Learned by 78 usersPublished on 2024.04.01 Last updated on 2024.10.15
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QKC (QuarkChain) is a cryptocurrency primarily used for transactions and payments on the QuarkChain network. Here is an introduction to QKC:
The founders of QuarkChain (QKC) cryptocurrency are Qi Zhou and Yao Dong. Qi Zhou, a former Google and Facebook engineer, conceived the QuarkChain project in 2017 with the aim of addressing contemporary blockchain scalability issues.
Based on the information provided, investment information about QuarkChain (QKC) was not directly mentioned in the search results. However, general blockchain and cryptocurrency investment information indicates that some investment institutions and individuals are active in the blockchain field, but these details do not specifically point to QKC investors.
If you require specific investment information about QKC, further research or consultation of relevant investment reports and news may be necessary. Here are some investment institutions and individuals active in the blockchain field, who may be involved with QKC or other cryptocurrency projects.
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How does the QKC cryptocurrency (QuarkChain) operate:
Infrastructure:
QuarkChain is a blockchain platform designed to provide high transaction speeds and scalability. It uses sharding technology to divide network data into small partitions (shards), each of which can process transactions and smart contracts in parallel.
Two-tier structure:
QuarkChain adopts a two-tier structure: the primary layer is used for sharding, while the root layer is used to confirm blocks from the shards. This design ensures network security and high throughput.
Consensus Algorithm:
Introduction:
QuarkChain combines the Proof of Work (PoW) and Proof of Stake (PoS) algorithms to improve transaction capacity and security.
QKC Token:
QKC is the native cryptocurrency of QuarkChain, used to pay transaction fees, reward miners, and support the operation of decentralized applications.
Scalability:
QuarkChain solves the scalability problem of blockchain through sharding technology, allowing multiple chains to interconnect, increasing transaction speed and throughput.
Use Cases:
QuarkChain supports smart contracts and decentralized applications (dApps), suitable for scenarios such as blockchain games, social networks, online storage, and sharing economy platforms.
In conclusion, QuarkChain (QKC) provides a high-performance, scalable, and secure blockchain solution through its unique sharding technology and two-layer structure.