Page by Page whitepaper review: QuarkChain (QKC)
Published in
15 min readMay 20, 2018
Theoretically infinite Transactions per Second Capacity
Peer-to-Peer : All blockchains are peer-to-peer (like ledger on the torrent). Nothing new here
Transactional System : The network can be used for transactions. Nothing new here
Problem statement:
Scalability is a problem in the current blockchains.
Current solutions to scalability:
- Faster blocks
- Larger blocks
- Adding supernodes/masternodes to the network dedicated to validating transactions.
- Multiple blockchains
- Side-chains (Lightening network, Raiden, Rootstock, Trinity, Loom, Alpha, Hive, MimbleWimble, etc.
- Sharding (Oversimplified meaning : Not every node stores the whole blockchain and not every node has to verify each transactions.)
Offered Solutions:
Quarkchain also uses sharding to solve the problem of scalability. The way quarkchain is different is that -