Rank #787
qkc QuarkChain
$ 0.00716
0.061043 BTC
10 satoshies
Market Cap
51,21 MLN. $
24 Hour Trading Vol
3,50 MLN. $
Circulating Supply
7,15 BN.
Total Supply
10,00 BN.
Max Supply
-
Fully Diluted Valuation
73,30 MLN. $
Low
Range
High
Info
Contract
0xea26c4ac16d4a5a106820bc8aee85fd0b7b2
b664
Website
Explorers
Community
Search on
API id
Source code
tags
1h
24h
7d
1m
1y
max
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QuarkChain Price Statistics
0.00716 $
0.007009 $ / 0.007757 $
3,50 MLN. $
#787
51,21 MLN. $
0.3387 $
-97.88%
05 June, 2018, (7 years ago)
0.001377 $
419.95%
13 March, 2020, (5 years ago)
QuarkChain Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
QuarkChain Performance
Trading Pair
day
week
month
qkc
/
usd
-1.72%
-1.8%
-5.9%
qkc
/
btc
-1.72%
-1.8%
-5.9%
qkc
/
eth
-1.72%
-1.8%
-5.9%
About Coin
QuarkChain is a secure, permission-less, scalable, and decentralized blockchain. One of the goals of QuarkChain is to utilize sharding technology to deliver over 1 million transactions per second (tps). Essentially, QuarkChain markets itself as a peer-to-peer blockchain with a high capacity throughput to help deliver fast and secure decentralized applications. The team behind QuarkChain created this blockchain to resolve the issue of scalability that all the major blockchains are currently facing. The team feels that because of the urgency of this issue, the Bitcoin community simply cannot afford to wait until they all agree on a solution. Instead, they feel that by offering different solutions, such as the one inherent in QuarkChain, this compels the community to split via a hard fork and find the solution that works best.
QuarkChain encourages increased decentralization through multiple cheap nodes that then create a cluster that works as a super-full node. This prevents the high expenses associated with super-full nodes when the tps gets high. In terms of protection, all transactions within QuarkChain get the protection of 50 percent of the network’s hash power. This makes a double-spending attack incredibly challenging, particularly when combined with QuarkChain’s decentralized nature.
QuarkChain relies on a two-layer blockchain structure. Sharding blockchains known as shards are the first layer, while the second layer is a root blockchain that confirms the shards’ blocks.The major work on QuarkChain began in Q2 2017 with research into the problem of blockchain scalability. In Q4 of that year, the team drafted the whitepaper. In February 2018, it released the white paper and completed verification code 0.1. March 2018 saw the 0.1 versions of both the wallet and testnet. Now in Q2, the team is working on the testnet 1.0 and smart contract 0.1. In Q4 2018, the team will have the QuarkChain Core 1.0, along with the mainnet 1.0 and the SmartWallet 1.0. By Q2 2019, both the SmartWallet and QuarkChain Core will be in their 2.0 versions.
QuarkChain is a decentralized blockchain network that aims to resolve the issues of scalability that plague existing networks by using sharding technology. In this way, QuarkChain can dramatically extend the usefulness of blockchain technology since many applications are limited by the scalability of existing blockchain networks. The project is still in progress, but QuarkChain has already made many positive steps and already began invite-based beta testing for the testnet, showing significant progress and potential.
The main features of Quarkchain are:
1. Reshardable two-layered blockchain: Quarkchain consists of two layers of blockchains. We apply elastic sharding blockchains (shards) as the first layer, and a root blockchain as the second layer that confirms the blocks from the first layer. The second layer that confirms the blocks from the first layer. The second layer is flexible to be resharded as needed without changing the root layer.
2. Guaranteed security by market-driven collaborative mining: To ensure the security of all transactions, a game-theoretic framework is designed for incentives, where at least 50% of overall hash powers are allocated to the root chain to prevent double spending attack on any transactions.
3. Anti-centralized horizontal scalability: In any blockchain network with a high TPS, a super-full node can be extremely expensive, which encourages centralization. In contrast, QuarkChain allows multiple cheap nodes forming a cluster to replace a super-full node.
4. Efficient cross-shard transactions: Cross-shard transactions in QuarkChain can be issued at any time, and confirmed in minutes. The speed of cross-shard transactions increases linearly as the number of shards increases.
5. Simple account management: There is only one account needed for the entire blockchain (shards) in QuarkChain. All cryptocurrencies from different shards are stored in one smart wallet.
Where is QuarkChain available for purchase?
You can exchange QKC tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading QuarkChain is Upbit, notably the QKC/KRW pair, which saw a trading volume of $ 3,01 MLN. in the past day. Additionally, Hotcoin and Binance are popular alternatives for trading tokens.
What is the highest value QuarkChain (QKC) has ever reached?
QuarkChain (QKC) reached its peak price at 0.3387 $ on 05 June 2018, approximately 7 years ago ago. Presently, the current price is -97.88% lower than this all-time high.
What is the historical minimum price for QuarkChain (QKC)?
The minimum price reached for QuarkChain (QKC) was 0.001377 $, documented on 13 March 2020, more than 5 years ago. In comparison, the current price is 419.95%, it above this historical low.
What is the fully diluted valuation of QuarkChain (QKC)?
The fully diluted valuation (FDV) of QuarkChain (QKC) stands at $ 73,30 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of QKC tokens. The realization of this FDV might take several years depending on the emission schedule of QKC tokens.
How to add QuarkChain (QKC) to MetaMask?
By integrating QuarkChain (QKC) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import QKC as a token. You can either manually import QKC by copying its contract address (0xea26c4ac16d4a5a106820bc8aee85fd0b7b2b664) or use MetaMask's Chrome extension to add QKC with a single click through P.CASH.
How to add QuarkChain (QKC) to TrustWallet?
Incorporating QuarkChain (QKC) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include QKC, you can either manually import it using the contract address (0xea26c4ac16d4a5a106820bc8aee85fd0b7b2b664) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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