$QKC congratulations to the brothers holding QKC

Ranking: 435

Release Date: 02062018

The QuarkChain network is an advanced permissionless blockchain architecture aimed at meeting global commercial standards. This network provides a secure, decentralized, and scalable blockchain solution to deliver over 100,000 TPS on-chain. The main features of the QuarkChain network are:

Flexibility

QuarkChain is the only public chain that can support multiple consensus mechanisms, multiple transaction models (including virtual machine VM), ledgers, and token economies within a single network. This network can easily adapt to any blockchain improvements by customizing the consensus mechanism, transaction model (including VM), ledger, and token economy in each shard to meet the different requirements of various industries/businesses/DApps.

Currently, this network supports two consensus mechanisms: PoW and PoSW (a combination of PoS and PoW), with other consensus mechanisms (DPoS, PoS, etc.) to be added to different shards in the future.

Currently, this network is compatible with EVM, and any DApp deployed in ETH will also be easily deployed in QuarkChain. In the future, we will add more virtual machines (e.g., EOS VM) to different shards to provide developers with more options.

Scalability

QuarkChain aims to provide over 100,000 TPS on-chain.

Currently, the TPS competition held in the community has achieved the highest TPS of over 55,000 TPS.

Decentralization

QuarkChain has a two-layer structure and encourages miners of different skill levels to mine directly without needing to participate in a mining pool.