I was part of some ICOs but I have never seen as much interest and hype.
And I am part of the hype
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Why am I so excited about this one?
Is it because of
State Sharding
Turing complete S/C
Clustering as peers
No, because I had to lookup everything above what it means and what it does
I got interested first because of a bold statement of 1 million transactions per second.
The testnet is running since April 2nd with around 2000 transactions per second already which puts it ahead already of their competition and this with only a few nodes.
They plan to have 1 million tps
to compare
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For mass adaption we need scaling. While I think privacy is important as well, scaling is what is more interesting at the moment.
1 million tps while guaranteeing security and decentralization sounds like a promising step into the future.
To reach that goal Quarkchain will use a 2 layer structure
The first one will be shards, smaller components of a large database which makes them easier to manage.
The second one will be the rootchain, which will confirm the transactions from the shards.
Social Media
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Their Twitter has 11800 follower
Their Facebook 104
There are 72500 people in their Telegrammchannel
So there is quite the interest about this project
The KYC is starting today and will go on for 2 weeks.
I was very happy to see that Quarkchain is posting here on Steemit and you can follow them here
The roadmap
They will be trying to raise 20 million dollar which I expect they will achieve easily.
Pretty much every site around ICOs is excited for this one and so am I.
I must admit somethings I will have to reread to fully understand but so far I can understand the hype.