QuarkChain (A High-Capacity Peer-to-Peer)
As the world becomes more and more familiar with blockchain technology and the decentralised nature of distributed ledger technologies and the impact that this can have on economies around the world, the more it becomes a necessity to solve these problems and meet the demands of the ever increasing number of electronic payments taking place in this sphere. The current blockchain networks are struggling to keep up with the increase of volume of the world’s financial transactions. The solution to this is scalability; to increase the scalability as much as possible whilst at the same time maintaining an increased level of security and decentralisation. What is QuarkChain? QuarkChain is a high-capacity peer-to-peer transactional system which claims to provide the solution to the scalability problem by utilising sharding. It is a unique, permissionless blockchain which aims to deliver 1,000,000+ on-chain transactions per second (TPS). In comparison, Bitcoin completes 4 TPS and Ethe...