Quarkchain is a Peer-to-Peer transactionnal system whose goal is to reach 1million transactions per second.

For those who have not read the white paper we offer a clear summary to help you understand the quarkchain vision and make it one of the best projects of 2018

1/ The technology used will be articulated around the following axes :

• Enhancing the scalability while ensuring security and decentralization
• Enabling seamless cross-shard transaction for user quality of experience (Qoe)
• Simple account management for clients
• Open standard to support various Dapp
• Incentive-driven ecosystem

2/ The collaborative mining

• Hash powers are incentivized to distribute evenly among shards. This ensures that all shards are mined evenly and thus the system throughput increases as the number of shards increases. This provides a virtuous system that adapts to growth and improves performance gradually

• The root chain has a significant large portion (50%) of hash power over the whole hash power of the network. This prevents double-spend attack, and a malicious miner needs at least 50% * 50% = 25% power to perform an attack
  This process makes it possible to limit the risk emanating from an ill-intentioned minor

3/ Algorithm

To protect all transactions, the root chain and the shards in systems of the quarkchain network run the following consensus algorithm :

=> The root chain runs the POW algorithm, wich is the same as bitcoin and ethereum. This means whan two forks happen on root chain, the fork with the longest lenght (or total difficulty) will survive.
=> Each shard runs a consensus called root-chain-first POW algorithm. Given two forks on a shard, to determine which fork to survive, a node would compare their corresponding root chains before comparing the forks.

This method ensures maximum security through the use of a relevant and efficient algorithm

4/ Security, decentralization and scalability

The 50% hash power allocation on the root chain of the Quarkchain network enhances system security besides scalability. In addition, the Quarkchain network is more decentralized than single blockchain system.

You can have more information on the official website
https://quarkchain.io/
=> Watch out for scammers and advertising links. The one and only official website is this one.

You can still participate to the ICO, you first need to follow the telegram group and follow instructions
https://t.me/quarkchainio

Do not miss the opportunity to be part of one of this year's most beautiful projects !