quarkchain: News of QuarkChain (QKC) - July 2024 Price Update - 15% Breakout Crypto News and Analysis
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QuarkChain's new vision, 'World Supercomputer,' boosts on-chain storage and computing. According to the Quarchain team, This is more than just an idea and they promise to share the details and development results soon. Public events and milestone reveals are on the way too. These announcement comes with a reminder yesterday to the general public, which they tagged as " Big Changes are Coming soon". The community members have been in anticipation, hoping to hear more about the World super computer project soon.
Oluwatosin BamideleTrade hard. Joy is coming
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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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Tge are thrilled to share that the QuarkChain team has successfully obtained two grants from Optimism for our ZK Fraud Proof research proposals, developed in collaboration with EthStorage. It's an honor to be acknowledged as one of the premier teams in zero-knowledge proof research. r🎉 The OP grant supports builders in the Optimism Collective ecosystem, offered in two forms: Collective grants for upcoming projects and Retro Funding for completed projects. Optimism's Season 5 grants featured five Collective Intents with numerous missions, drawing 314 proposals and selecting only 40. The proposals submitted include: "Research on Alternative OP Stack Zero-Knowledge Fault Proof Using WASM" and "Research and Development on Multi-Section Dispute Game."
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.
Spot the Main Event:
They shared that the QuarkChain team has successfully obtained two grants from Optimism for our ZK Fraud Proof research proposals, developed in collaboration with EthStorage. It's an honor to be acknowledged as one of the premier teams in zero-knowledge proof research.
Ajayi Johnweb developer
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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.
GLORIA OLUWAFERANMITo God be the Glory
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
Spot the Main Event:
QuarkChain team has successfully obtained two grants from Optimism for our ZK Fraud Proof research proposals, developed in collaboration with EthStorage. It's an honor to be acknowledged as one of the premier teams in zero-knowledge proof research. r🎉 The OP grant supports builders in the Optimism Collective ecosystem, offered in two forms: Collective grants for upcoming projects and Retro Funding for completed projects. Optimism's Season 5 grants featured five Collective Intents with numerous missions, drawing 314 proposals and selecting only 40. The proposals submitted include: Research on Alternative OP Stack Zero-Knowledge Fault Proof Using WASM" and "Research and Development on Multi-Section Dispute Game.
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