QuarkChain is a permissionless multi-layer blockchain that enables peer-to-peer transactions. It was created to address key scalability issues that hampered Ethereum's initial release. QuarkChain employs sharding to enable sidechain interoperability and achieves transaction rates of over 10,000 transactions per second (TPS). The native cryptocurrency of QuarkChain, QKC, is currently an ERC-20 token on the Ethereum-based testnet.
As of December 31, 2018, QuarkChain's testnet was running on Ethereum 2.0. A mainnet was launched on April 20, 2019 and is still in its early stages of development.
QKC is currently mined using a combination of PoW algorithms enabled by Boson sharding.
On the QuarkChain testnet, Ethash, Double SHA256, Qkchash, and Ethash with Guardian have all been bug-tested. In the mainnet, the team employs Boson consensus to ensure that each works properly for broad interoperability.
QuarkChain can be purchased on a number of cryptocurrency exchanges, including Binance, Bilaxy, Coineal, CoinBene, Bitrue, and Hotbit. On a daily basis, over $3 million in QKC is traded, with trading pairs including BTC, ETH, XRP, and USDT.
QuarkChain Most Recent News
“Facebook has Diem but we have QKC payments coming with actual use-case! We have a NEW QuarkChain product coming up! Can't wait to share this transparent and easy-to-check scanner for all users, especially those who will pay with QKC!”
QuarkChain Price Prediction
QuarkChain ( QKC ) price equal to $0.02 USD on May, 25th 2021 here’s a price prediction on QuarkCoin
Furthermore, By the end of 2021 we believe the price of QKC will be around $0.12 to $0.42 USD