The project focuses on finding the right balance between the three pillars of blockchain technology - scalability, decentralization, and security.Īs the blockchain technology gains more and more traction, blockchain scalability becomes the biggest headache to the developers. Therefore, any dapp built on Solidity and needs higher throughput can easily migrate to the platform. The system supports turing-complete smart contracts and Ethereum Virtual Machine (EVM) to allow smooth migration between EVM dapps and the QuarkChain platform.

The cross-shard transaction speed correlates to amounts of shards on the network. QuarkChain allows for quick cross-shard transactions that are confirmed in minutes and can be issued at any time. QuarkChain tackles this issue by empowering multiple cheap nodes to form a super-full node. Such structure encourages mining centralization. Blockchains with high TPS typically lead to exorbitant super-full nodes. Anti-centralized horizontal scalability.Fundamentally, 50% of the hash power is allocated to the root chain, which prevents double spending on any transaction. It ensures the security of all transactions using game theory incentives. The second layer can be resharded without altering the root layer. The root blockchain functions to confirm the blocks from the first layers. One layer consists of sharding blockchains (shards), and the second one is a root blockchain. At the heart of QuarkChain are two layers of blockchains. The network intends to become a high-throughput network for applications like distributed social media, high-frequency trading, IoT, payments, and gaming. It uses a sharding and is designed to meet the global commercial standards, be free of congestion, and deliver in high usage scenarios that require extra flexibility and speed. QuarkChain is a peer-to-peer network designed to process over a 100,000 TPS (more than a million initially, but the number dropped due to changes in project advertising strategy) thanks to its unique design and efficient data-distribution structure.

Quark chain ico