Beginner
Intermediate
Advanced

QuarkChain is now listed on Cryptology!

January 11, 2024
•

Buy, sell and trade QKC

📈 Spot trading of QKC/USDT is live


What is QuarkChain?

QuarkChain is a flexible, scalable, and user-oriented blockchain infrastructure used by businesses to develop their own decentralized applications (dApps).

Sharding technology is at the heart of QuarkChain. This scaling solution, primarily designed to support Ethereum, involves splitting the network into smaller blockchains called shard chains. Each shard chain then validates its own transactions, increasing throughput and decreasing fees. 

So where exactly is QuarkChain being used?

  • Chainlink
  • AlchemyPay
  • PancakeSwap
  • Ankr
  • Binance Smart Chain bridge

QuarkChain has its own consensus mechanism known as Boson Consensus. It increases the overall shards on a network which in turn allows for more scalability and the overall capacity for a given blockchain.

No matter the industry, QuarkChain offers adaptable infrastructure:

  • Gaming and entertainment.
  • Data and information system.
  • dApps and platforms.
  • DeFi services. 
  • Industrial services.

‍

The QuarkChain token

The native token for QuarkChain is QKC.

QKC token is an ERC-20 distributed via the Ethereum blockchain.

The token is used on the network as a medium of exchange for network participants and transaction fees. 

It is also possible to stake QKC via the network, depending on how much you stake will decide the amount of hash power that is contributed. QKC token is then rewarded to users for completing the lockup period. 

‍

Tokenomics:

QKC was initially distributed as so:

  • 15% - Team
  • 15% - Foundation
  • 10% - Advisors and marketing
  • 17.8% - Sold to private investors

QKC’s market stats:

  • Current market cap: $72,548,653
  • Circulating supply: 6,939,859,266 QKC
  • Max supply: 10,000,000,000 QKC
  • Twitter: 75,106 followers 

‍
Trade QKC

Connect with us

Twitter

Facebook

Telegram

YouTube


Risk Warning

Cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Cryptology will make its best efforts to choose high-quality tokens, but will not be responsible for your investment losses. As a digital asset trading platform that respects the community, Cryptology adheres to the principle of truthful, transparent and fair trading, with no malicious intent. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.