[ICO] QuarkChain A High-Capacity Peer-to-Peer Transactional System



  • WATCH BRIEF INTRODUCTION

    FEATURES

    We'll all look back in 20 years and conclude that Bitcoin was as influential a platform for innovation as the Internet itself was.      -Marc Andreessen (The investor & Web browser pioneer )







    TECHNOLOGY

    Two-layered blockchains

    The QuarkChain consists of two layers of
    blockchains. We apply elastic sharding blockchains (shards) as the
    first layer,
    and a root blockchain that confirms the
    blocks from the shards as the second layer.

    Market driven collaborative mining

    We designed a game theoretic framework
    for incentives, where hash powers are incentivized to distribute evenly
    among shards.
    There are at least 50% of overall hash
    power allocated to the root chain to prevent double
    spending attack.

    Simple account management

    There is only one account needed for all
    shards. All cryptocurrencies from different shards are stored in one
    smart wallet.

    Horizontal scalability

    Because a super-full node can be
    extremely expensive when TPS goes high, we allow multiple honest nodes
    forming a cluster
    running as a super-full node.

    Cross-shard transactions

    Cross-shard transactions can be issued
    at any time, and confirmed in minutes. The throughput of cross-shard
    transactions
    increases linearly as the number of
    shards increases.






    Links:


    website:https://quarkchain.io/

    twitter:https://twitter.com/Quark_Chai...

    WeChat:https://mmbiz.qpic.cn/mmbiz_jp...

    github:https://github.com/QuarkChain

    telegram:https://t.me/quarkchainio

    blog:https://medium.com/@quarkchain...

    white paper:https://quarkchain.io/QuarkCha...






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