QuarkChain Coin is the native cryptocurrency of the QuarkChain platform and operates as an ERC-20 token. The platform aims to develop the most effective and widely used enterprise blockchain solution. Comprehensive research conducted to understand the blockchain solutions that businesses truly need has indicated that this feature is lacking in most existing projects.
QuarkChain (QKC) is a permissionless blockchain architecture that aims to meet global commercial standards. It aims to provide a secure, decentralized, and scalable blockchain solution that can scale to over 100,000 chains. The key features of QuarkChain include flexibility, scalability, decentralization, and excellent usability.
In terms of flexibility, QuarkChain is a public chain that supports multiple consensus, transaction models, ledgers, and token economies within the same network. Thanks to EVM compatibility, any DApp developed on Ethereum can be utilized on QuarkChain. In terms of scalability, it aims to achieve over 100,000 TPS across more than 55,000 chains, surpassing the current speed of 55,000 TPS.
Regarding decentralization, QuarkChain has a two-layer structure that encourages individual miners to mine directly without joining mining pools. Users can choose to mine on the root chain or a shard. For excellent usability, it allows each shard to have its own token economy and supports transactions between multiple shards.
By exploring the use of heterogeneous sharding technology, QuarkChain plans to enable businesses to transform their industries with blockchain in innovative ways. The company aims to expand its enterprise solution to smart cities and large-scale resource management systems in 2020. It aims to provide high-capacity storage, high transaction efficiency, and secure and reliable enterprise blockchain solutions.
The examination of QuarkChain Coin shows that investors approach this cryptocurrency with optimism but also consider its volatility and rapid price movements. QuarkChain Coin is currently trading at $0.0045 on CoinMarketCap during the preparation phase, with a total circulating supply of 9,101,914,002 out of a total supply of 10 billion. QuarkChain Coin can be purchased through leading cryptocurrency exchange Binance with QKC/BTC and QKC/ETH trading pairs.