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RE: Why We Need QuarkChain's 100,000 tps
Scalibility is among the major issues facing cryptocurrencies right now. It's an issue bitcoin and Ethereum, the two biggest cryptocurrencies are constantly having to deal with.
If QuarkChain can achieve its goal of 100k TPS, it truly would be a revolution among the blockchain industry. More importantly it would be a legitimate threat to the established status quo against VISA and Mastercard and be arguably a mainstream phenomenon.
Exactly, it won't just be a revolution in the blockchain industry, but a major leap forward in the overall payments industry. It offers a solution to the problems faced by Bitcoin and Ethereum and it offers a potential alternative to existing legacy payment networks.