QuarkChain Monthly Project Report: March 2022

Dear Community Members,

Welcome to the 75th QuarkChain Monthly Report (March 2022). 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

1.1 Updates

Add a self-adjusting mechanism to increase the network’s hash power by lowering the effective difficulty for root chain PoSW stakers. (QCEP-7) this will release on Tuesday, Apr 11, 2022, at 9 pm PDT. As this involves consensus changes and to avoid wasting mining power, please upgrade the cluster to this release before the above mentioned time.

2) Recent news

2.1 QuarkChain mainnet will be updated to version 1.6.0 to further increase the security of the root chain

In order to further increase the security of the root chain, QuarkChain plans to update the mainnet version 1.6.0 in the near future.

Expected upgrade time: April 11, 2022 9:00 PM PDT

Python version:

Go version:

With reference to recent security events, a solid bottom layer is a necessary condition for building rich upper-layer applications. This update will provide better security for the entire network, and a larger number of applications running on it will soon be available.

2.2 The QuarkChain Korea team participates in the #HashTECH Start-Up event sponsored by @Microsoft and Startup Women and shares online

The QuarkChain Korea team gave a speech on NFTs at the #HashTECH Start-Up event sponsored by Microsoft and StartupWomen on March 24th (KST).

As a sharing session for the entrepreneurial community, QuarkChain chose the topic of “How NFTs can be applied to business”, focusing on discussing NFTs, their value, their various formats, and how to apply them in different industries.

QuarkChain will continue to educate people on blockchain and relevant concepts like NFT, Web3, DeFi, Gamefi, and more in the future.

2.3 QuarkChain is now listed on LetsExchange

QuarkChain (QKC) is now available on LetsExchange and can be traded on all LetsExchange supported regions. Users can now swap QKC with over 350 supported tokens on LetsExchange instant trading platform.

2.4 Bitkeep Wallet now accepts QuarkChain

Bitkeep Wallet recently announced support for QuarkChain, and users can now use Bitkeep to manage their QKC.

*Currently only supports ERC20 network

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

QuarkChain Official Links

Website: https://www.quarkchain.io
Telegram: https://t.me/quarkchainio
Twitter: https://twitter.com/Quark_Chain
Medium: https://medium.com/quarkchain-official
Reddit: https://www.reddit.com/r/quarkchainio/
Developer Community: https://community.quarkchain.io/

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