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 can be issued at any time, and confirmed in minutes. The throughput of cross-shard transactions increases linearly as the number of shards increases.
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.
Founder & CEO of QuarkChain Dr. Zhou
@qc_qizhou posted an article to discuss how blockchain would be extended beyond private use with some modifications as a distributed file system. Click here to read more: https://t.co/8YjsF0L8Vh #QuarkChain #QKC $QKC
QuarkChain Global Ambassador Program is the campaign for the crypto and blockchain tech fans who want to spread awareness about our project worldwide and earn special treatment for it! We are still accepting applications without deadline limitations!
#QuarkChain and an ecological department of Chinese province jointly develop an environmental governance platform on blockchain, which aims to provide a system to use heterogeneous sharding to ensure scalability and allows for network customization. $QKC https://t.co/H5vmWADEUo
One of #QuarkChain community members has finally achieved 1,000,000 TPS🔥 To explore the new height of blockchain performance and let more #QKC enthusiasts participate in blockchain systems design, we will hold the 3rd TPS competition in 2020 Q4! $QKC https://t.co/GvigcY9z4O