Review on QuarkChain by David Olayide
QuarkChain's Peer-to-Peer Structure
Lately I have discovered something like a trend or a phase in the cryptocurrency sector. I have noticed that most of the relatively new cryptocurrencies that are coming up are actually built to improve on the perceived faults of existing cryptocurrencies and projects. This was exactly what was on my mind when I came across QuarkChain.
QuarkChain is a blockchain designed basically to facilitate peer-to-peer transactions. The project was initially built to improve the scalability problems that were faced on Ethereum. To attain to this vision, QuarkChain uses sharding to enable sidechain interoperability. By doing this it can reach an interesting figure of 10,000 transactions per second.
QKC is an ERC20 token and is currently based on the Ethereum platform. In case your are interested, you can mine QKC with the PoW algorithm. You can easily find the QKC token on Binance, HotBit, Coineal or Bilaxy among many other exchanges.
Of course, the token can be stored on Ethereum compatible wallets.
Personally I like the shape and structure that this cryptocurrency is taking and I am sure we will feel it’s impact on the cryptocurrency community very soon. So look out for QKC out there fellas.
Pros
- QKC token is ERC20 based
- QuarkChain was created to improve on Ethereum's faults
- Peer-to-peer transactions can be done on the QuarkChain blockchain
Cons
- Acceptance in the crypto community
