You may be wondering, "what is Quarkchain?" Quarkchain is a peer-to-peer transaction system with high capacity, which aims to deliver more than 1,000,000TPS (transactions per second) with the use of sharding technology. As a blockchain, it aims to solve 3 major problems within blockchain technology, also known as "the trilemma." These 3 factors are security, scalability and decentralisation.
Quarkchain has been gaining more and more traction as the days go, and here we will further illustrate as to why Quarkchain is one of the hottest ICOs of 2018 so far.
The Problem & The Solution
As mentioned earlier, Quarkchain is aiming to achieve more than 1,000,000TPS as a 3rd generation blockchain. With such speeds, the integrity and performance of the system must be able to remain intact and not become compromised.
Quarkchain has already proven that it can deliver results and is heading in the right direction, as it's already reached 2000TPS for its Testnet. It also uses a 2 layer protocol, that entails sharding technology which acts as the first layer, and a root layer for confirming the blocks transferred from the shards, as its second layer.
Having a seamless connection between this 2 layer protocol allows cross shard transactions to happen anytime. As the number of shards used increases, the amount of cross-shard transactions processed and being transferred also increases.
In addition, only one account is necessary to manage all shards, making things user-friendly.
The Team
The team of Quarkchain is of a high calibre with vast experience, which includes examples such as Google and Facebook.
Advisors
Conclusion
In conclusion, Quarkchain so far is looking like one of the hottest ICOs of 2018. It aims to solve a big problem as a high capacity peer-to-peer transactional system, has a fantastic team with experience from leading companies such as Facebook, Google and Instragram, and Is gaining more popularity each day.
Overall an excellent project, which looks very promising for the future.
For more information about this ICO, check out the following links:
Website: https://quarkchain.io
Telegram: https://t.me/quarkchainio
Twitter: https://twitter.com/Quark_Chain
Facebook: https://www.facebook.com/quarkchain
Whitepaper: https://quarkchain.io/QUARK%20CHAIN%20Public%20Version%200.3.2.pdf
Github: https://github.com/QuarkChain