blockchain: News of QuarkChain (QKC) - July 2024 Price Update - 15% Breakout Crypto News and Analysis
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The QuarkChain Network is a permissionless blockchain architecture that aims to meet global commercial standards. It aims to provide a secure, decentralized, and scalable blockchain solution to deliver 100,000+ on-chain TPS. QuarkChain is a high-throughput blockchain that leverages sharding technology to enhance the scalability of its network, aiming to address the issue of blockchain scalability which is a significant challenge for existing blockchain technologies. This innovative platform is designed to support a vast number of transactions per second (TPS), with ambitions to reach over 100,000 on-chain TPS, making it a competitive solution for global commercial standards.
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Explore the Core.
QuarkChain is a high-throughput blockchain that leverages sharding technology to enhance the scalability of its network, aiming to address the issue of blockchain scalability which is a significant challenge for existing blockchain technologies. This innovative platform is designed to support a vast number of transactions per second (TPS), with ambitions to reach over 100,000 on-chain TPS, making it a competitive solution for global commercial standards. At its core, QuarkChain operates on a multi-chain hybrid architecture, integrating various chains such as Ethereum, Arbitrum, and Optimism, among others. This flexibility allows it to support multiple consensus mechanisms, transaction models, ledgers, and token economics within a single network. The network's adaptability is further enhanced by its compatibility with the Ethereum Virtual Machine (EVM), enabling seamless deployment of decentralized applications (DApps) developed for Ethereum on QuarkChain. The team behind QuarkChain plans to expand this compatibility to include other virtual machines, offering developers a broader range of tools and options for DApp creation
OLUWATOSIN GARUBAExplore the Core.
QuarkChain is a high-throughput blockchain that leverages sharding technology to enhance the scalability of its network, aiming to address the issue of blockchain scalability which is a significant challenge for existing blockchain technologies. This innovative platform is designed to support a vast number of transactions per second (TPS), with ambitions to reach over 100,000 on-chain TPS, making it a competitive solution for global commercial standards.
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QuarkChain: A Scalable Blockchain Solution QuarkChain is a blockchain platform designed to address the scalability challenges faced by many other blockchains. It aims to provide a high-throughput, low-latency platform capable of handling a large number of transactions while maintaining security and decentralization. Solving Big Problems Scalability: QuarkChain tackles the issue of scalability by introducing a unique architecture that combines a Root Chain and Shard Chains. This approach allows for parallel processing of transactions, significantly increasing throughput. Transaction Speed: By leveraging its sharding technology, QuarkChain aims to achieve significantly faster transaction confirmation times compared to traditional blockchains. Decentralization: While maintaining a high level of decentralization, QuarkChain strives to balance it with scalability and performance. Innovative Use Cases High-Frequency Trading: QuarkChain's fast transaction speeds make it suitable for high-frequency trading applications, where speed is critical. Decentralized Exchanges (DEXs): The platform can support high-volume trading on decentralized exchanges without compromising performance. Gaming: QuarkChain's scalability can accommodate the demands of blockchain-based games, enabling smooth gameplay experiences. Supply Chain Management: The platform can be used to track and trace goods in real-time, improving supply chain efficiency. Internet of Things (IoT): QuarkChain's ability to handle a large number of transactions makes it suitable for IoT applications that generate massive amounts of data.
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Explore the Core.
QuarkChain is a high-throughput blockchain that leverages sharding technology to enhance the scalability of its network, aiming to address the issue of blockchain scalability which is a significant challenge for existing blockchain technologies. This innovative platform is designed to support a vast number of transactions per second (TPS), with ambitions to reach over 100,000 on-chain TPS, making it a competitive solution for global commercial standards. At its core, QuarkChain operates on a multi-chain hybrid architecture, integrating various chains such as Ethereum, Arbitrum, and Optimism, among others. This flexibility allows it to support multiple consensus mechanisms, transaction models, ledgers, and token economics within a single network. The network's adaptability is further enhanced by its compatibility with the Ethereum Virtual Machine (EVM), enabling seamless deployment of decentralized applications (DApps) developed for Ethereum on QuarkChain. The team behind QuarkChain plans to expand this compatibility to include other virtual machines, offering developers a broader range of tools and options for DApp creation
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