QuarkChain Monthly Project Progress Report: February, 2021

Published in

QuarkChain Official

3 min readMar 4, 2021

Dear Community Members,

Welcome to the 62th QuarkChain Monthly Report (February, 2021). We will post monthly reports including development progress, monthly news, and events at the end of each month. In the future, QuarkChain strives to do better. Let’s review what happened in the past month!

1) Development Progress

# Major Updates

Research on fully decentralized solutions on bridging tokenized assets

2) Recent news

2.1 QuarkChain New Mainnet “BigBang” Function Activation

QuarkChain’s new mainnet “BigBang”, which was launched in December 2020, has been under the internal online testing phase. During this period, we invited a small group of community members, ecosystem partners and wallets to participate in testing the security and usability of multi-native tokens. Next, we will have the final testing phase. In this phase, we will activate the functional code, and complete the final test with major exchanges. After the code is activated and tested, all “BigBang” functions will be open to the community.

2.2 QuarkChain’s First Mainnet-based NFT&DeFi Application Announcement

After the completion of mainnet function activation, we will launch the first mainnet-based NFT&DeFi applications. By then, community members can have first hand experience of QuarkChain’s innovative products on the Bigbang mainnet.

2.3 QKC listed at MXC and started yield mining event

MXC listed $QKC/USDT trading pairs at 20:00(UTC+8), 02/15/2021, and started the yield mining event in the meantime.

3) Past Events

3.1 QuarkChain AMA at MXC_Exchange Community

At 20:00 on February 17th, QuarkChain CMO Anthurine visited the MXC matcha community, and introduced QuarkChain’s technical highlights, technical development, and differences from the top projects in the live broadcast. She mentioned that, QuarkChain can achieve the public chain + alliance chain model by using heterogeneous multi-chain technology, which not only the alliance chain can control the access or disconnect from the public chain, but also enterprises can customize different chains based on the different requirements of industries.

3.2 QuarkChain x Chainlink Korean AMA

On February 10th at 7 pm (KST), QuarkChain Korea team held an AMA with ChainLink at ChainLink’s Korean telegram channel. QuarkChain introduced the technology and application of QuarkChain to ChainLink community group of about 1,300 active participants. ChainLink is QuarkChain’s oracle service partner.

Thanks for reading this report. QuarkChain always appreciates your support and company.