QuarkChain (QKC) ICO

updated 17 May 2018

A High-Capacity Peer-to-Peer Transactional System

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  • 4.8
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  • 4.8
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Status: ended
Public sale: 02 Jun`18-03 Jun`18
Cap: 20 000 000 USD
Goal: 10 000 000 BTC
(103 597 400 000 USD)
Price: 1 QKC = 0.0223 USD
Find out more

Two-layered blockchains

The QuarkChain consists of two layers of blockchains. We apply elastic sharding blockchains (shards) as the first layer, and a root blockchain that confirms the blocks from the shards as the second layer.

Market driven collaborative mining

We designed a game theoretic framework for incentives, where hash powers are incentivized to distribute evenly among shards. There are at least 50% of overall hash power allocated to the root chain to prevent double spending attack.

Horizontal scalability

Because a super-full node can be extremely expensive when TPS goes high, we allow multiple honest nodes forming a cluster running as a super-full node.

Cross-shard transactions

Cross-shard transactions can be issued at any time, and confirmed in minutes. The throughput of cross-shard transactions increases linearly as the number of shards increases.

Simple account management

There is only one account needed for all shards. All cryptocurrencies from different shards are stored in one smart wallet.