The QuarkChain is revolution system for the blockchain platform that allows the users to participate in the system without prior permission. It provides secure, decentralizes and quick expandable powerful blockchain base solution that able to deliver 100,000+ on chain TPS.
Here are the features of the QuarkChain:
Two-layered blockchains:
QuarkChain is making the platform fully secure by offering two layered blockchain solution. It is using elastic sharding blockchains as the first layer of the security and root blockchain for confirming the blocks in the system from the shards as the second security layer for the platform.
Market-driven collaborative mining:
The Quarkchain team has developed the game-theoretic framework for incentivizing the users. All the hash powers are incentivized for distributing evenly in the shards. The system functionality will have around 50% of overall has power allocated to the root chain to avoid an attack on the system.
Horizontal scalability:
The system is designed smartly to balance the additional load efficiently. The chances of super full node filled with the data easily when the demand is high which will be an extremely expensive affair for the system. That happens when TPS goes high. The system is developed in a way that when TPS goes high, the multiple honest nodes forms a cluster in the system to run a super full node easily.
Cross-shard transactions:
The cross-shard transaction will be available instantly when it requires. It can be issued at any time when it requires and confirmed in minutes. The throughput cross-shard transaction increases automatically as the number of shards increases.
Simple account management:
Use do not need multiple accounts to manage the personal data. The one account is sufficient for managing shards. All types of cryptocurrencies from different shards will be stored in one smart wallet. It will stay in the secure place and hack or steal the data is not possible as it is secured with the dual layer of the security.
About system:
The QuarkChain platform is utilizing the latest blockchain technology to provide the efficient as well as powerful service to the users. The mining through the Quarkchain platform will vary efficient as it runs on the smart technology that allows the users to mine the crosscurrent without spending many electrical resources.
The QuarkChain team had the vision to developed the system that can handle the billions of blockchain transaction efficiently without requiring large infrastructure facility. The lots of brainstorming around the mechanism of the platform allow the team to build the system that works seamlessly and make the scalability of the platform easy. The system enables to utilized the blockchain technology without compromising its scalability, long-term sustainability and other features such as security and decentralization.
The QuarkChain will enable the blockchain system to move it to the next generation system by increasing the current TPS to thousands of fold compared to the current capacity. The network is built in a way that it will keep itself away from the congestion and make it affordable for all the users. The system provides quick transaction and supports high volume transaction easily.
The company has the vision to apply such high capacity system to the industry where it requires large data processing power. The ultimate goal of the system is to provide high throughput network to support various application such as social media, payment system, gaming industry, high-frequency trading and internet of things facilities. The Quarkchain blockchain based platform is the best solution for them.
Conclusion:
The Quarkchain platform will change the blockchain platform completely and upgrade to deal with next generation requirement. The token sale will be soon initiated for the general public.
Quarkchain Timeline:
Quarkchain Team:
For More Information Visit :
Website : https://QuarkChain.io
Telegram : https://t.me/QuarkChain
Twitter : https://twitter.com/Quark_Chain
Blog:: https://medium.com/@quark_30920
Whitepeper: https://QuarkChain.io/quark.pdf
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The mining through the Quarkchain platform will vary efficient as it runs on the smart technology