Want an exclusive Quarkchain update? BlockchainBrad chats with Qi Zhou (Founder). Wanna talk about upgrades, innovations and developments on this permissionless blockchain architecture? Well here’s the July updates. Quarkchain: A High-Capacity Peer-to-Peer Transactional System

Quarkchain Features:

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.

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.

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.

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8 COMMENTS

  1. ETH will eventually get scaling right and have 1st movers community adoption advantage ..but Vitalik said sharding scaling was ?? 1-2yrs away?? ..Main net scheduled for Q4 2018 seems QKC confident they got this down ..my thought on the Brads 1st video review was ETH would want to purchase QKC to implement shard ..this since they are not a sidechain the are main protocol. I cant see how ETH Leverage them now ?? ..Interesting times if they get marketed right and main.net is a success ..

  2. Thank you Brad ..this is a great update QKC . Interesting quality signed collaborations ..This means they maintain core focus. Wow : Anchor, Morpheus, Celer, Certiq, DxChain , OfficeLab, etc, etc …i am invested as speculative small cap but this is a great progress report.

  3. I was fortunate enough to get into the ICO decided to sell a bit (for another project) and held the rest even though everyone around me thought I was mad (maybe just cranky they missed out) but I just trusted myself (no tech background so this was more of a gut call) and it’s been a joy to follow all these positive updates. Exciting times to come and I look forward to their future. Thanks for the interview Brad ?

  4. Thanks Brad. Always good mate. People say I was crazy buying at 19cents and 22 cents but in the long run I see it growing. Of course I would have loved to buy at 9 cents but I'm not an oracle?

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