QuarkChain - peer-to-peer transaction system

Hello! Today I want to discuss with you a platform that has become one of the most anticipated projects in May-June 2018. The platform emphasizes the scalability of systems and the most interesting is that the team promises more than 10,000 transactions per second, while Bitcoin and Ethereum have a throughput of only 10-30 transactions per second. It is interesting, is not it? Let's find out what solutions QuarkChain offers us.

About the platform
Objective of the project
Why QuarkChain?
ICO Details
Conclusion
Command

About the platform

QuarkChain is a blockbuster platform that uses "splinters" to provide a high-performance peer-to-peer transaction system. The platform provides a secure, decentralized and scalable blockchain solution for delivering more than 10,000 embedded TPS (transactions per second).

The main idea of ​​QuarkChain was inspired by extensive experience in developing powerful large-scale distributed systems in a centralized world that process billions of TPS. In the platform, it is possible to apply technologies on the blockroom to create a unique solution to the problem of block scaling. It is aimed at greatly broadening the boundaries of the use of the detachment, making it more convenient, while not losing its security functions and decentralization.

The platform is trying to move the block system to the next generation, a new level by increasing the current TPS by thousands and millions of times, while maintaining security and decentralization.

Objective of the project

The goal of the project is to achieve throughput in millions of transactions per second and solve the main problems:

Decentralization
Scalability
Security
This is planned to be achieved thanks to the innovative architecture of the blockhouse, which consists of several layers. Also, the platform wants to achieve a global commercial standard.

Why QuarkChain?

The test network showed 2,000 transactions per second, using only a few nodes. And if you use more? This indicates the successful implementation of the idea among other projects of blockchain 3.0. Since there are more nodes on the production network, scalability must also be greater.

For a transactional platform, security is always a priority. Block, as the name implies, is a chain of "blocks" with digital communication. This property and ensures complete safety. First, the blocks are connected. This makes it difficult to interfere with any record, because the hacker will need to change the block containing this record, as well as those associated with it, to avoid detection. Second, transactions / records on the block chain are protected by cryptography. Users have their own secret keys that are assigned to transactions. If the entry is changed, the signature becomes invalid, and the network immediately recognizes that something has gone wrong. Early warning can prevent further loss. On the QuarkChain platform, nodes and clusters for development will appear. Clusters are multiple nodes that form clusters that function as a supercomplete node. Thus, supernodes can be formed without their supercomputers running. This will ensure even to medium-sized participants a competitive advantage in the mining industry.

QuarkChain is a decentralized system that allows you to drastically reduce prices, so that any company or even a person can use this platform.

Here are some features of QuarkChain:

Increase scalability while ensuring security and decentralization.
Providing a seamless transaction with crosstalk to improve user experience (QoE)
Simple account management for customers
Open standard to support various eco-systems Dapp

ICO Details

Token: QKC
Cost: 1ETH = 31533 QKC
Hard Cap: 20,000,000
Total number of tokens: 10,000,000,000
Available for sale: 20%
Presale: no
Start ICO: end of May - beginning of June (exact dates will be communicated additionally)

QKC coins are used as transactional fees and as a reward for miners. The value of QKC coins should depend on the use of QuarkChain. The more transactions and transactions are made on QuarkChain, the more valuable the QKC should become.

Command

The platform team consists of very talented and experienced people who have so many achievements that I can write for a very long time. You can get acquainted with their activities in social networks. In my opinion, the project can be very promising and promising, but without a sensible team, nothing will come of it. If QuarkChain is judged only by a team and advisers, then they have very broad prospects.

Conclusion

QuarkChain aims to make cryptography more accessible to a wider audience of users. The platform will support smart contracts with Ethereum (EVM). This means that developers can easily migrate and deploy dApps built on Ethereum, to QuarkChain, the adaptation process will occur without problems. QuarkChain welcomes various DApps, especially those that require high transaction rates: advertising, IOT (Internet stuff), AI and big data, games, P2P economics and so on. The project looks very promising, you can follow its development in social networks or on the official website, there you can learn about the launch of ICO.

Detailed information about the project:

Сайт: ​https://QuarkChain.io
Whitepper: https://QuarkChain.io/quark.pdf
Blog: https://medium.com/@quark_30920
Telegram: ​https://t.me/QuarkChain
Github: https://github.com/QuarkChain