off-chain handling. This creates the opportunities and applications.
Smart Contract
The smart contacts are supported by the QuarkChain Network through the Ethereum Virtual Machine or in short EVM. Currently, it is widely used as the execution of the engine for the smart contracts. The maximum numbers of the existing DApps are constructed by the top of EVM and it can directly be deployed through the platform of the QuarkChain Network for utilizing the high scalability features of the QuarkChain. This adds up to the scalability of awareness into the interface for providing the features of shard contracts for being executed and spending smart contracts for specific data through different shards.
Account Management
In view of the fact that the user can manage all the addresses through the private key so that all the users can essentially have the same number of addresses for the actual number of shards. As long as the number of shards goes larger, the users will be able to multiply the balances into the multiple shards. This manages the balances of all the blockchain that can be inconvenient for all the shards. The QuarkChain Network will be further simplified as per the definition of account management be the definition of two types of accounts. Such as:
- Primary Account: Basically it has been addressed to the users into the default shard
- Secondary Account: It has the account manager for the rest of the addresses of the user into the rest of the shards.
Simplification of Management
Most of the transactions are simplified thought the initiated users from the primary accounts that temporarily moves towards the addresses into the second account even if the transaction needs it for a smart contract in some different shards. The remaining balances into the secondary account have the transaction of the balance that will be moving back to the primary account.
This ensures the balance of the user that needs to e in the primary accounts most of the time. So that, it will be done through the management requirements for the balance in the addresses of secondary account. This feature also enables the smart wallet that will provide the QuarkChain team an open source of the project.
All of these operational aspects make the system to be seamless enough so that it can satisfy all its users with the service of the blockchain network.
Website：https://www.quarkchain.io/
Telegram: https://t.me/QuarkChain_News
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how long will the ico phase last?