- Mar 14, 2018
- 79
- 4

2017 is a year considered successful for cryptocurrency and the blockchain kingdom, although it derives from the hit network WannaCry, but it also helps the world know and give their attention to the blockchain platform. Many of these projects have adopted the advanced chaining technology platform, which is arguably the key to addressing security and transparency issues for the new economy. But it brings a huge loss of hardware resources, the biggest problem of crypto is the current speed of transaction, bitcoin is now considered king of the crypto kingdom only the speed of transaction is. 7TF / s, and this number is not enough to meet the growing demand for heat.
As a necessity, improving transaction speed is an important prerequisite for the continued development of the blockchain system, and today we are exploring a project that aims to create a 1 million transactions per second
Speed is the strength, and the power holder will go first ...
To understand the problem, we will have to look at the past to see how the current popular blockchain trading. For example, when A and B perform a bitcoin transaction, the Blockchain network system (Node) performs the steps to verify the change through algorithms. When this command is given it will have to go through a series of test steps (through different nodes), by checking the "ledger", to see if he still has enough Bitcoins that A wants to use. to pay or not. If everything is guaranteed, the special Node called the Miner (Miner) will "pack" A's suggestion with other confirmed transactions and form a new Block and move on to " "Blockchain" book. Successful transaction! This seems to be very secure ... yes, but the scalability and security capabilities often do not go together in Blockchain technology.

QuarkChain offers a solution that balances these needs by separating the two layers, the first layer being sharding, while the second is the root chain. The structure of QuarkChain is intended to provide a balance between decentralization, extensibility, and security.

- The first layer can be called CONFIDENTIAL: contains all the sub-blocks, also known as the shard where own independent transactions. As the number of shards increases, the number of transactions that can be accommodated on it is also increased.
- The second layer of QuarkChain is the ORIGINAL LAYER (root chain). The rootchain's primary function is to validate all blocks from the sharded chains. The rootchain itself does not contain any transactions.

QuarkChain is currently running the first testnet version ahead of schedule. According to our survey, the current performance of Testnet is 2K transactions per second. According to the development roadmap of QuarkChain, in the next milestone the team targets 10K transactions per second and will continue to grow. QuarkChain has publicized Github, however, this Github has not been accessed without the permission of Team
Maybe you will feel a bit confused with the knowledge I just said, no problem, the user's simple to use. And QuarkChain has optimized all in one Smart Wallet application, which stores all addresses owned by users in each shard and is connected through individual private keys.
In theory, a user can have multiple addresses connected to different shards. To solve this problem, QuarkChain applies both accounts in the wallet as primary and secondary accounts. The primary account includes the user's fixed shard address while the secondary address manages the remaining address of the other shard. In order for the fund management to be minimal, any transaction that takes place on the premium account will transfer the remaining balance to the primary account. The user's balance will be maintained on this account, minimizing the risk of confusion between multiple balances in multiple shards.
The QuarkChain Token (QKC) is compatible with ERC-20 and is distributed on Ethereum's Blockchain. After the mainnet is launched in the fourth quarter of 2018, the ERC-20 tokens will be converted to pre-mining tokens. In the future, QKC will be produced by the diggers.
QKC is the only means of trading value in the system as well as reward for the diggers. QuarkChain will support intelligent contracts on the Ethereum Virtual Machine (EVM) to enable future compatibility with existing dApps and increased scalability.

The impressive advance of QuarkChain in advance of the roadmap can create confidence in the QuarkChain team's sharding solution before Ethereum.
When developing sharding, Ethereum is losing time in operating various functions. Does QuarkChain meet such high metrics, which can be determined through the first steps of the project to address this urgent problem.
QuarkChain is also a compatible EVM - decentralized applications will benefit from the ability to handle large amounts of data (high throughput) with the option to migrate to the QuarkChain platform at any time. This will allow opening an integrated door to the network.
The battle handles / transfers a huge amount of data very hard. Some rivals also have the speed of processing such as Zilliqa or Fusion also when the intention to testnet in Q2, and can not be ignored Ethereum again. As always, adopting a protocol is an important piece in this game when the chain will occupy the throne.
Currently, QuarkChain has not announced the partners but the team revealed that the team is really trying to deploy the work. In the whitepaper, QuarkChain points out that some industries may be benefiting from product development - one of which is the development of decentralized telephony applications. In an effort to reach the industry, QuarkChain is creating on-chain development tools for Android devices.

QuarkChain is an adventurous opponent of scalable solutions. Teams focus on the product before moving on to build community and establish partnerships. Although we have released Testnet, we still need to observe more about the speed of development of the project. In addition, QuarkChain's development team is remarkable and has outlasted their potential through Testnet.

And according to their development program, the Mainnet system will start rolling out by the end of 2018, now all projects know that they can not rely on the shadow of the etherium forever, and looking for a path of its own is the best direction, the mainnet launch will be the wing to open the path. That is also a factor that makes me appreciate the project, if you are an investor, I believe you understand the importance of this.
Human factor - the key to success.
Even if a project is perfect, people are the key to winning, with years of experience in sharding and clustering, blockchian and related fields. I appreciate the development team of the project.

Below are the list of consultants with QuarkChain:

The project focuses on the problem of Ethereum's scalebility through Sharding method, moderate hardcap, good experienced dev team, good marketing. This is a potential project worth noting in the coming time. Of course I can not list all here, but I believe this is an egg that you should put in the basket. More information below.
Information about …
Website: https://www.quarkchain.io/
Whitepaper: https://www.quarkchain.io/QUARK CHAIN Public Version 0.3.2.pdf
Telegram: https://t.me/quarkchainio
Facebook: https://www.facebook.com/quarkchain.quark.5
Twitter: https://twitter.com/Quark_Chain
— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —
Success comes from ideas, starting with enthusiastic people and flying high by the whole community
-Author: Hoangvuhk3110
-Link Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1805177