Buy QuarkChain (QKC)

QuarkChain addresses the challenges of scalability in the crypto world. Where older blockchains like Bitcoin and Ethereum struggle to process large numbers of transactions quickly and cost-effectively, QuarkChain provides a solution through sharding technology. This drastically increases processing capacity without compromising on security or decentralization.

Since its launch in 2017, QuarkChain has developed an infrastructure that theoretically supports more than 100,000 transactions per second (TPS). Currently, the maximum processing capacity is at 55,000 TPS—significantly higher than Bitcoin (6-7 TPS) and Ethereum (14-15 TPS). This makes QuarkChain ideal for applications such as artificial intelligence (AI), big data, Internet of Things (IoT), and mobile dApps.

Another important feature of QuarkChain is its flexibility. The platform supports multiple consensus mechanisms, transaction models, and even economic models within a single network. Additionally, QuarkChain is compatible with the Ethereum Virtual Machine (EVM), enabling developers to use existing tools and programming languages like Solidity.

Due to low costs, high transaction speeds, and a robust infrastructure, QuarkChain offers a versatile platform for both individuals and businesses. The project focuses on user-friendly applications and technological innovation, making it appealing to a wide range of users.

Who founded QuarkChain?

QuarkChain was founded by Qi Zhou, a former software engineer at Google and Facebook. Zhou's extensive experience with decentralized systems and large-scale IT architectures provided him with the knowledge to develop a solution for the shortcomings of traditional blockchains.

The core team of QuarkChain comprises experts in computer science, blockchain technology, and cryptography. Since its inception, the project has received significant funding, including over $20 million through an Initial Coin Offering (ICO) in 2018. QuarkChain operates globally and continues to expand and enhance its ecosystem.

QuarkChain offers a wide range of applications and benefits for both end users and developers:

• Scalable transactions: Thanks to sharding technology, transactions can be processed quickly and efficiently, ideal for payments and large-scale data exchange.
• dApp development: Compatibility with the Ethereum Virtual Machine makes the platform suitable for building and running decentralized applications.
• Cross-chain interactions: Interoperability with other blockchains facilitates the use of multiple networks within a single application.
• Individual mining: By supporting independent miners, QuarkChain promotes decentralization and fairness within the network.
• Enterprise solutions: QuarkChain provides scalable and flexible infrastructure for applications in AI, IoT, and big data.

QuarkChain combines scalability and security through a two-layer architecture and advanced technologies such as sharding and collaborative mining.

Sharding and the two-layer structure

The core of QuarkChain's scalability lies in the use of sharding. This is a technique where the blockchain is divided into smaller units, shards, that process transactions independently of each other.

Shard layer: This section distributes transactions across multiple shards, resulting in a significant increase in processing speed.

Root chain: The root chain collects and verifies transactions from the shards, thereby ensuring the security and integrity of the entire network.

This structure combines speed with security and utilizes a hybrid consensus mechanism called Proof-of-Staked-Work (PoSW). This mechanism protects the network against attacks while simultaneously reducing energy consumption.

Collaborative mining

QuarkChain introduces collaborative mining, where miners split their hash power between the root chain and the shards. This prevents dominance by large mining pools and promotes a fair distribution of rewards. As a result, the network remains decentralized and accessible to smaller miners.

Interoperability

Thanks to an advanced adapter mechanism, QuarkChain supports cross-shard and cross-chain transactions. This enables the integration and use of tokens from other blockchains within the QuarkChain network, significantly facilitating interoperability.

Multi-native tokens

QuarkChain offers support for multi-native tokens, which have the same functionality as the native QKC token, but without voting rights. This gives developers the freedom to create custom tokens for specific applications.

The QKC token is the native cryptocurrency of QuarkChain and plays an essential role within the ecosystem. It is used for transaction fees, rewards to miners, and as a payment method within the network. Moreover, QKC contributes to the growth of the community by rewarding both users and developers for their contributions to the platform.

A unique feature of QKC is its compatibility with the Ethereum blockchain as an ERC-20 token. This makes the token not only easily tradable on external exchanges but also integrable into Ethereum's DeFi ecosystem. Since 2021, QuarkChain has also supported multi-native tokens, allowing developers within the network to create specific tokens for their own applications, enhancing the versatility of QKC.

The maximum supply of QKC tokens is set at 10 billion. The token distribution is carefully designed to ensure stability and fair allocation:

45% is reserved for mining, marketing, and community initiatives. 20% was allocated during the ICO. 15% is reserved for the team and the foundation. 5% went to advisors.

This strategy should ensure a sustainable model that supports the development and growth of the ecosystem.

QuarkChain distinguishes itself through a combination of innovative technologies and flexibility, making the platform unique in the blockchain world.

• Hybrid consensus mechanism (PoSW): QuarkChain merges Proof-of-Work (PoW) with Proof-of-Stake (PoS) in an innovative model. Miners must stake tokens proportional to their hash power, encouraging decentralization and limiting the dominance of large mining pools.
• Individual mining without pool dependency: The platform encourages miners to mine individually, regardless of their computational power. This promotes a fair reward system and strengthens decentralization.
• Fully customizable blockchain components: QuarkChain offers developers the ability to fully customize consensus algorithms, transaction models, and tokenomics. This level of flexibility is rare among other blockchain platforms.
• Multi-native tokens without governance: With QuarkChain, businesses and applications can easily create multi-native tokens. These tokens offer the same functionality as the native QKC token but without voting rights, reducing complexity.
• Optimization for mobile dApps: QuarkChain has developed infrastructure specifically tailored for mobile applications. This makes it an excellent choice for developers targeting Android ecosystems and mobile users.

Purchasing QuarkChain (QKC) through Bitvavo. Our platform is suitable for both beginners and experienced investors . Follow these steps to buy QKC tokens via our website or mobile application:

1. Create an account or log in to your existing Bitvavo account.
2. Add funds by clicking "Deposit" and selecting your preferred payment method.
3. Search for QuarkChain (QKC) in the list of available tokens.
4. Enter the amount in euros you wish to invest or specify how many tokens you want to purchase. Then click "Buy".

You can securely store your QKC tokens in your Bitvavo account, which utilizes advanced security measures. The majority of assets are stored in offline cold wallets, providing maximum protection against digital threats. For additional security, you can enable two-factor authentication (2FA). This adds a unique verification step to your login process, significantly enhancing the safety of your account.

If you prefer to manage your tokens yourself, you can use a software or hardware wallet that is compatible with QuarkChain. Before making a transfer, always carefully check the wallet address in your Bitvavo account, then you can easily and securely transfer your tokens. By storing your tokens in an external wallet, you gain full control over your crypto assets and extra peace of mind.