QuarkChain aims to achieve millions of transactions per second (TPS), to achieve that QuarkChain uses two layers of blockchains and elastic sharding.
Elapsed Time :
Raised Funds :
ICO Score : 8.3 Out of 10
Hard Cap: 20,000,000 USD
Soft Cap: -
Accepted Currencies: ETH
Quarkchain is blockchain solution that aims to reach 1,000,000+ TPS by using a two-layered blockchain, this is possible by using elastic sharding blockchains (shards) as the first layer, and a root blockchain as the second layer. The system is secured by the use of collaborative mining and 50% of the overall hash powers are allocated to the root chain to prevent double spending attacks.
QuarkChain replaces super-full nodes by using a cluster of cheap nodes.
QuarkChain uses only one account for the entire blockchain. The cryptocurrencies from all the shards are stored in only one smart wallet.