What is Quarkchain (QKC)?
The QuarkChain Token (QKC) Cryptocurrency is a simple high chain capacity peer-to-peer transactional system consisting of a two-layered blockchain- the first one is the elastic sharding blockchains known as shards sitting as the first layer and a root blockchain, performing the function of confirming the blocks from the shards and posing as the second layer.
The QuarkChain Token (QKC) Cryptocurrency is an ERC-20-based cryptocurrency or token that is to be used solely as the primary token on this network.
Features of the Quarkchain Token Cryptocurrency
The Quarkchain Token (QKC) Cryptocurrency is basically a permissionless blockchain architecture that focuses to meet some global commercial standards. The main aim is to provide a decentralized, secure, and a scalable blockchain solution that is used to deliver 100,000+ on the chainTPS. Following are the main features of the Quarkchain Token (QKC) Cryptocurrency:
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- FLEXIBILITY– The Quarkchain Token (QKC) Cryptocurrency is a public chain that supports multiple consensuses, token economics, multiple transaction models with virtual machines, known as VMs, ledger in one network. Furthermore, it can reportedly adapt to various innovations of the blockchain by customizing consensus, ledger, transaction models with VMs, and token economics, in every shard in order to satisfy the different requirements of different enterprises, DApps (decentralized mobile applications) and industries. This network supports two consensus algorithms, which are: PoW and PoSW, which is a combination of PoS+PoW. Moreover, consensus algorithm (PoS, DPoS and much more) will be added into various shards in the future. It is EVM compatible and every decentralized app or DApp deployed on the Ethereum can be deployed in the Quarkchain Token (QKC) Cryptocurrency. This team is also planning to add some more virtual machines such as EOS VM, in a wide range of shards so that the developers have more choices.
- SCALABILITY– The Quarkchain Token (QKC) Cryptocurrency focuses on delivering around 100,000+ on-chain TPS. Currently, around 55000+ peak TPS has also been achieved in this TPS Competition that is held within the community.
- DECENTRALIZATION– The Quarkchain Token (QKC) Cryptocurrency has a two-layered structure. Also, it encourages individual miners with various levels of capability in order to mine directly without joining the mining pools. People can also choose to mine either in the shard or in the root chain.
- GREAT USABILITY– The Quarkchain Token (QKC) Cryptocurrency also supports native tokens that enable every shard to have its own token economics. It further supports scalable cross-shard transactions. There is no need to have numerous accounts as only one account is required to access the entire resources in various shards, and the small wallets simplify the whole management.
Quarkchain Token Cryptocurrency Price Live Data
Today’s live Quarkchain Token (QKC) Cryptocurrency price is USD 0.025642 with a twenty-four-hour trading volume of around USD 92,34,277. Therefore, we will be updating the Quarkchain Token (QKC) Cryptocurrency to the USD price in real-time.
The Quarkchain Token (QKC) Cryptocurrency has been over 13.57% in the last twenty-four hours. Furthermore, the current ranking of different websites holds the Quarkchain Token (QKC) Cryptocurrency at 311 ranks, with a live market cap of around USD 164,105,439. It also has a circulating supply of 6,399,906,497 Quarkchain Token (QKC) Cryptocurrency coins with a complete collection of 10,000,000,000 Quarkchain Token (QKC) Cryptocurrency coins.
It is not possible to get all the cryptocurrencies with the US dollars. However, Ethereum, Bitcoin, Litecoin, bitcoin cash, and other popular cryptocurrencies can be easily purchased with US dollars with the help of BlockFi and Coinbase. The Quarkchain Token (QKC) Cryptocurrency also produces its own wallet software that is available on its official website and allows you to store the Quarkchain Token (QKC) Cryptocurrency on your computer.
Originally published on procommun.com