$QKC QuarkChain Network is an innovative blockchain architecture that does not use permissions. Its goal is to meet global commercial standards. It provides a secure, decentralized, and scalable blockchain solution to offer more than 100,000 TPS (transactions per second) on the chain. The main features of QuarkChain Network are as follows:
Flexibility
QuarkChain is the only public chain that can support multiple consensuses, various transaction models (including those of VM, virtual machines), a ledger, and a token economy on a network. It can easily adapt to any blockchain innovation by customizing the consensus, the transaction model (including those of VM), the ledger, and the token economy in each shard to meet the requirements of different industries, companies, or dApps.
Currently, the network supports two consensuses, PoW and PoSW (a combination of PoS + PoW), and more consensuses (DPoS, PoS, etc.) will be added in different shards in the future.
Moreover, since it is already compatible with the EVM at this moment, every dApp implemented on Ethereum will be easy to deploy on QuarkChain. Later, more virtual machines (e.g., EOS VM) will be added in different shards to give developers more options.
Decentralization
QuarkChain has a two-layer structure and encourages individual miners with different levels of capacity to mine directly without joining mining pools. Individuals can choose to mine on the root chain or on the shard.
Usability
QuarkChain supports native tokens, allowing each shard to determine the economy of its own token. It also supports scalable transactions between shards.