QuarkChain (QKC)

P2P Transactional System

Review Score
4.10/5
ICO Price
0.007198 USD
0.0000317128 ETH
Pre ICO Price
0.005758 USD
0.0000253704 ETH
Soft Cap
N/A
Hard Cap
4,000,000 USD
Start Date
N/A
End Date
N/A

What is QuarkChain?

 

The QuarkChain consists of two layers of blockchains. We apply elastic sharding blockchains (shards) as the first layer, and a root blockchain that confirms the blocks from the shards as the second layer.
Cross-shard transactions can be issued at any time, and confirmed in minutes. The throughput of cross-shard transactions increases linearly as the number of shards increases.
We designed a game theoretic framework for incentives, where hash powers are incentivized to distribute evenly among shards. There are at least 50% of overall hash power allocated to the root chain to prevent double spending attack.

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