What is $QKC ❓
The QuarkChain Network is an innovative permissionless blockchain architecture that aims to meet global commercial standards. It provides a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS. The main features of the QuarkChain Network are:
Flexibility
QuarkChain is the only public chain that can support multiple consensuses, multiple transaction model ( including virtual machines VMs), ledger, and token economics in one network. It can easily adapt to any blockchain innovations by customizing consensus, transaction model ( including VM), ledger and token economics in each shard so that to satisfy different requirements of different industries/enterprises/DApps.
Now the network support two consensuses, PoW and PoSW ( a combination of PoS+ PoW), more consensuses (DPoS, PoS and etc) will be added into different shards in the future.
And it is EVM-compatible right now, every DApp deployed in eth will be easy to deploy in QuarkChain. Later on, we will add more virtual machines ( for example EOS VM ) in different shards, so that developers have more choices.
Scalability
QuarkChain aims to deliver 100,000+ on-chain TPS.
Currently, 55000+ peak TPS has already been achieved in TPS competition held within the community
Decentralization
QuarkChain has a two-layered structure and encourages individual miners with different levels of capability to mine directly without joining mining pools. People can choose to mine either in the root chain or in the shard.
Usability
QuarkChain supports Native token which enables each shard to have their own token economic. It also supports scalable cross-shard transactions. There is only one account required to access entire resources in all shards, and smart wallets seamlessly simplify the management.