Quarkchain

Quarkchain is an innovative permissionless blockchain architecture that aims to meet the global-wise commercial standard. It provides a secure, decentralized and scalable blockchain solution to deliver 1,000,000+ on-chain TPS.

Guaranteed security by market-driven collaborative mining: To ensure the security of all transactions, a game-theoretic framework is designed for incentives, where at least 50% of overall hash powers are allocated to the root chain to prevent double spending attack on any transactions.

The QuarkChain ICO has a hard cap of $20 million USD. It has a total token supply of 10 billion. It is difficult to do a full analysis at this time because I don’t have all the metrics pertaining to this ICO. I could not find any information about their pre sale, private sale or their circulating supply. Or whether those tokens are locked or vested.

I’m sure this information will come out shortly it’s just very early and I wanted to do this review now.

However I can compare it somewhat to other ICOs in the same category. For example ICON, Dragonchain, Ziliqa, Wanchain, Credits etc.

Well basically QuarkChain wants to build a blockchain focused on scalability and security. They will use two protocalls or layers that faciliate transactions. In all honesty it’s a bit complicated and I would suggest heading to their website if you really want to read about it in depth.

They talk about a root layer and a sharding layer and it’s a bit complicating and technical. In order to understand what QuarkChain really wants to do you actually have to understand the physics behind this project.

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

Simple account management: There is only one account needed for the entire blockchain (shards) in QuarkChain. All cryptocurrencies from different shards are stored in one smart wallet.