This Quarkchain ico is an infrastructure project, so they will create their own blockchain, their goal is to be more effective than Visa -nothing that! They target 100,000 transactions per second, to make a comparison: 4/5 transactions per second for the BTC, 10/14 transactions per second for the ETH and 45,000 transactions per second for Visa.
At present they are at 2,200 transactions per second, which seems promising although it is only a test net. It seems that scalability will be one of the next old problems of cryptomonads and blockchain.
To explain the operation of the Quarkchain ico project in outline:
This Is A Two-Layer Blockchain
A fragmented blockchain (sharding) that is divisible and scalable makes it very fast, and cross-shard technology allows the various parts of this blockchain to communicate with each other, which increases its efficiency all the more.
And a blockchain source that confirms transactions
• If I understood correctly, Quarkchain ico will disadvantage pools against small miners, which is good for decentralization.
• Horizontal scalability will limit transaction costs.
• The use will be simplified; we will need only one "smart wallet" for all the services that will be used on the blockchain.
This is an ERC20 token that will be converted after the release of the net hand, the ERC20 token will then be pre-mined, and the miners will take care of the rest. Abbreviated QKC, I cannot help but make a bad wordplay and hope that it is not a bad presage!
This Quarkchain ico project is just very exciting, it has everything to succeed, a team of concrete developers, guys coming from Instagram, Google, Facebook, etc. A white paper with small onions and a project that meets a real need for a large public-which could be even more so! In addition, the project enjoys a very pronounced hype: 77,000 people in their group.
We can also judge the Quarkchain ico phenomenon by thinking that there are only 4 000 000 dollars in chips for the dirty public and that +/- 70 000 by want to share them. So for whales, it will be necessary to return later, which can play in favor of a very bullish trend to the arrival of the chips on the exchanges. Because there was no pre-sale, 16 000 000 was sold in private sell and it remains only the public dirty, a blessing for the first investors.
It's too late to be whitelisted; you had to be in the telegram group very fast to a fair share of this Quarkchain ico benefit.
Quarkchain has a fair process to dispatch the remaining token, they give you a score based on your entry position in their telegram group, and they score you on a quiz, just to see if you really know the project or if it's your hairdresser who once promised you ten. And also, the worst can write an article to publish a video on the project etc.
The Quarkchain Team
The QuarkChain team is a combination of academics and engineers in respected technology companies/universities. The team credentials provide comfort in terms of the team's ability to execute.
Concerns
The team wants to wait for Blockchain to perform better before actively searching for projects created right on the very QuarkChain podium. While it actually makes sense to try what they say first, we think they can truly be more aggressive when it comes to building traction when taking over the blockchain.
What Are The Tokens Used For And How Can The Value Of The Token Be Estimated?
The QKC coins are used as transaction fees for transactions in QuarkChain. It will also be used as a reward for the miners. This value of QuarkChain coins must depend on the very usage of the well-known QuarkChain ico. The more activities, as well as transactions performed in QuarkChain, the more valuable the QKC coins will be.
The first unlocked tokens are ERC-20 as we stated earlier and a placeholder for the value of the actual coins released with the main network programmed in the Q4 2018. When the main network starts, a token exchange will take place.
In general, we value both the turnaround and long-term potential of this ICO. We think about buying the tokens to invest over the long term:
Turn Around
Good, the full metrics of the tokens are not yet public, but with a maximum limit of $ 20 million, great awareness of the market and private sale has been reserved many times, we believe there is a great unfulfilled demand for the distribution of tokens will give.
Finally, as far as we know, QuarkChain is one of the projects that implement sharding out there. I started from nothing in cryptos, I accumulated, have a small capital start and multiply in ICOs. Here is the ICO of the year, so yes; you want to be sure to participate.
More Information :
Website
Whitepaper
Telegram
Author : jameshoang
Bitcointalk Username : jamesgatsby
ETH address : 0xb28f2d789e9dae9fccff7e810a846f4b42a29c12
Telegram Username : @jameshoang