The QuarkChain ICO (QKC Token) is raising funds toward a multi-layer, peer-to-peer transaction blockchain. The first layer of system contains shards, while the second layer is comprised of a root chain. The architecture of QuarkChain is predicated on finding a balance between security, scalability and decentralization.
Over recent years, decentralized blockchain technology has been completely revolutionizing every aspect of the economy. Over and over again, they are taking on new areas of industry and have been progressing further and further into the communications and technology industries.
And, as this world’s financial trade volumes continue to increase, current blockchain applications cannot meet the needs of the global economy. Overall, the ambition of blockchain projects is to optimize scalability, without compromising on decentralization or security.
QuarkChain is hoping to be able to offer a solution to growing customer demands and increased transaction volumes within the blockchain ecosystem. They are an up and coming innovative blockchain network that is gearing themselves up to meet the needs of the increasing global trade volume while implement certain features that make them a one of a kind type of project.
QuarkChain will provide a decentralized solution to the problem that is both secure and scalable. It is poised to be capable of delivering over 1 million on-chain TPS.
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.
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.
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.
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.
Ticker: QKC;
Token type : utility token;
Platform: own blockchain;
ICO Token Price: TBA;
Soft cap: no info;
Hard cap: 20 million USD;
Pre-sale: no info;
Available for Token Sale (ICO): no info;
Total supply: 10 billion QKC;
Token distribution: TBA;
Accepted Payments: ETH
Countries Excluded: China, US
Q2 2018 — TestNet 0.2 release which will support most of QuarkChain’s features such as smart contract, reshard, and so on.
Q4 2018 — QuarkChain Core 1.0 release, Mainnet 1.0, and Smart Wallet (aiming for ~100,000 TPS at this time).
Q2 2019 — QuarkChain Core 2.0 release, Smart Wallet 2.0, (aiming for ~1 million TPS with clustering at this time).