QuarkChain Methods and Features of Application

in #ico6 years ago

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Many companies are looking into the blockchain network and giving priority as the most important financial institutions. They are making consequent requests in Ethereum system as the transaction volume demands to plan and maintaining it to amplifying it for more applications that are developing for the future. A number of blockchain networks are out there and free to provide organizations. For that reason, they are working hard to put together the Cryptocurrency system sensible to everyone. To achieve the goal, QuickChain has assembled high-capacity peer-to-peer transaction systems permitting all the comparative issues and making the system exclusive. They are constructing the network with constant evolution in term of making the system to as a strong platform for blockchain.

QuarkChain Dealing Method

QuarkChain has built an innovative blockchain architecture that works without any permission and aims to meet the commercial standards globally. The urbanized network has two different layers of structure and persuades the weak miners to mine straight and does not require any mining poles to be connected. QuickChain smoothen the progress of multiple chip notes to structure a group of nodes for a decentralized system of the blockchain. Every transaction in this network is confined by 50% hash power and this makes possible the double-spending attack. With this facility, it might become harder to perform due to the decentralized nature. This also guarantees the safety measures to the maximum level.

Features of QuarkChain

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To serve the solutions among 1 million users, it has adopted some important features that include:

  • Resharadable Two-Layered Blockchain: It has two separate layers for the blockchains. It ensures the elastic shard blockchain as the first layers. The second layer is the root for QuickChain and it confirms the first layer of the blocks. Also, the first layer is flexible enough to be resharded whenever it is required without any changes to the root layer.

*** Guaranteed Security by The Market-Driven Collaborative Mining:** This feature makes certain about the security issues for all transactions of the game-theoretic framework. It has been designed for the incentives for 50% hash powers that is allocated for the root chain for preventing the double spending attacks for transactions.

  • Anti-Centralized Horizontal Scalability: With the higher amount of TPS, almost every blockchain network has a super full node that can be expensive and encourages the centralization. It also enables the cheaper nodes to form a cluster for replacing a super full node.

  • Efficient Cross-Shard Transactions: QuarckChain has authority to issue cross-shard transaction at any time and confirms it in a minute. The speed of cross-shared transaction can linearly raise the number of increased shards.

  • Simple Account Management: To maintain the whole blockchain shard in QuarkChain, it needs just one account. The other cryptocurrencies are different from shards and it can be stored in one smart wallet.

  • Turning Complete Smart Contract Platforms: It is the supporting network for QuarkChain in terms of completing smart contracts. It adopts the Ethereum Virtual Machine or EVM that gives permission for easy migration for the decentralized Apps of EVM onto the platform of QuarkChain.

Being a decentralized, locked, and scalable platform of blockchain QuarkChain basically works absolutely without permission. Their objective is to convey their service to over 1 million on-chain TPS by the technology application. It serves all their clients with a motto to change the world with the revolutionary blockchain technology by the transactional system.

Official Website:https://www.quarkchain.io/

Twitter: https://twitter.com/Quark_Chain

Telegram: https://t.me/quarkchain (EN)

https://t.me/QuarkChain_ZH (CN)

Announcement Chanel: https://t.me/QuarkChain_News

MYEther Addreess : 0x70aE6fFc22837121B9Bb37c676eCf2Bf5d69412A

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