The Quarkchain Platform.

imbitz (32)in #cryptocurrency • 6 years ago (edited)

The Quarkchain network is popular in the cryptocurrency market. Its unique features have made it stand as one of the best among other cryptocurrency markets. The transactions made through the Quarkchain is fast, and it is easy and convenient to trade through this platform.

The Quarkchain blockchain platform is regarded to offer 1 million on-chain transactions per second. This blockchain is based on shards and root-chains. These platforms have gained popularity with transactional capacity. The Quarkchain focuses on the global commercial standard. This platform runs on ledger and confirmation. The two layers are the sharding blockchain layer and the root chain. Shards are based on sub-sets of all transactions, and these shards are helpful in processing more transactions.

There are two types of transactions in this network, which is the in-shard and cross-shard. What happens in In-shard transactions, is that the input and output address of the transaction happens in the same shard whereas in the Cross-shard transactions, what happens is the input and output address of the transaction.

QuarkChain Features

In this section here, let us look at some of the unique features of the Quarkchain. The Quarkchain runs as an Anti-Centralized Horizontal Scalability Expansion. It has multiple smaller nodes that will run as a super-full node.
The Quarkchain has Cross-Shard Transactions as well as Cross-Chain Transactions. Cross-shard transactions can be done at any time and can be confirmed within minutes. Cross-chain transactions are possible as it only has one root chain. The root chain facility uses an adapter.

The smart wallet is another mechanism developed by the QuarkChain, and it is based on using a single private key. All addresses owned by the user in any shard are accessible via a single private key. The smart wallet runs on two accounts, which will be the primary account and the secondary account. The primary account has the address of the user in a default shard, and the secondary account has the rest of the addresses of the user.

Token Symbol.

The token symbol that the Quarkchain uses is the QKC. You could use this anywhere in the world. However, a few countries are restricted. The crowd sale will start at the end of May or at the beginning of June. Anyone in this platform will get paid by the QKC coins. The value of the coins is determined by the transactions done. If the transactions increase, the value of the coins will also increase. At the initial stage, one could buy just twenty coins and then increase gradually.

This platform has reached out crypto to a wider mainstream audience. They will go on supporting smart contracts by using the Ethereum Virtual Machine (EVM). The team members should be credited to their well-done service because it is they who are behind the success of this platform. If not for the team members there will not be this system to help you with transactions. They provide an excellent service, and finally, the clients will be left out to be happy.