QuarkChain is a great expertise in blockchain’s technology! I named Quarkchain as the world's greatest implementation of blockhain technology. Quarkchain is a blockhain technology that manages 1 million chain transactions per second. Can you believe it?
What is QuarkChain actually?
QuarkChain is a blockchain project centered around ideas of shards, sub-chains, and root chains. The project first olny appeared online in February 2018. An ICO for platform QKS token will take place in May 2018. Meanwhile, the company is preparing to launch the first version of their blockchain by Q4 2018.
Quarkchain will help Crypto lovers in Malaysia with 4 A Formula?
In Malaysia, Bank Negara Malaysia (BNM) does not prohibited cryptocurrency investments. Only risks and doubts about the consumer and the need for regulatory authorities involve the digital currency. Then,there are some issues that need an attention.
Avoiding cyber attacks
Virtual currency can be lost stolen by computer hacker. Last year, the NiceHash platform lost about 4, 700 bitcoins worth nearly US $ 64 million at the time after being hacked. Once lost, the asset cannot be recovered.Avoiding error and complex processing transaction
In the event of a mistake due to the mistake of the user as being misleading to others and the technology problem, consumers may lose their assets or cannot be done.Avoiding Fraud
Generally, digital currency can be spent by anyone with owner account information. In most digital currencies, transactions cannot be reversed even as a result of fraud or unauthorized use.Avoiding Scams
Since virtual currency is not regulated and not recognized by the central bank, nobody will take any responsibility if any problems occur.
So here Quarkchain’s aims!!
Quarkchain has "a very large, decentralized, safe, public, unauthorized barrier." The main goal of blockchain is to be a pioneer of the industry in the future by delivering the requested and enhanced transaction capacity.
How Does QuarkChain Work?
QuarkChain achieves scalability using two-layer structures. The first layer donates elastic shards. It is a division of databases that divides very large databases into smaller, more efficient, and easy-to-manage components. It is called data shards. Data Shards are the main thrust of the QuarkChain project.
Additionally, the second layer is referred to as the root blockchain which is part of the component in the Quarkchain project. It determines the transaction (block) is rejected by the first layer. QuarkChain's second layer can be restarted as needed without changing the root layer.
Another unique feature of QuarkChain is the ability to provide quality assurance through market-based collaboration mining. Basically, there are 50% of network hash power reserved for root blockchain. It is to prevent multiple shopping attacks. In the future, cheap resource nodes can form teams to create super nodes.
Quarkchain is the most efficient in blockchain progress!!
QuarkChain will also assist efficient cross-shard transactions in two types. It includes deals in and shards. In-shard transactions occur when the input and transaction addresses of the transactions are in the same shard, while break-through transactions occur when the input and output addresses are in different tracking. Crosslinks can be removed at any time and confirmed only for a few minutes at maximum speed. As the number of disposal increases, the speed of cross-transaction will also increase.
Single private key, they can manage all addresses. Additionally, users will interact with the QuarkChain block via an easy account dashboard. The dashboard will help us examine all cryptographic currencies from different block chains of different shards - from one wallet screen.
Ethereum Best Supporter!!
QuarkChain is the most successful blockchain for smart contracts. The Blockchain specifically supports smart contracts that run on the Ethereum Virtual Machine (EVM). So, Quarkchain may helps developers in direct use of their smart contracts. The end result of all these technologies is that QuarkChain has 8 small small blocks with a 10-second target block time along with a blockchain root with target block time of 150 seconds.
QuarkChain ICO Team
Qi Zhou is Founder and CEO of QuarkChain. He has software engineering experience with the likes of Google, Facebook, and EMC, where he developed sharding and clustering solutions. Qi holds a PhD from Georgia Tech in Electrical and Computer Engineering. With his expertise, I think Quarkchain has no problem to continue with the capability and capacity competing with other blockchains.
Yaodong Yang is a Research Scientist with the QuarkChain ICO. He is the Cofounder of Demo ++, a startup incubator. He is also a Prof. at Xi'an Jiaotong University and holds a PhD in Engineering from Virginia Tech. He is another engineered genius, capable of raising a very small weakness if it exists in Quarkchain.
Xiaoli Ma is also a Research Scientist with QuarkChain. She currently serves as a professor at Georgia Tech and is an Institute of Electrical and Electronics Engineers Fellow. I am sure his expertise will help to improve and propel the more perfect Quarkchain system.
Anthurine Xiang serves as CMO. For the last 4 years Anthurine has worked in Silicon Valley, with companies such as LinkedIn, Chartboost, Beepi and Wish. She holds an MSE in System Analysis and Economic Management from Johns Hopkins University. He is able to highlight the system in Quarkchain using a unique module of quarks, sub-chains, and root-chains.