Topic: Quarkchain A Multi-Native-Token (Read 105 times)

QuarkChain aims to build a flexible and scalable infrastructure by using sharding technology and Boson consensus that is exclusively proposed by Qi Zhou. Different shards could easily incorporate different virtual machine and consensus. What’s more, compared to native tokens, these smart-contract-based tokens have several fundamental limitations. Therefore, we propose Multive-Native-Token which is available on QuarkChain 2.0. All projects that are to be built on QuarkChain network will benefit from Multi-Native-Token without any restrictions. This allows each project on QuarkChain to independently design its own token economics, without the occurrence of a situation similar to “paying ETH as a GAS fee for ERC 20 transaction.” Multi-Native-Token will greatly enhance existing Dapps and developers are able to get involved in real application development faster.


Main Features of QuarkChain:

QuarkChain is an innovative permissionless blockchain architecture that aims to meet global-wise commercial standard. It provides a secure, decentralized and scalable blockchain solution to deliver 100,000+ on-chain TPS. Our TPS competition has come to an end recently and the first place’s TPS number achieved 55k+.

Super Flexibility
QuarkChain is able to support multiple virtual machines (VMs), various consensus algorithms, different ledger formats, and even multi-native tokens in one network.
It can easily adopt different state-of-the-art blockchain innovations in VM, consensus algorithms, and economics on one shard to satisfy different requirements of blockchain applications.

High Scalability
QuarkChain aims to deliver 100,000+ on-chain TPS.
Currently, 14,000+ peak TPS has already been achieved by an early stage testnet.
QuarkChain has a two-layered structure and encourages individual miners with different levels of capability to mine directly without joining mining pools.

Great Usability
QuarkChain is EVM-compatible and supports scalable cross-shard transactions.
Even better, there is only one account required to access entire resources in all shards, and smart wallet seamlessly simplifies the management.