Cryptocurrency has made a number of advancements in today’s world. It is such kind of an innovation that does not requires to be depended on the local currency or bank transaction, rather it can be done through blockchain network with the help of virtual currency. Any transaction can happen just by a hit in expected option. QuarkChain is a highly competent peer-to-peer transactional system. It is controlled by the assistance of the foundation with the version 0.3.4. This blockchain network ensures a decentralized, secure, and scalable permission less blockchain.
About QuarkChain
QuarkChain has begun with a plan to convey for further than 1 million on-chain TPS by the request of starting technology. QuarkChain has been urbanized with a couple of layers of arrangement and support the weak miners to mine directly without combination mining poles. It also supports decentralization by facilitating numerous chip notes to form a collect running as a super full node. Every contract in QuarkChain is confined by 50% hash power of the network. Accordingly twice over expenditure assault will be firm to carry out since QuarkChain has been decentralized in nature. It supports cross shared connects in an even improved form that necessitates only one account for all charges. It guarantees that the transactional system is going to change the world with innovative blockchain technology.
Features of QuarkChain
To supply the resolution among 1 million users, it has approved some significant features that consist of:
Resharadable Two-Layered Blockchain: It contains two different coatings of resemblances for the blockchains. It guarantees the expandable shard blockchain at the same time as the first layers. The second layer is named as the root for QuickChain and it verifies the first layer of the blocks. In addition to, the first layer is elastic as much as necessary for being resharded whenever it is essential and also by not making any changes to the root layer.
Definite Security by The Market-Driven Joint Mining: This characteristic shares positivity about the safety measures issued for all connections of the game-theoretic structure. It has been calculated for the encouragement of 50% hash powers that are owed for the root chain by averting the double expenditure assault for communication.
Anti-Centralized Parallel Scalability: It consists of the superior quantity of TPS which is used for almost every blockchain network. This ensures by a super full node that can be exclusive and promotes the centralization. It also allows the cheaper nodes to structure a huddle for substituting a super full node.
Competent Cross-Shard Transactions: QuarckChain has the power to subject the cross-shard operation at any time and therefore authenticates it in minutes. The velocity of the cross-shared transaction can linearly move up the numeral of augmented shards.
Straightforward Account Management: on the road headed for keeping up the complete blockchain shard in QuarkChain, it desires to have only one account. The other cryptocurrencies are poles apart from shards and it can be accumulated in one smart wallet.
Revolving Absolute Smart Contract Platforms: It is the sustaining network for QuarkChain by means of carrying out the smart contracts. It agrees with the Ethereum Virtual Machine or EVM as it gives consent for trouble-free relocation on behalf of the decentralized Apps of EVM on top of the platform of QuarkChain.
QuarkChain has no intention to engage in the hardware rushing but it makes the use of the innovative construction. This technical characteristic also develops the augmentation of the blockchain.
Website : https://www.quarkchain.io/
Whitepaper : https://www.quarkchain.io/QUARK%20CHAIN%20Public%20Version%200.3.4.pdf
Ether Address : 0x77F5DD8c0d398E424E3c8FB03735816056766ADF