Review on QuarkChain by Toprak Dere

Name: QuarkChain
Item: QuarkChain
Rating: 3

March 29, 2021

About QuarkChain

QuarkChain (QKC) is a completely decentralized and permissionless blockchain infrastructure that aims to meet global trading standards. The decentralized, secure and scalable blockchain network, which aims to reach a network-based transaction capacity of more than one hundred thousand per second, aims to realize global trade in a digital way. The main features of the QuarkChain network can be listed as follows:

Flexibility: The QuarkChain network is a blockchain network that supports multiple consensus infrastructures and has multiple transaction models, hosting different wallets and having a layer-by-layer token economy. This network, which has the capacity to modify the consensus structure, transaction models and decentralized finance developments, comes to the fore with a particularly serious transaction capacity.

Scalability: QuarkChain's transaction speed of more than 1 hundred has not been reached yet, but currently more than fifty-five thousand transaction fees per second are reached. This shows that the network is faster than other networks.

Decentralization: QuarkChain has a two-tier structure, enabling individual miners to mine in different layers. Thanks to common mining pools, everyone on the network can mine.

Usability: In addition to having its own token economy, QuarkChain is ahead of its competitors by producing different cryptocurrencies on the network. Different cryptocurrencies can be produced on this network. 
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Pros

QuarkChain states that it is working to develop the most effective and useful enterprise blockchain solution. The platform, which has done a lot of research to understand what kind of blockchain solutions businesses actually need, states that this is a missing feature in most of the existing projects.
When looking at the QKC coin, it is seen that investors are very hopeful about the QKC coin. However, it is also stated that investors make profits with its high volatility and rapid price movements.

Cons