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.
Our goal is to provide the platform for #DeFi
1. users can easily participate in the DeFi using first-class assets such as native token defined by users
2. Scalability is still an issue and we could solve it by our sharding technology
3. Building our ecosystem with other experts https://t.co/350F2qBdvM
So many informations from #QuakrChain's monthly AMA!
👉What are the problems of #DeFi that run on #Ethereum?
👉How will #QuarkChain team plan to work with DeFi?
👉How the creation of other tokens based on #QKC will affect the value of the platform?