Quarkchain---> Simply Genius

in quarkchain •  6 years ago  (edited)

Quarkchain-> The Genius has been born!

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What is the meaning of Quark:

any of a number of subatomic particles carrying a fractional electric charge, postulated as building blocks of the hadrons. Quarks have not been directly observed, but theoretical predictions based on their existence have been confirmed experimentally.

The meaning of chain:

a number of atoms or chemical groups united like links in a chain

So yeah… Quarkchain https://quarkchain.io/ does innovation on current blockchain. I think in few months time we call quarkchain not blockchain. As we call toothpaste as a colgate rather than toothpaste itself.

Here is the reason why I think Quarkchain is the greatest of all time
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  1. Promises over 1 million transactions!!! Currently 2K transaction on Amazon web services. It want to challenge ethereum, zilliqa -->Scalability

  2. It uses “Sharding” — Elastic Sharding Layer and Root Layer

  3. A platform where Dapps can be deployed, employing proof of work

  4. Quarkchain is the currency which can be used as store of value, transactions and mining reward.

The real challenge with blockchain scalability isn’t getting the number of transactions per second up, it’s doing this WHILST maintaining an acceptable level of decentralization and security within the blockchain.
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So, How will they do it???

  1. They utilise Sharding and Cross-sharing. The ROOT CHAIN confirms the block first from the sharded chains then SHARDING layer will distributed the processing from sub-set of all transactions independently.

  2. Increase in number of shards will eventually increase the cappacity of quarkchain as new blockchain 3.0

  3. POW GPU mining- >50% of hashpower dedicated to Root layer to prevent double spending

  4. It also has incentive driven for miners. Small miners also get rewarded

  5. It supports Ethereum Virtual Machine for development of direct deployment of Dapps in their platform once their mainnet is live.

6)It has MVP running at 2.2K transaction per second with Testnet at crowdsale and mainnet & (multicurrency wallet in Q4 2018 and next version in Q2 in 2019)

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Roadmap
Quarkchain to the moon….

I have teams specialist doing research about ICO. And they come up with the advantages offered by Quarkchain and I personally suggest it is worth to invest your hard earn money in this ICO. I personally invest in 5 eth for this ico.

These are the advantagesss…..

  1. LOW transaction fee using single wallet

  2. Any DApps(Gaming, IoT, Remittance) can use Quarkchain platform because it can provide faster transactions.

  3. HAS WORKING PRODUCT WHICH CAN SCALE!
    Screen Shot 2018-05-06 at 1.19.02 PM.png
    His name is Qi Zhou, he is the founder of QuarkChain — the mastermind behind the new blockchain.

He’s had over 15 years experience as a software engineer with experience in developing high-end performance systems for 500 Fortune companies such as Google and Facebook. No wonder, he has the great vision because he used to the culture of those companies he been to.

He use his expertise to make these companies in their centralized environments attain transaction speeds of up to millions as well as billions of transactions per second.

Now he’s looking to bring his expertise and knowledge into the decentralized world to help take crypto and blockchain to even greater heights. “Hail Qi Zhou”

I personally thinks he will be same level with Da hongfei (Neo), Vitalik Buterin(Ethereum), Brock Pierce (EOS). All crypto enthusiast will look up for him to be the advisor for ICO.

Potential Valuation

I believe quarkchain can be compared to Neo, icon and zilliqa. Its like comparing beef to beef. I think quarkchain is the wagyu beef which is has massive value.

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wagyu beef

Screen Shot 2018-05-06 at 1.39.07 PM.png ![Screen Shot 2018-05-06 at 1.39.16 PM.png] () Screen Shot 2018-05-06 at 1.39.25 PM.png
The market cap for Zilliqa is U$ 1 billion, Neo is U$5.9 billion, Icon is U$1.6 billion

Hardcap for Quarkchain is only U$20 million!!!!! There is massive room for upside valuation. I personally believe it is 20x to MOOOOON!!!!

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https://quarkchain.io/![Screen Shot 2018-05-06 at 1.39.16 PM.png]

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