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QuarkChain

QuarkChain (QKC)

$ 0.00
-0.23 %
Main info
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Comments
Markets
Analytics
Market cap
$19.73M
-0.23 %
Volume (24h)
$1.49M
-0.23 %
Circulating supply
7,162,909,083 QKC
Total supply
10,000,000,000 QKC
Max. supply
10,000,000,000 QKC

About QuarkChain

Technology

QuarkChain Network is a high-throughput blockchain that aims to achieve more than hundreds of thousands on-chain transactions per second (TPS). The high-capacity system will solve the scalability problem that current main blockchains are facing.

This problem is so urgent that bitcoin community can't wait to reach an agreement.

Different solutions compel the community to split through a controversial hard fork.

Token Distribution

QuarkChain tokens (QKC) are ERC-20 compatible tokens distributed on the Ethereum blockchain. After our mainnet is launched, the ERC-20 tokens will be converted to mainnet’s token by premining. Future QKCs will be produced by miners. Total supply is 10 billion QKC.

  • Token sale 20%
  • Team 15%
  • Advisors 5%
  • Foundation 15%
  • Mining, community and marketing 45%

Mining is prone to minor future inflation possibly.

Applications

QuarkChain Network welcomes various dApps, especially those demand high transaction rates: advertisement, IoT (Internet of things), AI and big data, game, peer to peer sharing economy, etc.

Today, lots of dApps are waiting for a more reliable and scalable foundation to begin with, QuarkChain Network will become a perfect choice.

Key data

updated $0
Market cap$19.73M
Volume 24h$1.49M
Circulating supply7.16B72% of max 10B
All-time high$0.34-99% from peak · 2018-06-04

QuarkChain (QKC) is a cryptocurrency and blockchain platform designed to solve the scalability problem through a sharded architecture. Instead of processing all transactions on a single chain, QuarkChain splits the workload across multiple chains that run in parallel, allowing the network to handle far more transactions. QKC is the native token used to pay for transactions and secure the network.

Frequently asked questions

What is QuarkChain and how is it different from other blockchains?

QuarkChain is a high-capacity blockchain that uses sharding — splitting the network into multiple smaller chains (shards) that process transactions simultaneously. This lets it achieve much higher throughput than single-chain blockchains like early Bitcoin or Ethereum. Its native token, QKC, powers transactions and network participation.

How does QuarkChain's consensus mechanism work?

QuarkChain combines Proof of Work (PoW) with a mechanism called PoSW, which blends proof of stake and proof of work. Miners secure the network through PoW, while PoSW adds stake-based verification to improve security and efficiency. This hybrid approach aims to keep the network decentralized while resisting common attack vectors.

How is QKC issued and distributed?

QKC has a fixed maximum supply, with tokens originally distributed through mining rewards and early sales. New coins are released gradually as miners and stakers validate blocks across the shards. The hard cap means no additional tokens can be created beyond the programmed limit.

How can you store and use QKC?

QKC can be stored in wallets that support the QuarkChain network, including the official QuarkChain wallet and compatible third-party wallets. The token is used to pay transaction fees, participate in network security, and interact with smart contracts on the platform. Always verify the smart contract address (0xea26c4ac16d4a5a106820bc8aee85fd0b7b2b664) when transferring or checking QKC.