Overview
QuarkChain (QKC) is a high-performance blockchain platform designed to address scalability challenges in the blockchain space. Leveraging sharding technology, it aims to support high transaction throughput while maintaining security and decentralization.
Key Metrics
- Current Price: ₩8.91 KRW
- 24h Trading Volume: ₩9.32B KRW
- Market Cap: ₩63.59B KRW
- Circulating Supply: 7.13B QKC
- Total Supply: 10B QKC
- Rank: #532 (CoinMarketCap)
Price Performance
- 24h Change: +2.73%
- All-Time High: ₩6,632.01 (Apr 25, 2021)
- All-Time Low: ₩1.85 (Mar 13, 2020)
What is QuarkChain?
QuarkChain is a flexible, scalable blockchain platform that uses a unique dual-layer architecture combining root chains and sharding blockchains. This design enhances transaction speed and network security while supporting various consensus mechanisms like Proof of Work (PoW) and Proof of Stake & Work (PoSW).
Features
- High TPS: Targets 100,000+ transactions per second (TPS).
- EVM Compatibility: Supports Ethereum Virtual Machine (EVM) for easy DApp deployment.
- Cross-Shard Transactions: Enables seamless asset transfers between shards.
- User-Friendly: Single-account access across all shards with smart wallets.
Security
QuarkChain employs a multi-layered security approach:
- Dual-Layer Architecture: Root chain and sharding blockchains work together to validate transactions securely.
- Flexible Consensus: Supports PoW, PoSW, and plans for DPoS and PoS in the future.
- Continuous Audits: Regular smart contract audits and security assessments.
Use Cases
QuarkChain is versatile and suitable for:
- Decentralized Applications (DApps): Gaming, DeFi, IoT.
- High-Frequency Trading: Supports rapid transaction processing.
- Enterprise Solutions: Customizable shards for specific business needs.
FAQ
How does QuarkChain achieve scalability?
QuarkChain uses sharding technology to split the network into smaller partitions (shards), each handling a portion of transactions. This parallel processing boosts overall throughput.
What makes QuarkChain secure?
The dual-layer architecture, combined with flexible consensus mechanisms and continuous monitoring, ensures robust security against attacks.
Can I run Ethereum DApps on QuarkChain?
Yes! QuarkChain’s EVM compatibility allows developers to port Ethereum DApps seamlessly.
Where can I store QKC tokens?
QKC can be stored in any ERC-20 compatible wallet, including MetaMask and Trust Wallet.
Market Data (KRW)
| Metric | Value |
|---|---|
| Price | ₩8.91 |
| 24h Volume | ₩9.32B |
| Market Cap | ₩63.59B |
| Circulating Supply | 7.13B QKC |
| All-Time High | ₩6,632.01 |
Recent News & Events
- Community Growth: Over 100K global members.
- Technical Milestones: Achieved 55,000+ TPS in community-hosted competitions.
- Upcoming Features: Expansion to additional virtual machines like EOS VM.
Similar Tokens
- Ethereum (ETH)
- Chainlink (LINK)
- Shiba Inu (SHIB)
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Conclusion
QuarkChain stands out as a scalable, secure, and user-friendly blockchain platform. Its innovative architecture and EVM compatibility make it a strong contender for future blockchain adoption. Stay updated with live price data and market trends on CoinMarketCap!