QuarkChain (QKC) News, Price Predictions, Opinions and Analyses Created by Users

QuarkChain (QKC)

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QuarkChain (QKC) is a cryptocurrency made by Qi Zhou in 2018. It is a decentralized blockchain platform aimed to be highly scalable for mainstream dApp usage.

The network is described as a highly scalable, secure and decentralized blockchain which uses sharding technology to deliver a high transaction per second (TPS) rate. The sharding technology is what allows this P2P blockchain to achieve a high capacity throughput which is slated to reach over 100,000 TPS by using a dual-layered blockchain mechanism. The first layer acts as the “ledger” layer which is the sharding blockchain. The second layer acts as the “root” layer which confirms all the blocks from the first layer. This is how QuarkChain provides a potential solution to the scalability issue that blockchains are facing today.

The team behind QuarkChain is very proficient, with years of experience working at top companies such as Google, Facebook, and Microsoft. The team has employed a collaborative mining mechanism which allows for the root chain to use 50% of the hashing power to prevent double-spend attacks. The rest of the hashing power is then evenly split between each shard on the first layer. The entire system is said to be horizontally scalable which means that the throughput of the network increases as more nodes enter the system.

After raising over $20 million in Ethereum during their ICO, QuarkChain is well on the way to delivering a solution that will tackle the scalability issues surrounding today’s blockchains. Furthermore, QuarkChain is also EVM compatible meaning that all Ethereum dApps will have no issue in transitioning over to QuarkChain if they need higher throughput.


Quick shot on Spot Market QKC/BTC

14 Oct 2020 1 minute read 6 comments MikeZillo

QKC is a currency I've been following for quite some time: ever since they announced the mainnet. Since then I had some satisfaction with this nice Altcoin/Bitcoin market. In this post I want to share something about how I managed the position.  Time...

Is QuarkChain the next Booming DeFi Project Or Just Some Hot Air? 🤔

17 Aug 2020 2 minute read 9 comments Cryptonator`s

You know that I am always looking for some low market cap gems that I hope will moon-rocket someday. Today I want to check out QuarkChain. In August there is also an airdrop going on where you and I can get some free QKC. What Is QuarkChain? QuarkCha...

Heterogeneous Sharding Solves BlockChain's Trilema

30 Jun 2020 2 minute read 0 comments Kingsleybello

Imagine a scenario, (A), where people doing 9 to 5 jobs would have to make it to their workplace on a Monday morning in a densely populated area and the only route to connect the metropolis is a single lane highway. This simply means there is bound...

After More Than 250% Move The QuarkChain (QKC) Token Has Formed Another Bullish Reversal Pattern

27 Jun 2020 3 minute read 0 comments moon333

Hi friends hope you are well in welcome to the new update on QuarkChain token. This token has surged more than 250% just in 2 months. So in today's article, we will try to understand how the QKC token completed the bullish setup and what it can do ne...

QuarkChain (QKC) and PoSW | A Summary Review

7 Jun 2020 5 minute read 5 comments Mynima

Introduction QuarkChain (QKC), the ERC-20 token we're going to look into today, first appeared on my radar during one of my regular check for profitability of mining algorithms vs. my hashrate using WhatToMine. It recently jumped up to the top of the...

QuarkChain QKC — On the forefront of Sharded Blockchain

21 May 2020 2 minute read 0 comments Kingsleybello

As we all know, Public blockchain’s major challenge has been the inability to to scale, thereby slowing down the actualisation of the much anticipated “Blockchain Mass Adoption”. In a bid to solve the rather troubling problem that has hampered the fu...

High Market Cap Platform coins with Bounty Reward Schemes

27 Apr 2019 2 minute read 0 comments Bitcoin Faucets

Bounties are a great way to get your mits on a few coins to test out new cryptos.  Bounty0x (the platform behind the BNTY token awarded through Publish0x) is a great way to find bounties for coins, mainly concentrating on new innovative tokens which...

The main objective of the QuarkChain project...

27 Apr 2019 1 minute read 0 comments plachpalach (Andrew Cherkasov)

Let's talk about the QuarkChain project. The main task of the QuarkChain project is to make transactions fast and convenient. You know what the main problem of bitcoin and ether? That's right, this is a very slow transaction speed. QuarkChain aims to...

A Quick Overview Of Quarkchain Project

8 Sep 2019 4 minute read 2 comments Rumi

Overview QuarkChain іѕ а multi-lауеr, permissionless blосkсhаіn dеsignеd tо еnаblе рееr-tо-рееr trаnѕасtіоnѕ. It wаѕ dеvеlореd tо address kеу concernѕ іn ѕсаlаbіlіtу that сrіррlеd Etherеum’ѕ іnіtіаl rеlеаѕе. QuarkChain uѕеѕ sharding tо еnаblе ѕіdес...

Quarkchain on the go?

14 Apr 2019 1 minute read 0 comments vendomodus

BTC looks to aim for stable period which makes it interesting for the Alts. One of my favorite alts is surely quarkchain. With a planned mainnet for end of the month expectations are high on what could it achieve. For now I would point for a consider...