QuarkChain (QKC)

QuarkChain is a blockchain that aims to solve the blockchain trilemma. According to this trilemma, a blockchain can only meet two out of the three characteristics that make a blockchain successful: security, scalability, and decentralization. The developers of QuarkChain have managed to create a decentralized, scalable, and secure blockchain that can handle up to 100,000 transactions per second (TPS). This makes QuarkChain ideal for payments, games, metaverses, and social media. The blockchain uses sharding to process transactions as quickly and efficiently as possible. This can be compared to smaller teams working together on a large project. Different shards perform different tasks of the processing process, after which all the data is stored in blocks on the main blockchain. QuarkChain uses collaborative mining as a consensus mechanism, allowing miners to choose whether they want to work for the shards or the main blockchain. It is not necessary to work through a mining pool; miners can process transactions for QuarkChain directly as individuals and receive rewards for their work.