QuarkChain

About QuarkChain token

QuarkChain is a distributed system focused on improving blockchain peer-to-peer transaction security and scalability. It resolves the common issues of blockchain technology having a very limited throughput and high transaction and operation costs. Through the implementation of a two-layered blockchain architecture, QuarkChain enables the processing of transactions in a secure, scalable, and flexible manner. The further application of sharding technology, which splits the network into smaller manageable parts, incrementally increases the speed of transactions. QuarkChain also employs a collaborative mining strategy that ensures balanced hashing power and reduces the probability of centralized attacks. Moreover, QuarkChain's architecture is able to support different virtual machines and consensus algorithms which gives considerable development freedom to the application developers. This flexibility emphasizes the usefulness of QuarkChain in many sectors, including financial services and supply chain management.